
Trintech Builds on Record-Breaking FY25 with Accelerated Global Growth and AI Innovation in Q1 FY26
DALLAS , May 29, 2025 /CNW/ -- Trintech, the global leader in AI Financial Close solutions for the Office of Finance, announced today continued global growth and expansion in Q1 FY26 following a record-breaking FY25 (ended January 31, 2025 ). Driven by market-driven innovation and an unyielding commitment to customer and partner success, Trintech's solutions continue to deliver transformative results related to AI Financial Close —streamlining, automating, and accelerating the reconciliation and financial close process for organizations of all sizes.
"Our strong Q1 results highlight Trintech's commitment to innovation, customer success, and global growth," said Darren Heffernan , CEO of Trintech. "With new customer wins, expanded deployments, AI-driven advancements, and new offices in India , we're proud of the momentum we've built. Our growing partnership with Workday is unlocking new value for joint customers, and we're excited by the market's response. Trintech also continues to lead in the banking and financial services industry, where our ability to automate complex processes—such as high-volume daily matching—helps some of the world's most demanding organizations modernize and scale with confidence."
Trintech's focus on cultivating a game-changing partner ecosystem continues to deliver. With an amplified focus on our partnership with Workday --the world's fastest growing ERP provider, driven by AI—Trintech continues to help new and existing joint customers unlock ROI with best-in-class reconciliation and financial close processes.
"One of our main goals in looking for a solution was simply to get our reconciliation activities into a database or solution (rather than Excel), but we also use a three-way match system, so there's a lot of intricate data points and factors to consider, as well. We saw demos of a few other solutions, but Trintech's matching capabilities are unmatched. No other solution on the market compares to how we can match with Trintech." – CNG Holdings
"We regularly have 200,000+ transactions every month, but during our busy season we'll ramp up to over a million credit card transactions a month. Leveraging automation has been a huge help in managing this volume, for both transaction matching and balance sheet reconciliations." – H&R Block
"Workday has served us well as our ERP. Their partnership with Trintech is a huge plus for data management and we're excited to further integrate the systems to further optimize our financial processes." - Enova
Reinforcing its commitment to innovation, Trintech introduced significant enhancements in Q1 across its Adra (mid-enterprise), Cadency and Frontier (large enterprise) solutions. Within the Adra Suite, Trintech unveiled AI-driven Journal Entry Automation, a breakthrough designed to help mid-enterprise organizations centralize and streamline journal entry creation, approval, and ERP posting to accelerate their financial close. Simultaneously, Trintech expanded its Cadency solution with new Intercompany Automation capabilities that simplify and standardize complex intercompany processes across global entities. The enhancements automate transaction matching, reconciliation, cost allocations, and settlements—cutting down manual work, improving compliance, and speeding up the financial close. Additionally, the introduction of DirectCloud for both Cadency and Frontier offers large-enterprise customers with more stringent security features. While providing all the efficiency and ROI gains of a cloud environment, DirectCloud customers gain the security of single-tenancy and a direct, non-internet-based link to their environment – ensuring the highest security without sacrificing efficiency.
As part of its global expansion, Trintech launched new operations in Bengaluru and Noida, India —strategic hubs designed to accelerate growth, drive innovation, and strengthen its presence in the rapidly evolving Asia-Pacific financial close market. These investments, along with the appointment of Claudia Pirko to lead efforts in the APAC region, underscore Trintech's commitment to meeting growing international demand and enhancing service delivery worldwide.
Lastly, Trintech's continued focus on innovation, successful customer deployments, and a strong commitment to excellence have earned the company multiple industry accolades in FY25. Its AI Financial Close solutions were ranked #1 on several G2 grids for financial close software and recognized as a Market Leader in Featured Customers' 2025 Financial Close Management Software Customer Success Report. Additionally, in 2025, Trintech was recognized as one of the Best and Brightest Companies to Work For® in the Nation, and for the tenth consecutive year in the Dallas/Fort Worth region —demonstrating its ongoing commitment to a thriving workplace culture and meaningful employee engagement.
