It's hard to make 100% timeliness guarantees when the courier that's carrying money from one place to another dies on its way. How would they have a redundant courier?
This wouldn’t work in reality, but the only thing I can think of that would work in theory is to send the money close but not all the way at 3x delivery time. Like, to their bank but they don’t give the money to the customer until payday. If it fails, you have time to resend. You can’t just deliver early because that becomes the expectation (ie we get paid on Tuesday). Again, not suggesting this is reality.
That seems like a reasonable precaution, but it doesn't seem clear that would have helped much in this case.
SV bank had the funds this morning and says the paychecks are going out, FDIC comes in at noon Rippling heard that checks haven't gone out in the afternoon, and now JPMorgan has the info and is overnight processing.
