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Basware Completes Acquisition of Trustpair, Strengthening Financial Integrity from Invoice to Payment

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Trustpair will continue to operate independently, while the combination brings invoice and payment assurance into one lifecycle

PARIS, Oct. 5, 2026 /PRNewswire/ — Basware, the global leader in Invoice Lifecycle Management (ILM), today announced the completion of its acquisition of Trustpair, a leading payment fraud prevention platform, following the agreement announced in August. 

The acquisition extends Basware’s invoice lifecycle management capabilities all the way to the payment itself: an invoice can be authentic, accurate and properly approved, but the supplier bank account associated with it may be fraudulent.

Trustpair will continue to operate independently, maintaining its existing platform, specialist focus, customer relationships, contracts, and support. The company will continue to support and expand integrations across ERP, treasury, procure-to-pay and payment platforms. Customers will continue to be able to deploy Trustpair across their existing finance environments, whether or not they use Basware. This open ecosystem strategy remains unchanged and central to Trustpair’s approach.

The First End-to-End Lifecycle Assurance from Invoice to Payment

The acquisition brings together complementary capabilities that connect invoice and payment assurance. Basware establishes the validity of the invoice by helping finance teams determine whether an obligation is authentic, accurate, compliant, and approved. Trustpair extends that to payment assurance by validating whether the supplier is genuine, the bank account belongs to that supplier, and the payment is going to the intended destination.

Together, these capabilities deliver financial integrity: a connected view of the financial decision behind every payment, linking the invoice and payment in one governed lifecycle.

As payment fraud increasingly targets supplier identities and bank details rather than the invoice itself, finance teams must establish trust when supplier data first enters the business, maintain it as information changes, and validate it again before funds are released. The combination of Trustpair and Basware makes this possible.

Jason Kurtz, CEO at Basware, commented on the completed acquisition:

“Trustpair has built a distinct capability around one of the most important control challenges facing finance teams today. An invoice can be authentic and accurate, but the financial outcome is still wrong if the payment goes to the wrong account. By bringing Basware’s invoice lifecycle management capabilities together with Trustpair’s payment assurance, we can help customers make that complete financial decision with greater confidence. Since we announced the agreement, customers have told us this is the missing piece they have been waiting for, and that excitement has only grown as we get closer to bringing our capabilities together.”

Baptiste Collot, Co-founder and CEO at Trustpair, added on the acquisition:

“Since announcing our intent to join forces, the market signal has been overwhelmingly clear: finance leaders recognize you can no longer dissociate the invoice from payment assurance without exposing your business to severe fraud. As payment threats become more sophisticated with AI, fraud prevention must be an active, connected layer across the entire invoice and payment lifecycle. While maintaining our independent, system-agnostic approach, we will tap into Basware’s scale, resources, and deep data foundation to innovate faster and continue building on our nine-year legacy of specialist payment assurance.”

For Basware’s 6,500+ customers, the acquisition provides broader assurance across the invoice-to-payment lifecycle. Longer term, the companies see an opportunity to combine Basware’s invoice and supplier context, spanning 2.5 billion invoices and 20 million suppliers, with Trustpair’s fraud-specific intelligence to identify risk earlier, automate validation and give finance teams a more complete view of what a company owes, why it owes it, who should receive the payment, and where the money should go.

Learn More

For more information, a webinar recording on the Basware and Trustpair acquisition is available here: https://www.basware.com/en/resources/from-trusted-suppliers-to-trusted-payments 

About Basware

Basware is the market leader in Invoice Lifecycle Management. One platform, four outcomes CFOs can rely on: Governed Autonomy, Continuous Compliance, Financial Integrity, Enterprise Control. Our platform governs your entire AP process end-to-end, across every country, every ERP, every supplier. Built on 40+ years of industry firsts and trusted by 6,500+ customers worldwide, including DHL, Heineken, and NBC Universal Media. With Basware, Now it all just happens.™

About Trustpair

Trustpair is the global standard for enterprise payment fraud prevention, securing payments for over 600 world-leading organizations, including leading Fortune 500 companies. By embedding AI-driven risk intelligence directly into existing finance ecosystems, Trustpair automates manual account validation to become a centralized, strategic layer of payment security. With a global presence in New York City, Paris, and London, Trustpair empowers finance teams to outsmart sophisticated fraudsters at scale. The platform is SOC 2 Type II and ISO 27001 certified.

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SOURCE BASWARE HOLDINGS LIMITED

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GIGABYTE AI TOP ATOM 64GB Unified Memory Version Expands Possibilities for Desktop AI Development

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TAIPEI, Oct. 5, 2026 /PRNewswire/ — GIGABYTE today announced the launch of a new 64GB unified memory version of GIGABYTE AI TOP ATOM, expanding its existing 128GB offering. Available starting October 23, the new configuration retains the hardware design of AI TOP ATOM, based on the NVIDIA DGX Spark platform, giving developers, researchers, and enterprise teams greater flexibility to select the configuration that best fits their AI workloads and memory requirements, while enabling dedicated on-premises AI development environments.

