{"id":21077,"date":"2021-08-10T14:50:24","date_gmt":"2021-08-10T18:50:24","guid":{"rendered":"https:\/\/www.dailypay.com\/?page_id=21077"},"modified":"2021-09-10T15:13:16","modified_gmt":"2021-09-10T19:13:16","slug":"aite-report","status":"publish","type":"page","link":"https:\/\/www.dailypay.com\/aite-report\/","title":{"rendered":"Aite Report"},"content":{"rendered":"<style>header {display: none;}body {padding-top: 40px;}<\/style>\n<div class=\"landing-page-logo-container\">\n<div class=\"landing-page-logo-container-inner\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/aite-logo.png\" alt=\"\"><\/div>\n<\/p><\/div>\n<section class=\"landing-section-padding white-bg-sec\">\n<div class=\"landing-section-inner\">\n<div class=\"product-hero-sec\">\n<div class=\"product-hero-text\">\n<h1 class=\"margin-disable\">DailyPay is a PayDay Loan Killer and an Overdraft Eliminator<\/h1>\n<p class=\"product-desc-text\" style=\"max-width: 550px;\">DailyPay recently partnered with Aite-Novarica Group to conduct research on its on-demand pay customer base to determine the impact that on-demand pay, provided by DailyPay, has on their financial wellness. Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy and operations to hundreds of banks, insurers, payments providers and investment firms.<\/p>\n<p class=\"product-btn\"><a href=\"\/wp-content\/uploads\/dailypay-use-and-outcomes-aite-report.pdf\" target=\"_blank\" class=\"product-btn-link\" rel=\"noopener\">Read Research Summary<\/a><\/p>\n<\/p><\/div>\n<div class=\"product-hero-image\">\n     <img decoding=\"async\" src=\"\/wp-content\/uploads\/aite-dash.png\" alt=\"\">\n    <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<section class=\"landing-section-padding grey-bg-sec\">\n<div class=\"landing-section-inner \">\n<div class=\"text-image-wrap full-service-wrap\" style=\"align-items: inherit;\">\n<div class=\"inner-text-wrap full-service-mobile-class\">\n<p class=\"breadcrum\" style=\"font-size: 14px;\"><strong>PAYDAY LOANS<\/strong><\/p>\n<h2 class=\"text-caps dp-font-40 max-400 margin-disable\">DailyPay is a Payday Loan Killer<\/h2>\n<p style=\"max-width: 390px;\">Aite-Novarica Group determined that employees who use DailyPay either stop or significantly reduce their use of payday loans.<\/p>\n<p class=\"mt30\"><a href=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/AITE-research-infographic.pdf\" class=\"dp-blue-no-style-btn\">Download our infographic to learn more <i class=\"fas fa-chevron-right f13\"><\/i><\/a><\/p>\n<div class=\"full-service-content-boxes\">\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">95%<\/p>\n<p class=\"dp-desc-width-250px\">of DailyPay users stopped using payday loans (81%) or reduced use (15%) after access to DailyPay.<\/p>\n<\/p><\/div>\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">88%<\/p>\n<p class=\"dp-desc-width-230px\">of users credit DailyPay for reducing or eliminating their use of payday loans.<\/p>\n<\/p><\/div>\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">$624-$930<\/p>\n<p class=\"dp-desc-width-230px\">Aite-Novarica Group conservatively estimates that frequent payday loan users save between $624-$930 annually using DailyPay.<\/p>\n<\/p><\/div>\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">$361<\/p>\n<p class=\"dp-desc-width-230px\">An average of $361 is saved annually across the entire spectrum of payday borrowers.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"inner-image-wrap image-right-wrap dp-ver-center dp-ver-align-center-img \" style=\"margin-top: 0px;\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/aite-3.png\" alt=\"\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<section class=\"landing-section-padding white-bg-sec\">\n<div class=\"landing-section-inner \">\n<div class=\"text-image-wrap full-service-wrap mobile-reverse-column\" style=\"align-items: inherit;\">\n<div class=\"inner-image-wrap dp-ver-center dp-ver-align-center-img \" style=\"margin-top: 0px;\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/aite-1.png\" alt=\"\"><\/div>\n<div class=\"inner-text-wrap full-service-mobile-class\">\n<p class=\"breadcrum\" style=\"font-size: 14px;\"><strong>OVERDRAFT FEES<\/strong><\/p>\n<h2 class=\"text-caps dp-font-40 max-400 margin-disable\">DailyPay is an Overdraft Eliminator<\/h2>\n<p class=\"max-400 margin-disable\" style=\"max-width: 400px;\">Aite-Novarica Group\u2019s research also found that employees who use DailyPay incurred fewer account overdraft fees.