How new payments tech is fueling Huntington's merger conversions

▤ Summary

Huntington Bancshares is using new payments technology to support the integration of its recent bank acquisitions. The bank joined The Clearing House’s CHIPS network to add redundancy, improve international payments, and reduce customer churn during merger conversions. Huntington is also expanding embedded payments and banking APIs for business clients, which can increase transaction volume and create new digital service requirements. The article also points to broader CHIPS adoption as banks seek stronger resiliency, better netting, and post-ISO 20022 payment modernization.

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