Kronos news and trends

Banks Bring Coffee Shops To New Branches
Retail // June 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. The moves come as branches...

One-Third Of Employers Use Decade-Old Payroll Technology
B2B Payments // May 29, 2018

A new survey has found that one-third of employers are using payroll technology that is at least 10 years old. The “Evolution of Payroll Technology Survey,” conducted by Kronos with the American Payroll Association, polled nearly 1,000 payroll professionals from small, mid, and enterprise-size organizations (SMBs)...

Payroll Shortcuts Put Corporates In Compliance Jeopardy
B2B Payments // March 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. According to a recent report from EY, payroll is...

When Payroll Legislation Comes With An $100,000 Price Tag For Corporates
B2B Payments // September 05, 2017

The outlook for small- and medium-sized businesses in the U.S. remains steadily positive, with the latest employment figures showing strong jobs growth. But there is more to SMB success than employment data. A recent report from Paychex released last week found that there are a...

Quick Reads
Payroll Service Kronos Offline After Ransomware Attack

December 13, 2021
The Log4Shell vulnerability has affected workforce management and human resources (HR) cloud provider Kronos, the company warned users in a blog post last updated Monday (Dec. 13). Log4Shell is a security flaw found in things like online games, enterprise software, cloud data centers and more. It has a zero-day vulnerability, which means organizations affected don’t […]

Banks Bring Coffee Shops To New Branches

June 21, 2019
With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical...

One-Third Of Employers Use Decade-Old Payroll Technology

May 29, 2018
A new survey has found that one-third of employers are using payroll technology that is at least 10 years old. The “Evolution of Payroll Technology Survey,” conducted by Kronos with the...

WannaCry Hero Says He Didn’t Hack People’s Bank Data

August 15, 2017
Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,”...