Huntington Bank Launches Connected Deposits with Qolo to Transform Commercial Banking

Fort Lauderdale, FL. – Oct. 27, 2025 – Qolo is proud to announce its strategic alignment with The Huntington National Bank to deliver a next-generation treasury solution for commercial clients. This initiative introduces the Connected Deposits platform, Huntington’s new ledgering and Virtual Account Management (VAM) platform, powered by Qolo’s flexible technology stack.

The Connected Deposits platform is designed to meet the evolving needs of commercial banking clients by enabling real-time cash visibility, streamlined reconciliation and scalable sub-account management, all within Huntington’s trusted infrastructure. The solution reflects Huntington’s commitment to modernizing treasury capabilities and delivering differentiated value to clients across industries.

“With Qolo’s technology powering Connected Deposits, we’re able to offer enhanced efficiency across complex cash management needs for our commercial clients,” said Alex Tsarnas, head of Huntington’s national deposits business. “This platform strengthens our ability to serve clients with specialized requirements while reinforcing Huntington’s commitment to innovation and client-centric solutions.” 

“Our alignment with Huntington reflects a shared vision for the future of commercial banking,” said Patricia Montesi, Founder and CEO at Qolo. “Together, we’ve built a solution that empowers businesses to operate with greater agility, transparency and control.”

“Through our partnership with Qolo, Huntington is taking a decisive step forward in commercial banking innovation,” said Deepak Kapoor, head of enterprise payments products? at Huntington Bank. “Connected Deposits will empower our clients with the tools they need to manage their finances more efficiently and securely, while reinforcing Huntington’s position as a forward-thinking leader in treasury management.”

The launch of Connected Deposits follows Huntington’s minority strategic investment in Qolo earlier this year, underscoring the bank’s focus on innovation and client-centric growth. The solution will debut at Money20/20 in Las Vegas Oct. 26-29, where leaders from both organizations will share insights into the development process and the broader impact on the commercial banking landscape.

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