As criticism of traditional biweekly and monthly payroll systems increases, workers in gig, freelance and contract roles are more vocal about the financial strain caused by delayed payments. This has sparked a demand for instant payroll, changing how employees manage their finances and engage with...
Zellis said Thursday (Jan. 9) that it plans to create an end-to-end artificial intelligence (AI)-powered human resources (HR) and payroll platform by acquiring elementsuite. The acquisition will add elementsuite’s AI-enabled HR and workforce management (WFM) suite to Zellis’ payroll and HR platform that serves U.K.- and...
A quarter-century into the new millennia, the banking and payments industries have witnessed a rapid pace of change. Consumers and businesses demand faster, more efficient transaction methods, pushing financial institutions to prioritize real-time capabilities. “We launched the RTP® network about seven years ago from scratch,”...
Earned wage access (EWA) is expanding platforms, including the eCommerce and ridesharing mainstays that rely on drivers for deliveries and trips, and the FinTech providers that offer enterprises new financial capabilities. In some cases, letting users get an advance on their pay comes via acquisition,...
January 22, 2025
As criticism of traditional biweekly and monthly payroll systems increases, workers in gig, freelance and contract roles are more vocal about the financial strain caused by delayed payments. This has sparked a demand for instant payroll, changing how employees manage their finances and engage with employers. The PYMNTS Intelligence report “Pay Without Delay: How Faster […]
December 30, 2024
A quarter-century into the new millennia, the banking and payments industries have witnessed a rapid pace of change. Consumers and businesses demand faster, more efficient transaction methods, pushing financial institutions...
February 09, 2024
The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months. In a Feb. 7 letter...
July 13, 2023
Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these paychecks can have massive detrimental...
January 24, 2025
Priority Technology Holdings has added new payroll and benefit solutions to its payments and banking solution by acquiring Rollfi. Rollfi enables banks, accountants, vertical software-as-a-service (SaaS) providers and other financial service providers to add payroll and benefits to their offerings through white-label solutions and application programming interfaces (APIs), the companies said in a Friday (Jan. […]
January 09, 2025
Zellis said Thursday (Jan. 9) that it plans to create an end-to-end artificial intelligence (AI)-powered human resources (HR) and payroll platform by acquiring elementsuite. The acquisition will add elementsuite’s AI-enabled HR...
December 17, 2024
Payroll/HR platform Remote says its clients can now pay contract workers using stablecoins. The new offering, launching initially for businesses in the U.S., allows companies to pay contractors in 69 countries with...
December 03, 2024
Accounting/payroll technology firm Sage is rolling out its AI tool, Sage Copilot. Announced Tuesday (Dec. 3) for early adopters in the U.S. and U.K., Copilot is designed to help accounting...