Mypayrollhr news and trends

MN Man Admits Helping MyPayrollHR With NY Fraud
B2B Payments // February 09, 2020

Luke Steiner, 31, of Minnesota pleaded guilty on Wednesday (Feb.5) to one charge of conspiracy to commit wire fraud, stating that he assisted New York-based MyPayrollHR CEO and Founder Michael Mann defraud two companies, according to multiple reports last week. Get the Full Story Complete...

SMBs Struggle Amid MyPayrollHR Fraud Inquiry
B2B Payments // October 24, 2019

The closure of New York-based payroll processing firm MyPayrollHR left some 8,000 people and about 400 companies without their paychecks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Top News In Payments: Square Unveils CBD Early Access Program; New York Examines Payroll Tech...
News // October 04, 2019

Today in the payments news roundup, Square is rolling out CBD early access program that will allow U.S. vendors to sell CBD items. Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. And Japan’s SoftBank is...

NY AG Subpoenas 40+ Cos About MyPayrollHR Scandal
B2B Payments // October 03, 2019

The state of New York is taking a closer look at the payroll technology industry amid the fallout from the collapse and scandal of MyPayrollHR, The Wall Street Journal reported Thursday (Oct. 3). Get the Full Story Complete the form to unlock this article and...

Interviews & Exclusives
What The MyPayrollHR Debacle Says About Payroll’s Future

September 16, 2019
Perhaps everyone’s worst nightmare came true for 250,000 employees of 4,000-5,000 small businesses over Labor Day weekend: Payday came, and paychecks didn’t. In fact, it was much worse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Quick Reads
MyPayrollHR Founder Faces $70M Fraud Charge

September 24, 2019
The CEO and founder of the New York payroll company MyPayrollHR was arrested and charged Monday (Sept. 23) in a $70 million bank fraud scheme that left hundreds of small businesses across the country scrambling, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]