The certainty that money is available when needed has become a defining concern for households. We’re all navigating elevated prices and higher borrowing costs at the same time that income streams have grown less predictable. In that environment, access to funds carries practical weight that...
Job security may be improving across the U.S. workforce, but financial confidence tells a more divided story. “Wage to Wallet™ Index: Side Work Patterns in the Labor Economy” explores how roughly 60 million hourly workers earning $50,000 or less annually are navigating rising costs, uneven...
The latest consumer confidence data points to a public that is cautiously recalibrating expectations for 2026, encouraged by cooling inflation yet unsettled by a volatile labor market. Provisional February figures from the University of Michigan, released Friday (Feb. 6), show consumer sentiment edging up 1.6% from...
Equifax now offers lenders verified employment and income data along with credit reports. This new offering, Income Confirm, integrates data from the company’s The Work Number database with an Equifax Consumer Credit Report, according to a Monday (Jan. 26) press release. Income Confirm is designed to strengthen lenders’ decisioning confidence...
September 06, 2024
In today’s competitive job market, traditional benefits like retirement plans and paid time off are falling short as workers demand immediate access to their earnings. Rising financial pressures and living costs are driving this shift, pushing employers to adapt or risk losing top talent. A PYMNTS Intelligence report, “No-Wait Wages: Leveraging Instant Payments to Boost […]
June 26, 2024
Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this finding: One-quarter of those Americans...
May 13, 2024
Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the Federal Reserve Bank of New York’s Center...
April 05, 2024
Wages are increasing. The unemployment rate’s lower. The U.S. economy added more jobs in March than had been expected. And yet, it all may not be enough to offset the...
January 26, 2026
Equifax now offers lenders verified employment and income data along with credit reports. This new offering, Income Confirm, integrates data from the company’s The Work Number database with an Equifax Consumer Credit Report, according to a Monday (Jan. 26) press release. Income Confirm is designed to strengthen lenders’ decisioning confidence during the credit card origination process and help them better […]
November 21, 2025
The Internal Revenue Service (IRS) has issued guidance that it said clarifies how to claim deductions associated with the “No Tax on Tips” law. The guidance also provides “transition relief”...
April 30, 2025
DailyPay will expand its On-Demand Pay platform to Canada in May. The company will make this earned wage access platform available to new and existing clients with operations in Canada, DailyPay said...
April 07, 2025
Earned wage access company DailyPay has sued New York Attorney General Letitia James. The company’s suit, filed Monday (April 7), is aimed at stopping what DailyPay says is an attempt...
