As financial services are embedded in more and more digital environments, the ways in which HR teams handle payroll management continue to evolve.

AccessPay, the leading provider of bank integration, today announced the addition of Confirmation of Payee (CoP) and Sanctions Screening capabilities to its Fraud & Error Prevention Suite, launched in 2023. The new capabilities will enable finance teams to avoid fraudulent and non-authorized payments and accidental misdirection of funds. They will also ensure compliance in an increasingly complex regulatory landscape.

Global cross-border payments company, Thunes, has today expanded an ambitious tree-planting initiative with its partner, Handprint, an Impact-as-a-Service company.

Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.

Torpago, a commercial credit card and spend management provider, Marqeta, a strategic partner of Torpago and the global modern card issuing platform, and Sunwest Bank, a leading entrepreneurial business bank, announce the launch of Sunwest Visionary Card, Sunwest’s commercial credit card and expense management solution.

Neo, the open-source, community-driven platform where developers are building the Smart Economy, announced that it has officially opened its Hong Kong office, expanding its presence in the emerging blockchain hub. Located within Cyberport, Hong Kong’s leading digital tech and Web3 hub, the new office will be at the forefront of Neo’s drive to realize the Smart Economy and will serve as a base to support Hong Kong’s leading Web3 developer talent and promote investment in the region.

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh's position as a leading player in embedded finance and highlights PayPal's commitment to fostering innovation in the digital payments landscape.

CarbonPool, set to be the world’s first insurance company with a carbon credit balance sheet, has closed a CHF 10.5 million ($12 million) funding round.

Founded by former Allianz executives Coenraad Vrolijk, Nandini Wilcke and Frederic Olbert, CarbonPool aims to accelerate investment in carbon credits, which are crucial to achieving net zero, by providing carbon credit insurance with claims payments made in-kind.