PYMNTS

MARCH 2, 2020

These businesses do not always have the time or resources to find and hire temporary workers, add them to payroll, and remove them a few weeks later. Companies thus often turn to staffing agencies — which keep temporary workers on payroll and send them out as needed to short-term jobs — to help them connect with ad hoc workers.

Payroll

PYMNTS

JULY 16, 2019

The customer involved in the fraud is Interlogic Outsourcing, which processes payrolls and is based in Elkhart, Indiana. In a K-8 filing, KeyCorp, which is based in Cleveland, said the fraud involved a “business customer” and that it was discovered “on or about” July 9. The event occurred in the beginning of Q3. KeyBank’s five-year, $16.5

Payroll

PYMNTS

MARCH 26, 2019

Human capital management firm Netchex and restaurant business management technology provider Delaget are teaming up to promote data integration for the restaurant sector, with a focus on payroll. “As a market leader, Netchex was an obvious choice.

Payroll

PYMNTS

OCTOBER 3, 2018

That all changed in 2017 when the Jumbo Shrimp introduced the option of payroll cards, provided by FIS — a solution also offered to other U.S. The baseball club’s main goal regarding the payroll cards, Craw said, was to enable real-time employee payments — employees instantly receive payment for days worked.

Payroll

PYMNTS

JANUARY 12, 2017

As payroll joins the high-tech stratosphere populated by other business processes, corporations are beginning to shift their approaches to this area. Analysis from Bloomberg BNA in its “ 2017 Outlook — International Payroll ” report released just before the new year suggests data protection has become a paramount concern for payroll managers.

Payroll

PYMNTS

FEBRUARY 28, 2020

A global study of 7,000 employers and employees conducted by human resources and payroll services provider ADP found that nearly half of Gen Z job seekers would reject offers that did not include options for how they receive their earnings. Speed of Disbursements. Workers want to select how their money arrives, too. ADP surveyed 500 U.S.

Payroll

Fintech Finance

SEPTEMBER 5, 2024

Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, has announced it has signed a definitive agreement to acquire Airbase Inc., a modern finance and spend management software solution that combines bill pay/accounts payable automation, expense management, corporate cards and procurement capabilities.

Agreements

PYMNTS

JULY 24, 2018

New York’s years-long payroll card regulation saga took an unexpected turn recently when the New York State Supreme Court annulled a previous appellate court ruling, reviving efforts to introduce stricter payroll card rules. Employers would also have to receive consent from their workers to receive wages via payroll card.

Payroll

PYMNTS

MAY 4, 2017

The payroll card industry is far from immune to controversy. Especially in recent years, regulators have eyed the space amid waves of criticism over high fees associated with the cards or a lack of education given to employees about the payroll tool. million employees receiving wages on payroll cards as of 2016 (compared with just 5.5

Payroll

PYMNTS

NOVEMBER 20, 2020

Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . Alternative payroll methods are also important in countries like the U.S., Speeding up payroll . Paying unbanked workers .

Payroll

PYMNTS

APRIL 11, 2018

2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and Same Day ACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer. The network saw an increase in all transactions for 2017, including a 5.6

ACH Network

PYMNTS

APRIL 30, 2018

The latest payroll company to go public had a promising debut last week on the New York Stock Exchange, according to reports in StarTribune. million in total revenues in 2017, up 6.6 Ceridian is the latest in a series of payroll companies going public. The company saw $750.5 percent from 2016; its net losses hit $10.5

Payroll

PYMNTS

JANUARY 17, 2019

The evolution of payroll is all about pushing back against the notion of one-size-fits-all. As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. ” In the U.S.,

Payroll

PYMNTS

FEBRUARY 6, 2019

The issue mirrors the debate over payroll card fees, and raises new concerns over fees linked to card products for businesses, including interchange fees. “This is a business model intended to deceive,” said Andrew Left, founder of Citron Research, in an interview with Bloomberg in 2017. Not The First Fee Controversy.

Payroll

Fintech Finance

AUGUST 30, 2024

Its customers serve many industries, including travel, e-commerce, and payroll, among others. The license has enabled the fintech to better serve its European and global business customers with entities in the EU. Today, its global payout network supports low-cost payments in 100 currencies to more than 220 markets, 100 of which in real-time.

Cross-Border Payments

PYMNTS

JANUARY 20, 2017

In the research, titled The State of eCommerce Marketplace Selling in 2017, Hyperwallet’s survey of 1,500 marketplace sellers revealed that getting paid quickly is among their top concerns. That’s among the findings of the latest Hyperwallet study that delved into what people want from their online marketplaces.

Payroll

Fintech Finance

AUGUST 15, 2024

Instant payments use the FedNow service, developed and launched by the Federal Reserve in July 2023, and the RTP® network, launched in 2017 by The Clearing House. The Modern Treasury platform powers instant payments for companies in industries like healthcare, payroll, real estate, investing, and insurance.

Instant Payments

PYMNTS

SEPTEMBER 15, 2020

Just like accounts payable (AP) departments, payroll clerks have been faced with major disruption as a result of the pandemic, particularly when payroll systems remain paper-based. But shifting away from paper paychecks toward digital payroll solutions hasn't been the only influence of market disruption. Beyond the Gig Economy.

Economy

PYMNTS

MAY 8, 2017

For Q1 2017, movement was a bit to the downside amid continued earnings reports this past week, as has been seen in previous sessions. The firms said that FleetCor would seek to bring its virtual payments solutions (FleetCor’s main businesses have been in payroll solutions and fleet cards) to Cambridge. ACI Worldwide shares gained 8.7

Continuity

The Payments Association

JUNE 2, 2025

Founded in the UK in 2017, Paysend has evolved from a cross-border money transfer startup into a leading global fintech company with a clear mission: to simplify money transfer for all by building the worlds largest open, instant digital payments network.

