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Meridian Credit Union Wins Silver Stevie® Award for AI-Powered Business Transformation

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TORONTO, Aug. 19, 2026 /CNW/ — Meridian Credit Union has been named the winner of a Silver Stevie® Award in the Best Use of AI in Business Transformation category in the 23rd Annual International Business Awards®.

The award recognizes Meridian’s enterprise-wide approach to artificial intelligence, spanning governance, risk oversight, workforce enablement, innovation, and value realization. As one of Canada’s leading credit unions, Meridian has embedded AI across the organization through a strategy that prioritizes responsible adoption, strong governance, and employee empowerment.

Meridian’s AI transformation has focused on building a sustainable foundation for long-term success in a highly regulated industry. Through enterprise adoption of Microsoft Copilot, robust governance practices, Board-level oversight, and a growing citizen developer ecosystem, Meridian is enabling employees across the organization to identify opportunities, build solutions, and enhance the Member and employee experience.

Today, 96% of Meridian employees use Copilot daily. Employees are also actively exploring AI through initiatives such as AskHR, Meridian’s tailored AI-powered assistant that helps answer employee questions, and EdgeLab, a collaborative space where teams can test ideas, experiment with emerging technologies and develop practical solutions to improve how work gets done across the organization.

“This recognition reflects Meridian’s commitment to embracing innovation in ways that create meaningful impact for our employees, Members and communities,” said Jay-Ann Gilfoy, President and Chief Executive Officer, Meridian Credit Union. “By pairing strong governance with employee empowerment, we’ve built an approach to AI that enables our teams to work smarter, solve problems in new ways and unlock value across the organization. We’re proud of the progress we’ve made and honoured to be recognized for our leadership in responsible AI adoption.”

The International Business Awards are the world’s premier business awards program. The 2026 program received more than 3,400 nominations from organizations in 82 nations and territories. The nominations were evaluated by more than 200 business professionals worldwide serving as judges on specialized committees.

“The 2026 International Business Awards winners represent the very best in business achievement from organizations of all sizes and across virtually every industry,” said Stevie Awards President Maggie Miller. “This year’s winners have demonstrated exceptional innovation, leadership, resilience, and results in a highly competitive global field. We congratulate every Stevie Award winner and look forward to celebrating their achievements together in Paris on October 28.”

Details about The International Business Awards and the complete list of Stevie Award winners are available at The International Business Awards.

About Meridian Credit Union

Meridian is Ontario’s largest credit union, and one of the largest in Canada. Guided by our purpose, “helping you achieve your best life,” Meridian delivers personal, and wealth financial business solutions to over 380,000 Members. Our bold Meridian for Good strategy is aimed at helping people get access to the money and advice they need; plan for a better future that is clean, resilient, and diverse; and be financially confident. Meridian has one operating subsidiaries: Meridian OneCap Credit Corp (“MOCC”). For more information, please visit: meridiancu.ca.

We acknowledge that our operations are located on Treaty 13 lands, the territory of the Mississaugas of the Credit First Nation, and the traditional territories of the Haudenosaunee and Huron-Wendat Peoples. We also recognize the ancestral and unceded territories of all First Nations, Inuit, and Métis Peoples across Turtle Island. With gratitude for their enduring care for the lands and waters, we remain committed to learning, listening, and building meaningful partnerships with Indigenous communities as we work toward a better future together.

SOURCE Meridian Credit Union

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iBase-t Names Andrew Varghese CFO to Advance AI-Native Software Growth

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October 7, 2026

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Appointment strengthens financial leadership as iBase-t builds on private equity backing to expand its AI-native digital manufacturing and sustainment platform for aerospace and defense.

LAKE FOREST, Calif., Oct. 7, 2026 /PRNewswire/ — iBase-t, a leader in digital manufacturing and sustainment software solutions for aerospace and defense, today announced the appointment of Andrew Varghese as Chief Financial Officer. Varghese joins as iBase-t accelerates investment in its platform, deepens AI capabilities, and positions the business for continued growth across the aerospace and defense market.

As aerospace and defense manufacturers scale production and modernize operations, iBase-t sees a significant opportunity to expand its role in the industry. For nearly four decades, the company has developed purpose-built software for the complex requirements of aerospace and defense manufacturing and maintenance, repair and overhaul (MRO). Its combination of deep domain expertise, mission-critical customer relationships, and expanding AI capabilities positions iBase-t for its next phase of growth.

Varghese brings deep experience in strategic finance and value acceleration having served as a senior private equity investor and operating executive for more than a decade in the industrial SaaS market. He has partnered with founders and leadership teams across several industrial SaaS companies, helping build the financial discipline and operating infrastructure needed to scale rapidly. Most recently, as CFO of Irth Solutions, he helped lead the company through more than threefold growth in annual recurring revenue, strong profitability, and a successful exit to a global growth equity firm.

“We see a substantial opportunity ahead as aerospace and defense companies invest in greater production capacity, operational resilience, and digital modernization,” said Naveen Poonian, CEO of iBase-t. “Our private equity backing gives us the ability to invest in that opportunity and build on a foundation developed over nearly four decades. Andrew brings the financial leadership and experience to help us translate those investments into platform innovation, deeper customer relationships, and sustained business growth.”

“I was drawn to iBase-t’s deep expertise in aerospace and defense and the critical role its software plays in customers’ operations during a period of unprecedented demand in the industry,” said Varghese.  “The company has a strong foundation and the backing to invest in its next phase of expansion. I’m excited to work with Naveen and the team to strengthen the financial and operating infrastructure for scale, support investment in innovation, and help iBase-t capture the opportunity ahead.”

