SEATTLE--(BUSINESS WIRE)--Jan 29, 2026--
Convera, a global leader in commercial payments, today announces the appointment of Meaghan Riley to Chief Commercial Officer, as the company continues its growth trajectory, expands to new markets, and drives scalable revenue opportunities across geographies and sectors. Prior to Convera, Meaghan was Chief Operating Officer for Google Cloud North America, where she led a major go-to-market transformation and launched high-growth segments.
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“Meaghan’s impressive career journey and proven track record brings exceptional experience and unique assets that will strengthen our leadership team at this pivotal moment in Convera’s journey,” said Patrick Gauthier, CEO, Convera. “Meaghan’s leadership will be instrumental in delivering on our commitment to make global business payments simpler and smarter—serving our customers with excellence while building a high performing, aligned organization.”
“As Convera continues to lead the market and deliver next generation commercial payments globally, Meaghan will play a key role in advancing our vision. She brings to Convera the know-how to enhance our market presence and unify our go-to-market (GTM) teams into a powerful, revenue growth engine,” stated Bill McNichols, Convera Chairman of the Board, co-founder and managing partner of Goldfinch partners.
Prior to leading operations for Google Cloud, Meaghan held senior leadership roles at DocuSign and SAP. She has delivered exceptional growth and financial results across industries, having led complex operations in North America, Europe, Asia, and Latin America. Her financial acumen and strong capabilities leading GTM teams will help Convera position itself as a global leader in business payments. She is a passionate advocate for diversity and inclusion, championing programs to foster equity and representation in the workplace.
“I am proud and energized to join this ambitious leadership team as they continue to lead the market,” said Meaghan Riley, newly appointed Chief Commercial Officer, Convera. “Convera’s core values and growth mindset attracted me to join the movement they are leading, and together, I am excited to unlock new revenue opportunities and meet the rapidly growing global customer demand for modern commercial payments.”
Convera Drives Sustainable Growth Across Segments
“We knew 2025 would be an ambitious year for Convera. Like many organizations, we’ve had to navigate through uncertainty, but we’ve responded with resilience in a moment of challenge and complexity. As a result, we’ve made meaningful, measurable accomplishments worthy of celebrating,” said Gauthier.
In 2025, Convera accelerated its transformation. The company delivered record performance, achieving double digit revenue growth and increased total turnover to nearly USD 190B with payments transaction capacity reaching more than 18,000 transactions per hour. The company was recognized for its services by marquis customers across segments, including Identity Digital, IDB Global Federal Credit Union, Betcris, Melecs and Prisma Capital, to name a few.
Convera also invested in future-proofing security and compliance measures by completing its SOC2 certification, in addition to establishing a new strategic collaboration with iPID, a global Know Your Payee (KYP) verification provider, to enhance our payment validation process and comply with the Verification of Payee (VoP) mandate issued by the European Union. Furthermore, Convera successfully deployed AI-powered solutions across the entire organization, to elevate productivity and enable teams in engineering, sales, marketing, and operations to reach new heights of innovation and impact.
About Convera
Convera is a global leader in commercial payments. With an unrivaled regulatory footprint and a financial network spanning more than 140 currencies and 200 countries and territories, Convera is reimaging the future of business payments. We combine tech-led payment solutions with deep expertise in foreign exchange, risk management, and compliance. From small businesses to CFOs and treasurers, we’re helping our customers grow with confidence. Convera makes business payments simple, smart, and secure.
To learn more about Convera, visit https://convera.com.
Meaghan Riley, Chief Commercial Officer, Convera
NEW YORK (AP) — The worst day for Microsoft in years is yanking the U.S. stock market away from its record heights on Thursday. The fever in the gold and metals markets may be breaking, meanwhile, as prices pull back following their jaw-dropping runs.
The S&P 500 dropped 1.1% after flirting with its all-time high earlier in the morning. The Dow Jones Industrial Average was down 203 points, or 0.4%, as of 11:15 a.m. Eastern time, and the Nasdaq composite was 2.1% lower.
Microsoft was the heaviest weight on the market by far, and it sank 12.3% even though the tech giant reported stronger profit and revenue for the latest quarter than analysts expected. Investors honed in instead on how much Microsoft is spending on investments, whether growth in its Azure cloud business will slow and how long its push into artificial-intelligence will take to turn into big profits.
