Intelligent Fin.tech Issue 23 | Page 22

FOLLOWING THE MONEY

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1 UNITED STATES 2 CANADA

PayPal has teamed up with UKG , a leading provider of HR , payroll , workforce management and culture solutions , to give US employees whose pay is processed through UKG Pro the ability to easily set up PayPal Direct Deposit through their employer ’ s payroll portal . US employees paid through UKG Pro can choose to automatically deposit some , or all of , their paycheck into their PayPal Balance account each pay period , and payroll funds may be available up to two days ahead of time .
Airwallex , a leading global payments and financial platform for modern businesses , has announced a partnership with Float , one of Canada ’ s fastest-growing B2B FinTechs , to enable fast and costeffective bill payments for both domestic and overseas transactions . Float ’ s Bill Pay product , powered by Airwallex , introduces payouts – including bank transfers , EFT , wire and ACH – as part of Float ’ s unified business finance platform for Canadian companies .
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