As generative AI and agentic AI applications continue to evolve, model testing, data processing, and application validation are becoming increasingly integral to everyday development workflows. GIGABYTE AI TOP ATOM integrates AI computing capabilities into a compact desktop form factor, enabling users to perform model inference, prototype development, and data analysis in offices, laboratories, and educational environments. By running models and processing data locally, users can maintain greater control over development resources and project data while reducing reliance on cloud computing resources.

The new 64GB unified memory version, together with the existing high-capacity 128GB version, creates a more comprehensive AI TOP ATOM product lineup. Users can evaluate and select the memory capacity that best matches their model sizes, workflows, and multitasking requirements, enabling them to develop AI applications on the same platform and progress from early proof-of-concept development to practical deployment. With built-in ConnectX-7 networking, developers can cluster up to 4 units with NVIDIA Sync for larger memory pool and compute capability.

On the software side, AI TOP ATOM integrates NVIDIA CUDA accelerated AI software ecosystem with GIGABYTE AI TOP Utility, providing capabilities including model downloading, inference, and retrieval-augmented generation (RAG) to help users establish local AI workflows. Developers can explore open models, test AI assistants, or leverage their own documents to build knowledge-based question-and-answer applications, allowing them to continuously refine and validate solutions based on project requirements and accelerate the transition from ideas to real-world applications.

GIGABYTE is also continuing to explore the potential of AI TOP ATOM for agentic AI applications. In a multi-node scientific computing demonstration, GIGABYTE integrated NVIDIA Nemotron open models with the NVIDIA NemoClaw open agent blueprint to connect research hypothesis generation with simulation workflows, demonstrating the potential of AI agents to support scientific research. Through the continued integration of hardware platforms, software tools, and real-world applications, GIGABYTE is committed to expanding the use cases for desktop AI computing.

With the addition of the 64GB unified memory version, AI TOP ATOM is now available in both 128GB and 64GB configurations, addressing the needs of users across different stages of AI development and application scales. GIGABYTE will continue to expand its AI TOP product portfolio and software ecosystem, helping individuals and enterprise teams build on-premises AI capabilities and bring AI from technology exploration into everyday applications.

The GIGABYTE AI TOP ATOM 64GB unified memory version is officially available starting October 23, 2026. Product availability, sales channels, and pricing may vary by region. Please refer to GIGABYTE’s official announcements and authorized local distributors for details.

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SOURCE GIGABYTE

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MEXC and Payward Signal Intent to Explore Broader Collaboration Ahead of TOKEN2049

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MUTSAMUDU, Comoros, Oct. 5, 2026 /CNW/ — MEXC, a pioneer in 0-fee digital asset trading, and Payward, the parent company of Kraken, are in discussions to explore a collaboration as both platforms look at how exchanges can better serve users across evolving global markets. The two companies will bring the conversation to TOKEN2049 Singapore, where MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi will join a panel on the MEXC Stage to discuss the next phase of trading platforms and share further perspectives on collaboration between exchanges.

The discussion comes as trading platforms respond to several shifts happening at the same time. Users are seeking broader access across crypto and traditional markets, AI is changing how investors research and interact with trading tools, and social trading is creating new ways to discover and participate in market opportunities. Against this backdrop, exchanges are increasingly looking beyond individual products toward how market access, infrastructure, liquidity and user experience can work together more effectively. As platforms evolve, exchange security and user asset protection will also remain an important part of the conversation.

As the exchange industry evolves, platforms are building different strengths across user experience, market access, infrastructure and trading capabilities. MEXC has focused on retail user experience, deep liquidity and perpetual trading across crypto and TradFi assets, while Payward brings global compliant financial infrastructure, professional trading capabilities and a strong U.S. market presence. These different strengths create room to explore where broader collaboration could add value for users.

“Users increasingly expect broader market access without more complexity,” said Vugar Usi Zade, CEO of MEXC. “The next stage of trading will require strong user experience, liquidity, infrastructure and market access to work more closely together. As exchanges continue to evolve, there is growing room to explore where collaboration across the industry can create more value for users.”

The TOKEN2049 panel will take place on October 7 from 12:30 to 13:00 at the MEXC Stage, and will explore the trends reshaping trading, how exchanges are preparing for changing user expectations, and where greater collaboration between platforms could create value. The conversation will also look at the convergence of crypto and TradFi, the growing role of AI in trading, and how global trading platforms may evolve as markets and infrastructure become more connected.

About MEXC

Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.

With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.

MEXC Official Website| X | Telegram |How to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.