About Trintech
Trintech gives people time back for what matters most. Our AI Financial Close solutions enable thousands of clients worldwide to lead productivity transformation across their finance and accounting organizations — driving efficiencies, ensuring accuracy to mitigate risk, and empowering strategic decision-making. Make time count with Trintech.
As the leader in AI Financial Close Management, Trintech is headquartered in Plano, Texas with offices and strategic resellers across United States , Europe , Australia , South America , Africa , and Asia Pacific . With a strong partner ecosystem, Trintech collaborates with over 100 companies to create a network of interconnected businesses. To learn more about Trintech, visit www.trintech.com.
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Globe and Mail
7 minutes ago
- Globe and Mail
Zacks Investment Ideas feature highlights: Range Nuclear Renaissance Index ETF, GE Vernova, Talen, Amazon and Rolls-Royce
For Immediate Release Chicago, IL – July 24, 2025 – Today, Zacks Investment Ideas feature highlights Range Nuclear Renaissance Index ETF NUKZ, GE Vernova GEV, Talen TLN, Amazon AMZN and Rolls-Royce RYCEY. Should We Be Buying GE Vernova After Stocks Soars on AI-Boosted Nuclear Energy? GE Vernova stock skyrocketed 14% to all-time highs following its beat-and-raise Q2 report on Wednesday morning. The post-earnings surge extended GEV's YTD run to 90%, making it the second best-performing S&P 500 stock behind only Palantir. GEV's second quarter performance and outlook cemented its standing as one of the biggest long-term winners in the AI-boosted energy boom across nuclear, natural gas, electrification, and grid expansion. AI Demand and the Nuclear Energy Bull Case Wall Street has fallen head over heels for nuclear and next-generation energy stocks as power demand from artificial intelligence hyperscalers goes into hyperdrive. U.S. electricity demand remained flat at roughly 4,000 to 4,200 terawatt-hours since around 2010. The AI boom marks a paradigm shift for energy needs after technology companies drove economic and stock market expansion in the post-financial crisis world without straining the grid. Data centers could jump from 4% of total U.S. power demand in 2023 to 12% in 2030. This backdrop is why prices from the biggest U.S. power auction, held by grid operator PJM Interconnection, surged 22% to another new all-time high earlier this week. The U.S. government aims to triple nuclear energy capacity by 2050, helping spur innovation by cutting red tape, increasing tax incentives, and more. AI hyperscalers Meta, Amazon, Alphabet, and Microsoft have all raced to secure more nuclear power and made deals to speed up the next-gen nuclear tech, supported by their collective trillion-dollar balance sheet. Nuclear energy stocks represent a direct investment in artificial intelligence, the expansion of energy infrastructure, and long-term economic growth. Along with GEV, nuclear standouts Constellation Energy, Talen, Rolls-Royce, NuScale, and others have crushed the market in the last year. The Range Nuclear Renaissance Index ETF, which holds these stocks, along with many others, has climbed 130% since its debut in January 2024 to blow past the Nasdaq's 36%. Despite the strong performances of nuclear energy stocks in 2025 and over the last few years, investors can still get in near the ground floor of the AI-boosted nuclear energy renaissance, since it will be measured in decades. Buy GEV Stock at All-Time Highs and Hold? GE Vernova is one of the most surefire investments in next-gen, AI-driven energy. The dividend-paying and share-repurchasing GE spinoff provides exposure to nuclear energy, electrification, natural gas, and the broader artificial intelligence infrastructure spending boom. GEV boasts that its customers generate roughly 25% of global electricity via its installed base of technologies. The company has provided nuclear turbine technologies and services for all reactor types for decades. Its GE Vernova Hitachi Nuclear Energy division is a leading provider of advanced nuclear reactors, fuel, and nuclear services. Its BWRX-300 SMRs have a chance to be one of only a handful of potential big winners in small modular nuclear reactors. GE Vernova is working directly with power companies in the U.S. and Canada to deploy its next-gen nuclear tech by the early 2030s. GEV is also