With large U.S. enterprises facing demands from vendors, suppliers and contractors to make immediate payments, having ways to disburse funds instantly has become a strategic priority. The ability to execute nonrecurring, or ad hoc, payments immediately is rapidly evolving into a vital tool, particularly for...
In today’s fast-paced world, waiting days for a payment to clear can feel like an eternity. That’s why instant payments are in demand, giving businesses that owe money to vendors, suppliers or contractors the ability to digitally disburse funds almost immediately. But the speed of...
President Donald Trump wants to remove taxes on workers’ tips. Republican lawmakers want to turn that campaign trail proposal into concrete legislation. And Uber and DoorDash, The Wall Street Journal (WSJ) reported Saturday (March 29), want this legislation to cover the independent contractors that work...
Even before the pandemic, PYMNTS noted that 32% of workers participated in the gig economy in some way, either to supplement their incomes, or to cobble together revenue streams that represented their primary ways of paying their way through life. There’s some evidence that the...
April 09, 2025
In today’s fast-paced world, waiting days for a payment to clear can feel like an eternity. That’s why instant payments are in demand, giving businesses that owe money to vendors, suppliers or contractors the ability to digitally disburse funds almost immediately. But the speed of getting money out the door isn’t just about convenience for […]
February 17, 2025
The gig economy and gaming industries have driven a rise in ad hoc transactions, payments made outside of regular invoicing and payroll. Businesses are relying on instant payments to streamline...
January 22, 2025
As criticism of traditional biweekly and monthly payroll systems increases, workers in gig, freelance and contract roles are more vocal about the financial strain caused by delayed payments. This has...
October 25, 2024
As we head into the fourth quarter of arguably the most innovative year in payments since the pandemic, the liberation of capital is emerging as the story of the year....
March 30, 2025
President Donald Trump wants to remove taxes on workers’ tips. Republican lawmakers want to turn that campaign trail proposal into concrete legislation. And Uber and DoorDash, The Wall Street Journal (WSJ) reported Saturday (March 29), want this legislation to cover the independent contractors that work for them making deliveries and driving ride-share vehicles. According to […]
March 03, 2025
Payments and financial services tech firm Fiserv finalized its purchase of Payfare. The completed deal makes the founders and employees of earned wage access (EWA) provider Payfare part of the...
February 12, 2025
Work marketplace Upwork earned record revenue in 2024 and attributed its gains in part to artificial intelligence (AI). In an earnings release and other materials issued Wednesday (Feb. 12), the...
January 14, 2025
Gig workers and other independent contractors can take collective action seeking better compensation and job conditions without being challenged by the Federal Trade Commission (FTC), the regulator said Tuesday (Jan....
