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DailyPay Names Veteran Executive Nelson Chai as CEO
DailyPay appointed veteran executive Nelson Chai as CEO, advancing its strategy beyond earned wage access toward broader financial wellness for frontline workers. Chai—formerly Uber’s CFO and DailyPay’s Executive Chair—will lead product innovation and scaling with a focus on measurable emplo
Oct 1, 2025
Employee Benefits
Chime and Workday Partner to Deliver a Comprehensive Employee Financial Wellness Solution to Millions
Workday has named Chime its Strategic Financial Wellness Partner, making Chime Workplace available to Workday customers via Workday Wellness. Workday serves 11,000+ organizations (including 60% of the Fortune 500), positioning this integration to scale modern financial benefits—earned wage access,
Aug 22, 2025
Employee Benefits
Alight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025
Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigation, and absence management. With over 30 new features—in
Jul 28, 2025
Employee Benefits
eTip Launches Debit Payroll Card to Modernize Tipped Wage Access
eTip, a leading digital tipping platform for hospitality and service sectors, has launched a new no-fee VISA debit payroll card that allows instant access to tips and wages. The card, available in both physical and virtual formats, is designed to modernize wage distribution, eliminate manual process
Jun 2, 2025
Employee Benefits
Multiply Mortgage Raises $23.5M Series A to Make Homeownership an Employee Perk
Multiply Mortgage, a fintech innovator, has secured $23.5 million in Series A funding led by Kleiner Perkins, bringing its total funding to $27 million. The company is revolutionizing employee benefits by offering lower mortgage rates—up to 0.75% discounts—at no cost to employers. Available in
Mar 19, 2025
Employee Benefits
Paychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends
Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to completion within the first half of 2025. The acquisition is
Feb 27, 2025
Employee Benefits
Selerix Acquires TBX® to Create an All-in-One Benefits Administration SaaS Platform
Selerix, a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® (TBX®), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a comprehensive SaaS platform that integrates Selerix’s administ
Feb 6, 2025
Employee Benefits
Invst Acquires NS Capital, Revolutionizing Retirement Solutions for Businesses
Invst, a leading investment advisory firm, has acquired NS Capital to establish the Invst Unity Pooled Employer Plan (PEP). This strategic move revolutionizes retirement solutions for businesses, addressing challenges like fiduciary liabilities and high fees while simplifying 401(k) administration.
Jan 6, 2025
Employee Benefits
Zoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States
Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust finance and operations suite, including Zoho Books, Zoho Inven
Dec 12, 2024
Employee Benefits
Ciphr Acquires Avantus to Revolutionize UK Employee Benefits and Enhance HR Solutions
Ciphr Group, a leading HR software provider in the UK, has acquired Avantus, an established employee benefits platform serving over 400 businesses globally. The acquisition enhances Ciphr’s offering by integrating Avantus' customizable platforms—FlexGenius and MyWorkPal—into its human capital
Nov 20, 2024
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