PYMNTS

MAY 12, 2020

On that list of well understood shortcomings is employee payroll, Ceridian Chairman and CEO David Ossip told Karen Webster in a recent conversation, and the speed and accuracy at which the money people earn is made available for them to spend. Breaking Out Of Payroll’s Past. It’s also given innovators a renewed impetus to improve them.

Payroll 108

Payroll On-Demand Direct Deposit Process 108

PYMNTS

DECEMBER 12, 2019

The company behind QuickBooks , Intuit , announced it is releasing an expanded suite of online payroll offerings to help small to medium-sized businesses (SMBs) automate payroll and tax filing, according to a press release. hours each pay period preparing, calculating and filing payroll taxes,” Intuit said. “By

Payroll 71

Payroll Direct Deposit Small Business Automation 71

CB Insights

OCTOBER 15, 2021

Atomic , a payroll API provider, has raised $22M in a Series A. Utah-based Atomic’s payroll APIs connect payroll accounts to third-party apps in order to streamline direct deposit switching and employment/income verification for users. How’s the company performing? Want the full post?

Payroll 78

Payroll API Direct Deposit Verification 78

Fintech Finance

AUGUST 19, 2024

PayPal has teamed up with UKG , a leading provider of HR, payroll, workforce management, and culture solutions, to give U.S. employees whose pay is processed through UKG Pro the ability to easily set up PayPal Direct Deposit through their employer’s payroll portal. The PayPal experience will walk you through set up.

Payroll 52

Payroll PayPal Direct Deposit Payment APIs and Integration 52

Nanonets

APRIL 30, 2024

Businesses increasingly lean on outside contractor support for many operational functions as payroll costs balloon and global talent pools become increasingly accessible. QuickBooks offers a range of contractor payment options, but the base QuickBooks Online platform lets users quickly pay contractors via direct deposit and check.

Direct Deposit 98

Direct Deposit Payroll Checks Cross-Border 98

PYMNTS

AUGUST 13, 2019

Amid the growing list of cybersecurity concerns businesses must keep on top of, payroll is a growing target for attackers both inside and outside the enterprise. The latest cases of payroll-related cyber incidents reveal the vulnerabilities of the financial process of compensating employees.

Payroll 60

Payroll Direct Deposit Phishing Cybersecurity 60

The Paypers

APRIL 13, 2022

Australia-based banking super app Douugh has partnered with income and payroll connectivity API provider Pinwheel to facilitate automatic direct deposit switching for its US customers.

Payroll 69

Payroll Direct Deposit Facilitators API 69

Payments Source

MAY 31, 2018

Intuit has added new features to QuickBooks Payroll so employers can make payroll at the last minute, delivering same-day paychecks to workers with the option to make direct deposits to contract employees.

Payroll 65

Payroll Direct Deposit Faster Payments ACH 65

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. has only a minimal reliance on paper paychecks, with direct deposit via the nation’s Bacs payment service commonplace. Speeding Up Wages.

Payroll 74

Payroll Faster Payments Cross-Border Innovation 74

PYMNTS

FEBRUARY 22, 2019

Internal Revenue Service (IRS) said that ahead of tax season, preparers and other victims received requests to change direct deposit activity. According to the disclosure via the state attorney general (AG), and as reported by Clarion Ledger , state agency HR departments are being approached and asked to submit direct deposit forms.

Direct Deposit 54

Direct Deposit Scams IRS Business Email Compromise 54

PYMNTS

NOVEMBER 26, 2020

The traditional payroll cycle has been entrenched for employees and employers for decades, running on familiar rails and with well-known frictions. Sticking with established weekly or biweekly payroll schedules is out of the question for many entities that are now seeking alternative ways to manage these processes.

Payroll 75

Payroll Real Time Payments P2P Payments 75

PYMNTS

FEBRUARY 27, 2020

consumers frequently want to make recurring payments via direct debit, but few domestic businesses accept that method, according to a recent report. Banks can help change the tide by joining direct deposit payment rails and offering services specially designed for SMB clients. Download the Tracker to read the Deep Dive.

Payroll 56

Payroll Direct Deposit Debit Card Social Security 56

PYMNTS

NOVEMBER 9, 2018

Like the rest of the financial services market, payroll is participating in the anti-paper movement. The biggest impact of this shift is businesses’ decision to embrace direct deposit over paper paychecks, a trend that took off and led to nearly 94 percent of employees being paid this way, according to the American Payroll Association.

Payroll 55

Payroll Direct Deposit On-Demand Value Added Service 55

PYMNTS

JANUARY 21, 2020

The payroll has not seen much disruption since the introduction of direct deposit to accelerate workers’ access to earned wages. The company is the latest payroll solution provider to introduce such a feature as demand for faster access to earned wages heats up. Employers Test the Waters.

Payroll 68

Payroll Economy On-Demand Direct Deposit 68

Finextra

AUGUST 19, 2024

PayPal has teamed up with UKG, a leading provider of HR, payroll, workforce management, and culture solutions, to give U.S. employees whose pay is processed through UKG Pro the ability to easily set up PayPal Direct Deposit through their employer’s payroll portal.

Payroll 52

Payroll PayPal Direct Deposit Process 52

PYMNTS

DECEMBER 11, 2018

” Unlike salaried or hourly workers on a traditional payroll, freelancers often act more like a B2B vendors than employees when it comes to getting paid. Employers that receive those invoices can click a button on the bill to pay via an array of rails, including ACH and SEPA direct deposit transactions.

