Tagged: dailypay

Cross-Border Payments: International Remittance Capability Introduced by DailyPay

DailyPay, a worktech company, is expanding globally in more ways than one. DailyPay stated that it now focused on broadening the reach of its platform by adding a new feature: International Remittances. The International Remittances feature will enable DailyPay users to send funds at the… Read More

Earned Wage Access Fintech DailyPay Reportedly Secures Additional $100 Million Credit Commitment from Citi

DailyPay, Inc., a worktech company and provider of earned wage access, today announced it has secured an additional $100 million commitment to its secured credit facility capacity from Citi. The commitment doubles Citi’s commitment from $100 million to $200 million. DailyPay‘s total revolving secured debt… Read More

Earned Wage Access Fintech DailyPay Teams Up with Montage International

DailyPay is pleased to announce a new partnership with Montage International, the ultra-luxury hospitality management company headquartered in Southern California. DailyPay is a worktech company and the “provider of earned wage access in support of its partner employees’ financial wellness.” With DailyPay, Montage International team… Read More

DailyPay Research: Inflation Continues to Have Negative Impact on Finances of Hourly Wage Earners

Even with inflation cooling, members of the American workforce are feeling the impact of the steady rise in prices for goods and services, with many of the youngest workers experiencing financial vulnerability. New research commissioned by DailyPay and the American Savings Education Council and conducted… Read More

Verge Mobile Marks Five Year Partnership with Worktech DailyPay, an Earned Wage Access Provider

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Verge Mobile, a T-Mobile partner, marks five years of partnership with DailyPay – a worktech company and provider of earned wage access. Dedicated to providing its employees with the best workplace experience, Verge Mobile had reportedly “implemented DailyPay’s financial wellness benefit in August 2019.” Operating… Read More

Earned Wage Access Ranks as Critical Component of Employers’ Financial Wellness Benefits Offering – DailyPay Research

As inflation remains stubbornly high, research shows millions of working Americans still live paycheck to paycheck, with little or no money to adequately save for the future or cover an untimely expense. Fortunately, many employers are “embracing new high-impact financial wellness benefits to help team… Read More

Jared DeMatteis, Chief Legal and Strategy Officer at DailyPay, Responds to CFPB’s Proposed Interpretive Rule

Jared DeMatteis, Chief Legal & Strategy Officer, DailyPay has issued a statemenet regarding the CFPB Proposed Interpretive Rule. Jared DeMatteis, Chief Legal & Strategy Officer, DailyPay said: “We strongly disagree with the CFPB’s proposed interpretive rule. Characterizing employer-integrated Earned Wage Access products as loans or… Read More

Fintech DailyPay and Carahsoft to Bring Earned Wage Access Platform to Public Sector

DailyPay, a Worktech company in the earned wage access (EWA) sector, and Carahsoft Technology Corp., a government IT Solutions Provider, announced a partnership to bring earned wage access to the Public Sector. Under the agreement, Carahsoft will serve “as DailyPay’s Master Government Aggregator, making the… Read More

Earned Wage Access: Retail Merchandising Servicing Marks One Year with DailyPay, Providing Workers with EWA Benefits

Retail Merchandising Servicing (RMS), a retail merchandising provider, celebrates one year with DailyPay–a worktech company and leader in earned wage access (EWA) to empower employees with choice and control over their pay. Headquartered in Brooklyn Park, Minnesota, RMS is said to be a preferred partner… Read More

Earned Wage Access Fintech DailyPay Receives Level 2 Certification based on Security Requirements of TX-RAMP

DailyPay, a worktech company, announced that its industry-leading earned wage access solution that supports the financial wellness of millions of workers nationwide has received Level 2 Certification based on the security requirements of the Texas Risk and Authorization Management Program (TX-RAMP). As part of the… Read More

Fintech DailyPay Research Report: Majority of Educators in the US Are Stressed About Finances

The majority (61%) of teachers in the U.S. are stressed about their finances, with many either getting a second job or considering leaving their job for one that pays more, according to new research from DailyPay conducted by The Harris Poll. The new data reveals… Read More

DailyPay Adds Brett Pitts to Board

DailyPay, a leading provider of earned wage access, this week announced that Brett Pitts has joined its board of directors. Pitts, an accomplished leader in the banking and payments industries, brings decades of experience to DailyPay from prominent financial institutions and financial services companies where he drove… Read More

Earned Wage Access Fintech DailyPay Teams Up with AmeriBest Home Care

AmeriBest Home Care, a Philadelphia-based home care business, has partnered with DailyPay – a worktech company and leader in earned wage access. Bob Kane, AmeriBest’s Chief Operating Officer, said: “At AmeriBest, providing exceptional care to our clients is paramount. We accomplish that with an exceptional… Read More

Earned Wage Access Fintech DailyPay Survey: Gen Z Hourly Workers Increasingly Prefer On-Demand Pay Options

Most Gen Z hourly workers are fond of their current job, with 73% citing they like or love it according to a recent survey conducted online by The Harris Poll, commissioned by DailyPay. Still, their financial security is the driving force “for getting the majority… Read More

Fintech DailyPay, a Launching Partner for Visa+, Announces New Service for Clients in the US

DailyPay, a launching partner for Visa+, announced that the innovative new service is available to DailyPay’s millions of users nationwide. Launched in late 2023, the mission of Visa+ is to create “an interoperable future, where paying across services is as seamless as using any one… Read More

Fintech DailyPay, the On-Demand Pay Solution, Teams Up with HealthCARE of Iowa

HealthCARE of Iowa, a professional consulting partner with over 80 years of combined experience in providing consulting services for Senior Living environments, has partnered with DailyPay – the on-demand pay solution. Through this partnership, HealthCARE of Iowa is “modernizing its benefits offerings by providing the… Read More

Fintech Firm DailyPay Selects Northern Ireland for Expansion Outside the United States

DailyPay has chosen Northern Ireland for its expansion outside the United States in a key investment that is reportedly creating 293 new roles. The Fintech claims it is an industry leader focused on on-demand pay technology that empowers workers with greater choice and more control/flexibility… Read More

Salary On-Demand Firm DailyPay Secures $175m in Funding

DailyPay, an earned wage access fintech company, announced that it is raising $175 million in its latest funding round that will help fuel its planned business expansion. This funding is composed of a $100 million expansion of its secured credit facility from Citi and more… Read More

Earned Wage Access Fintech DailyPay Research: Employees Are More Productive When They Have Financial Wellness Benefits

New research recently shared by Fintech firm DailyPay with CI reportedly demonstrates the positive impact the firm’s products can “have for employers, many of whom are still challenged with a tight labor market.” According to the study commissioned by DailyPay, the earned wage access Fintech,… Read More

Healthcare Workers Leveraging Financial Wellness Benefits Reduce Credit Card Debt, Pay Fewer Late Fees – Research Claims

A research study recently revealed that healthcare workers who leverage the financial wellness benefit of DailyPay offered by their employer, “reduce their credit card debt, pay fewer late fees on bills, use payday loans less often and pay fewer overdraft fees.” The majority of healthcare… Read More

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