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PhotonPay Officially Opens São Paulo Office, Accelerating Strategic Expansion into Latin America

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New Brazil operations base marks the company’s first local foothold in Latin America, extending a global financial infrastructure spanning 16 key markets

SÃO PAULO, July 16, 2026 /PRNewswire/ — PhotonPay, next-generation financial operating system powered by stablecoin, today announced the official opening of its São Paulo office -the company’s first local operations base in Latin America. The launch follows the company’s earlier market entries in Hong Kong, Dubai, and other key global hubs, and marks a significant step in PhotonPay’s deepening commitment to the region.

Brazil: A Strategic Window into the Region’s Payment Revolution

Brazil is Latin America’s largest economy, ranking 10th globally by GDP at $2.19 trillion, with a population of over 212 million people and one of the world’s fastest-growing digital economies.¹ The country’s Pix instant payment network has become a global benchmark for payment modernization: in 2024 alone, Pix processed approximately 64 billion transactions -a 53% year-over-year increase -with transaction value reaching $4.6 trillion.² By May 2025, Pix had accumulated over 175 million registered users, representing 93% of Brazil’s adult population, with 62% of users citing it as their primary payment method.³

Yet despite this domestic sophistication, Brazilian and Latin American businesses continue to face structural friction when expanding globally. Legacy cross-border infrastructure -characterized by multi-layered correspondent banking, opaque FX pricing, and multi-day settlement cycles -creates a widening gap between the speed of local digital commerce and the reality of international fund movement.

This structural disconnect signals a generational inflection point. Traditional payment systems built on intermediary float models are increasingly misaligned with the pace of modern digital trade. PhotonPay believes the only solution is a new class of payment operating system built around a single core principle: liquidity velocity.

A Dual-Rail Platform Built for Latin America’s Complexity

PhotonPay’s arrival in Brazil is built on a differentiated infrastructure thesis. While most cross-border payment providers operate on a single fiat rail, PhotonPay deploys a Dual-Rail architecture -seamlessly combining local fiat clearing networks such as Pix with on-chain stablecoin liquidity (USDC/USDT) within a single, compliance-first platform.

Through the Photon Wallet, enterprises operating in Brazil and across Latin America can hold, send, receive, and convert both fiat and Tier-1 stablecoins in a single unified environment -eliminating the fragmentation between traditional banking accounts and crypto wallets. The wallet supports 30+ major currencies alongside USDC and USDT, and connects to over 10 local clearing networks globally including ACH, SEPA, Faster Payments, and now Pix.

Fiat-to-Stablecoin Conversion: Execute near-instant swaps between BRL and major stablecoins (USDC/USDT) and 17+ fiat currencies, with transparent market-benchmarked pricing and no hidden spreads -enabling treasury teams to actively manage currency exposure and unlock liquidity across both rails.Stablecoin-Powered Payouts: Route international disbursements via stablecoin rails for supplier settlements, payroll, and B2B transfers -bypassing legacy SWIFT delays and correspondent banking markups for recipients across 230+ countries. Stablecoin payment volumes surpassed $10 trillion annually in 2025, driven not by speculation but by commercial-grade utility including payroll, marketplace settlement, and supply chain payments.⁴AI-Native Risk & Compliance Engine: Institutional-grade AML/CFT monitoring, advanced on-chain analytics, and address screening are embedded into every transaction -across both fiat and stablecoin flows -ensuring compliance with evolving global regulatory standards.

“The digital momentum across Latin America is extraordinary -but behind the headline growth, the complexity of local compliance and cross-border fund movement remains a genuine barrier to expansion. We established our São Paulo office precisely to remove that friction. World-class financial infrastructure cannot be delivered through code alone; it requires a physical commercial presence embedded in the local business fabric. Our goal is straightforward: absorb the hardest layers of payment and compliance complexity so that global businesses can focus on just one thing -growing in Latin America.”

Joey, Vice President of Business, PhotonPay

Building the Financial OS for the Stablecoin Era

PhotonPay operates across 16 core global markets with nearly 20 financial licenses worldwide, serving more than 200,000 businesses. But the company’s defining bet is structural, not geographic: that the global financial system is undergoing a generational shift from float-dependent, intermediary-heavy settlement toward high-velocity, stablecoin-native liquidity -and that the businesses best positioned to win in emerging markets will be those with infrastructure built for that transition, not retrofitted to it.

