Payroll 2/page/2 news and trends

Intuit Rolls Out Product Suite for Mid-Market Businesses
B2B Payments // September 17, 2024

TurboTax maker Intuit debuted a new product suite for mid-market businesses. Intuit Enterprise Suite is designed to serve an $89 billion total addressable market of larger, mid-market businesses whose needs become more complex as they scale, according to a Tuesday (Sept. 17) press release. “As...

Gusto Opens Waitlist for AI Assistant for Small Business Owners
Artificial Intelligence // September 11, 2024

Gusto will soon add an artificial intelligence-powered assistant called Gus to the human resources (HR), payroll, benefits and compliance platform and products it offers for small business owners. The company opened a waitlist and said it will make the AI assistant available to customers and...

Finally Raises $200 Million to Bolster Small Business Finance Suite
Investments // September 09, 2024

Finance and human resources suite finally has raised $200 million in new funding. The financing, a $50 million Series B from PeakSpan Capital and $150 million credit facility from Encina, will help the company bolster its small and medium-sized business (SMB)-focused offering, according to a Monday (Sept....

DailyPay Rebrands Card as Workers Seek On-Demand Pay
Payroll // September 09, 2024

Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and come with added capabilities to the company’s suite of money movement services. The card “will...

Interviews & Exclusives
Earned Wage Access Debate Set to Heat Up Between FinTechs and Regulators

February 09, 2024
The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months. In a Feb. 7 letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, the American Fintech Council urged that a meeting be set up with “relevant stakeholders” to have […]

All Else Equal, 75% of Millennials Would Favor Jobs Offering Instant Payroll

July 13, 2023
Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these paychecks can have massive detrimental...

US Employees Unlock Trapped PTO Value With On-Demand Cash Advance Solution

June 20, 2023
In the United States, an average employee has over $3,000 in unused paid time off (PTO) at any given moment, with over $318 billion annually in unused PTO being rolled...

42.5% of Organizations Hiring Cross-Border Have Much Friction Paying International Workers

June 14, 2023
When hiring and paying workers cross-border, companies can face payment hurdles and other barriers making the process more difficult, often requiring the use of specialized global payment platforms to get...

Quick Reads
Intuit Rolls Out Product Suite for Mid-Market Businesses

September 17, 2024
TurboTax maker Intuit debuted a new product suite for mid-market businesses. Intuit Enterprise Suite is designed to serve an $89 billion total addressable market of larger, mid-market businesses whose needs become more complex as they scale, according to a Tuesday (Sept. 17) press release. “As businesses grow, so does the complexity of running their business,” […]

Gusto Opens Waitlist for AI Assistant for Small Business Owners

September 11, 2024
Gusto will soon add an artificial intelligence-powered assistant called Gus to the human resources (HR), payroll, benefits and compliance platform and products it offers for small business owners. The company...

Finally Raises $200 Million to Bolster Small Business Finance Suite

September 09, 2024
Finance and human resources suite finally has raised $200 million in new funding. The financing, a $50 million Series B from PeakSpan Capital and $150 million credit facility from Encina, will help...

DailyPay Rebrands Card as Workers Seek On-Demand Pay

September 09, 2024
Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and...