Banking Fintech News

XTM to Roll out the AnyDay Earned Wage Access Solution Across Canada

XTM to Roll out the AnyDay Earned Wage Access Solution Across Canada

In April 2022 AnyDay became the only global Earned Wage Access provider certified by SAP for their Success Factors and WorkForce software system

XTM Inc., a Miami and Toronto-based Fintech creator of payment innovations and mobile solutions specifically geared towards service industries including hospitality, personal care and other service providers announced it will be rolling out the QRails AnyDay solution across Canada.

“It is gratifying to see our roadmap coming to realization”

Further to the announcement on June 15, 2023 “XTM SIGNS DEFINITIVE AGREEMENT TO ACQUIRE ISSUER, PROCESSOR, CERTIFIED EWA PROVIDER- QRAILS, ” the combined entities will leverage their direct payroll integrations to enable clients with employees in Canada and the US to deliver a unified EWA solution. By leveraging XTM’s existing banking partners in Canada and migrating to QRails’ issuing and direct Mastercard processing platform, the Company is about to turn up large organizations that have been awaiting a fully compliant, single source, EWA North American solution.

Latest Fintech Interview: Global Fintech Interview with Ramesh Menon, Group Director, Product Management at LSEG

“It is gratifying to see our roadmap coming to realization,” said Marilyn Schaffer, CEO, XTM. “As in any business, you are required to pivot at times, however the goal remains to inspire today’s worker, on their terms. Early Pay is proven to be a significant incentive to motivate, encourage and support employees.”

Latest Fintech Interview: Global Fintech Interview with Michael Rangel, Founder and CEO at Novo

“With XTM, QRails is about to see a return for its investment in engineering one of the most robust and scalable issuer processors in the world,” said Cary Strange, President, QRails. “Rolling out with XTM’s solid traction in Canada’s service industry, creates credibility for QRails, transitioning it from world-class software to a viable business.”

Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

$14.5Million Raised By EcoCart For Transparent Ecommerce

Fintech News Desk

MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

Fintech News Desk

Guidewire Software Announces One Inc as New Solution Alliance Partner

Fintech News Desk
1