That is the logic behind the Photon Wallet and PhotonPay’s Dual-Rail architecture: not merely connecting more local payment rails, but building a unified operating layer where fiat and stablecoins move with equal fluency -and where businesses never have to choose between the familiarity of local clearing and the velocity of on-chain settlement.

The São Paulo office is the latest node in that architecture. As PhotonPay deepens its presence across Latin America and other high-growth emerging markets, its mission remains constant: eliminate the structural friction that slows global commerce, and give every business -wherever it operates -access to the liquidity speed the stablecoin era makes possible.

About PhotonPay

PhotonPay is a stablecoin-powered financial operating system built for global infrastructure. Designed for modern enterprises, PhotonPay enables businesses to send, receive, convert, and settle funds across both fiat and stablecoin rails through a single, compliance-first integration, spanning 200+ countries and territories.

For more information, visit [www.photonpay.com].

NOTES & SOURCES

¹ World Bank / Georank.org: Brazil GDP $2.19 trillion (2024), ranked 10th globally; population 212.7 million (Data Commons, 2025).

² Matera Research / Central Bank of Brazil via Matera ‘Pix by the Numbers’ Q4 2024 report; PaymentsJournal (Feb 2025): ~64 billion Pix transactions in 2024, +53% YoY; $4.6 trillion total transaction value.

³ Wikipedia / Central Bank of Brazil (May 2025): Pix has over 175 million registered users; 93% of Brazilian adult population have used Pix; 62% use it as their most frequent payment method.

⁴ Artemis Analytics 2025 Annual On-chain Report; Chainalysis ‘The New Rails: How Digital Assets Are Reshaping Finance’ (2026): stablecoin payment volumes exceeded $10 trillion annually in 2025, driven by cross-border payroll, marketplace settlements, and B2B supply chain payments.

Disclaimer

This material is for general informational purposes only and does not constitute legal, regulatory, tax, accounting, or investment advice, nor an offer or solicitation for any product or service. The availability, features, and regulatory treatment of PhotonPay’s products and services may vary depending on the user’s location, business model, and the laws and regulations that apply. Any descriptions of functionality, performance, efficiency, cost savings, or compliance support (including, without limitation, references to “real‑time”, “24/7”, “high‑efficiency”, or “compliant” solutions) are aspirational or forward‑looking in nature. Actual outcomes may differ due to market conditions, technological constraints, and regulatory developments, and PhotonPay makes no express or implied representation, warranty, or guarantee as to the achievement of any particular result.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/photonpay-officially-opens-sao-paulo-office-accelerating-strategic-expansion-into-latin-america-302827089.html

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SUSS enters Wafer-Cleaning Market with launch of GreenTec Solutions Product Line and first GT200 System

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Product portfolio expansion into growing wafer-cleaning market driven by advanced packaging applicationsGreenTec Solutions enable sustainable wafer cleaning with reduced chemical consumption and without hazardous acidsProven TurbulenStrip™1 and CrustBuster™2 technologies extend established SUSS expertise from photomask processing to wafer-level productionGT200 is the first GreenTec Solutions platform, addressing 200 mm process development, qualification, and production applicationsScalable roadmap from R&D and qualification to 200 mm and 300 mm high-volume manufacturing

GARCHING, Germany, Oct. 6, 2026 /CNW/ — SUSS MicroTec SE (MDAX/TecDAX: SMHN), a leading supplier of equipment and process solutions for the semiconductor industry, today announces its entry into the wafer-level cleaning market with the launch of the new GreenTec Solutions product line and the introduction of its first system, the GT200.

The launch expands SUSS’ technology portfolio into the growing wafer-cleaning market, which today represents an addressable market of approximately €5.4 billion3 and is driven by advanced packaging, heterogeneous integration and increasing semiconductor demand from AI and high-performance computing applications.

“GreenTec Solutions marks an important milestone in the execution of our Ambition 2030 strategy. By expanding into wafer-level cleaning, we are entering an attractive market with significant long-term growth potential while leveraging proven technologies and process expertise from our existing portfolio. Our differentiated approach combines strong cleaning performance, significantly lower chemical consumption and the elimination of hazardous acids. This creates tangible benefits for customers and positions SUSS for future growth in advanced semiconductor manufacturing,” says Burkhardt Frick, Chief Executive Officer of SUSS.

