Clair, a pioneering fintech company offering free Earned Wage Advances originated by Pathward, N.A., has announced a new partnership with payroll infrastructure company Check. This partnership marks a significant milestone as Clair becomes Check’s first Earned Wage Access (EWA) partner, reflecting their commitment to enhancing financial benefits for employees.
- New Collaboration: Clair partners with Check, a payroll infrastructure company, to integrate Earned Wage Access (EWA) into payroll services.
- First EWA Partner: Clair is Check’s first EWA partner, showcasing their innovative approach to financial benefits.
- Seamless Integration: Platforms using Check can easily opt into offering Clair’s on-demand pay solution without building additional software.
- Wide Reach: Check collaborates with platforms like Novo, Homebase, and Wave, paying hundreds of thousands of employees monthly.
- First Rollout: Eddy, an all-in-one HR suite, is the first to offer Clair services through the Check API.
- Employee Reach: Eddy will provide Clair’s on-demand pay services to thousands of employees across hundreds of businesses.
- Technology Integration: 58% of employers seek better tech integration from payroll providers, while 29% focus on tech modernization.
- Growing Demand: 68% of employees used financial wellness services in 2023, up from 51% in 2012.
- Check and Clair Solution: The partnership aims to offer financial benefits to employees, providing access to pay before payday.
- Competitive Edge: On-demand pay helps platforms attract and retain essential employees.
- Check’s Perspective: Kevin Hollingshead emphasizes the growing popularity of on-demand pay and the natural decision to partner with Clair.
- Clair’s Vision: Nico Simko highlights the revolution in financial freedom and flexibility for workers through compliant wage advances.
Clair and Check’s partnership is set to transform the approach to employee financial benefits, providing seamless access to earned wages and enhancing the payroll services of various platforms. This collaboration promises to improve employee satisfaction and productivity, positioning companies at the forefront of modern financial wellness benefits.
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.
