[Global] Check launches new tools to simplify embedded payroll

Embedded payroll provider Check has announced the release of three new tools to make launching payroll easier for software platforms, Fintech Nexus reports.

Check was founded by Andrew Brown in 2019. It offers a white-label payroll platform for companies wanting to offer a paid payroll product to their customers; a way for companies to monetise a customer base with a new revenue stream.

Check reportedly built the complex payroll infrastructure to create a platform that can be used by any software or staffing platform.

According to Fintech Nexus, embedded finance is one of fintech’s leading trends. First came embedded credit cards, then payments, lending, bank accounts, insurance and investing and now embedded payroll.

The three new offerings Check has announced are:

• Credit and fraud protection
• Embedded setup
• Embedded support
  
  

These innovations are reportedly intended to make it easier for companies to offer embedded payroll. 

Andrew Brown - Check’s founder and CEO - told Peter Renton from Fintech Nexus that these new products arose out of customer demand. 

“Payroll is an overlooked part of fintech because it is so big and complicated. We are just now getting to a point where technology innovation is coming to payroll,” Mr Brown said.

Check is the first company to offer these three components in a white-label payroll system. 

Mr Brown reportedly sees this as the way of the future and believes “that one day there is going to be tens of millions of people paid using an embedded payroll system.”

Source: Fintech Nexus

(Quotes via original reporting) 

Embedded payroll provider Check has announced the release of three new tools to make launching payroll easier for software platforms, Fintech Nexus reports.

Check was founded by Andrew Brown in 2019. It offers a white-label payroll platform for companies wanting to offer a paid payroll product to their customers; a way for companies to monetise a customer base with a new revenue stream.

Check reportedly built the complex payroll infrastructure to create a platform that can be used by any software or staffing platform.

According to Fintech Nexus, embedded finance is one of fintech’s leading trends. First came embedded credit cards, then payments, lending, bank accounts, insurance and investing and now embedded payroll.

The three new offerings Check has announced are:

• Credit and fraud protection
• Embedded setup
• Embedded support
  
  

These innovations are reportedly intended to make it easier for companies to offer embedded payroll. 

Andrew Brown - Check’s founder and CEO - told Peter Renton from Fintech Nexus that these new products arose out of customer demand. 

“Payroll is an overlooked part of fintech because it is so big and complicated. We are just now getting to a point where technology innovation is coming to payroll,” Mr Brown said.

Check is the first company to offer these three components in a white-label payroll system. 

Mr Brown reportedly sees this as the way of the future and believes “that one day there is going to be tens of millions of people paid using an embedded payroll system.”

Source: Fintech Nexus

(Quotes via original reporting)