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In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [11] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
Square Payroll allows small business owners to process payroll. [60] The product is available in the United States. It automatically handles withholding, payments, and tax filings. [37] As of 2015, Square Payroll charges sellers a monthly fee of $20 plus $5 for each employee paid. [61] Square offers virtual and physical gift cards.
Broadridge was founded in 1962 [5] as ADP Brokerage Services Group, [9] a business unit [6] of the American payroll processing company Automatic Data Processing (ADP). [5] Operating as ADP's shareholder communications division, [10]: 27 [11] it initially served one client by processing an average of 300 trades per night. [9]
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In 2013 and again in 2014 Trustwave SpiderLabs did an analysis of primary Pony botnet controllers. The results of the analysis found that the botnets had gathered more than two million passwords and credentials for accounts on ADP payroll, Facebook, Twitter, Yahoo and more, [17] and over US $220,000 in crypto-currency like Bitcoin.
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Dayforce, formerly Ceridian, [3] is a descendant of Control Data Corporation (CDC). In 1992, Ceridian Corporation was founded as an information services company from the restructuring of CDC, a computer services and manufacturing company founded in 1957.