Tag : Paycheck

Instant Payments Key to Survival of Financial Institutions, With Fintech Consulting Building a Roadmap for Success
Digital Payments Fintech News

Instant Payments Key to Survival of Financial Institutions, With Fintech Consulting Building a Roadmap for Success

GlobeNewswire
by GlobeNewswire0
FinTech Consulting helps financial institutions and fintechs who want to leverage the power of instant payments to meet the changing needs of their existing customers and attract new customers FinTech Consulting of financial institutions, fintechs and other organizations who want to leverage the power of instant payments to meet the changing......
The Number of Consumers Living Paycheck to Paycheck Has Increased Year-Over-Year Across All Income Levels
Digital Payments News

The Number of Consumers Living Paycheck to Paycheck Has Increased Year-Over-Year Across All Income Levels

Fintech News Desk
by Fintech News Desk0
61% or 203 Million Americans are Living Paycheck To Paycheck, Up from 55% a Year Ago 33.5 million Americans spent more than they earned in the past six months LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, today released findings from the 12th edition of the Reality......
Citizens Enables Customers to Receive Paychecks Early, Commits To Eliminating Non-Sufficient Funds Fees By End of 2022
Digital Payments News

Citizens Enables Customers to Receive Paychecks Early, Commits To Eliminating Non-Sufficient Funds Fees By End of 2022

Fintech News Desk
by Fintech News Desk0
Citizens Paid Early™ Enables Customers to Access Pay Up To Two Days in Advance Customers will be able to access their paychecks several days in advance through a new capability, Citizens Paid Early, announced by the bank today. Citizens also announced it will eliminate nonsufficient funds fees by the end of......
1/3 of Consumers Earning a Quarter of a Million Dollars are Living Paycheck to Paycheck
Digital Payments News

1/3 of Consumers Earning a Quarter of a Million Dollars are Living Paycheck to Paycheck

Fintech News Desk
by Fintech News Desk0
LendingClub Corporation the parent company of LendingClub Bank, America’s leading digital marketplace bank, today released findings from its 10th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. For the first time in the report series, the High Earners Edition examines the financial lifestyle of the growing share of highest-income......
Wealthfront Speeds Up Money Movement from the Wealthfront Cash Account
Banking Fintech Investment Services News

Wealthfront Speeds Up Money Movement from the Wealthfront Cash Account

Fintech News Desk
by Fintech News Desk0
Today, Wealthfront announced that clients who use their Wealthfront Cash Account to invest in a Wealthfront Investment Account can have their money invested in the market within minutes. Wealthfront clients who direct deposit their paycheck into the Wealthfront Cash Account can already get paid up to two days early, and......
Brigit Raises $35 Million
Business Fintech News

Brigit Raises $35 Million

Fintech News Desk
by Fintech News Desk0
Despite the all-time highs of the stock market over the last decade, financial inequality in the U.S. has continued to rise, with 78 percent of American workers currently living paycheck to paycheck(Brigit). The current pandemic has further weakened the foundations of a working class that was already wobbly before the......
FinTech Startup PrizePool Raises $4.25M in Round Led by Accomplice, Bling Capital, Coatue, SciFi VC, and World Innovation Lab
Fintech Fintech Startups News Risk Management

FinTech Startup PrizePool Raises $4.25M in Round Led by Accomplice, Bling Capital, Coatue, SciFi VC, and World Innovation Lab

Fintech News Desk
by Fintech News Desk0
Ups the Game on Boring, Low-Interest Savings with Guaranteed Prize Money Every Month and Referral Program so Customers Save and Win with Friends and Family A majority of Americans are at financial risk and the need for the security of savings is even more evident during this year. PrizePool reimagines......
Wells Fargo Launches $400 Million Small Business Recovery Effort
Fintech Fintech Funding Mobile Banking News

Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
by Fintech News Desk0
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......
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