This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: The cloud-based payments company BillingPlatform replaced its CEO last week, naming software executive Chris Bishop to the post, the firm said in a news release Thursday. Bishop, who most recently served as the chief customer officer at the software-as-a-service company Conga, will succeed long-time CEO Dennis Wall, who will remain on the board of d ...

Navan, Inc. provides an AI-powered software platform for travel, payments, and expense management, streamlining the travel lifecycle from booking to expense reconciliation.What was the market context during the purchases? Shares were acquired at a weighted average price of $15.83, spanning Dec. 22 through Dec. 29, 2025, with the stock closing at $16.50 on Dec. 29, 2025, providing a modest mark-to-market gain as of the transaction date close.How did the trade affect total insider capacity and future transact ...

Key Takeaways Nu Holdings grew customers to 127M in Q3 2025, adding 4M users while keeping activity above 83%.NU lifted currency-neutral revenues 39% year over year in Q3 to $4.2B as users adopted more products.Nu Holdings' tech-first model and everyday products lift ARPU and visibility without chasing risky.At this stage of its growth cycle, Nu Holdings’ (NU) most compelling differentiator is its improving revenue durability, the ability to transform a vast customer base into recurring, multi-product incom ...

Core Insights - Navan, a leading all-in-one business travel, payments, and expense management platform, will have its CEO Ariel Cohen participate in a fireside chat at the Needham Growth Conference on January 13, 2026 [1] - The presentation will start at 10:15am ET and will be available via live webcast and replay on Navan's investor relations website [1] - Navan management will also be available for one-on-one and small group meetings with investors during the conference [2] Company Overview - Navan simplifies business travel for frequent travelers by providing a comprehensive platform that includes flight and hotel bookings, automated expense reconciliation, and 24/7 support [3] - The platform is designed to deliver an intuitive experience that benefits both travelers and finance teams [3]

COLUMBUS, Ohio and HOUSTON and TUPELO, Miss., Jan. 6, 2026 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) ("Huntington") and Cadence Bank (NYSE: CADE); ("Cadence") jointly announced that Cadence's shareholders have approved the proposed merger of Cadence into The Huntington National Bank and that Huntington's shareholders have approved the issuance of shares of Huntington's common stock in connection with the proposed merger at their respective special shareholder meetings held today. "T ...

With three consecutive buys, the Silicon Valley VC firm signaled its confidence in the travel-tech platform. Andreessen Horowitz, a 10% owner of Navan (NAVN 5.24%), bought 692,395 additional shares of the company in open-market transactions from Dec. 17, 2025 through Dec. 19, 2025 for a total value of ~$9.4 million, according to the SEC Form 4 filing.NASDAQ : NAVNNavanToday's Change( -5.24 %) $ -0.90Current Price$ 16.18Key Data PointsMarket Cap$4.2BDay's Range$ 16.12 - $ 17.3052wk Range$ 11.76 - $ 25.00Volu ...

The PNC Financial Services Group, Inc. (NYSE:PNC) is included among the 10 Cash-Rich Stocks to Buy Now. Keefe Bruyette Lifts Price Target on PNC After Management Meetings On December 17, Keefe Bruyette raised its price target on The PNC Financial Services Group, Inc. (NYSE:PNC) to $228 from $215 and kept a Market Perform rating on the stock. The firm updated its estimates after recent conference discussions and meetings with management. A few days earlier, on December 12, the company said it had receive ...

Core Viewpoint - Truist, formed from the merger of BB&T and SunTrust in 2019, has struggled to achieve promised efficiencies and returns, with stock performance reflecting investor dissatisfaction [2][9]. Company Overview - Truist was established through the merger of two regional banks, BB&T and SunTrust, which had assets between $200 billion and $230 billion at the time of the merger announcement [7]. - The merger aimed to create a new brand and deliver best-in-class efficiency and returns [1]. Performance Metrics - Truist's initial promises included an efficiency ratio of 51% and a return on tangible common equity (ROTCE) of 22%. However, the bank's recent performance showed an adjusted efficiency ratio of 55.7% and an ROTCE of 13.6% [8]. - Over the past five years, Truist's stock has only increased by approximately 7%, indicating underperformance compared to market expectations [2]. Challenges of Mergers - Mergers in the banking sector often face challenges such as destroying tangible book value (TBV) and the complexities of integrating different corporate cultures and legacy systems [4][6]. - Regulatory and execution risks are significant, and revenue synergies may not always materialize as anticipated [6]. Comparison with Competitors - Bank of America is highlighted as a more favorable investment option, boasting a ROTCE of over 15.4% and a strong retail deposit base [11]. - Despite being more expensive on a price-to-tangible book basis, Bank of America is seen as a safer bet due to its diversified services and potential for growth [12]. Future Outlook - Bank of America is expected to recover its TBV as low-yielding bonds mature and is positioned to benefit from deregulation, which may enhance lending capacity and shareholder distributions [14].

CHARLOTTE, N.C., Dec. 23, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report fourth quarter 2025 financial results before the market opens on Wednesday, January 21, 2026. Chairman and Chief Executive Officer Bill Rogers and Chief Financial Officer Mike Maguire will host a conference call to review the company's financial results at 8 a.m. ET. Investors can access the live earnings call by webcast or dial-in as follows: Live webcast for listeners: https://app.webinar.net/xOqjwYK80mY D ...

Core Viewpoint - Huntington Bancshares Incorporated and Cadence Bank have received all necessary regulatory approvals for their merger, which is set to close on February 1, 2026, pending shareholder approvals and customary closing conditions [2]. Company Overview Huntington Bancshares Incorporated - Huntington is a regional bank holding company with assets totaling $223 billion, headquartered in Columbus, Ohio. It offers a wide range of banking, payments, wealth management, and risk management services [3]. - The company operates over 1,000 branches across 14 states, serving consumers, small and middle-market businesses, corporations, and municipalities [3]. Cadence Bank - Cadence Bank is a regional bank with assets of $53 billion, operating more than 390 locations primarily in the South and Texas. It provides comprehensive banking, investment, trust, and mortgage services [4]. - The bank has been recognized as one of the nation's best employers and as one of America's Best Banks for 2025 by Forbes [4].