a natural gas giant. The company signed nine gigawatts of new gas equipment contracts during the second quarter, boosting its backlog to 29 GW. On top of that, its power conversion, energy storage, and grid solutions are growing. AI-boosted electrification software helps secure its bull case. GE Vernova announced earlier this week its plans to acquire AI company Alteia, helping lift the appeal of GEV's grid software it sells to utilities. GEV boosted its outlook across most of its key financial metrics on Wednesday, including free cash flow, margins, and revenue. Its CEO stressed that the U.S. and the world are still at the 'beginning of an investment supercycle into more reliable baseload power, grid infrastructure and decarbonization solutions.' The stock has soared roughly 280% in the past year and 345% since its April 2024 IPO, outpacing Nvidia and many other pure-play AI stocks. GEV might face near-term selling pressure, meaning some traders could wait for a pullback to its 21-day or 50-day. That said, the market-timing game is difficult, meaning long-term traders might want to buy the next-gen energy superstar now, and add more the next time it fades. Plus, GEV's improving financial position helped GE Vernova commit to buybacks and dividends. Other Nuclear Energy Stocks to Buy for Long-Term Upside Talen is a leading independent power producer and infrastructure firm, with a portfolio that includes nuclear, natural gas, and more. Talen is one of the largest competitive power infrastructure companies in North America, and it's secured deals with Amazon to supply nuclear power to its AI data centers. TLN soared on Wednesday to new highs as part of a 180% run in the past 12 months. The recent climb came after it announced a big deal to buy natural gas plants late last week. Talen's $3.8 billion deal is expected to boost free cash flow per share by over 40% in 2026 and 50% through 2029. The acquisition also critically expands its annual generation capacity by 50% from 40 TWh to 60 TWh. Talen's deal highlights the soaring demand for power from Amazon and other AI companies. Despite its charge, the stock still trades 11% below its average Zacks price target and 11 of the 12 brokerage recommendations Zacks has are 'Strong Buys.' Rolls-Royce cemented itself as a leader in cutting-edge nuclear energy technologies. The historic engine maker landed a potentially pivotal contract with the British government in June to build next-gen small modular reactors. RYCEY stock skyrocketed over the last few years as Wall Street dives into the once-beaten-down industrial titan because its new CEO is focused on profits and streamlined growth. The engine manufacturer and potential nuclear energy standout reached some of its lofty financial goals faster than it projected. Rolls-Royce also reinstated its dividend this year and announced stock buybacks. RYCEY is projected to grow its adjusted earnings by 35% in 2025 and 20% next year, on 24% and 8% respective sales growth. Its upward earnings revisions earn Rolls-Royce a Zacks Rank #2 (Buy). Despite skyrocketing 1,000% over the past three years, including a 91% run in 2025, Rolls-Royce trades 32% below its average Zacks price target and 35% below its all-time highs at around $13.60 a share. RYCEY is on the cusp of breaking above a key technical trading range, and its valuation is impressive because of its strong earnings growth outlook. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Rolls-Royce Holdings PLC (RYCEY): Free Stock Analysis Report Talen Energy Corporation (TLN): Free Stock Analysis Report GE Vernova Inc. (GEV): Free Stock Analysis Report


CTV News
7 minutes ago
- CTV News
‘Important to restore Morrisseau's legacy': Robots rooting out art fraud
