Payroll Services

What is direct deposit and how to set it up

Direct deposit is the electronic transfer of wages from your bank account to your employees’ accounts. Direct deposit is easier, faster, greener and safer for employers and employees. There are six easy-to-follow steps to set up direct deposits for employees. This article is for small business owners who want to …

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7 Changes to Social Security in 2022

Since it was enacted in 1935, Social Security has been responsible for providing a financial base for retired workers in our country. Today, more than 65 million Americans receive a monthly payment, of which about 72% are retirees. In addition, nearly 22 million beneficiaries are lifted out of poverty each …

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After 401 (k) account growth takes a head start, Vestwell CEO scrambles to make big hires and abdicates presidency in favor of released Lori Hardwick

Seeing a projected 300% growth in plan sponsors, Aaron Schumm promoted one executive, added another and reshuffled his board, putting Hardwick in the lead. Vestwell CEO Aaron Schumm has just handed over his chairmanship to Lori Hardwick as part of a reshuffle of his senior management team, after experiencing tremendous …

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The 6 Ways Blockchain Will Change SMB Payroll Processes

Blockchain technology has been talking about it in recent years. Besides being the backbone of the cryptocurrency infrastructure, this decentralized ledger technology has also had a positive impact on the security of financial transactions. From energy to life sciences, insurance and utilities, blockchain is expected to have a profound impact …

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Airwallex named to 2021 CB Insights Fintech 250 list; Recognized as the best Fintech startup for the fourth consecutive time

SAN FRANCISCO – (COMMERCIAL THREAD) – CB Insights today named Airwallex to the fourth annual Fintech 250, a prestigious list of emerging private companies working on breakthrough financial technologies. This year’s list was unveiled on stage at CB Insights’ Future of Fintech conference in New York. “It’s the fourth class …

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