PYMNTS

APRIL 22, 2020

While there has been some innovation in wage payment mechanisms as more employers shift away from the paper check toward direct deposit and payroll cards, little has changed about the timing of those payments. The payroll status quo has created cash flow challenges for many employees, particularly the estimated 60 percent of U.S.

Payroll 62

Payroll ACH Same Day ACH Innovation 62

PYMNTS

OCTOBER 8, 2018

Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. 5) said MyEG is rolling out “PayMe” software, a tool allowing employers to manage payroll functions, like overtime, more accurately. Payroll is one of the many potential use cases for blockchain technology.

Payroll 51

Payroll Blockchain Payment APIs and Integration Cryptocurrency 51

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

MARCH 30, 2018

There is one exception to B2B payments’ aversion to speed: payroll. Employers see potential in faster payments technologies to remedy key points of friction in payroll, like fixing payroll errors. 1 request” for clients of payroll company Wagepoint, its CEO, Shrad Rao, told PYMNTS last year. “We and Canada.”.

Payroll 53

Payroll Faster Payments Direct Deposit Same Day ACH 53

PYMNTS

AUGUST 13, 2020

” To Orr, fostering a thriving workforce means embracing modern HCM and payroll technologies that deliver quantifiable value to both the business and the employee. Payroll, as a component of the broader workforce management strategy, is well-positioned for a digital facelift. Turning Lemons Into Lemonade.

Payroll 111

Payroll On-Demand Legal Process 111

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

APRIL 6, 2020

BoA had no legal authority under the CARES Act to deny access, restrict or otherwise impede the access of small businesses to these critically important business-saving funds nor did BoA have the legal right or justification to make certain classes of small businesses go to the back of the line or be selectively denied access to the line at all.”.

Payroll 95

Payroll Small Business Legal Laws 95

PYMNTS

APRIL 24, 2018

A temp employee placed by staffing agency Balance Staffing to work for Tesla has reportedly filed a lawsuit, alleging Balance Staffing pressured workers to receive debit payroll cards instead of paychecks and claiming Tesla employees aren’t receiving overtime compensation or work breaks.

Payroll 46

Payroll Debit Card Laws Disputes 46

PYMNTS

OCTOBER 26, 2017

McDonald’s franchise owners in Pennsylvania have settled a lawsuit filed in 2015 over their use of payroll cards, news reports on Wednesday (Oct. Employees were forced to pay fees whenever they went to an ATM to withdraw funds from their payroll cards, as well as when they made online bill payments. and JPMorgan Chase Bank N.A.,

Payroll 46

Payroll Settlement Rules Debit Card 46

PYMNTS

SEPTEMBER 30, 2016

Weeks after New York state introduced new legislation aimed at protecting employees from excessive fees while using their payroll cards, a neighboring state is gearing up for its own laws targeted at the tool. 28) said Connecticut is preparing for a new statute to legalize payroll cards. Reports on Wednesday (Sept.

Payroll 46

Payroll ATM Checks Legal 46

PYMNTS

SEPTEMBER 9, 2020

Our goal is to enable companies to hire the best talent wherever they are, without having to worry about legal and financial complexities, creating a truly global workforce.”. “We’re challenging the notion that companies need to hire within their vicinity,” Deel Co-founder and CEO Alex Bouaziz said in the post.

Payroll 56

Payroll Ubiquitous Shutdown Compliance 56

PYMNTS

NOVEMBER 18, 2019

The company recently launched a new function in its time clock platform, connecting accountants and payroll providers to employee time-tracking data to prevent manual and double data entry. Payroll and accounting are “codependent functions,” Mathews recently told PYMNTS. A Changing Payroll Landscape. Technological Barriers.

Payroll 48

Payroll API Economy Accounts 48

PYMNTS

DECEMBER 15, 2017

The publication noted that while cyrptocurrency companies have been using bitcoin for payroll for some time, the move by GMO Internet Group suggests mainstream, traditional companies are starting to follow suit. Bitwage , for instance, is a company that provides payroll solutions for businesses to issue wages in bitcoin.

