The promise of payments that clear in seconds rather than days has moved from a bright idea to a strategic imperative for banks of all sizes. Yet as real-time payments rails race ahead, many community and mid-sized banks still struggle to turn speed into strategy....
DailyPay will expand its On-Demand Pay platform to Canada in May. The company will make this earned wage access platform available to new and existing clients with operations in Canada, DailyPay said in a Wednesday (April 30) press release. “Expanding into Canada is a major step in our...
Branch added a “full-service paycard” to its workforce payments platform. The paycard is delivered through the Branch App and Card, enables payments to a dedicated bank account and allows employers to provide workers with a path to a complete banking experience, the company said in...
Earned wage access company DailyPay has sued New York Attorney General Letitia James. The company’s suit, filed Monday (April 7), is aimed at stopping what DailyPay says is an attempt by James to block on-demand pay via New York’s usury laws. Those laws, the company...
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 […]
January 10, 2025
For the jobs market, this is the way the year ends — not with a whimper but a bang. Data released Friday (Jan. 10) by the Bureau of Labor Statistics...
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...
November 27, 2024
The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. However, there are several puts and takes that...
April 30, 2025
DailyPay will expand its On-Demand Pay platform to Canada in May. The company will make this earned wage access platform available to new and existing clients with operations in Canada, DailyPay said in a Wednesday (April 30) press release. “Expanding into Canada is a major step in our mission to better serve our multinational clients and partners and […]
April 10, 2025
Branch added a “full-service paycard” to its workforce payments platform. The paycard is delivered through the Branch App and Card, enables payments to a dedicated bank account and allows employers...
April 07, 2025
Earned wage access company DailyPay has sued New York Attorney General Letitia James. The company’s suit, filed Monday (April 7), is aimed at stopping what DailyPay says is an attempt...
March 26, 2025
Utah Gov. Spencer J. Cox signed an earned wage access bill Wednesday (March 26), according to a press release issued by his office. The bill, the Earned Wage Access Services...
