Press Releases
Papaya Global announced a strategic partnership with Fragomen, combining Papaya's global workforce and payroll technology with Fragomen's immigration service capabilities to provide enterprises with a unified cross-border talent management experience. Following the collaboration, Papaya customers can directly access Fragomen's immigration intelligence within its country knowledge base, covering key information such as immigration requirements, labor laws, and compliance rules.
Cox Enterprises announced executive leadership changes on May 14, 2026: current President and Chief Financial Officer Dallas Clement will transition to President and Chief Operating Officer, and Cox Communications Executive Vice President and Chief Financial Officer Perley McBride will succeed as Chief Financial and Administrative Officer of Cox Enterprises. Both will officially assume their new roles this summer and will continue to report to Chairman and Chief Executive Officer Alex Taylor.
The Infocomm Media Development Authority (IMDA) of Singapore released the Agentic AI Model Governance Framework (Version 1.5) on May 20, 2026, and Dayos Pte. Ltd. was selected among 14 industry cases. The case focuses on the retirement process of Dayos's own ServiceNow ITSM instance—completed in 45 days, reducing annual licensing costs by $121,000. Dayos founder Brad McElhannon stated that the framework provides financial leaders with technical standards for identifying AI vendors with true agentic capabilities.
GroundTruth announced the launch of Dynamic Intent Prediction, the first large-scale commercial deployment of ZeroToOne.AI's Large Behavior Model (LBM). Developed by AI researchers recruited from Carnegie Mellon University, the model refreshes predictions daily, covering purchase windows from 24 hours to 30 days, and has already achieved significant results with global restaurant and automotive brands.
CloudZero announced the launch of an AI financial control plane, helping finance, IT, and engineering teams link every AI expenditure to business outcomes in real time. The platform extends CloudZero's capabilities beyond cloud cost management, tackling the core challenge of the AI era—what returns AI investments actually generate.
Papaya Global has been named to FXC Intelligence's 2026 Top 100 Cross-Border Payment Companies list. The ranking is based on rigorous analysis of payment volume, geographic coverage, product capabilities, and market influence. Papaya processes workforce payments for over 2,500 enterprise clients across more than 180 countries, with its payment infrastructure embedded within a complete workforce compliance and payroll engine.
TFY (Transformify Ltd) announced on June 1, 2026, the expansion of its partnership with Paysend, significantly increasing the card scheme network supported for contractor payroll and supplier payments, including Visa, Mastercard, Uzcard, Humo, Elcart, and UnionPay, aiming to help businesses eliminate SWIFT intermediary fees and achieve faster, more secure cross-border payments.
Raindrop Systems announced on June 3, 2026, that Lloyd's Register (LR) has selected its AI-native Source-to-Pay platform to upgrade sourcing and contract management processes. LR valued Raindrop's overall performance in procurement scenario fit, ease of use, service quality, and AI capabilities to support its cross-regional, multilingual contract governance and strategic procurement transformation.
Personiv's latest annual report shows that finance and accounting teams are accelerating their transition to a hybrid model, with AI and automation significantly improving efficiency and reducing staffing needs, while outsourcing has become the mainstream way to fill talent gaps.
Equitas Strategic Partners, headquartered in Franklin, Tennessee, has acquired McBride Accounting, a tax, accounting, and business advisory firm serving the Atlanta metro area. The deal merges day-to-day accounting, tax strategy, and forward-looking financial advisory under one roof, with McBride's brand retired and its founder Veronique McBride remaining active. The acquisition adds in-house tax planning for Equitas clients and broader advisory capabilities for former McBride clients.