Pinwheel doesn’t just deliver earnings data and leave it up to you to complete the rest of the puzzle. We provide insights into your customer’s income.
With these insights, you can reduce risk, boost engagement, power new financial products, and lower acquisition costs.
A single API that estimates earned wages, displays historical cash flows, and projects future income and pay dates
Works at Amazon
Net pay rate:
Net accrued earnings this cycle:
Net projected earnings this cycle:
Earnings paid out on:
Based on real-time shifts and paystubs data.
Based on comprehensive income history including paystub data, historical pay and shift work.
Backtested against your customer’s full income history and the data in Pinwheel's platform.
Easily implemented drop-in UX module that can replace 6+ months of work.
Past
Actual historical cash flows
Taylor has worked at Amazon for 6 months and worked at Target the 6 months prior.
Present
Accrued earnings
Wages the customer has earned so far in the current pay period. Pinwheel calculates accrued earnings by using real-time shifts and paystubs data provided by our market-leading connectivity to 1600+ payroll platforms and 20+ time & attendance platforms.
$671
total for this week
In the last 4 days, Taylor has worked 6 shifts. Based on his accrued earnings, he is owed $671.
Future
Projected earnings and pay dates
Based on scheduled future shifts and current unpaid shifts we can project future earnings (gross pay minus taxes and contributions) for the current pay cycle.
$322
projected to make
We can project Taylor’s future earnings to be $322 by April 15th.
Future
Projected earnings and pay dates
We can project upcoming earnings based on comprehensive paystub data and historical pay.
Apr 15
paycheck date
Taylor is projected to receive another paycheck in 4 days on 4/15.
$671 + $322
Taylor is projected to receive a total of $993 in his April 15 paycheck
With an unparalleled overview of income data, Earnings Stream allows you to develop products that are tailor-made for your customers.
Confidently pay customers early, with accrued and projected earnings data
Provide loans to more customers based on their detailed earnings, not only their FICO or credit score
Increase a credit card limit based on historical earnings
Help a customer spend and plan wisely based on their accrued and projected earnings
Prevent loan delinquency by actively monitoring accrued earnings
There’s no limit to how Earnings Stream can support financial service providers
Confidently pay customers early, with accrued and projected earnings data
Provide loans to more customers based on their detailed earnings, not only their FICO or credit score
Increase a credit card limit based on historical earnings
Help a customer spend and plan wisely based on their accrued and projected earnings
Prevent loan delinquency by actively monitoring accrued earnings
There’s no limit to how Earnings Stream can support financial service providers
77%
of customers1
said that they would use an earned wage access service if offered by their bank.
20–40%
credit loss reduction2
by using credit decision models that can more precisely predict a customer's default risk.
Pinwheel is the industry’s first and only CRA which means income data provided can be confidently used for credit and risk underwriting decisioning purposes.
Pinwheel is the only provider that connects to both 1600 payroll platforms & the top 20 T&A systems covering 80% of US workers.
Pinwheel offers a real-time view into actual earnings based on if the user clocked in and out of their shift. We also provide access to past and future earnings as well.
Stay up to date with your customers’ Earnings Stream and gain ongoing visibility into any changes with the help of our monitoring products.
Get in touch to explore Pinwheel’s solutions across direct deposit switching, income and employment verification, earned wage access, and more.
Request demo