Genevieve Beauchemin has the story of how AI and technology is being used to restore the legacy of Indigenous artist Norval Morrisseau. Robots at a startup in Montreal are helping restore the legacy of world-renowned Indigenous artist Norval Morrisseau. A sprawling investigation into forgeries of Morrisseau's paintings that have flooded the market for decades has uncovered what investigators have called the biggest case of art fraud in Canada, and some say, possibly in the history of the world. The estate of the late artist has turned to AI and robots to help authenticate his paintings, in hopes of providing concrete empirical evidence for Canadian courts. The process involves robotic arms that take paintbrushes, dip them in bright paint colours and execute complex strokes on a canvass to produce copies of paintings. This may evoke fears of robots taking over the art world, but those behind the technology say the paintings are not machine-created fakes to be passed off as a real Morrisseau, but replicas to train AI models to root out fraud. 'The better our work gets, the better the model has to get to detect the copies,' said Acrylic Robotics CEO Chloe Ryan. 'This also allows us to refine our robotic techniques.' Ryan is a former painter now armed with a degree in mechanical engineering, who set out on a mission to shake up the art world when she co-founded Acrylic Robotics. 'I have been painting and selling my work since I was a teenager, and I became very frustrated with how long it would take me to make a painting, and then I could sell that work of art once to one person,' they said. 'I was making two dollars an hour, and I thought, 'how can artists make a living selling their art?'' Ryan says that led to a longer reflection on what she calls the 'scarcity-driven art market.' 'The value of art is driven by how few people have access to it,' she said. 'In the music or film industry, it is driven by how many people your art resonates with.' Ryan set out to pioneer a model that would allow for the creation of copies of paintings that capture the same details as the original. She knows that is a scary proposition to some who are concerned robots could take over the work of human creativity, but she says this is based on using technology as a tool. The model she is pitching is of artists consenting to copies of their paintings to be made, which would be clearly identified as copies, so that the human behind the art will be credited and compensated while also making their art more accessible. 'I am pioneering a new method of creation in fine art, one that is driven by how many people resonate with your work, and not one that is driven by how scarce it is,' said Ryan. 'He made Canada look at itself' But what caught the attention of the estate of the late Morrisseau is the technology's potential to help in its fight against forgeries. Morrisseau, who died in 2007 at the age of 75, was a world-renowned painter known as the grandfather of contemporary Indigenous art in Canada. 'Morrisseau was pivotal in sharing Indigenous culture, opening up markets and new pathways for other Indigenous artists,' said Cory Dingle, the executive director of Morrisseau's estate. 'But he also made Canada look at itself. 'All through the residential school trauma, the land displacement and all the racism against him, his art always spoke of love and unity,' adds Dingle. '(O)f interconnectivity and interdependency, and so it is important to restore his legacy.' Morrisseau's pieces sell in the millions, but thousands of fraudulent works of art have flooded the market since the late 1990's, making it difficult to authenticate and sell his paintings. The estate says reporting fakes posed a challenge in the face of Canadian laws. Acrylic Robotics works closely with the estate to create increasingly precise copies of Morrisseau paintings, which are used to train a computer program called Norval AI that was developed three years ago by professors to detect fakes. That program produces heat maps showing spots where a copy differs from the original. Acryclic Robotics has been going back and forth with the estate for about a year, improving copy after copy. For Morrisseau's estate, this is part of a crucial mission. 'Restoring his legacy means that these institutions will study him, that the museum will display him, and we will be able to share this with the world,' said Dingle, sitting in front of a rarely seen Morrisseau. But in the process, there will be more Morrisseau copies floating around. Robotic Acrylics says it is working with the estate to ensure that there are markings in the pieces to ensure that they could never be sold as originals. Producing precise brush strokes involves much more than a few clicks of a mouse. 'There is a robotic challenge of how do I have a robot move in the same way as a human wrist, with the same delicate strokes,' said Ryan. Achieving that may spark concerns about machines replacing humans, but the hope here is that this is a high-tech step in the age-old fight against art fraud.

