PYMNTS

JULY 30, 2020

Companies and workers alike are searching for payroll solutions that are faster and more flexible, especially during this time of economic uncertainty. Around The Changing Payroll Landscape. Deep Dive: On-Demand Pay Options For An On-Demand Economy. Topcoder On Minding Fast And Secure Payments For Tech Contractors.

Payroll 76

Payroll Federal Trade Commission On-Demand FTC 76

Fintech Finance

FEBRUARY 4, 2025

This extraordinary increase reflects the growing demand for faster, more transparent, and always-available payment solutions from consumers, businesses, and the financial community. This 1 billion transaction milestone also reflects the networks scalability and reliability as demand for real-time payment options surges. billion).

RTP 59

RTP Volume Transactions Real Time Payments 59

PYMNTS

MARCH 7, 2019

The gig economy has changed — and is still changing — when we work, how we work and, of course, how we get paid. Readers of this space may recall some stats at the end of last year, where the PYMNTS Gig Economy Index found that as many as one-third of workers in the U.S. Want another data point?

Payroll 80

Payroll Push-to-Card Debit Card Economy 80

PYMNTS

MAY 29, 2019

FinTech firms that provide workers with wages on demand (i.e., ”That’s probably because payroll is expensive, administrative-intensive and the fewer times you can do it, the better — from an employer point of view. However, as monthly payroll has spread in the U.K. Yet, in the U.K., “In the U.K.,

On-Demand 60

On-Demand Payroll Compliance Economy 60

PYMNTS

FEBRUARY 27, 2020

That’s because a decade ago, the gig economy was still in its nascent stages. According to the latest edition of the Gig Economy Tracker , PYMNTS found that 42 percent of U.S. gig economy. According to the latest edition of the Gig Economy Tracker , PYMNTS found that 42 percent of U.S. gig economy.

Economy 94

Economy Payroll Instant Payments Use Case 94

PYMNTS

NOVEMBER 7, 2016

The gig economy is the future. But does the gig economy also presage the hobbling of the traditional, non-gig economy? The question remains as to whether the tradeoff is one where “traditional” payroll positions are eliminated as work is contracted out.

Payroll 67

Payroll Economy On-Demand Rules 67

PYMNTS

JULY 27, 2020

Now, Edwards said, banks are at the same starting point on disbursements, but this is the opportunity to capitalize on the next big digital payments wave — from digital to instant, on-demand money, creating a modern disbursements experience. The evolution to make all payouts instant, on demand and with choice, he noted, is underway.

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

PYMNTS

APRIL 10, 2019

The Index also discovered that the gig economy is among one of the first areas to disrupt the normal pay cycle. Access to these types of payments isn’t limited to just the gig economy, though. . On-demand earnings offer workers a financial lifeline should they be blindsided by unexpected expenses.

On-Demand 60

On-Demand Payroll Direct Deposit Instant Payments 60

Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. Transaction Volume and Growth: The PayFac model is growing rapidly, driven by demand for digital payments and e-commerce.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

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 59

Economy Payroll On-Demand Real Time Payments 59

PYMNTS

NOVEMBER 27, 2020

At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a perfect storm of sorts, which has fueled a surge in demand for loans as well as an appetite for secondhand merchandise. We call it the ‘silly season’,” Summa said. The Lender of Last Resort.

Economy 87

Economy ATM Checks Payroll 87

PYMNTS

OCTOBER 30, 2018

Payroll is not a one-size-fits-all function of the enterprise. As payroll technology evolves, companies have more options when it comes to improving this financial function. ” In today’s market, gig work is a booming space that’s challenging the status quo of payroll. As much as one third of the U.S.

Payroll 53

Payroll Product Direct Deposit Checks 53

PYMNTS

JANUARY 10, 2019

The solution, which has been used for lenders and gig economy companies, is also seeing interest from payroll providers and insurers. On-Demand Wages: A Handy Option For Handyperson Pros. In the U.K., faster payout solutions could soon find a home on the nation’s digital classified ad sites. Around The World Of Disbursements.

