October 15, 2020
Payroll is an old use case in payments, and one that is increasingly being rethought with the arrival of the gig economy. More broadly, not only is payroll changing, but so is the entire income domain. This domain includes all forms of B2C and G2C payments made to individuals for all purposes. It includes payroll, pension payments, retirement disbursals, and government benefits. How is this domain structured? What are the key trends? And what are the unique requirements associated with handling income payments?
Payments mix in income payments, lifecycle of payroll processing, key income payments trends, payments in the gig economy and early wage access, and cross-border income payments. Companies discussed include ADP, Paychecx, Pinwheel, Even, DailyPay, Branch, and Payoneer.
To understand the key payments characteristics of the income domain, how new innovations are changing the market, and how emerging income alternatives might someday change how we all get paid.
Russ brings exceptional skills in payments industry analysis, strategy development, and product conceptualization - as well as 35 years as an executive, analyst, and consultant - to Glenbrook clients from across the payments value chain.
Nicole consults on fintech and payments engagements that blend her product management, marketing, and consulting expertise. Challenger banks, faster payments, payment facilitation, and alternative lending are focus areas.
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