2023 Direct Deposit Junk Fees 
Innovative Payments Association
JANUARY 10, 2024
Comments were due by December 29, 2023. As Ron Shevlin, the Chief Research Officer at Cornerstone Advisors, noted in a Forbes Column that six out 10 consumers who opened a checking account in 2022 and 2023 say they have more than one checking account. So, it is not as though open banking regulations will give people more choices.
Tearsheet
MARCH 27, 2024
View the case study While the historical arrangement of paying employees bi-weekly remains the norm, around 20% of employers have veered toward a more flexible approach by introducing Earned Wage Access [EWA] as of 2023 in anticipation of increased employee satisfaction and better retention rates. Take, for example, DailyPay.
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