Santander is the latest bank to link up with earned wage access firm DailyPay, as on-demand payments become a “must-have” benefit for workers. Santander just announced a collaboration with fintech DailyPay to let its business clients in the US pay out their workers as soon as they finish a shift. DailyPay’s tech connects with clients’ […]
Tag: DailyPay
Banks are linking up with earned wage access firms, which let businesses pay their employees in real-time versus on a set schedule, as inflation and the labor market make it a “highly desirable” benefit. Fintech DailyPay just announced $260 million in financing (a mix of credit facilities and loans) as earned wage access gains ground […]
So-called “earned-wage access” has been gaining popularity, particularly given recent inflation woes and a tight labor market – and partnering with a fintech allows TD Bank to make this “highly desirable” benefit available quickly. TD Bank recently announced a collaboration with fintech DailyPay to let its business clients pay out their workers almost as soon […]