At a time when the pandemic has fueled a surge in creative corporate payment solutions, American Express has revamped its Early Pay supply chain solution to allow large companies and their suppliers to choose when they will pay or get paid. Daniel Brachfeld, Amex’s general...
Regulators are taking a closer look at financial apps that allow workers to access their pay early. The apps claim they are more affordable — and safer — alternatives for Americans who live paycheck to paycheck, according to The Wall Street Journal. But regulators from...
December 07, 2020
At a time when the pandemic has fueled a surge in creative corporate payment solutions, American Express has revamped its Early Pay supply chain solution to allow large companies and their suppliers to choose when they will pay or get paid. Daniel Brachfeld, Amex’s general manager of supply chain solutions, told PYMNTS CEO Karen Webster […]
April 15, 2024
Wilmington, Delaware-based WSFS Bank has launched a new offering that lets customers receive eligible direct deposits from employers and recurring government benefits up to two days early. There are no costs or fees associated with this new Early Pay offering, the bank serving the Greater Philadelphia and Delaware region said in a Monday (April 15) press release. “Our customers’ needs […]
September 02, 2019
Regulators are taking a closer look at financial apps that allow workers to access their pay early. The apps claim they are more affordable — and safer — alternatives for...
