PayActiv

UKG Partners of the Year Help Create Great Workplaces

Retrieved on: 
Wednesday, March 13, 2024
Software, Human Resources, Internet, Artificial Intelligence, Data Management, Professional Services, Technology, Apps, Applications, Cloud, UKG, Automation, Certification, Partner, HR, Culture, IVR, Organization, Communication, Partnership, Strategic planning, Acquisition, Investment, HCM, PayActiv, Vertex, Workforce, Accenture, Workplace, Jubilant, G2, Work

“Highly extensible technology, a deep understanding of culture, and the collaborative spirit of our entire partner network help customers keep workplaces centered on people, not processes.”

Key Points: 
  • “Highly extensible technology, a deep understanding of culture, and the collaborative spirit of our entire partner network help customers keep workplaces centered on people, not processes.”
    Each year, UKG recognizes partners for going above and beyond in their efforts to create exceptional experiences for UKG customers and their employees.
  • This includes technology partners that deliver new innovations or extensible solutions that enhance IT experiences, and services partners that implement UKG suites as a cornerstone of culture and workplace transformations.
  • The UKG 2023 Technology and Services Partners of the Year:
    Innovator of the Year recognizes partners that showcase innovative technology, creative solutions, and strategic planning and execution for joint customers.
  • Technology Partner Recipient: CloudApper , for its suite of generative AI, no-code, and low-code tools that help UKG customers quickly create apps and integrations.

Payactiv Now Available on Oracle Cloud Marketplace

Retrieved on: 
Wednesday, November 8, 2023
Cloud, OPN, Job satisfaction, EWA, Organization, Research, Oracle Cloud HCM, Earned wage access, HCM, Software, PayActiv, Oracle

SANTA CLARA, Calif., Nov. 8, 2023 /PRNewswire/ -- Payactiv, a leading provider of holistic financial wellness benefits, and a member of Oracle PartnerNetwork (OPN), today announced it is now available on Oracle Cloud Marketplace and can be integrated with Oracle Fusion Cloud Human Capital Management (HCM).

Key Points: 
  • SANTA CLARA, Calif., Nov. 8, 2023 /PRNewswire/ -- Payactiv , a leading provider of holistic financial wellness benefits, and a member of Oracle PartnerNetwork (OPN), today announced it is now available on Oracle Cloud Marketplace and can be integrated with Oracle Fusion Cloud Human Capital Management (HCM) .
  • With Payactiv , Oracle Cloud HCM customers will now be able to help their employees manage day-to-day finances, pay bills on time, save and budget, access free 1:1 financial coaching and reach their financial goals.
  • "With Payactiv and Oracle Cloud HCM, organizations can help improve employee satisfaction and demonstrate their commitment to supporting the financial well-being of their valued workers."
  • Oracle Cloud Marketplace is a centralized repository of enterprise applications offered by Oracle and Oracle partners.

EWA Shields Workers From Financial Vulnerability

Retrieved on: 
Wednesday, September 27, 2023
Workforce, Absenteeism, EWA, Bank, Management, PayActiv

SAN JOSE, Calif., Sept. 27, 2023 /PRNewswire/ -- Payactiv, the leading provider of employer-integrated holistic financial wellness benefits, has released its 2023 Impact Report. The report reveals how employer-sponsored Earned Wage Access (EWA) helps U.S. workers avoid financial hardships and increase job satisfaction.

Key Points: 
  • The report indicates a strong link between EWA, employee satisfaction, and higher retention rates, making it an attractive benefit.
  • Businesses have everything to gain by prioritizing EWA and true financial wellness.
  • Shielding their workforce from financial vulnerability isn't just a benefit, it's a testament to their commitment to creating a resilient and empowered future.
  • Users were randomly selected, are hourly workers, and work at enterprise and small and medium size businesses.

Payactiv Honored as Gold Stevie ® Award Winner for Corporate Social Responsibility Program of the Year

Retrieved on: 
Thursday, June 15, 2023
Social responsibility, Workforce, ABA, New York state public-benefit corporations, Stevie Awards, EWA, Professional corporation, Wealth, Corporate social responsibility, ACH, Equity, Organization, SAN, Diversity, Earned wage access, Biophysical environment, DEI, ESG, PayActiv

Winning for the second time in this category, Payactiv is recognized for its commitment to help businesses bring financial security, dignity, and savings to their workforce.

