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...
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...
One out of four people in France find themselves in overdraft every month, generating about €7 billion ($7.6 billion) in bank overdraft fees, said Louis Ajacques, co-founder at French HRTech firm Spayr. This situation, he added, is very common because advance salary payment, although a...
Santander Bank N.A. has partnered with DailyPay to offer an on-demand pay benefit. With this collaboration, Santander’s Commercial Banking clients in the United States can provide their employees with immediate access to their pay as they earn it, Santander Commercial Banking said in a Wednesday (April...
April 20, 2023
One out of four people in France find themselves in overdraft every month, generating about €7 billion ($7.6 billion) in bank overdraft fees, said Louis Ajacques, co-founder at French HRTech firm Spayr. This situation, he added, is very common because advance salary payment, although a right enshrined in the French labor code, is rarely used […]
November 11, 2022
Fifty-five percent of consumers say their pay is falling behind in the race against inflation. Amid consumer anxiety about the rising cost of living, employees say they want more from...
August 21, 2024
Human capital management software company Paychex has debuted an employee benefits marketplace. Paychex Flex Perks, announced Wednesday (Aug. 21), offers products including early access to earned wages, financial wellness solutions, and voluntary lifestyle benefits for the employees of Paychex clients. The marketplace is integrated directly into Paychex Flex, the company’s cloud-based software-as-a-service (SaaS) solution, letting […]
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...
April 19, 2023
Santander Bank N.A. has partnered with DailyPay to offer an on-demand pay benefit. With this collaboration, Santander’s Commercial Banking clients in the United States can provide their employees with immediate access...