Its stock is on track for its worst day since the stock market's COVID crash in 2020, and it was alone responsible for more than half the S&P 500's drop.
Tesla also weighed on the market after falling 2%. It delivered a bigger profit for the latest quarter than analysts expected, but the results were sharply lower than from a year earlier. Tesla’s leader, Elon Musk, has been trying to get investors to focus less on its flagging car sales and more on the company’s robotaxis and robots.
Companies across the market are under pressure to deliver at least solid growth in profits following record-setting runs for their stock prices. Stock prices tend to follow the path of corporate profits over the long term, and earnings need to rise to quiet criticism that stock prices have grown too expensive.
ServiceNow dropped 10.7% even though it reported a stronger profit for the latest quarter than expected. Analysts praised the performance, but it wasn’t enough to stop a slide for the stock that’s been underway since the summer.
Still, more stocks rose in the S&P 500 than fell. Leading them was Meta Platforms. The company behind Facebook, Instagram and WhatsApp rallied 7.4% after topping profit expectations, even though it also said it will continue its massive investments in AI.
IBM was another winner and climbed 5.7% after surpassing analysts’ expectations for profit and revenue. Southwest Airlines flew 12.9% higher even though its profit fell short of forecasts. It gave a forecast for earnings in 2026 that blew past analysts’ expectations, saying it’s seeing strong momentum after making big changes to its business like charging baggage fees and having assigned seating.
Some of the wildest action in financial markets was again for precious metals.
Gold’s price rallied near $5,600 per ounce in the morning before suddenly falling back to $5,274.30. That's down 1.2% from the prior day, and it briefly dropped below $5,200.
It was only on Monday that gold's price topped $5,000 for the first time, and it had nearly doubled over the last 12 months.
Silver, which has been zooming higher in its own feverish run, fell 1.6%.
Prices for precious metals had been surging as investors looked for safer things to own while weighing a wide range of risks, including a U.S. stock market that critics call expensive, political instability, threats of tariffs and heavy debt loads for governments worldwide.
But safety can come at a price when it's really expensive. The huge run for gold and silver raised criticism that their prices had run too far, too fast and were due for a pullback. Even bitcoin, which is pitched as a form of “digital gold,” fell sharply. It sank more than 5% and dropped below $85,000.
The U.S. dollar has seen its value sink over the last year because of many of the same risks that drove gold's price higher, but the dollar held relatively steady against the British pound, euro and other competitors Thursday.
In the bond market, the yield on the 10-year Treasury fell to 4.23% from 4.26% late Wednesday.
The Federal Reserve decided Wednesday to at least pause cuts to its main interest rate. That was after the Fed cut rates three times in a row to close out 2025 in an attempt to shore up the job market.
Helping to keep the Fed on pause is the fact that inflation remains stubbornly above the central bank’s 2% target. Lower rates can worsen inflation. They could also further undercut the U.S. dollar’s value, which would help U.S. exporters.
Trump has been pushing aggressively for lower rates and once again on Thursday criticized the Fed's chair, Jerome Powell, personally for being “too late” to cut.
In stock markets abroad, indexes rose across much of Europe and Asia.
South Korea’s Kospi climbed 1% for one of the world’s bigger moves, lifted to another record in part by chipmaker SK Hynix.
AP Business Writers Yuri Kageyama and Matt Ott contributed.
Trader William Lawrence works on the floor of the New York Stock Exchange, Monday, Jan. 26, 2026. (AP Photo/Richard Drew)
A person walks in front of an electronic stock board showing Shanghai, Nikkei and New York Dow indexes at a securities firm Wednesday, Jan. 28, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Jan. 28, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Jan. 28, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A man stands near an electronic board displaying stock prices and Jakarta Stock Exchange Composite Index, at the Indonesia Stock Exchange in Jakarta, Indonesia, Wednesday, Jan. 28, 2026. (AP Photo/Tatan Syuflana)
A man walks past an electronic board displaying stock prices and Jakarta Stock Exchange Composite Index, at the Indonesia Stock Exchange in Jakarta, Indonesia, Wednesday, Jan. 28, 2026. (AP Photo/Tatan Syuflana)