Payroll 46

Payroll Bitcoin Cryptocurrency CHIPS 46

PYMNTS

NOVEMBER 8, 2020

Among problems cited by the SBA, according to WSJ, were forged companies getting money; companies getting money even though their payrolls exceeded the 500-worker cap that applied in most instances; and companies getting money even though they were prohibited to do so because of pre-existing debts to the government. “The

Money Laundering 108

Money Laundering Payroll Treasury Financial Crimes 108

PYMNTS

SEPTEMBER 5, 2017

The legislation most watched by SMBs, Paychex found, ranges from payroll card rules to paid leave laws and healthcare reform. The source of those charges ranges from legal counseling to new training for HR and payroll employees to broader employee communication initiatives. at any given time,” she recently told PYMNTS. “The

Payroll 47

Payroll Compliance Legal Laws 47

PYMNTS

DECEMBER 20, 2017

So, if paychecks are confusing for employees, consider how much more complex they may seem to a small business (SMB) owner who has spent his or her entire professional life on the receiving end of payroll. Payroll itself is a pain point” for small businesses, he recently told PYMNTS. In the U.S. In the U.S. and Canada.”.

Real Time Payments 44

Real Time Payments Payroll Small Business ACH 44

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.

Payroll 43

Payroll Compliance Duplicate Faster Payments 43

PYMNTS

MAY 18, 2017

In the latest development in New York state’s debate over payroll card regulation, Department of Labor has reportedly appealed an earlier decision that invalidated and revoked earlier regulations on payroll cards issued by the Department. The regulations, it continued, overlapped bank regulations on payroll card fees.

Payroll 40

Payroll Regulations Rules Legal 40

PYMNTS

AUGUST 22, 2016

But for all of its potential, international staffing can cause headaches come payroll time. Whereas, in the EU, the majority of cross-border payroll is conducted via direct deposit, Lobo described the U.S.’s “We find they’re not paying or moving money in the proper currency or not even doing payroll properly.”

Payroll 41

Payroll Cross-Border Wire Transfer Wire 41

The Fintech Times

MAY 10, 2025

Previously at Gusto, he served as the companys chief product officer and was responsible for scaling Gustos product platform for payroll, benefits and HR. More appointments PayFuture, the payments platform connecting global businesses with emerging markets, has appointed Sanda Laicena as group chief legal officer.

FinTech 59

FinTech Legal Enrollments Non-Bank 59

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. Traditionally, a business will establish a legal entity in a new market to hire employees, and obtain a local bank account to pay them.

Cross-Border 40

Cross-Border Cross-Border Payments Payroll Micro-Entry 40

PYMNTS

SEPTEMBER 25, 2019

This bipartisan bill addresses a pressing public safety issue for businesses that legally grow, market or sell cannabis in states that have legalized its use and that are currently forced to operate with cash only. have legalized some form of marijuana, and it is time for Congress to act,” she said.

Legal 94

Legal Addressing Payroll Regulations 94

CB Insights

JANUARY 26, 2022

Massachusetts-based Globalization Partners enables businesses to hire talent across areas including finance, legal, and accounting to build remote teams. For Its Global Payroll Service Focused On Remote Employees. HOW’S THE COMPANY PERFORMING? In 2021, the company’s new customer acquisition increased 2.5x

Payroll 59

Payroll Legal Participant AI 59

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 40

Payroll Regulations Rules B2B 40

CB Insights

FEBRUARY 3, 2021

Technically, EORs become the legal employer for tax purposes, sparing the need for local incorporation and minimizing compliance risks. Often these EOR entities handle the administration of payroll and benefits, which vary country by country. Want the full post? Become a CB Insights customer.

