Newswire Summaries
Huntington Bancshares Inc. to acquire Cadence Bank
Monday, October 27, 2025 16:37:47 (UTC)
COLUMBUS, Ohio and HOUSTON and TUPELO, Miss., Oct. 27, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced it has entered into a definitive agreement to acquire Cadence Bank, a $53 billion regional bank headquartered in Houston, Texas and Tupelo, Mississippi. Huntington Cadence Huntington Cadence With more than 390 locations across Texas and the South, the addition of Cadence marks a significant milestone in Huntington's strategic growth. The partnership, ...
ISX Financial EU appoints Ajay Treon to Board of Directors as Executive Director
Monday, October 27, 2025 16:36:11 (UTC)
NICOSIA, Cyprus, Oct. 27, 2025 /PRNewswire/ -- ISX Financial EU Plc ("ISXX"), an EEA-authorised Electronic Money Institution and banktech provider of transactional banking and real-time payments across Europe and the UK, is pleased to announce the appointment of Mr. Ajay Treon, Group Chief Financial Officer, as an Executive Director on the Company's Board of Directors. The appointment follows a non-objection by the Eurosystem Central Bank of Cyprus, home regulator of ISXX. With an impressive ...
HSBC selects ValidiFI to power next-gen bank account validation, fraud monitoring
Monday, October 27, 2025 16:34:26 (UTC)
ALPHARETTA, Ga., Oct. 27, 2025 /PRNewswire/ -- ValidiFI, Inc., a leader in predictive bank account and payment intelligence today announced that HSBC, one of the world's largest banking and financial services organizations, has chosen ValidiFI's advanced account validation and risk detection solutions to enhance the integrity of bank accounts used to pay credit card balances. This collaboration reflects HSBC's forward-looking approach to payment security, leveraging ValidiFI's advanced data inte...
Loon raises $3M to build Canada's regulated digital dollar, acquires CADC Stablecoin
Monday, October 27, 2025 16:32:11 (UTC)
CALGARY, AB, Oct. 27, 2025 /PRNewswire/ -- Loon, a Canadian stablecoin company, today announced it has raised $3 million CAD in pre-seed financing to develop a Canadian-dollar-backed stablecoin designed to operate under Canadian regulation. Loon has also acquired the CADC stablecoin, launched in 2021 by Paytrie with over $200M in volume transacted, and will assume responsibility as its new issuer. CADC - Canadian dollar backed stablecoin CADC - Canadian dollar backed stablecoin The pre-seed...
MeetKai, Accell to bring advanced AI to ALVA, Super App across LATAM
Monday, October 27, 2025 16:30:35 (UTC)
LOS ANGELES, Oct. 27, 2025 /PRNewswire/ -- MeetKai Inc., a leading sovereign AI company, today announced a strategic partnership with Accell Technologies to integrate MeetKai Brasil's Brazilian Portuguese and MeetKai's Spanish Reasoning Models into ALVA, Accell's flagship platform and Super App. This collaboration will make state-of-the-art AI capabilities available to millions of users across Latin America. By integrating MeetKai's multilingual reasoning models—built specifically for local...
BofA's AI-driven CashPro Chat, Transaction Search reach record corporate usage
Monday, October 27, 2025 16:10:41 (UTC)
NEW YORK, LONDON and SINGAPORE, Oct. 27, 2025 /PRNewswire/ -- Bank of America today announced record-breaking adoption of its AI-driven CashPro® Chat and transaction search capabilities as corporate clients increasingly turn to real-time insights and operational efficiency in treasury management. Video message from Abbey Novack, CashPro Service Product Executive in Global Payments Solutions (GPS) at Bank of America Video message from Abbey Novack, CashPro Service Product Executive in Global...
LegitScript acquires Kompliant to redefine merchant underwriting, monitoring
Monday, October 27, 2025 16:06:53 (UTC)
PORTLAND, Ore. – October 27, 2025 – LegitScript, the leader in merchant and product certification and monitoring, today announced the acquisition of Kompliant, a leading compliance orchestration platform for banks and financial services providers. This strategic move unites LegitScript’s comprehensive risk monitoring, which blends cutting-edge AI, unparalleled human expertise, and unmatched market intelligence, with Kompliant’s automated full-lifecycle compliance solution. For over...
i2c marks 25 years of firsts—accelerating next-gen banking, payments innovation
Monday, October 27, 2025 16:02:43 (UTC)
REDWOOD CITY, Calif.--(BUSINESS WIRE)--i2c Inc., a global financial technology innovator, proudly marks its 25th anniversary, celebrating a quarter-century of innovation, trust, and transformation. Over the past year, i2c has continued its upward trajectory, forging strategic partnerships, launching groundbreaking products, and earning prestigious industry accolades—all powered by its unified platform, configurable solutions, and trusted industry ingenuity. “At i2c, we’ve always believe...
Worldpay unveils patent-pending AI-powered 3D Secure optimization service
Monday, October 27, 2025 16:00:58 (UTC)
New service helps merchants boost approval rates, capture more revenue without added integration or consumer friction CINCINNATI, October 27, 2025 – Worldpay® today announced the launch of its innovative Authentication Optimization Service, a patent-pending solution designed to maximize payment approval rates and minimize unnecessary friction for merchants using 3D Secure (3DS) to authenticate payments. This service is widely available to merchants that accept payments in non-3DS regulated...
Chargebacks911 launches first Disputes-as-a-Service platform
Monday, October 27, 2025 15:58:24 (UTC)
TAMPA, Fla., October. 27, 2025 — Chargebacks911 and its sister company, Fi911, announced the official launch of their Unified Dispute Management System (UDMS)—the first Disputes-as-a-Service (DaaS) platform of its kind that unifies dispute-related data and workflows, providing a configurable interface for merchants, acquirers, payfacs, fintechs, issuers, and their customers, through a single-source platform. UDMS eliminates the industry’s long-standing data silos, providing real-time trans...
