Dailypay news and trends

DailyPay COO Stacy Greiner to Serve as Interim CEO
Personnel // May 28, 2024

DailyPay CEO Kevin Coop will step down from that position to pursue other endeavors and serve as a board advisor for the company. The WorkTech firm’s chief operating officer (COO), Stacy Greiner, will succeed Coop and serve as interim CEO, effective June 1, DailyPay said...

How CFOs Leverage Data to Play Both Offense and Defense
CFO // May 28, 2024

Where you spend your money, there’s your business strategy.  And that’s large part why the role of the chief financial officer (CFO) has undergone a transformation in recent years, expanding beyond traditional finance functions to become a driver of strategy and value creation within organizations. “The CFO role...

Wisconsin Law Fuels Ongoing Earned Wage Access Debate 
Payroll // March 28, 2024

Gone are the days when financially constrained employees had to wait for the conventional two-week pay cycle to receive their wages.  Nowadays, earned wage access (EWA), also referred to as early, instant, or on-demand pay, is rapidly gaining popularity, granting employees access to their earned wages before their...

Duke University Program Highlights Growing Popularity of On-Demand Pay
Payroll // March 21, 2024

Gone are the days when employees were content with waiting for the standard pay cycle to receive their hard-earned wages.  Today’s workforce, whether grappling with the uncertainties of living paycheck to paycheck or navigating the gig economy, craves more flexibility and immediate access to their earnings, especially in...

Interviews & Exclusives
How CFOs Leverage Data to Play Both Offense and Defense

May 28, 2024
Where you spend your money, there’s your business strategy.  And that’s large part why the role of the chief financial officer (CFO) has undergone a transformation in recent years, expanding beyond traditional finance functions to become a driver of strategy and value creation within organizations. “The CFO role gives you the chance to combine finance and strategy and […]

What The MyPayrollHR Debacle Says About Payroll’s Future

September 16, 2019
Perhaps everyone’s worst nightmare came true for 250,000 employees of 4,000-5,000 small businesses over Labor Day weekend: Payday came, and paychecks didn’t. In fact, it was much worse. In some cases,...

Why Making Payroll Faster Slows Employee Churn

July 18, 2018
Even in the best of times, turnover wastes employers’ time and money, and the problem only gets worse with low unemployment. But what if one could combine digital technology, payment...

Financial Wellness, For Employees, And Their Employers Too

April 26, 2017
Turnover in certain industries — think fast food firms and cleaning services — can reach a few hundred percent annually. And that can cost firms thousands of dollars per (new) employee. What...

Quick Reads
Definitive Healthcare Names DailyPay’s Kevin Coop as CEO

May 28, 2024
Healthcare commercial intelligence provider Definitive Healthcare has a new chief executive. Kevin Coop, most recently the CEO of earned wage access company DailyPay, was announced as Definitive’s new CEO Tuesday (May 28) in a news release. He is due to take the job June 24, succeeding Jason Krantz, the company’s founder and executive chairman, who […]

DailyPay COO Stacy Greiner to Serve as Interim CEO

May 28, 2024
DailyPay CEO Kevin Coop will step down from that position to pursue other endeavors and serve as a board advisor for the company. The WorkTech firm’s chief operating officer (COO),...

DailyPay Adds Visa+ to Facilitate Person-to-Person Payments

March 06, 2024
DailyPay has joined forces with Visa+ to offer millions of its users a more interoperable and efficient means to manage their earnings. For DailyPay users, the integration of Visa+ into...

DailyPay Raises $175 Million to Expand On-Demand Pay Platform

January 18, 2024
On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes a $75 million equity round...