Proven SUSS technology as a competitive differentiator addressing ESG-needs of the semiconductor industry

At the core of the portfolio is a hybrid cleaning approach that combines the proven SUSS process technologies TurbulenStrip™ and CrustBuster™ from the Photomask Solutions segment in a single platform. TurbulenStrip™ incorporates lower-impact batch soaking and single-wafer handling for efficient resist and residue removal, while CrustBuster™ utilizes patented in-situ UV technology to break down and remove organic materials directly at the wafer surface in a single-wafer process chamber. Together, these technologies enable highly efficient residue removal and process stability while helping customers reduce chemical consumption, support their sustainability targets, and lower overall cost-of-ownership.

The GT200 is specifically designed for research and development, process qualification, and production in 200 mm manufacturing environments for MEMS4, RF5, Power Device and CMOS6 applications. In addition to equipment supply, SUSS supports customers through joint evaluation programs, process co-development and recipe optimization services to accelerate adoption, improve process stability and de-risk technology transfers ahead of volume production ramps.

Clear roadmap toward high-volume manufacturing

Following SUSS’ strategic approach, all platforms of the GreenTec Solutions product line are designed with a focus on a high degree of modularization and standardization with the GT200 serving as the first member of a scalable GreenTec platform. SUSS will expand its portfolio toward high-volume manufacturing (HVM) with a dedicated 300 mm HVM platform in 2027.

“The GreenTec Solutions product line represents our vision for the next generation of semiconductor manufacturing–where sustainability and process excellence go hand in hand. We are building on decades of experience in demanding photomask applications and transferring this expertise now into eco-friendly wafer-level manufacturing. Together with customers and partners, we develop process solutions that support the next generation of microelectronics with a clear focus on reliability, innovation, and responsible resource use. Due to the strong interest from our customers, we are pulling in the launch of a 300 mm HVM solution,” explains Yuta Nagai, Senior Vice President Photomask Solutions at SUSS. A 200 mm HVM platform will follow in 2028. This provides customers with a clear migration path from evaluation to full-scale production.

Please find more information about the GT200 at https://www.suss.com/en/products-solutions/greentec-solutions/wafer-cleaning/gt200 

Meet SUSS at SEMICON West 

Discover the latest developments in wafer-level cleaning and join our Product Deep Dives at SEMICON West.

Register now: https://www.suss.com/en/company/events/semicon-west 

1 TurbulenStrip™ is a trademark of SUSS MicroTec SE

2 CrustBuster™ is a trademark of SUSS MicroTec SE

3 Source: SUSS Research, Yole

4 Micro-Electro-Mechanical Systems

5 Radio Frequency

6 Complementary metal–oxide–semiconductor

Contact

Sabrina Müller
Vice President Investor Relations & Communications
sabrina.mueller@suss.com
+49 160 94989008
www.suss.com

About the GT200

The GT200 is an eco-friendly manufacturing solution for wafer cleaning and stripping processes. It combines photoresist removal, surface activation, and final cleaning in one configurable platform, helping fabs reduce tool fragmentation, simplify process flows, and improve operational efficiency.

By combining greener process media with advanced technologies adapted from proven solutions developed by SUSS’s Photomask Solutions business unit, the GT200 supports shorter process learning cycles, reduced EHS exposure, and lower chemical consumption and hazardous waste generation — without compromising process performance. Its flexible hybrid concept consolidates multiple cleaning and stripping steps, reducing wafer transfers and toolset complexity.

SUSS supports customers throughout implementation with co-development, recipe tuning, and a structured Joint Evaluation Program. This helps accelerate adoption, strengthen process stability, and transfer process know-how from pilot and qualification phases into high-volume manufacturing.

About SUSS

SUSS is a leading global provider of equipment and process solutions for the semiconductor industry. Focused on cutting-edge technology and precision engineering, we enable the production of next-generation microchips and semiconductor devices that power digital progress. Developed in close collaboration with research institutes and industry partners, our solutions fuel the AI and high-performance computing ecosystem and shape the future of intelligent devices and applications worldwide.

Headquartered in Garching, Germany, SUSS has approximately 1,500 employees worldwide and recently generated sales of approximately €500 million. We operate production sites in Germany and Taiwan and development centers in Europe, Asia, and the US, supported by a strong network of sales and service offices with close proximity to our customers. SUSS MicroTec SE is listed on the Frankfurt Stock Exchange (Prime Standard, FWB: SMHN; ISIN DE000A1K0235) and is part of the TecDAX and MDAX indices. For more information, visit www.suss.com.

Legal Disclaimer

Certain statements made in this release are forward-looking statements or may be construed as such. All information and assessments are based on extremely diligent research. However, this publication is made without a warranty. Any liability is excluded. The above statements do not constitute an offer to buy or sell securities. All rights reserved.

