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Deep Dive: Adapting Worker Payments To The On-Demand Era

PYMNTS

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Various compensation alternatives have recently emerged that are more aligned with workers’ on-demand expectations. On-Demand Pay And The Gig Economy .

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Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving

PYMNTS

million households lacked access to bank accounts as of 2019. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009. Both businesses and consumers are still attempting to deal with the financial hardships brought on by the ongoing pandemic. In the U.S.,

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IRS $1,200 Stimulus: Why Your Check Is Not In The Mail

PYMNTS

This may occur for a variety of reasons, for example, if you didn’t file either a 2018 or 2019 tax return or you recently filed and the return has not been fully processed.”. By contrast, among the first to receive payouts on April 15 were taxpayers who e-filed their 2018 or 2019 returns and had given the agency direct deposit information.

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Amazon’s Prime Day Tentatively Set For Week Of Oct. 5

PYMNTS

These can include not just work to get popular products to Amazon centers in time for sales-day demand, but also the need to focus on products that are in high demand due to COVID-19. Per published reports, analysts estimated that Amazon’s 2019 Prime Day sales were up 53 percent from 2018.

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US Consumers Pay Down $10B In Credit Card Debt In Q3

PYMNTS

Credit inquiries over the past six months — a sign of credit demand — was down slightly to 122 million. percent in 2019. percent in 2019. This follows a record $76 billion drop in Q2 credit card debt, as people used COVID-19 stimulus money and pandemic unemployment to pay down financial obligations. percent increase over Q2.

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Petco Aims At $4 Billion Valuation In IPO

PYMNTS

billion in 2019, with 66 percent of that number used to pay for pet food. The number of households with pets went up 4 percent in 2020 alone, PYMNTS reported, and new pet owners account for around $4 billion in new demands for items like food and accessories. In 2019, Petco saw its shares go up 9 percent and hit $3.58

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Tonal Seeks More Funding To Produce $3K Home Workout Stations

PYMNTS

Discussions are taking place with Connecticut-based L Catterton, which was a key player in Tonal’s $45 million venture capital funding round in 2019. He added that the company’s mission is to “create the first truly personalized fitness concept by delivering smart on-demand video guidance, actionable data and real-time feedback.”.