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SOURCE MEXC

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Solidion Technology (NASDAQ: STI) Remains Firm on Flux Power (NASDAQ: FLUX) Below Market Offer in Response to Flux Board Rejection

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Sees no Basis to Increase Its Offer as Flux Power Continues to Face Highly Dilutive Financing Requirements, Regulatory Issues, and Default Risk

DALLAS, Oct. 5, 2026 /PRNewswire/ — Solidion Technology, Inc. (NASDAQ: STI) (“Solidion Technology” or “the Company”), an advanced battery technology solutions provider, today responded to the decision of the Board of Directors of Flux Power Holding, Inc. (NASDAQ: FLUX) (“Flux Power” or “Flux”) to reject Solidion’s previously announced acquisition proposal. Solidion considers its bid to be best and final.

“Solidion strongly disagrees with the Flux Power Board’s assertion that its proposal ‘significantly undervalues’ the company,” said Jaymes Winters, Chairman and CEO of Solidion Technology. “This offer takes into account the capital and execution required to stabilize the business, and Solidion has no intention of increasing its offer at this time.”

Winters continues, “Solidion is and always will be an opportunistic acquirer of companies it believes will complement and amplify its existing technology. In doing so, we will be resolute custodians of our shareholder value and not seek opportunities that are overpriced, beyond repair or not related to Solidion’s growth strategy. We will continue to pursue other prospects in parallel with FLUX.”

In Solidion’s opinion:

Flux Power still faces an immediate need for capital, resulting in highly discounted equity issuance: Private placements, equity lines of credit or other highly dilutive capital facilities used in this distressed manner (which may have been utilized on 10/02/2026) will only accelerate the loss of shareholder value. If the Board believes that its strategy offers greater shareholder value, Solidion believes that shareholders deserve to know how much additional capital will be required, where it will come from, and what it could cost existing shareholders.In order to meet their stated objectives, Flux Power requires, at minimum, $10 million in fresh capital: In order to achieve this without substantial shareholder dilution, the only alternative financing path is an acquisition of Flux by a stronger company.Flux Power continues to face NASDAQ listing pressure: On July 24, 2026, Flux Power received notice from NASDAQ that its common stock had closed below the $1.00 minimum bid price for 30 consecutive business days, providing an initial 180-day period to regain compliance. Additionally, in the event that a reverse stock split becomes necessary, the post-stock split decay risk has historically resulted in a 20-40% decline in the price per share.Changing macroeconomic winds remain a significant risk: Flux Power’s expectations for easing headwinds overlook continued uncertainty in the macroeconomic environment, particularly with regard to the significant tariff exposure facing its supply chain. In order to overcome these challenges, a company with a strong balance sheet is far better suited to weather macroeconomic uncertainties.

Solidion believes that Flux Power shareholders should be given the transparency and information necessary to make an informed assessment of the condition of Flux’s ability to continue as a going concern, and deserve a clear choice between an acquisition that provides a large degree of certainty or continuing to fund a turnaround whose ultimate cost, dilution, and outcome remain critically uncertain.

About Solidion Technology, Inc.

Headquartered in Dallas, Texas with pilot production facilities in Dayton, Ohio, Solidion’s (NASDAQ: STI) core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems, including UPS systems serving the artificial intelligence (AI) data center market and electric vehicles for ground, aerospace, and sea transportation. Solidion holds a portfolio of over 385 patents, covering innovations such as high-capacity, silane gas free and graphene-enabled silicon anodes, biomass-based graphite, advanced lithium-sulfur and lithium-metal technologies.

For more information, please visit www.solidiontech.com or contact Investor Relations.

Important Information Regarding the Proposed Transaction

Solidion has expressed its interest in pursuing a potential acquisition of Flux Power Holdings, Inc. No assurance can be given that a definitive agreement will be entered into or that any transaction will ultimately be commenced or consummated. This is not a legally binding obligation, offer, or commitment by either party. No past, present, or future expression of intent, proposal, discussion, or course of conduct shall give rise to any legally binding contract or obligation to proceed with or close the proposed transaction unless and until a definitive written acquisition agreement has been fully executed. Any proposed transaction would be subject to applicable legal and regulatory requirements, the completion of due diligence, financing considerations, required approvals and other customary conditions.

This communication is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell any securities. Additionally, this communication does not constitute an offer to buy or solicitation of an offer to sell any securities. This communication relates to a proposal which Solidion has made for a business combination transaction with  Flux. This communication is not a substitute for any proxy statement, registration statement, tender offer statement, prospectus or other document the parties may file with the SEC in connection with the proposed transaction.  This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. If and when a transaction is commenced, Solidion expects to file applicable materials with the U.S. Securities and Exchange Commission. Investors and security holders are urged to read such materials carefully and in their entirety when and if they become available because they will contain important information.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the “Company,” “Solidion,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

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