Paychecks news and trends

Wagestream Inks Visa Deal To Expand Offerings In Europe
Payment Methods // August 03, 2020

Wagestream is teaming up with Visa to expand its offerings in Europe, a move that comes on the heels of a major injection of capital into the London-based FinTech. Wagestream said on Monday (August 3) that it will integrate Visa Direct’s push payment platform into...

Why COVID-19 Drives Demand For Digital Advances, Long-Term Investing
Next-Gen Debit // June 02, 2020

Consumers’ financial priorities are shifting, and staying relevant means helping customers stay financially afloat and gird against the next crisis, says Tim Hong, chief product officer at digital banking and investment services platform MoneyLion. In the latest Next-Gen Debit Tracker, Hong explains how reduced fees,...

Why Instant Paychecks Will Be A Necessity Instead Of A Luxury
Faster Payments // May 14, 2020

While many advancements have been made over the last five years toward enabling 9-to-5 employees to gain instant access to wages they already earned, the progress has been uneven at best. But as PYMNTS and Mastercard demonstrated in a survey last fall, the progress of...

Visa Direct Powers Real-Time Payroll For Frontline Workers
VISA // May 14, 2020

Americans are worried about their finances, a fact highlighted repeatedly in PYMNTS’s ongoing series of studies documenting consumer behaviors during the global pandemic and their outlook for what’s coming next. Tens of millions have already lost their jobs. In February, before the pandemic, nearly 40...

Interviews & Exclusives
The Need/Convenience Credit Card Paradox

January 25, 2018
Life happens, as the saying goes. When life happens, though, all sorts of things also happen to financial visibility — including the ability to see one’s way toward tackling debt, the vagaries of day-to-day living (like food, clothing and shelter, among other basic necessities) and building a financial future. In the “Financial Invisibles” report, a […]

Financial Wellness, For Employees, And Their Employers Too

April 26, 2017
Turnover in certain industries — think fast food firms and cleaning services — can reach a few hundred percent annually. And that can cost firms thousands of dollars per (new) employee. What...

The Need For Speed: Paying Gig Economy Workers

March 29, 2017
Speed is king in payments, but when it comes to gig economy workers, so is flexibility. Hyperwallet CEO Brent Warrington spoke with PYMNTS’ Karen Webster about the trends shaping the...

Quick Reads
Wagestream Inks Visa Deal To Expand Offerings In Europe

August 03, 2020
Wagestream is teaming up with Visa to expand its offerings in Europe, a move that comes on the heels of a major injection of capital into the London-based FinTech. Wagestream said on Monday (August 3) that it will integrate Visa Direct’s push payment platform into its income streaming system, which enables workers to draw upon […]

Ceridian Introduces Dayforce Wallet For Real-Time Employee Payments

May 11, 2020
Human capital management (HCM) software as a service (SaaS) firm Ceridian is launching Dayforce Wallet to give people the flexibility of getting paid in real-time, whenever they want it. Ceridian...

Even Expands Pay Advance Offer To Include Goal-Based Savings

January 23, 2020
Financial wellness technology startup Even is rolling out a new savings solution that gives users the ability to target three goals at the same time, the company announced on Thursday...

Wagestream Raises $51M To Help Workers With Payday Gap

May 20, 2019
Wagestream, a U.K. startup, has raised $51 million (£40 million) to help U.K. workers who only get paid once a month but need to draw funds from their wages, according...