Key Points: 
  • Winning for the second time in this category, Payactiv is recognized for its commitment to help businesses bring financial security, dignity, and savings to their workforce.
  • By incorporating EWA and financial wellness tools into their benefits programs, businesses can advance traditional Environmental, Social, Governance (ESG) and Diversity, Equity and Inclusion (DEI) efforts, further enhancing their corporate social responsibility initiatives.
  • "We are honored to receive this award for the second time as it underscores our unwavering commitment to improving the financial wellness of workers," said Safwan Shah, CEO and co-founder of Payactiv.
  • More than 230 professionals worldwide participated in the judging process to select this year's Stevie Award winners.

PrimePay Appoints Adil Shabbir as Chief Product & Technology Officer

Retrieved on: 
Thursday, June 8, 2023
HR, Chief technology officer, Software as a service, PeopleSoft, HCM, EOR, Oracle, ADP, Management, PayActiv

WEST CHESTER, Pa., June 8, 2023 /PRNewswire-PRWeb/ -- PrimePay, a national human capital management (HCM) technology leader, has announced the appointment of Adil Shabbir as Chief Product & Technology Officer. Adil is responsible for leading the company's HCM software-as-a-service (SaaS) innovation roadmap and next-generation platform to help businesses tackle payroll and HR challenges and boost employee retention.

Key Points: 
  • WEST CHESTER, Pa., June 8, 2023 /PRNewswire-PRWeb/ -- PrimePay , a national human capital management (HCM) technology leader, has announced the appointment of Adil Shabbir as Chief Product & Technology Officer.
  • Adil is responsible for leading the company's HCM software-as-a-service (SaaS) innovation roadmap and next-generation platform to help businesses tackle payroll and HR challenges and boost employee retention.
  • "Adil is a focused leader who brings vast experience to PrimePay," said Scott Johnson, Chief Executive Officer of PrimePay.
  • "I am excited to join the talented team at PrimePay to help drive HCM innovation that elevates both the employer and the employee experience," said Adil.

Payactiv Celebrates 10 Years of Empowering Workers with Earned Wage Access

Retrieved on: 
Tuesday, May 23, 2023
Financial Health Network, EWA, Uber, History, UKG, SAN, HR, Growth, T&A, HCM, HRIS, Ewa Misiak, Health insurance, Amazon, PayActiv

SAN JOSE, Calif., May 23, 2023 /PRNewswire/ -- Payactiv, Inc., the pioneer and leading provider of employer sponsored Earned Wage Access (EWA) and holistic financial wellness, has completed 10 years of delivering financial resilience to millions of hard-working Americans. In recognition, Payactiv has traced the evolution and impact of EWA. From EWA's Inception, Invention, Innovation, and Influence, through its Imitation, Impact and Insights, the dedicated website at 'earnedwageaccess.com' offers an immersive experience of the EWA journey.   

Key Points: 
  • Available only through U.S. employers, Payactiv has so far served over 3.5 million employees with timely access to already earned but unpaid wages and helped them avoid up to $35 in fees and penalties upon each access.
  • Cumulatively, Payactiv estimates it has helped avoid over $1.8 billion in fees and penalties for American workers.
  • Payactiv used publicly available state data to calculate how much median wages were reduced by fees, penalties, and interest costs.
  • To learn more about the history and impact Earned Wage Access has had on employers and workers over the past 10 years, read here: https://www.earnedwageaccess.com/ .

What's Next Venture Summit Marks 20th Year as Thought Leaders Chart the Future of the Longevity Economy

Retrieved on: 
Wednesday, April 19, 2023
Investment banking, MFA, Home Instead Senior Care UK, AARP, Elevance Health, SBIR, Incubator, NIA, Ageing, Uber, Woman, Head, Longevity, Multimedia, Strategic Innovation Fund, Claremont Hotel & Spa, University of San Francisco International Business Plan Competition, Running, PayActiv, Posit Science Corporation, Apple, Government, AI, Management, Renewable energy, Amazon

LAFAYETTE, Calif., April 19, 2023 /PRNewswire/ -- Mary Furlong & Associates (MFA), producer of the longest running conference in the longevity economy, announced its 20th annual What's Next Longevity Venture Summit on June 14–15. With the theme The 2030 Horizon: Charting a Course for Longevity Investors and Entrepreneurs, the conference will bring together thought leaders, including active investors, entrepreneurs, incubators, nonprofits, government agencies and large companies focused on the $8.3 trillion longevity economy for keynote speeches, incisive panel discussions and two business competitions.

