Suncorp Bank has launched a transaction account with “carbon insights”. The account estimates the carbon emissions of purchases, based on the average carbon emissions produced by the industry involved in the purchase. The bank and its personal transaction accounts are certified carbon neutral by Climate Active. The Carbon Insights Account was developed in partnership with carbon footprint management fintech Cogo. Buy now pay later company Laybuy continues to scale back its operations, announcing that that it reached agreement with its UK funder Partners for Growth to reduce its facility limit from £30 million to £20 million. “The debt facility better aligns with our revised requirements for the UK market,” the company said. In July, the company announced that it would cut its UK headcount by one-third after an unsuccessful attempt to sell the business. Its September quarter update shows a 7.8 per cent quarter-on-quarter fall in transaction value and a 5.7 per cent fall in active customer numbers.