News & Industry

The stimulus has arrived – here’s how to help your customers

Posted 3 months ago

By Kelley Knutson, Netspend President For more than 20 years, Netspend has been providing payment solutions for U.S. consumers and enabling access to tax refunds, Social Security income payments and other government benefits as quickly, easily and securely as possible. Since Friday, April 10th, Netspend has processed hundreds of thousands of deposits for its customers, […]

News & Industry

Netspend Partners with WWE to Bring Financial Solutions to the WWE Universe

Posted 4 months ago

Netspend and WWE announced a partnership that will bring the WWE Universe a series of general purpose reloadable (GPR) prepaid debit cards, featuring WWE Superstars Becky Lynch, AJ Styles, “Macho Man” Randy Savage, The Undertaker and The New Day, as well as the WWE Championship Title Belt. The WWE Universe can now express their loyalty […]

Paycard

Three Ways Paycards Help Employers Support Financial Inclusion

Posted 8 months ago

  More than eight million households across the U.S. are unbanked1, many of whom operate in a cash-only financial system. This unbanked population carries the burden of navigating alternative financial solutions to pay bills, make purchases, budget and save money. Being unbanked or financially underserved comes at a price for the more than three-quarters of […]

News & Industry

Guide: Four Strategies to Address the Talent Crunch

Posted 9 months ago

Three in five employers struggle to fill job vacancies within three months1, and research shows these challenges will only grow: per some forecasts, the global talent shortage could reach 85.2 million people by 2030.2 This all adds up to a talent crunch3 — and unprecedented shortages of top-tier talent. It also poses many challenges for companies […]

Paycard

Five Ways Paycards Make Payroll Less Painful

Posted 11 months ago

  Every day, technology companies are producing new mobile apps and software solutions to solve every problem under the sun – including some we didn’t even know we had. But for many in the payroll industry, the old saying may still feel true – the more things change, the more they stay the same. While […]

Paycard

Paycards: A Game Changer for Employers, Invaluable for Employees

Posted 1 year ago

With an estimated 68 million1 underbanked consumers in the U.S., employers must find high-quality, flexible payroll solutions that give employees access to the omnichannel payments ecosystem. And, banked consumers want access to a multitude of financial tools to help them manage their everyday finances, too.2 Banked or unbanked, employees look to employers to provide game-changing […]

Paycard

Restaurants: How You Pay Employees Matters for Retention

Posted 1 year ago

Retaining good employees is a universal challenge, especially in the restaurant industry. Turnover is expensive, too — estimates indicate hiring and training a new employee can cost upwards of $3,5001. This is why Netspend recently partnered with QSR Magazine to outline simple ways restaurants can leverage their payroll processes to boost employee retention and satisfaction, […]

Paycard

Netspend and DailyPay Boost Financial Security Through Direct Access to Earned Wages

Posted 1 year ago

May 29, 2019 — According to the Federal Reserve, 40 percent of Americans cannot afford an unplanned $400 expense. Let that sink in… Expense volatility is an extremely real concern for consumers across incomes and occupations and causes financial instability that leads to a lack of savings, late fees and, in many cases, debt. Today, […]

Paycard

5 Benefits of Paperless Payroll

Posted 1 year ago

By Jeff Johnson, Senior Vice President/General Manager—Commercial Prepaid, Netspend If you’re a typical U.S. employer, about 80 percent of your employees receive their wages through direct deposit to their chosen bank account or prepaid card.1 This is great for employers (more control over “paperless payroll,” and fewer paper checks to generate and distribute) and great […]

Paycard

Best Practices in Accounts Payable

Posted 1 year ago

Electronic Accounts Payable Reduces Cost and Improves Control over Vendor and Employee Payments By Jeff Johnson, Senior Vice President/General Manager, Commercial Prepaid, Netspend Paper checks can be a serious pain point for businesses—and they’re not great for vendors and employees either. So, why is your accounts payable department still relying on checks to pay the […]

Paycard

Payroll Programs: 6 Key Benefits of Electronic Paycards for Businesses

Posted 1 year ago

Whether you are a Fortune 500 company or a small business, payroll distribution can be costly and complex. Improving your payroll system by making payments electronically could save your business money in processing costs, while making it simpler for employees to receive their earnings. The considerable advantages of adopting an electronic payroll distribution program include: […]

Disbursements Paycard

The Future of our Workforce: How You Pay Employees Can Pay Off For Your Bottom Line

Posted 2 years ago

By Jeff Johnson, senior vice president, Netspend Commercial Prepaid Today’s workforce is being shaped by a number of factors, including changing demographics and the growing number of millennials, the onslaught of new technology applications, more geographic distribution, the draw of the gig economy and more. Payroll has evolved over the last several decades but, even […]

Paycard

Survey Results: How Modern Workforce Demands Are Influencing Today’s Payroll Processes

Posted 2 years ago

Earlier this year, Netspend partnered with HR Daily Advisor to conduct its annual Payroll Solutions Survey, focused on trends within the payroll field. The survey captured insights on how companies are adapting their payroll processes to respond to the demands of millennials, the forms of payroll payments that are most prevalent and opportunities for improvement. […]

Paycard

PaymentsJournal Talks Digital Disbursements with Netspend SVP Jeff Johnson

Posted 2 years ago

Netspend Senior Vice President for Commercial Prepaid Jeff Johnson recently spoke with PaymentsJournal about the use of prepaid for small businesses, including how real-time payments and digital disbursements can revolutionize a company’s disbursement model. Jeff shared details on how Netspend delivers a full suite of prepaid options for its clients, focused on addressing cardholder needs […]