What is the OnePay Workday Wellness partnership?

OnePay embeds its banking, investing, and credit tools into Workday's HR and benefits platforms, reaching 65% of Fortune 500 employees for smoothly financial wellness.

How does Enhanced Direct Deposit Switching work?

EDDS lets workers instantly switch paycheck deposits in their employer's portal — no manual numbers, instant setup, secure and fast.

Will OnePay replace traditional banks for employees?

Not fully, but it makes digital banking the default path via payroll, potentially shifting billions in deposits with zero extra effort.

🏦 Digital Banking

OnePay Infiltrates Workday: Banking Tools Hit 65% of Fortune 500 Payrolls

Imagine your paycheck rerouting itself instantly — no forms, no hassle. OnePay's new tie-up with Workday Wellness makes that real for millions at top employers.

theAIcatchup Apr 09, 2026 4 min read

OnePay and Workday Wellness logos integrated with banking icons in an HR dashboard

⚡ Key Takeaways

OnePay integrates banking tools into Workday Wellness, used by 65% of Fortune 500, turning passive benefits into active engagement. 𝕏
Enhanced Direct Deposit Switching (EDDS) enables instant paycheck rerouting, boosting OnePay's customer acquisition and deposits. 𝕏
This partnership mirrors the 401(k) revolution, embedding fintech into payroll for massive behavior change. 𝕏

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theAIcatchup

Markets. Money. Innovation.

#EDDS #OnePay #Workday Wellness #financial wellness

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Originally reported by Finovate

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