Financial Wellness Blog

Timing of Pay and the Velocity of Money

Watch Safwan Shah, PayActiv CEO, speaking at the Banking Disrupted Conference by Silicon Valley Innovation Center “..there is a massive transformation that is taking place. Rather…

The secret to motivate employees

How to Motivate Your Employees

If a workplace is able to create an environment that leads to an increase in employee self-confidence and self-worth, it can potentially result in an inherent desire for the workforce to deliver it’s best.

Pay Bills on time

Dime too short, second too late: How to pay bills on time

Nearly 1 in 4 US adults admit they are unable to pay all of their bills on time. In fact 25% of millennials get help from their parents just to pay their phone bills.

Successful financial wellness program

Financial wellness programs compared

Some programs that are packaged as financial wellness benefits can be detrimental to employee financial well-being. These products are often masked and positioned as benefits but in reality are incomplete offerings, create negligible value addition and encourage unnecessary expenditure.

Why payday loans work and the perfect substitute

But will these proposed reforms eliminate the need for payday loans? In some manner these regulations legitimize them. The right method should be to identify the crux of why payday loans are popular and then develop a solution.

A Tale of Two Benefits: Employee Wellness Programs

Felipe is 40-years-old, a machinist in New Jersey and the breadwinner of his household. He has very little in savings, no credit card, and struggles on a weekly basis to make ends meet and provide for his family.

Debt Traps: CFPB’s Proposed Rules on Payday Lending

The Consumer Finance Protection Board has issued proposed rules governing payday and other small loans.[1] Here is the overview and resources of what you need to…

The Role of Leadership: Business Social Responsibility

I urge all individuals who see themselves as leaders, to use your powers for good. Make decisions that create environments of safety and security for everyone. Leaders, you are in a unique role to transform a culture.

Why middle-class Americans don’t have $400 in savings?

Middle class was still struggling, I got that – but what I was ill prepared for was the raw manner in which these headlines translated into difficult and unimaginable choices for working families in the world’s most advanced economy.

Access is more than a paycheck.
It's peace of mind.

Access is more than a paycheck. It's peace of mind.

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