Pay As You Earn

OneSource Virtual Joins Highline's Payroll Payments Network to Deliver Solutions for Employee Financial Health and Well-being

Retrieved on: 
Wednesday, August 2, 2023
OSV, Organization, CFO, William Billers, Partnership, Paycheck, OneSource, LendingClub, ACH, Pay As You Earn, CDH, Bank, DALLAS

DALLAS, Aug. 2, 2023 /PRNewswire-PRWeb/ -- OneSource Virtual (OSV), the leading provider of services for Workday, and an innovator of extensible applications built on Workday technology, announces a first-of-its-kind partnership with Highline, a fintech company transforming payments to benefit consumers and billers alike. This collaboration enables OneSource Virtual customers to further improve the financial health and well-being of their employees with Highline's revolutionary new payments network, which powers Pay by Paycheck, designed to simplify consumer finances between payday and bill due dates.

Key Points: 
  • This collaboration enables OneSource Virtual customers to further improve the financial health and well-being of their employees with Highline's revolutionary new payments network, which powers Pay by Paycheck, designed to simplify consumer finances between payday and bill due dates.
  • "One of our core missions is to deliver innovative solutions that drive employee financial wellness in the U.S. market," explains John Bax, CFO of OneSource.
  • Highline's Pay by Paycheck enables consumers to make payments directly from their paycheck, bypassing the traditional banking and payment rails.
  • Geoff Brown shared in the sentiment, "Highline is very grateful to OSV for building such a deep partnership with us.

Unsure How to Pay for College? You're Not Alone - New Study from College Ave Finds Less Than Half of Families Feel Ready the Summer Before College

Retrieved on: 
Wednesday, July 12, 2023
Food, Housing, College, Education, Parent, Pay As You Earn, Student, Retirement, Barnes & Noble, Investment, Child, Entrepreneurship, Transport, Family, Book, Tutoring, Nursing

WILMINGTON, Del., July 12, 2023 /PRNewswire/ -- If your family is spending the summer discussing how to cover college costs, you're not alone – a recent College Ave Student Loans survey of 1,001 parents of current college students conducted by Barnes & Noble Insights™ found less than half (44%) felt ready to pay those costs the summer before their child's freshman year. And it's easy to see why families are invested in the conversation and getting it right – nearly 9 out of 10 parents (88%) agree – a college education is crucial for their child's future.

Key Points: 
  • Most parents (93%) plan to help pay for some, if not all, of their child's college education.
  • Perhaps, this is why many parents report prioritizing funding a college degree over putting money in savings (67%), investing (40%) and retirement (35%).
  • Of those, more than half (55%) plan to use anywhere from $5,000-$30,000 from their own personal savings or income.
  • Jobs: Of those parents who will help pay for college, close to one-third (30%) said their child will work to help with college expenses.