On-Demand 62

On-Demand Tax Refunds Push-to-Card P2P 62

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. Payroll Card Evolution. Take payroll cards. Mobile has changed the payroll game — and, with it, consumer expectations for how it should work.

Payroll 63

Payroll Use Case Innovation Consumer 63

PYMNTS

DECEMBER 20, 2019

Payroll and insurance are two areas in which technology startups have brought disruption to the fold, but challenges in these markets are rarely tackled simultaneously. Each month, businesses must report payroll data to workers’ comp insurance carriers in order to accurately calculate premiums and make insurance payments.

Payroll 52

Payroll Audit On-Demand Legal 52

PYMNTS

FEBRUARY 20, 2019

The platform supports same day ACH, prepaid card, cash and debit payments to PayPal, Bitcoin, and other payment methods for on-demand workers to receive compensation. It has also landed a partnership with Astral Brands’ Aloette Cosmetics, which will begin using the KyckGlobal platform to pay its on-demand workforce.

On-Demand 51

On-Demand Same Day ACH Alternative Payment Methods PayPal 51

PYMNTS

SEPTEMBER 11, 2019

10) that could turn on-demand contract workers into full-fledged employees. . In 2018, the Supreme Court in California ruled that gig economy companies can’t count workers as independent contractors instead of employees. They would also have to pay payroll taxes, all of which could change their business models.

Economy 60

Economy On-Demand Laws Rules 60

PYMNTS

SEPTEMBER 21, 2020

Recent PYMNTS data show that 42 percent of Main Street small and medium-sized businesses (SMBs) have reduced payroll to help mitigate the financial impact of the pandemic. The payroll reductions — whether by cutting staff or paying people less — have increased. What will the 42 percent solution be?

Payroll 61

Payroll Risk Mitigation Adjustments 61

Fintech Review

APRIL 19, 2025

It is becoming infrastructure, embedded, intelligent, and indispensable to the digital economy. For instance, a payroll platform no longer just handles payslips. A new phase where these two forces blend more deeply into the financial system, not just serving finance, but reshaping it entirely. In contrast, SaaS fintech v2.0

Finance 94

Finance Embedded Finance FinTech Payment APIs and Integration 94

PYMNTS

JULY 23, 2020

The pandemic has exposed extreme vulnerabilities in today’s economy where six in 10 Americans live paycheck to paycheck. In recent years, the gig economy has underscored the importance of disrupting traditional payroll norms. They still fund their payroll exactly the same way they did before.”.

Payroll 85

Payroll On-Demand Economy Returns 85

Fintech Finance

FEBRUARY 28, 2025

Stripes growth to date is evidence of the intense market demand for programmable financial services. Were continually retraining dozens of machine learning models that optimize every part of the transaction flow over an economy-scale dataset. Improvements to the basic usability of money make economies more prosperous.

Volume 52

Volume AI Stablecoins Payments 52

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 69

Payroll Payment APIs and Integration On-Demand Identity Theft 69

Fintech Finance

JUNE 4, 2024

PayQuicker , a leader in global payouts orchestration, today announced the launch of Insta-Pay, a powerful new solution enabling businesses to offer on-demand earned income access. This benefit not only validates their entrepreneurial pursuits but also motivates them to further invest in and expand their side businesses.

On-Demand 52

On-Demand Direct Deposit Compliance Payroll 52

PYMNTS

JUNE 29, 2020

What’s surprising is how conspicuously antiquated “payday” suddenly seems in an economy that went digital-first without hesitation. Many of these workers are now being required to work irregular shifts due to social distancing policies or unprecedented demand. Five Generations of Workers, One Breakthrough.

Payroll 52

Payroll Direct Deposit Alternative Payment Methods Checks 52

PYMNTS

JULY 25, 2018

The rise of the gig and on-demand economy has spurned innovation in services managing contingent workers, though much of the new solutions rolling out address payroll and wages for gig workers. According to the PYMNTS’ Gig Economy Index , gig workers now account for 3.7 Stripe launched a similar solution in 2016.