Cross-Border

PYMNTS

DECEMBER 18, 2018

Other things – like payroll systems getting their first major disruption in over a decade – are certainly worth following, even if the tea leaves aren’t quite clear yet. 20 percent: Average global increase in “bleisure” trips reported in 2016 and 2017. Data: $3 billion: The amount Tencent has invested in 40 U.S.

Payroll

PYMNTS

AUGUST 12, 2019

But for the Fed and its rails, they say, employees will be resigned to the bad old days of antiquated payroll systems that force them to live paycheck to paycheck, and at great financial risk. Employers schedule payroll a day or two in advance with their payroll providers so that employees can access and use those funds on payday.

Real Time Payments

PYMNTS

JANUARY 9, 2017

As noted last week , the firm said it had expanded its partnership with Apple wherein the former’s loyalty and payroll deduct program is being rolled out with Apple Pay at 300,000 machines across the U.S. The leader among winning names was USA Technologies, which saw 10.7 percent to the upside to the week.

Mobile Deposit

PYMNTS

JANUARY 15, 2018

145 billion: the value of cross-border B2B payments as of December 2017. million: the value of investments for B2B eCommerce companies in 2017 , a seven-year high, according to reports. billion in 2017, with NACHA highlighting the potential for this tool in the areas of B2B payments, payroll and more.

API

PYMNTS

FEBRUARY 28, 2019

The Cash App , Square said, had more than 15 million monthly active users in December 2018, more than double the number seen in the final month of 2017. Square also said its recently launched Payroll offering has been useful in helping sellers manage operations, as smaller firms may be relatively underserved by traditional payroll providers.

Debit Card

Finovate

MARCH 18, 2024

GoCardless anticipates the move will expand its availability, as well as help it launch new products for additional verticals, including payroll, financial services, utilities, insurance, gaming, and gambling. Nuapay itself was originally founded in 2017 and is headquartered in Ireland.

Accounts

PYMNTS

DECEMBER 18, 2020

This week showed investor interest in B2B FinTech companies in international markets, as a trade finance platform in India and a human resources (HR)/payroll cloud software firm in the U.K. The firm, which Sundeep Mohindru rolled out in 2017, seeks to grow its network throughout India and invest more in technology with the new infusion.

B2B

PYMNTS

JULY 19, 2019

It was started in 2017 to aid in the company’s creation of a payment and services endeavor. . In other UAE-related news, the First Abu Dhabi Bank recently rolled out a payroll card solution for the market via its Mercury payment operator unit. Jollypay is the payment arm of Jollychic, a shopping platform.

Point-of-Sale (POS)

PYMNTS

OCTOBER 10, 2018

61 percent: Share of firms that report real-time payments would improve payroll operations. economy in 2017. Data: 233 trillion: The number of data transactions that move across the Adobe Experience cloud annually. 200 million: The number of Indian consumers who have smartphones.

Risk

PYMNTS

OCTOBER 8, 2019

Silicon Valley tech startup Neighborly is having money woes and can’t make payroll, Bloomberg reported on Monday (Oct. Wilson told Bloomberg on Monday that it was necessary to halt payroll so the company could reorganize as it shifts to broadband. 6) memo. “We

Payroll

PYMNTS

FEBRUARY 27, 2020

“At first, there were all kinds of things, and some of them were kind of silly — people who offered to sing ‘ Happy Birthday ’ for $5,” Fiverr’s Global Head of Community Brent Messenger told Karen Webster in an interview in 2017. and it is apparently adjusting its payroll to look a bit more like that of the gig economy.

Economy

PYMNTS

JANUARY 10, 2020

This makes for a decade of steady payroll growth, which is the longest stretch in 80 years, according to a report by The Wall Street Journal. Retail locations added 41,200 jobs, which is the biggest jump in that sector since January 2017. economy continues its upward trajectory with 145,000 jobs added in December.

Continuity

PYMNTS

DECEMBER 8, 2016

Payroll and accounting company Sage could say goodbye to its North American operations. Overall, the company’s most recent fiscal year report signaled strong growth for the company and supported Sage’s plans to expand in 2017 via strategic investments. Reports Wednesday (Dec.

Payroll

PYMNTS

JUNE 12, 2019

In a deal announced Tuesday (June 11), H&R Block has acquired Wave Financial, a small business FinTech firm offering accounting, payroll, invoicing, payments and bookkeeping services. Consumer tax solutions provider H&R Block is ramping up its position in the small business financial services market with the takeover of Wave.

Blocks

PYMNTS

FEBRUARY 12, 2020

Another popular variation on BEC scams in 2019, according to the FBI, was the payroll diversion scam, where hackers use a spoofed or hijacked employee account to request that an employee’s direct deposit is routed to a new bank account, which usually ends up being a prepaid card that is emptied almost immediately after the deposit is made.

Business Email Compromise

PYMNTS

APRIL 30, 2019

These cases include individuals and family offices with business-sized needs, with business-sized challenges in accounts payable, expense management and payroll. So, educating them on the risks of not having [staff] on payroll is very eye-opening for these clients.”

Finance

PYMNTS

DECEMBER 3, 2019

The startup works with employers, is completely free to offer and integrates into already existing payroll and HR systems. The startup was founded in 2017 by Simon Draper and James Herbert. Hastee’s ‘liquid payroll’ solution will transform how people spend and control their personal finances,” Aitkenhead said.

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