View original content:https://www.prnewswire.com/news-releases/suss-enters-wafer-cleaning-market-with-launch-of-greentec-solutions-product-line-and-first-gt200-system-302898520.html

SOURCE SUSS MicroTec SE

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FusionAuth Establishes UK Team as European Demand for Data Sovereignty Drives 72% Regional Growth

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Driven by enterprise demand for data control and tenant isolation, FusionAuth grows new-business ARR 48% in Q1 and establishes its first dedicated sales team in the UK.

BOULDER, Colo., Oct. 6, 2026 /PRNewswire/ — FusionAuth, the deploy anywhere Customer Identity and Access Management (CIAM) platform built for security, control, and scale, today announced accelerated momentum across Europe, powered by rising enterprise demand for data sovereignty, tenant isolation, and infrastructure control.

In its fiscal first quarter ended July 31, 2026, FusionAuth grew new-business annual recurring revenue (ARR) by 48% year-over-year and increased new customer acquisitions by 40%. Regional European ARR grew 72%% over the past two years—contributing over 30% of Company ARR -—all before FusionAuth had a dedicated team in the region. In response to that growth, FusionAuth has established its first European sales presence, based in the United Kingdom.

European focus on digital sovereignty continues to intensify, with EU initiatives placing greater emphasis on cloud sovereignty, interoperability, portability, and control over data infrastructure. According to Gartner, European sovereign-cloud IaaS spending is forecast to rise 83% in 2026. FusionAuth’s 2026 State of AI and Identity Report also found that 85% of technology leaders have faced customer, partner, and supplier demands to demonstrate tenant isolation as an enterprise buying criterion.

“European enterprises are sending a clear message: they want greater control over where identity runs, how customer data is isolated, and who controls the underlying infrastructure,” said Brian Bell, CEO of FusionAuth. “European buyers chose us before we even had a team on the ground. Now, we are putting direct resources into the UK to support this demand and partner closely with regional leaders.”

This need for control is especially important in consumer-facing sectors, where a brand’s relationship with its customers, and the identity and data behind it, is too valuable to hand to a shared platform. That momentum is clear across FusionAuth’s fastest-growing verticals, anchored by European market leaders:

Media & Telecom: ARR grew 70% in the last year and over 90% across two years, led by media intelligence provider UNICEPTA and a major European news publisher.Energy & Utilities: Customer count surged 120% in the last year, driving two-year ARR growth over 90%, including German smart-home energy pioneer tado° and mobility platform MKB Brandstof.Retail & Consumer Goods: ARR increased 65% over two years on larger enterprise deployments, including French supermarket leader Grand Frais and premium skincare brand Elemis.

That same emphasis on owning the customer relationship applies directly to professional sports, where multiple premier football clubs and governing bodies rely on FusionAuth to secure and unify fan identity. On October 7-8, FusionAuth is co-sponsoring The Fan Identity Forum at Leaders Week London–gathering over 3,000 senior sports decision-makers at Stamford Bridge. Partnering with sports digital product specialist  Stadion, FusionAuth will address the impact of AI and the strategic necessity to identify and own the fan relationship across ticketing, merchandising, streaming, and matchday experiences.

“Sports and entertainment organizations put a huge amount of effort into building relationships with their fans, but that connection breaks down when fan data is scattered across different platforms and partners,” said Russell Stopford, CEO of Stadion. “If you want to know your fans and give them a joined-up experience, you need a trusted view of who they are. Partnering with FusionAuth gives us a strong identity foundation to build those experiences around, while keeping the relationships firmly with the clubs.”

About FusionAuth

FusionAuth gives organizations control over their identity infrastructure without compromise. The platform supports the authentication methods modern applications need, including passwordless login, MFA, SSO, OAuth, and more, with enterprise-grade security, full data ownership, and pricing that remains predictable as companies scale.

FusionAuth can be deployed in FusionAuth Cloud, in a customer’s own environment, on-premises, or anywhere in between. Thousands of organizations globally, including PwC, NRG Energy, Bilt, DataStax, and Little Caesars, trust FusionAuth to secure millions of users without sacrificing control, compliance, or cost clarity.