On-Demand 40

On-Demand Payroll Economy Addressing 40

The Fintech Times

APRIL 14, 2025

Building on the demand for these services, Chipi Pay , the Mexican-based prefunded stablecoin wallet, has expanded its services in the country, following a partnership with Starknet Foundation, a high-performance Layer 2 scaling solution that brings security, decentralisation, and ultra-low transaction fees to Ethereum.

Stablecoins 55

Stablecoins Payments Transactions On-Demand 55

PYMNTS

JUNE 26, 2020

population, which undermined central goals of the funding: to provide immediate financial relief to businesses and consumers and to stimulate a flatlining economy. Some firms already had digital tools and platforms in place to streamline their payroll operations, but many others have had to scramble to adapt to these new realities.

Payroll 52

Payroll Debit Card Direct Deposit Online and Mobile Banking 52

PYMNTS

APRIL 6, 2020

Paylocity , which provides HR and payroll services, has acquired VidGrid , which works with peer-to-peer video services, according to a press release.

Payroll 52

Payroll Acquirers FinTech On-Demand 52

PYMNTS

OCTOBER 10, 2019

With virtual assistant technology pressing deeper in corporate finance, bots and artificial intelligence (AI)-powered tools deploying natural language processing are popping up from logistics management to accounting — and payroll is no exception. Technology For The Payroll Department.

Payroll 43

Payroll Direct Deposit Processors Push-to-Card 43

PYMNTS

APRIL 9, 2020

In an effort to deliver more relief to the nation’s struggling small businesses and boost the economy amid the global coronavirus pandemic, the Federal Reserve announced it has taken actions to facilitate $2.3 The daily demand for loans has been more than the SBA typically processes in a year. trillion in loans.

Federal Reserve 56

Federal Reserve Facilitators Economy Fed 56

PYMNTS

DECEMBER 6, 2019

The growing significance of the gig economy is changing how businesses handle their payments. Corporations recognize that paying freelancers for ad hoc projects is a different ball game than issuing regular payroll disbursements to hourly or salaried employees or contracting with large suppliers. Around The Next-Gen Payments Landscape.

Payments Tools 74

Payments Tools Payroll Payments Economy 74

PYMNTS

MAY 15, 2020

And the government noted that the economy lost 20.5 million positions last month, which is said to be the steepest drop in payrolls as of the Great Depression. And the government noted that the economy lost 20.5 million positions last month, which is said to be the steepest drop in payrolls as of the Great Depression.

Economy 89

Economy Payroll Government Governance 89

PYMNTS

DECEMBER 18, 2020

Morgan , said financial institutions (FIs) need to offer those firms payments functionality on demand. He said we’re seeing the “API economy” take shape, where banks want to plug new functionality into existing systems on both the front end and back end. That means offering PaaS, they said. Onyx, it should be noted, is a new J.P.

Economy 67

Economy API Payment APIs and Integration B2C 67

PYMNTS

MARCH 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. But not all payroll executives are up for the challenge. Not for Lack of Effort.

Payroll 43

Payroll Compliance Faster Payments Duplicate 43

BitPay

APRIL 25, 2023

As the digital assets landscape evolves, companies of all sizes are integrating cryptocurrency into their business models to make key processes like employee payroll faster, cheaper and more efficient. There are many compelling reasons to power your payroll with crypto, and many ways to get started, even with little to no technical knowledge.

Payroll 52

Payroll Cryptocurrency Processors Blockchain 52

PYMNTS

JANUARY 26, 2021

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

JANUARY 8, 2020

International hiring inevitably brings new complications to payroll, though, as businesses are challenged to manage the different languages, currencies and regulations of their global workforces. “We are now in a global economy, and I can’t see that ever changing,” Reynolds told PYMNTS. An Evolving Workforce.

Cross-Border 40

Cross-Border Cross-Border Payments Payroll Payments 40