Payroll 71

Payroll Cross-Border Cross-Border Payments Direct Deposit 71

PYMNTS

JUNE 1, 2018

QuickBooks on Thursday (May 31) said it is now offering “Contractor Direct Deposit” as a new feature in QuickBooks Payroll. The tool supports businesses “who want to pay their independent contractors the same convenient way they pay their employees – via direct deposit,” the company said in a press release.

Direct Deposit 40

Direct Deposit B2B IRS Payroll 40

PYMNTS

JULY 17, 2020

JoAnn Kintzel , CEO of Procare Solutions , a company that develops technology for childcare center back offices, recently told PYMNTS that the sector has an opportunity to accelerate modernization, particularly when it comes to payroll. A Remote Environment. The challenge of remote working is not easily overcome when it comes to childcare.

Payroll 64

Payroll Direct Deposit Automation Contactless Payments 64

PYMNTS

MARCH 18, 2019

In the payroll function, APIs have elevated executives’ focus on the role payroll data plays in promoting automation, talent retention and even enterprise security, said Inova Payroll President and CEO Farsheed Ferdowsi. “Our industry used to be payroll, tax filing and direct deposit.

Payroll 64

Payroll API Payment APIs and Integration Data Breach 64

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

FEBRUARY 28, 2020

Younger, more tech-savvy generations are rising into the workforce, and companies that only offer biweekly paychecks or direct deposits will not stand out when trying to recruit. Doing away with employers’ and payroll providers’ traditional biweekly pay structures is easier said than done, however. Speed of Disbursements.

Payroll 52

Payroll Direct Deposit On-Demand Checks 52

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 52

Payroll Direct Deposit ATM Checks 52

The Paypers

OCTOBER 16, 2023

Papaya Global , a global workforce management solutions provider, has introduced a new tool enabling customers to direct deposit payroll payments.

Direct Deposit 36

Direct Deposit Payroll Payments 36

The Paypers

DECEMBER 14, 2022

US-based fintech Galileo has partnered payroll connectivity provider Atomic to launch a direct deposit feature that enables banks and fintechs to expand financial access to consumers.

Direct Deposit 36

Direct Deposit Payroll FinTech Consumer 36

PYMNTS

JULY 8, 2019

In a move that extends payroll card portfolios to serve small and medium-sized businesses (SMBs), global business payments company FLEETCOR Technologies, Inc. has acquired payroll card provider SOLE Financial. In addition, SOLE has built an extensive ‘referral network’ among payroll processors and PEO firms, that we hope to extend.”.

Payroll 55

Payroll Advisors Direct Deposit Financial Inclusion 55

The Paypers

SEPTEMBER 1, 2023

Alkami has partnered with Atomic to offer a direct deposit switch solution to US-based financial institutions, enabling account holders with seamless payroll account connections.

Direct Deposit 41

Direct Deposit Payroll Accounts 41

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. One of the biggest barriers to payroll innovation in recent decades has been the process’s reliance on ACH.

Payroll 62

Payroll ACH Same Day ACH Innovation 62

Stax

APRIL 23, 2024

TL;DR Nearly 93% of Americans receive payments through direct deposit; Automated Clearing House makes it simpler for employers to manage funds without handing out physical checks or dealing with pesky extra fees. Many small businesses choose ACH operators because they are more convenient than most direct deposits.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

NOVEMBER 14, 2018

The payroll industry — and its biweekly or monthly pay schedule — hasn’t changed in decades. ” On-demand payroll is not entirely new, but recent revelations in the pitfalls of payday lending and overdraft fees have opened up a broader market for this kind of payroll solution.

On-Demand 58

On-Demand Payroll Consumer Financial Protection Bureau (CFPB) Real Time Payments 58

PYMNTS

NOVEMBER 19, 2020

Getting paid monthly used to be more common than bi-weekly, and direct deposit has largely supplanted physical paychecks in most places. It’s an idea that has the power to change the payments parameters in the entire payroll industry. Human resources and payroll platform Ceridian also offers an EWA solution.

Payroll 67

Payroll PayPal On-Demand Direct Deposit 67

PYMNTS

JUNE 29, 2020

A central theme running through PYMNTS’ June 2020 Next-Gen Payroll Tracker® , done in collaboration with ADP® , is the work being done to nix traditional payday for more responsiveness in payroll – and the positive outcomes that increasingly ensue. Five Generations of Workers, One Breakthrough.

Payroll 52

Payroll Direct Deposit Alternative Payment Methods Checks 52

PYMNTS

SEPTEMBER 16, 2019

So now, the investigation deepens and broadens, with payroll fraud under the microscope. Direct deposit company Cachet Financial Services , which handles direct deposit transactions, said that $26 million was diverted to MyPayrollHR accounts.

FBI 69

FBI Direct Deposit Wire Transfer Payroll 69

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

JULY 14, 2016

Legislation currently pending in New York state could snarl direct deposit and ease of employee payments, as workers may have to “recommit” to having paychecks sent into existing bank accounts. workers get their payments through direct deposit.

Payroll 40

Payroll Direct Deposit Rules Checks 40

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 78

Payroll Direct Deposit Push-to-Card Debit Card 78

Fintech Finance

DECEMBER 9, 2024

This new prepaid card program empowers users with various solutions, including payroll, travel expenses, government payments, and more, while also providing branding opportunities by placing logos on prepaid cards. .” The collaboration with FIS leverages its extensive experience in the prepaid industry, having processed more than 21.1

Innovation 105

Innovation FedWire FedNow Direct Deposit 105

PYMNTS

NOVEMBER 14, 2019

Such is a standard that is making its way to the payroll space. Employees want to be paid on time, accurately, and without any additional administrative burden, requirements that have made direct deposits and other electronic payroll methods popular choices over the paper payroll check.

Payroll 50

Payroll Faster Payments Cross-Border Payments 50