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March 30, 2022

On the wires

Citizens Program Enables Corporate Clients to Offer Employees Early Access to Earned Wages

“Citizens today announced a solution that enables corporate clients to give employees on-demand access to their earned pay, along with financial health tools designed to help them feel more financially secure…The Citizens solution funds the earned wages and then is reimbursed by companies during the traditional payroll cycle, which means employers can use it at no additional cost and with no impact to their working capital. Earned Wage Access connects with nearly all major enterprise human resource information and payroll systems, creating a seamless process that can be up and running in as little as 30 days.”

March 29, 2022

On the wires

Papaya Global to Acquire Digital Cross-Border Payments Service Azimo, Making Payments Instant and Unbound by Geography

Papaya Global , the global people management platform for the remote working era, announced today that it has agreed to acquire Azimo , the global digital cross-border payments service, making it possible to pay employees almost instantly regardless of geography and typical payroll limitations. The acquisition of Azimo will significantly expand Papaya’s capabilities in payroll payments and strengthen its promise to help companies smoothly manage their remote workforce from onboarding to payments.”

February 24, 2022

On the web

FlexWage Wins Favorable California Ruling

Payments Dive

“On-demand pay company FlexWage Solutions logged a regulatory win this month when a California regulator ruled it isn’t required to have certain licenses to offer its early access to pay services in the state. FlexWage said in a press release Wednesday that it’s the only operator in the field that has received such a legal opinion from California’s Department of Financial Protection and Innovation. The Scottsdale, Arizona-based company requested the ruling last year.”

February 8, 2022

On the wires

Deluxe Announces Integration With Q2 Holdings’ Digital Banking Platform

“Deluxe (NYSE:DLX), a Trusted Payments and Business Technologyâ„¢ company, today announced its integration with Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending. Through this integration, Deluxe will offer HR & Payroll Solutions within Q2’s Partner Marketplace Program, enabling financial institutions to seamlessly provide these solutions to their clients, while generating recurring revenue and increasing customer retention.”

August 11, 2021

On the web

Gusto Secures A $10 Billion Valuation Tailwind As Its HR Software Sails Toward IPO

Forbes

“Now Gusto is aiming to leverage its growth to prepare for an initial public offering. Reeves tells Forbes that Gusto closed on a $175 million funding round in recent weeks, minting the company with a new $9.5 billion valuation and making it one of the most valuable private companies in the HR and payroll software space. Led by T. Rowe Price, Gusto’s existing investors also joined the round, including Fidelity, Franklin Templeton, Generation and General Catalyst.”

June 30, 2021

On the web

Gusto Is Now Offering Pieces of Its Service to Other Companies Via API

TechCrunch

“This morning Gusto , a unicorn that sells payroll and benefits management software, announced that it will now offer part of its service via an API to external platforms. The new product, dubbed Gusto Embedded Payroll, will allow vertical SaaS companies to provide payroll support to their own customers. The move to provide elements of its service through other firms’ offerings could bolster Gusto’s growth rate; for partner platforms the ability to provide payroll services may make their overall offering more attractive to small businesses.”

August 27, 2019

On the wires

QuickBooks Simplifies Health Insurance for Small Business Owners

“Intuit Inc. announced today that customers of QuickBooks Online Payroll , the number one payroll provider for small businesses, can now take care of their employees with easy and affordable medical, dental and vision benefits right from within QuickBooks. This is just the latest example of how Intuit’s technology-driven Payroll solution leverages the power of the QuickBooks platform and helps businesses better manage their most valuable resources – the humans that make their business work. Today, one in twelve American workers are paid through QuickBooks Payroll, with $185B payroll payments processed annually. “”

May 22, 2019

On the wires

ADP Expands Instant Pay and Financial Wellness Solutions With Launch of Wisely Now and the MyWisely App

“ADP’s latest payment solutions expand employers’ payroll capabilities and place financial wellness tools directly in the hands of employees.  Wisely Nowâ„¢, the latest offering from Wisely by ADPâ„¢, enhances the availability of instant pay while providing key employer protections.  Additionally, myWiselyâ„¢, the companion mobile application for Wisely by ADP, empowers employees with new tools for financial wellness.”

March 21, 2019

On the web

Branch Rolls Out Nationwide Pay Access for Hourly Workers

Mobile Payments Today

“Branch, a mobile platform that gives hourly workers advance access to their earnings, said it will roll out the service nationwide beyond its existing base of enterprise customers. The service, previously known as Branch Messenger, had an existing waitlist of 35,000 at major companies ranging from Dunkin Donuts, Target and Taco Bell.”

September 6, 2018

On the wires

Kronos Payroll Rapidly Growing as More Organizations Tap Kronos to Simplify Human Capital Management

“With one month remaining, Kronos Incorporated today announced Fiscal 2018 is the most successful year yet for Kronos Payroll. Organizations of all sizes and across all industries are reducing payroll complexity while improving payroll accuracy and efficiency with Kronos human capital management (HCM) cloud solutions. By unifying HR, payroll, talent, and timekeeping into a single solution, organizations are empowered to spend less time managing processes and more time engaging their workforce.”

May 15, 2018

On the wires

May 2, 2018

On the wires

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