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The Source: Episode 1

The Problem With Neo-Payday Loans

What is The Source?

The Source is a monthly discussion of the regulatory landscape in the on-demand pay space. Join us every month for a new series of conversations that invites experts to explore and share insights on active and upcoming legislation, industry insights and news. This is your chance to understand the complexities and questions surrounding the on-demand pay industry and be a part of defining its future.

The Source: Episode 1

The Problem With Neo-Payday Loans

  • October 10, 2019

Welcome to The Source where DailyPay CEO   Jason Lee discusses the difference between complaint on-demand pay and neo-payday loans.

The Source: Episode 2

Constructive Receipt

  • November 13, 2019

On the surface “constructive receipt” sounds like an “inside baseball” term for accountants. But it’s not. Once a payroll payment is received by an employee, businesses become liable for taxes on that income, which can be a problem.




The Source: Episode 3

The 2020 Drama Unfolds

  • December 11, 2019

The upcoming year will be a reckoning for neo-payday loans, regulatory resolutions and legislative battles.

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Upcoming Featured Speaker

Gary Pearcy


Gary Pearcy

Vice President, Payment Operations at DailyPay

Gary Pearcy is Vice President, Payment Operations at DailyPay, overseeing core payment functions including new partner launches, daily settlement, risk management, payment partner/vendor management, and recovery activities.

Prior to joining DailyPay, Gary spent fourteen years at Wells Fargo leading various payments teams including his most recent stint as chief operating officer for Wells Fargo’s Merchant Services business unit.

Prior to joining Wells Fargo, Gary held various positions in technology and business development at General Electric. Gary is also a military veteran, having spent twelve years as an officer in the U.S. Army’s Aviation branch.


Michael Baer, CPP

Special Advisor, DailyPay

Jason Lee

CEO, DailyPay


Stephanie Salavejus, CPP

Vice President and COO PenSoft

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