<\/p>\n<p class=\"mt30\"><a href=\"https:\/\/www.dailypay.com\/blog\/research-finds-that-dailypay-is-a-payday-loan-killer-and-overdraft-eliminator\/\" class=\"dp-blue-no-style-btn\">Read our blog to learn more <i class=\"fas fa-chevron-right f13\"><\/i><\/a><\/p>\n<div class=\"full-service-content-boxes\">\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">97%<\/p>\n<p class=\"dp-desc-width-250px\">of DailyPay users overdraw their account rarely\/never (79%) or less (18%) after access to DailyPay.<\/p>\n<\/p><\/div>\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">75%<\/p>\n<p class=\"dp-desc-width-230px\">of users credit DailyPay for reducing or eliminating the occurrence of overdraft fees.<\/p>\n<\/p><\/div>\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">$660<\/p>\n<p class=\"dp-desc-width-220px\">Aite-Novarica Group conservatively estimates that frequent overdrafters save $660 annually using DailyPay.<\/p>\n<\/p><\/div>\n<div class=\"full-services-box\">\n<p class=\"heading-text\" style=\"margin-bottom: 10px;font-size: 25px !important;\">$292<\/p>\n<p class=\"dp-desc-width-250px\">An average of $292 is saved annually across the entire spectrum of overdrafters.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<section class=\"sec-with-big-img-right grey-bg-sec\">\n<div class=\"sec-with-big-img-right-inner\">\n<div class=\"sec-with-big-img-text\">\n<div class=\"text-wrap-big-img\">\n<h2 class=\"dp-font-40 mt0\">Watch Aite-Novarica Group\u2019s On-Demand Webinar<\/h2>\n<p class=\"mt0 f16\" style=\"\"> Aite-Novarica Group recently partnered with DailyPay to conduct research on its customer base to understand the strategies they used before DailyPay; whether DailyPay allowed these customers to avoid costly alternatives, such as payday loans and overdraft fees; and their perceptions of how their overall financial circumstances changed.<\/p>\n<p class=\"f16\" style=\"\">Watch to learn from DailyPay Vice President of Public Policy Matthew Kopko and Aite-Novarica Group senior analyst Leslie Parrish about this growing market and the findings of the survey.<\/p>\n<p class=\"mt30 mb0\"><a href=\"\/aite-webinar\/\" class=\"dp-blue-no-style-btn\" rel=\"noopener\">Watch On-Demand Webinar <i class=\"fas fa-chevron-right f13\"><\/i><\/a><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"sec-with-big-img-box\">\n    <img decoding=\"async\" src=\"\/wp-content\/uploads\/aite-2.png\">\n   <\/div>\n<\/p><\/div>\n<\/section>\n<section class=\"product-sec-padding navy-bg-sec\">\n<div class=\"inner-wrap-padding\">\n<div class=\"text-image-column\">\n<div class=\"text-side-column max-700\">\n<h2 class=\"text-center white-text max-550\" style=\"width: 100%\">\n      DailyPay Contributes to Financial Well-Being<br \/>\n     <\/h2>\n<p class=\"text-center white-text\" style=\"line-height: 24px;margin: auto;max-width: 600px;\">At least three-quarters of respondents report worrying about money less and being better able to plan and budget since using DailyPay. Frequent users and those who previously used payday loans and\/or incurred overdraft fees state that they are more likely to report benefits than their peers.<\/p>\n<p class=\"text-center pt40\" style=\"width: 100%\">\n      <a href=\"\/demo\/\" class=\"dp-btn-normal btn-white-blue\" style=\"margin: auto;font-weight: 600;border: none;\">Speak to a Specialist<\/a>\n     <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>DailyPay is a PayDay Loan Killer and an Overdraft Eliminator DailyPay recently partnered with Aite-Novarica Group to conduct research on its on-demand pay customer base to determine the impact that on-demand pay, provided by DailyPay, has on their financial wellness. Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy and operations<a class=\"read-more\" href=\"https:\/\/www.dailypay.com\/aite-report\/\">Read More<\/a><\/p>\n","protected":false},"author":71,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"tags":[],"class_list":["post-21077","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Aite Report - DailyPay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailypay.com\/aite-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aite Report\" \/>\n<meta property=\"og:description\" content=\"DailyPay is a PayDay Loan Killer and an Overdraft Eliminator DailyPay recently partnered with Aite-Novarica Group to conduct research on its on-demand pay customer base to determine the impact that on-demand pay, provided by DailyPay, has on their financial wellness. Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy and operationsRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dailypay.com\/aite-report\/\" \/>\n<meta property=\"og:site_name\" content=\"DailyPay\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dailypay\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-10T19:13:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/aite-og-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/aite-og-image.jpg\" \/>\n<meta name=\"twitter:site\" content=\"@dailypay\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Aite Report - DailyPay","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.dailypay.com\/aite-report\/","og_locale":"en_US","og_type":"article","og_title":"Aite Report","og_description":"DailyPay is a PayDay Loan Killer and an Overdraft Eliminator DailyPay recently partnered with Aite-Novarica Group to conduct research on its on-demand pay customer base to determine the impact that on-demand pay, provided by DailyPay, has on their financial wellness. Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy and operationsRead More","og_url":"https:\/\/www.dailypay.com\/aite-report\/","og_site_name":"DailyPay","article_publisher":"https:\/\/www.facebook.com\/dailypay","article_modified_time":"2021-09-10T19:13:16+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.dailypay.com\/wp-content\/uploads\/aite-og-image.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_image":"https:\/\/www.dailypay.com\/wp-content\/uploads\/aite-og-image.jpg","twitter_site":"@dailypay","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.dailypay.com\/aite-report\/","url":"https:\/\/www.dailypay.com\/aite-report\/","name":"Aite Report - DailyPay","isPartOf":{"@id":"https:\/\/www.dailypay.com\/#website"},"datePublished":"2021-08-10T18:50:24+00:00","dateModified":"2021-09-10T19:13:16+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.dailypay.com\/aite-report\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.dailypay.com\/#website","url":"https:\/\/www.dailypay.com\/","name":"DailyPay","description":"Earned Wage Access Provider - DailyPay","publisher":{"@id":"https:\/\/www.dailypay.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.dailypay.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.dailypay.com\/#organization","name":"DailyPay","url":"https:\/\/www.dailypay.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.dailypay.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-logo.svg","contentUrl":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-logo.svg","width":157,"height":39,"caption":"DailyPay"},"image":{"@id":"https:\/\/www.dailypay.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/dailypay","https:\/\/x.com\/dailypay","https:\/\/www.instagram.com\/trydailypay\/","https:\/\/www.linkedin.com\/company\/dailypay-inc\/","https:\/\/www.youtube.com\/channel\/UCOHcuqx2v4Yqpm1bdt1AMWA"]}]}},"_links":{"self":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/pages\/21077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/comments?post=21077"}],"version-history":[{"count":0,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/pages\/21077\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/media?parent=21077"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/tags?post=21077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}