Payroll 81

Payroll Legal Compliance Research 81

PYMNTS

JULY 31, 2018

Payroll cards are an important vehicle to ensure that employees — particularly those who are underbanked and unbanked — are able to efficiently receive their wages. Yet, the tool has also earned a controversial reputation, thanks to legal disputes and regulatory concerns over high fees that can come with certain payroll card products.

Payroll 41

Payroll Direct Deposit Checks Debit Card 41

PYMNTS

OCTOBER 2, 2020

has a new marketing executive, while payroll and employee benefits processor Gusto has launched “Gusto Wallet." Payroll Processor Debuts Gusto Wallet. The organization’s legal office has filed an application with the European Union Intellectual Property Office for the trademark.

Payroll 52

Payroll Commercial Card Card Issuer Central Bank 52

PYMNTS

DECEMBER 6, 2019

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. From Singapore to the U.K.,

On-Demand 53

On-Demand Payroll B2B FinTech 53

Fintech Review

APRIL 19, 2025

For instance, a payroll platform no longer just handles payslips. Vertical SaaS fintech targets specific industries such as construction, legal, healthcare, education, or logistics, with tailored workflows and financial services. Platforms are now designed around workflows, rather than standalone features. lies in vertical platforms.

Finance 94

Finance Embedded Finance FinTech Payment APIs and Integration 94

PYMNTS

MARCH 7, 2018

The company offers an all-in-one suite of human resources solutions, including payroll and employee management. In 2016, Justworks announced its entrance into the small business accounting and legal services space via collaborations with accounting and tax company inDinero and online legal services marketplace LawTrades.

Payroll 40

Payroll Security Legal Small Business 40

Stax

APRIL 10, 2025

You also need a payment services provider that supports your chosen payment methods, but that providers platform must integrate seamlessly with your existing CRM, ERP, payroll, CMS, and accounting software systems. Its a good fit for payroll processing and large bill payments between B2B businesses.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

PYMNTS

DECEMBER 28, 2020

The first is to actually house data in a digital format, which is vital considering the high volumes of paper involved in construction projects, especially in workflows like invoice processing and payments, as well as payroll. Centralizing this information creates a source of truth for everyone both within and outside of the enterprise.

Payroll 111

Payroll Facilitators Automation Volume 111

PYMNTS

OCTOBER 4, 2019

Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. New York is taking a closer look at the payroll technology space with the fallout from the collapse and scandal of MyPayrollHR. vendors to sell CBD items.

Payroll 49

Payroll PayPal Authentication Procedures 49

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. Analysis in 2015 from the National Consumer Law Center (NCLC) found that employees in Missouri and Kansas were hit hardest by payroll card fees imposed by issuers.

Payroll 66

Payroll Commercial Card Federal Trade Commission Wire Transfer 66

CB Insights

JULY 23, 2021

Capchase Expense Financing, its buy-now-pay-later platform, provides companies fixed installment payment options for its largest expenses such as legal fees, AWS hosting services, payroll, and recruitment. Capchase states that customers save 16% on an average in dilution and grow 53% faster.

Payroll 69

Payroll Acquirers Legal Research 69

Finovate

JUNE 16, 2025

The retailer would use the stablecoin for internal settlement, supply chain payments, employee payroll, and in-store consumer purchases. This will reduce development cost and time, eliminate legal requirements, and reduce operational costs. Walmart Walmart filed a patent for a USD-backed digital currency in 2019.

Stablecoins 40

Stablecoins Settlement Multi-Currency Cross-Border 40

PYMNTS

JANUARY 22, 2020

Edenred Grows Payroll Card Presence. In the United Arab Emirates (UAE), payments technology company Edenred is strengthening its position in the payroll card market. The company recently announced the acquisition of the Mint UAE payroll card portfolio for an undisclosed sum. NY Labor Department Secures Payroll Card Win.

Commercial Card 52

Commercial Card Payroll B2B Small Business 52