Key Points: 
  • "We are proud to bring this industry-leading summit to the longevity market for the 20th year," said Mary Furlong, founder and president of MFA.
  • This platform for connecting the longevity ecosystem is critical in creating success in challenging environments like those facing entrepreneurs today."
  • As part of the 20th anniversary, Furlong asked 20 longevity thought leaders about their strategies 20 years ago, the biggest changes and their visions for the future.
  • The What's Next Longevity Venture Summit will take place at the Claremont Club & Spa, Berkeley, California on June 14-15.

CPI Card Group® Achieves Milestone of Selling Over 90 Million Eco-Focused Payment Cards

Retrieved on: 
Tuesday, April 18, 2023
Environment, Technology, Payments, Finance, Fintech, Banking, Professional Services, Sustainability, Software, Plastic, CPI, EVP, Professional corporation, Name, CPI Aerostructures, Mastercard, GPP, Second, PMTS, PVC, Financial services, Bank, Payment card, PayActiv

In 2019, CPI signed one of the largest U.S.-based financial institutions to debut Second Wave® cards , which feature a core made with recovered ocean-bound plastic and, in March 2022 CPI announced having crossed the 50-million mark for all eco-focused payment cards sold.

Key Points: 
  • In 2019, CPI signed one of the largest U.S.-based financial institutions to debut Second Wave® cards , which feature a core made with recovered ocean-bound plastic and, in March 2022 CPI announced having crossed the 50-million mark for all eco-focused payment cards sold.
  • “Reaching the 90 million milestone for CPI’s card portfolio is a testament to the growing engagement among eco-conscious consumers to help protect the planet in choices both big and small.
  • The financial services industry, along with the business community at large, is evolving in response,” said John Lowe, EVP, End-to-End Payment Solutions, CPI Card Group.
  • Mastercard recently announced its decision to remove first-use PVC plastics from payment cards on its network by 2028.

Payactiv and HR.com Survey Provides Key Insights on Current State of Employee Financial Wellness

Retrieved on: 
Thursday, March 30, 2023
HR, Earned wage access, Organization, ASC, Employment, HRIS, SAN, EWA, Senior counsel, Management, PayActiv

SAN JOSE, Calif., March 30, 2023 /PRNewswire/ -- Payactiv, Inc., a pioneer of Earned Wage Access (EWA) and a leading provider of employee financial wellness benefits, partnered with HR.com to conduct an industry-wide survey of HR leaders to understand the current state of employee financial wellness. The results show that most organizations lack solid data about the financial wellness of their employees, and very few excel at improving it.

Key Points: 
  • SAN JOSE, Calif., March 30, 2023 /PRNewswire/ -- Payactiv , Inc., a pioneer of Earned Wage Access (EWA) and a leading provider of employee financial wellness benefits, partnered with HR.com to conduct an industry-wide survey of HR leaders to understand the current state of employee financial wellness.
  • The survey also found that only 26% of organizations currently have an initiative to improve employee financial wellness.
  • Overall, the survey results highlight the urgent need for employers to prioritize employee financial wellness and adopt innovative benefits programs that can make a tangible impact.
  • "The State of Employee Financial Wellness 2023" survey ran from December 2022 to February 2023 and surveyed 235 HR professionals globally, representing diverse industries and employer sizes.

The Demand for Corporate Wellness in the US is Booming. Total Spending to Reach USD 23 Billion by 2027. Financial Wellness Programs the Next Big Thing in the Market - Arizton

Retrieved on: 
Wednesday, December 7, 2022
Knowledge, Counselor, BSDI, Wellness Corporate Solutions, FlexWage, SoFi, COVID-19, Emergency, Castlight Health, Aquila, Bank, Lifestart, PDHI, Goplans, Meditation, EXOS, Purchasing power, Pulse, Bankruptcy, Workforce, St. Louis Fed Financial Stress Index, National Institute of Fitness and Sports in Kanoya, Optum, Fitness, Prudential Financial, Beacon Health Options, Novant Health, Limeade, Health, Health insurance, Retail, PayActiv, Transamerica, The Edukators

Employers are willing to offer customized corporate wellness benefits as they realize that monetary benefits are only one of the ways to retain employees.

Key Points: 
  • Employers are willing to offer customized corporate wellness benefits as they realize that monetary benefits are only one of the ways to retain employees.
  • Financial wellness programs are on their way to becoming the next big thing in corporate wellness programs.
  • Almost 50% of employers offer financial wellness programs in sync with their retirement plans.
  • The US corporate wellness market is highly fragmented, with the leading vendors accounting for less than 15% of the share.