Gig workers are an exploding workforce in the U.S. According to the PYMNTS.com Gig Economy Index, these workers account for 3.7 percent of total GDP — which amounts to more than $711 billion in income this year alone. At the same time, payroll cards are experiencing...
Weeks after New York state introduced new legislation aimed at protecting employees from excessive fees while using their payroll cards, a neighboring state is gearing up for its own laws targeted at the tool. Reports on Wednesday (Sept. 28) said Connecticut is preparing for a...
Proposed rules would alter the way New York-based employees are paid – as in they get to pick. Compliance. Headache. American Payroll Association execs tell us how the road to regulatory and payroll Hades is paved with good intentions. Maybe.
The New York State Department of Labor said earlier this month through a published proposed rule that current consents are invalid for direct deposit and must be reinstated by employees. The comment period is through July 15 of this year. Employees must be notified in English...
July 14, 2016
Proposed rules would alter the way New York-based employees are paid – as in they get to pick. Compliance. Headache. American Payroll Association execs tell us how the road to regulatory and payroll Hades is paved with good intentions. Maybe.
June 24, 2016
The New York State Department of Labor said earlier this month through a published proposed rule that current consents are invalid for direct deposit and must be reinstated by employees. The comment period is through July 15 of this year. Employees must be notified in English or their primary language before being paid by direct deposit […]
October 30, 2015
The recent legal controversies involving payroll cards have caused some lawmakers in New York to take a fresh look at the payment technology. The NY State Department of Labor earlier...
September 30, 2015
The owners of several McDonald’s locations in Pennsylvania are appealing to a judge who has refused to dismiss a lawsuit against the business owners who are facing charges that they...
August 25, 2015
A new partnership between Prepaid Financial Services Limited and WestStein will bring the power of prepaid cards to businesses across Europe in the coming months. In an announcement yesterday (Aug....