CBC
8 minutes ago
- CBC
A divinity school steeped in history tests the boundaries of artificial intelligence
So astonishing was the resemblance, in both voice and appearance, that college president Anna Robbins's own family couldn't tell the difference between herself and the on-screen avatar generated by artificial intelligence to deliver lectures to six graduate students. It was an illuminating and, undoubtedly to some in the broader university world, unnerving experiment in education, one that took place last fall at Acadia Divinity College, a small school steeped in Baptist history in rural Nova Scotia. A course whose syllabus was generated by AI, whose lectures were scripted and conducted online by AI, and where students were graded by AI for real marks. A course with an especially germane topic: the ethics of artificial intelligence in Christian ministry. "What blew our minds was realizing that I can speak 80 languages," Robbins said in a recent interview at the school in Wolfville, N.S. At first blush, the college of about 200 mostly graduate students would seem a curious place for such a plunge into the world of artificial intelligence. But it reflects not just a changing education landscape, but an energetic discussion in Christian circles about the technology. Like so many other facets of online life, AI has been inserted into religion. Christian chatbots answer theological questions, and apps help priests write sermons (or simply write the sermons for them). A church in Switzerland installed an AI Jesus avatar on a screen in a confessional booth. There's also plenty of worry, such as how artificial intelligence will be used in war or for selfish gain. Pope Leo XIV has called AI an "exceptional product of human genius," but warned it could harm humanity's "openness to truth and beauty" and "ability to grasp and process reality." The premise at Acadia Divinity was this: only by testing the limits of something that has so much promise, and likewise generates so much uneasiness, can you begin to understand its potential, and its pitfalls, and figure out what to do about it all. Future pastors at the college learn to counsel parishioners using an AI program that mimics real people with real problems, and students have online chats with historical Christian figures. The entirely AI-generated course last fall was simply an experiment, according to Robbins. It's not about replacing professors, she said, but examining ways that AI can help. An AI program was fed reams of information about the school, including its history and teaching style. The six students who took part were volunteers and their tuition for the course was covered by the college. Rev. John Campbell, the college's director of technology for education, and Jodi Porter, the school's director of education for ministry innovation, gave a keynote address in December at an Atlantic universities teaching conference about using AI in the classroom. "One professor, of course, really didn't like the idea of an AI marking the assignments," Campbell said. "Well, you know, a first-year English professor put up her hand and said, 'I have 300 students and I would love to have some sort of tool to help give some sort of personalized feedback to these students.'" Joel Murphy, a "futurist" at Acadia Divinity who researches trends, said he believes AI will have a greater impact than the internet, and the implications for faith are profound, with people creating a "self-curated spirituality." There are benefits to self-curation, he said. But the danger, he said, is that so much is left to a person's own whims, with AI tuned to give us what we want, not push back or question. "I think it's going to create isolation, further isolation," he said. "At the centre, I think, of most faith movements is community, belonging, relationship — that can be lost in this self-curated experience." Robbins said she shares the same concerns. But she said she believes the church has a unique place in "what has become a very artificial world," a hub for people when they finally step away from their phones and their "existential questions come crashing in." The work at Acadia Divinity is also a matter of preparing pastors for a new world. For instance, how to talk about grief to a parishioner who is frantically uploading every video they have of a terminally ill loved one so they can converse with an AI avatar after they die. "This is not science fiction, this is happening now," Campbell said. "That's always the dangerous side, and so some of what we're doing is to help people understand what's there and to prepare them to be able to function and minister in the midst of that." But from the point of view of education, Acadia Divinity professors see some clear advantages. Glen Berry, the chair of pastoral psychology, deploys an AI program so students can practise counselling skills in life-like conversations. In his view, it beats pairing up students and getting one to act the part of a troubled parishioner seeking help. There's numerous scenarios: a grieving widower, a medical student with obsessive-compulsive disorder, a burnt-out pastor, or people who are quick to anger and take offence, sound worried or upset. At the end, it spits out a transcript Berry can review. Melody Maxwell, an associate professor of Christian history, last term used an AI chatbot that allows students to ask questions of historical Christian figures. It helps build "historical empathy," an understanding of the feelings and motivations of people in the context of their time periods. With a couple of clicks of a computer mouse, Robbins's AI-generated avatar can switch between 80 different languages, some quite convincingly. "We're concerned about equipping the church globally, not for our own strengthening, but for the strengthening of the church worldwide," Robbins said. "It would be amazing if we could offer theological education to the 90 per cent of pastors in the developing world, for example, who have no access to theological education. Suddenly there's an opportunity to serve." As for the AI-generated course last fall, the reviews were mixed. The students agreed the "learning outcomes" were met, and they liked the near-instantaneous feedback.