Media Contact

Tila Pacheco
Eskenzi PR
tila@eskenzipr.com

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SOURCE FusionAuth

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Cognizant Selected by SITA to Deliver AI-Led Global Finance Transformation on the Cloud

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Collaboration will help SITA create a Frontier Finance function – data-driven, innovative and focused on growth and measurable business value – using AI and new ways of working

AMSTERDAM and GENEVA, Oct. 6, 2026 /CNW/ — Cognizant (Nasdaq: CTSH) today announced that it has been selected by SITA, the world’s leading specialist in air transport technology, as the implementation and transformation partner for SITA’s SKY program. The groupwide, finance-led initiative will help SITA implement a modern cloud platform across finance, procurement and supply chain processes, designed to deliver measurable business value across SITA’s global operations in more than 200 countries and territories.

The transformation is designed to move finance beyond reporting and operational processing, establishing it as a more strategic, growth-focused partner to the business. Cognizant will work with SITA to implement a cloud-based ERP and management platform spanning planning, performance, project management and procurement. By connecting these functions through a shared data foundation, consistent ways of working and AI-led insights, SITA aims to strengthen planning, identify opportunities earlier and align resources more closely with its growth priorities.

Cognizant’s AI-first approach combines deep finance transformation expertise with generative AI implementation agents, informed by intellectual property developed through more than 800 cloud ERP projects. It draws on embedded platform AI capabilities and custom agents built using Cognizant’s agentic AI capabilities to embed intelligence into planning, forecasting, project management and day-to-day finance activities — helping SITA accelerate delivery and put AI to work across live finance, procurement and project management processes.

“SITA’s SKY program is a transformation program aimed at delivering strong business outcomes,” said Nicolas Husson, Chief Financial Officer at SITA. “By standardizing core processes on Oracle Fusion Cloud and building AI into how we operate, we aim to create a more agile finance organization and a strong foundation for our next phase of growth.” 

“SITA plays a critical role in the global air transport ecosystem, and its growth requires an enterprise platform that can scale with the business, with technology and AI serving the strategy rather than defining it,” said Saket Gulati, Senior Vice President and Head of Northern Europe at Cognizant. “By bringing together our cloud platform expertise, AI capabilities and end-to-end transformation experience, we will help SITA build a modern data and operating model foundation, embed new ways of working, and help translate technology investment into growth and measurable business value.”

“Enterprise platforms are the backbone of how global organizations run, and SITA’s SKY program is a great example of what’s possible when that backbone is rebuilt for an AI-first world,” said Roshan Subudhi, SVP and Head of Global Markets- Intelligent Enterprise Platforms at Cognizant. “By combining Agentic AI capabilities and our Oracle Fusion expertise, we’re not just modernizing systems — we’re helping SITA reimagine how finance, procurement and supply chain teams work together, so the business can move faster and make smarter decisions at scale.”

About Cognizant

Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.

For more information, contact:

U.S.
Katrina Cheung
katrina.cheung@cognizant.com

Europe / APAC
Sarah Douglas
sarah.douglas@cognizant.com

India
Vipin Nair
vipin.nair@cognizant.com

About SITA

SITA is the air transport industry’s tech engine, making travel safer, easier, and more sustainable for everyone. From the earliest days of commercial aviation to today’s digital frontiers, SITA has been there, connecting the industry and helping it evolve through every leap forward.

With around 2,500 customers, SITA technology supports over 1,000 airports and more than 19,600 aircraft worldwide. It also helps over 70 governments strike the balance between secure borders and seamless journeys. Behind the scenes, SITA bridges 45–50% of the industry’s data exchange, enabling a highly complex global network to operate smoothly and reliably, every step of the way.

SITA is transforming fast. From advanced self-service and operations control to airport design and digital borders, it is shaping the next generation of travel through key acquisitions like Materna IPS, ASISTIM, and CCM. It is also expanding beyond aviation with initiatives such as SmartSea, bringing its trusted technologies to cruise, rail, and urban air mobility.

This transformation is about more than new products. SITA is investing in the right skills, tools, and partnerships to help the industry move with greater intelligence and agility, bringing together smart systems, seamless data, and sustainable innovation. Because as global travel surges, flow is everything.

As part of its bold climate strategy, SITA is cutting emissions by 4.2% each year and targeting net zero by 2050. SITA’s science-based targets are validated by the SBTi, and its growing portfolio is helping customers reduce their own carbon footprints too.

Owned by the industry and driven by its needs, SITA operates in more than 200 countries and territories.

www.sita.aero

For more information, contact:
Charles Font
charles.font@sita.aero

View original content to download multimedia:https://www.prnewswire.com/news-releases/cognizant-selected-by-sita-to-deliver-ai-led-global-finance-transformation-on-the-cloud-302897909.html

SOURCE Cognizant Technology Solutions

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