Tapping Retirement Funds in Emergency May Cause Other Problems-(10/28/2017) New tools are emerging to address the need for emergency savings. The start-up DoubleNet Pay in Atlanta, for instance, works with employers and payroll providers to automate emergency savings. Employees can have money deducted from their paychecks and transferred directly to a savings account at the same time they are having money deducted for health insurance premiums and retirement savings.“The idea is to get those contributions out of the way on payday,” said Brian Cosgray, the company’s founder and chief executive.
Forbes – NextAvenue.org – Why It’s Time for Emergency Funds (12/1/2016) – In this article writer Richard Eisenberg discusses the risks that a lack of emergency savings has to employers and employees and what some of the potential solutions that exist in the market.
Do It For Me Financial Wellness (5/16/2016) – Automated Financial Wellness App Offers You and Your Employees a Better Experience Employees today expect online interactions to create real life outcomes. You post an emoji, and a hot, pepperoni pizza shows up at your door. You tap your phone, and an Uber driver is ready to take you wherever you […]
Emergency Savings for Employees a Reality? Yes! (4/4/2016) – It’s time for everyone to enjoy the benefits of emergency savings. Emergencies happen. Whether it’s a medical issue, car accident, house repair, or something else, you can be hit with unexpected expenses (costing thousands of dollars) at any time. But you don’t need to worry. You have money set aside for these instances, and you’re […]
The next generation of financial wellness (3/30/2016) – Financial Wellness That Works Set it once, help employees reap the benefits. Whether you need to rush your child to the ER after a bike accident, repair a leaky roof, fix a broken tooth, or have another emergency, you’re ready. And that’s smart. After all, “4 of 10 respondents or their immediate family ran into […]
Sound Mind, Body — and Wallet (9/3/2015) – The following was published in Human Resource Executive Online and can be found here. By Larry Stevens Like many companies, The Home Depot has a wellness program. But Brant Suddath, the Atlanta-based retailer’s director of benefits, would like to add a third leg to the “sound mind-sound body” maxim: “To be happy, satisfied and productive, […]
Financial Triage: Assessing Financial Wellness (5/21/2015) – The following was published on LifeHealth.com and can be found here. Household finances cause more stress than personal health or work issues, according to Financial Triage: Assessing Financial Wellness, a new LIMRA study. Nearly half (42%) of respondents reported that household finances cause “somewhat high” or “very high” stress levels compared with other areas of […]
Financial wellness: An employee stress reliever that boosts workplace productivity (4/30/2015) – The following was published on HRDive.com and can be found here. Helping employees figure out the complexities of personal finance can reap bottom line benefits By Tom Starner More employers are expanding their wellness programs with the goal of improving their employees’ financial wellness and security. Modeled after physical wellness programs that invite employees to […]
Why Employer Benefit Programs Are Turning to Facebook, LinkedIn And Texting to Engage Workers (4/21/2015) – The following was published on MainStreet.com and can be found here. By Julliette Fairley NEW YORK (MainStreet) — David Tambini, an employee at Credit Suisse in New York, says health benefits from his employer are important, because he plans to one day have a family. “As you get older and establish yourself in a profession, […]
New Bill-Pay App Aims To Get Employees Off the Living Paycheck-to-Paycheck Treadmill (4/15/2015) – The following was published on DigitalTransactions.net and can be found here. By Jim Daly A new mobile app from an Atlanta startup that uses remote-capture software provider Mitek Systems Inc.’s imaging technology aims to have workers automatically time the payment of routine bills with their pay days, thereby helping consumers escape the pitfalls of living […]
New App Helps Employees Pay Bills, Save Money (4/15/2015) – The following was published on SHRM.org and can be found here. By Aliah D. Wright Want an app that stops your employees from treating their retirement savings like their personal piggy bank? Unlike other financial apps such as Mint and Pageonce and most banking apps, the DoubleNet Pay app aims to help employers promote financial […]
DoubleNet Pay Launches App to Help Employees Save (3/31/2015) – The following was published on Tech.co and can be found here. By Camila Souza Atlanta-based company DoubleNet Pay launched a financial wellness app in the ADP Marketplace that fully integrates with employer payroll providers to pay employees’ bills and fund savings plans. DoubleNet Pay automatically tracks and pays employees’ bills around their paycheck cycles, leaving them […]
DoubleNet Pay Selected to Power T. Rowe Price Cash Flow Management Solution to Improve Individual Outcomes (1/9/2018) - NEWS RELEASE T. Rowe Price Introduces cash flow management tool to Improve financial Behavior, Individual outcomes DoubleNet Pay provides retirement plan participants with automatic solution for financial wellness Baltimore: Dec. 12, 2017 News T.Rowe Price, an industry leader in retirement plan and investment services, today announced the integration of an online cash flow management tool, […]
DoubleNetPay Profiled by Atlanta Business Journal (7/21/2017) - An Atlanta startup that helps people save for emergencies has raised a $4 million seed investment from TTV Capital and Fuqua Investments.
Empower Retirement to Enhance Participant Experience with Innovative Cash Flow Management Solution (6/8/2016) - Company seeks to help employees pay bills and save for emergencies with new integrated service GREENWOOD VILLAGE, Colo., June 8, 2016 — Empower Retirement today is announcing plans to offer plan participants the ability to manage a greater portion of their finances when they go online to access their retirement account. Through a new […]
DoubleNet Pay to Present at FinovateSpring 2015 (4/1/2015) - FOR IMMEDIATE RELEASE Atlanta, GA – DoubleNet Pay has been selected to present at FinovateSpring 2015, May 12-13 at the City National Civic in San Jose, CA. DoubleNet Pay is a leading-edge financial wellness app that fully integrates with employer payroll providers to automatically pay employees’ bills and fund savings plans. “We’re thrilled to have […]
DoubleNet Pay Launches With Inclusion in ADP Marketplace (3/31/2015) - The following was published in MarketWatch and can be found here. New App Integrates With Employer Payroll Providers; Automatically Pays Employees’ Bills, Funds Savings ATLANTA, GA, Mar 31, 2015 (Marketwired via COMTEX) — DoubleNet Pay has launched a financial wellness app in the ADP Marketplace that fully integrates with employer payroll providers to pay employees’ […]
Brian Cosgray, CEO of DoubleNet Pay is Selected as an EBN Top 50 Benefit Technology Innovator (4/25/2016) - Brian Cosgray, CEO of DoubleNet Pay has been named as an EBN Top 50 Benefit Technology Innovator. DoubleNet Pay provides actionable financial wellness for employees to help them manage their cash flows and create emergency savings. 50 benefit technology innovators, part 1 The Dig|Benefits Technology Innovator Awards recognize 50 visionaries who are driving […]
DoubleNet Pay Wins 2014 Technology Association of Georgia FinTech Innovation Award (12/23/2014) - ATLANTA – TAG, FinTech, a financial technology industry special interest group of Technology Association of Georgia (TAG) announced that DoubleNet Pay is the winner of the first annual TAG FinTech CapVenture Innovation Award. DoubleNet Pay received a $50,000 cash grant to help the company grow. The TAG FinTech CapVenture Innovation Award was made possible by the collective […]