DailyPay CFO on the burgeoning trend of on-demand pay

Persistent labor shortages are changing the employee-employer relationship, increasing the importance of benefits, salary and flexibility — a dynamic that could boost the growing on-demand pay industry, Scot Parnell, CFO of DailyPay, believes. 

On-demand pay enables employees to access a portion of their wages between pay periods. That's a benefit that could help employers attract and retain employees, giving them an advantage in today's tight labor market. “The more satisfied and engaged the employees, the higher the stock value, the better the across-the-board growth," Parnell told CFO Dive.    

By allowing employees to access their earnings on their own schedule and avoid resorting to predatory lenders and overdraft fees, DailyPay’semployer clients benefit from steeply improved retention rates and expedited hiring rates; two key metrics in high demand among short-staffed businesses. 

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Project Canary Greentech Growth Underscored by Addition of New Strategic Team Members

Project Canary doubles the size of its team this year, adds key strategic hires, and opens a Houston, Texas, location

DENVER, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Project Canary, a Colorado-based greentech company focused on the energy supply chain, appointed four new senior roles as its growth continues.

"Project Canary is experiencing meaningful growth in lock-step with the energy market's shift toward ESG standards. Part of this is driving a better understanding from the science community and global consumer base about the opportunity to accurately measure methane emissions to help alter the course of climate change," said Chris Romer, CEO of Project Canary. "These strategic hires help catalyze our growth and commitment to evidence-backed emissions certifications from the wellhead to the home."

Denise M. O'Leary, Board Member

Denise O'Leary has been a private venture capital investor and a corporate director since 1996. She is a member of the Board of Directors of Medtronic, Inc., US Airways Group, Inc., and Calpine Corporation, where she currently chairs the Nominating and Governance Committee. In addition, Denise was previously the Chair of the Audit Committee at both Medtronic and USAir. She has also served on the boards of ALZA Corporation, Chiron Corporation, Del Monte Foods Company, and numerous private companies.

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DailyPay Named 2021 SaaS Awards Winner

International Software Awards Program Announces Winners

NEW YORK, Sept. 1, 2021 /PRNewswire/ -- DailyPay, the industry-leading technology platform that's disrupting the financial system, today announced that it has been recognized by the Software-as-a-Service Awards program as the Best SaaS Product for Financial Services. DailyPay's PayEx suite of products and services provides the most advanced, accurate and frictionless pay experience.

The SaaS Awards celebrates innovation and excellence, with the Financial Services category focusing on innovative financial services software. DailyPay was selected from hundreds of organizations, with international entries from North America, Canada, Australia, UK, Europe and the Middle East.

"It is a tremendous honor for DailyPay to be named as a winner in the 2021 SaaS Awards for Financial Services,'' said Konstantin Getmanchuk, Senior Vice President of Product at DailyPay. "To have impressed the judging panel in this way clearly demonstrates the value we bring to our partners and their employees along with our ongoing commitment to innovation and excellence."

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First-Ever Freshwater Stewardship Certification Developed for Oil and Gas Producers

Project Canary, a natural gas certification firm, and The Center for Energy Water Sustainability (CEWS) at Colorado State University have established the oil and gas industry’s first standardized freshwater reporting framework and metrics. Freshwater acquisition and management are a critical part of the well completion process, and this framework enables and encourages producer efforts towards freshwater stewardship, an important component of a responsibly sourced gas (RSG) certification program.

Water use plays a central role in oil and gas production, developing freshwater acquisition and use standards creates an accurate assessment of their use in oil and natural gas operations.

• Producers can now differentiate their performance relative to water use and responsible stewardship as those who minimize or eliminate freshwater usage.

• Companies reusing or recycling water in their operations will be considered more responsive to ESG objectives.

• Accurate and independent ESG certification for the oil and gas water space can be transformative.

The new reporting framework centers around responsible freshwater use and mitigation efforts and allows producers to differentiate their performance relative to water use. Companies reusing or recycling water in their operations will be considered more responsive to ESG objectives, thereby encouraging sustainable water practices.

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Gigi Hadid’s $28 Necklace Is The Type You Never Need To Take Off

If you view your favorite celebrity Instagram accounts with an analytical eye, you’ll spot a common theme. Stars are taking every opportunity to accessorize. For instance, Ashley Graham and Lizzo dabbled in the belly jewelry trend and wore metallic chains around their waists while lounging poolside this summer. Meanwhile, Gigi Hadid wore a $28 beaded necklace during a recent workout session, which, typically, is not a known time to flex the contents of your jewelry box. Perhaps celebrities who are accessorizing their unconventional outfits are experiencing the post-quarantine phenomenon of re-emergence fashion, where any occasion is an excuse to dress up. Or, maybe they’re demonstrating their styling abilities in that they can turn any outfit, no matter how casual, into a glam moment.

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