About iBase-t

iBase-t is the global leader in AI-native digital manufacturing and sustainment software for the aerospace and defense industry. Committed to innovation, customer success, and product excellence, iBase-t ensures digital continuity across manufacturing, quality, and maintenance, repair, and overhaul (MRO) operations. iBase-t’s Solumina Manufacturing Operations Platform is a cloud-native solution that establishes a digital ecosystem to drive innovation and improve operational performance for the most critically complex manufacturers. iBase-t customers include Northrop Grumman, Leonardo DRS, Rolls-Royce, Pratt & Whitney, and Textron.

Media Contact
Tom Hennessey
(949) 958-5200
424204@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ibase-t-names-andrew-varghese-cfo-to-advance-ai-native-software-growth-302900652.html

SOURCE iBase-t

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iBase-t Names Andrew Varghese CFO to Advance AI-Native Software Growth

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26 seconds ago

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October 7, 2026

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Appointment strengthens financial leadership as iBase-t builds on private equity backing to expand its AI-native digital manufacturing and sustainment platform for aerospace and defense.

LAKE FOREST, Calif., Oct. 7, 2026 /PRNewswire/ — iBase-t, a leader in digital manufacturing and sustainment software solutions for aerospace and defense, today announced the appointment of Andrew Varghese as Chief Financial Officer. Varghese joins as iBase-t accelerates investment in its platform, deepens AI capabilities, and positions the business for continued growth across the aerospace and defense market.

As aerospace and defense manufacturers scale production and modernize operations, iBase-t sees a significant opportunity to expand its role in the industry. For nearly four decades, the company has developed purpose-built software for the complex requirements of aerospace and defense manufacturing and maintenance, repair and overhaul (MRO). Its combination of deep domain expertise, mission-critical customer relationships, and expanding AI capabilities positions iBase-t for its next phase of growth.

Varghese brings deep experience in strategic finance and value acceleration having served as a senior private equity investor and operating executive for more than a decade in the industrial SaaS market. He has partnered with founders and leadership teams across several industrial SaaS companies, helping build the financial discipline and operating infrastructure needed to scale rapidly. Most recently, as CFO of Irth Solutions, he helped lead the company through more than threefold growth in annual recurring revenue, strong profitability, and a successful exit to a global growth equity firm.

“We see a substantial opportunity ahead as aerospace and defense companies invest in greater production capacity, operational resilience, and digital modernization,” said Naveen Poonian, CEO of iBase-t. “Our private equity backing gives us the ability to invest in that opportunity and build on a foundation developed over nearly four decades. Andrew brings the financial leadership and experience to help us translate those investments into platform innovation, deeper customer relationships, and sustained business growth.”

“I was drawn to iBase-t’s deep expertise in aerospace and defense and the critical role its software plays in customers’ operations during a period of unprecedented demand in the industry,” said Varghese.  “The company has a strong foundation and the backing to invest in its next phase of expansion. I’m excited to work with Naveen and the team to strengthen the financial and operating infrastructure for scale, support investment in innovation, and help iBase-t capture the opportunity ahead.”

About iBase-t

iBase-t is the global leader in AI-native digital manufacturing and sustainment software for the aerospace and defense industry. Committed to innovation, customer success, and product excellence, iBase-t ensures digital continuity across manufacturing, quality, and maintenance, repair, and overhaul (MRO) operations. iBase-t’s Solumina Manufacturing Operations Platform is a cloud-native solution that establishes a digital ecosystem to drive innovation and improve operational performance for the most critically complex manufacturers. iBase-t customers include Northrop Grumman, Leonardo DRS, Rolls-Royce, Pratt & Whitney, and Textron.

Media Contact
Tom Hennessey
(949) 958-5200
424204@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ibase-t-names-andrew-varghese-cfo-to-advance-ai-native-software-growth-302900652.html

SOURCE iBase-t

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Reliance Launches ClearVet, Bringing Real-Time Veterinary License Verification to the Animal Health Industry

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October 7, 2026

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EAU CLAIRE, Wis., Oct. 7, 2026 /PRNewswire/ — Reliance has launched ClearVet, which helps animal health organizations confirm that the veterinarians they do business with hold active, valid licenses. ClearVet, which became available on September 11, replaces manual, state-by-state lookups with a single platform that verifies licenses, monitors them for changes, and maintains a record of every check.

ClearVet’s platform enables animal health teams to:

Search and verify veterinary licenses across all 50 states and U.S. territoriesMonitor saved licenses for expirations and status changesIntegrate license verification into their own systems through the ClearVet API

“Most teams check a veterinarian’s license once. ClearVet turns that one-time check into constant monitoring. Upload your roster, and we watch every license, every day, and tell you the moment something changes,” said Isaac Clark, co-founder of ClearVet.

ClearVet draws on Reliance’s experience connecting trading partners across the animal health industry, where the company helps manufacturers and distributors exchange, validate, and trust the partner data their businesses depend on.

About ClearVet

ClearVet, a Reliance company, provides veterinarian license verification and monitoring for animal health organizations. Its platform brings license data from all 50 states and U.S. territories into one place, helping companies stay compliant, maintain accurate records, and keep orders moving. Learn more at clearvet.com.

About Reliance

Reliance, based in Eau Claire, Wisconsin, provides EDI integration, data validation, and technology solutions for the animal health industry. Reliance turns partner data into clear, trusted information, helping manufacturers and distributors reduce manual work, improve accuracy, and gain better visibility across their supply chain. Learn more at reliancedatacorp.com.

Contact
Maria Bamonti
608.405.7620
424180@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/reliance-launches-clearvet-bringing-real-time-veterinary-license-verification-to-the-animal-health-industry-302900658.html

SOURCE Reliance

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