Traditional risk frameworks often ask two questions: how likely is the risk, and how severe would it be? In modern banking, a single weakness can move through the institution as a chain reaction. A process failure, for example, may begin as operational risk. If that process affects interest-rate modeling or credit calculations, it can evolve…
BDC backs dual‑use fintech innovators Photonic, Lastwall in new defence‑focused fund – The Business Development Bank of Canada (BDC) announced Monday a pair of strategic investments targeting Canadian firms that blend commercial fintech capabilities with national‑defence applications. The moves, made through BDC’s newly created StrongNorth Fund and a partnership with the UBC Sauder Scale‑Up Program,…
Riverty, the fintech arm of Bertelsmann, announced on May 27, 2026 that it has been granted an EU CRR banking licence in Luxembourg—a regulatory milestone that will enable the company to launch a fully‑licensed bank in July and scale its embedded finance platform across ten European markets. Riverty’s new licence marks a decisive shift from its previous…
Traditional risk frameworks often ask two questions: how likely is the risk, and how severe would it be? In modern banking, a single weakness can move through the institution as a chain reaction. A process failure, for example, may begin as operational risk. If that process affects interest-rate modeling or credit calculations, it can evolve…
BDC backs dual‑use fintech innovators Photonic, Lastwall in new defence‑focused fund – The Business Development Bank of Canada (BDC) announced Monday a pair of strategic investments targeting Canadian firms that blend commercial fintech capabilities with national‑defence applications. The moves, made through BDC’s newly created StrongNorth Fund and a partnership with the UBC Sauder Scale‑Up Program,…
Riverty, the fintech arm of Bertelsmann, announced on May 27, 2026 that it has been granted an EU CRR banking licence in Luxembourg—a regulatory milestone that will enable the company to launch a fully‑licensed bank in July and scale its embedded finance platform across ten European markets. Riverty’s new licence marks a decisive shift from its previous…
Paysafe takes the stage at RBC Capital Markets Global FinTech Conference – On June 9, 2026, Paysafe Limited (NYSE: PSFE), the cross‑border digital payments platform, will join a roster of fintech leaders for a fireside chat at the RBC Capital Markets Global Financial Technology Conference in New York. The session, scheduled for 3:30 p.m. ET, gives the company a high‑visibility…
Pershing Square SPARC Gets SEC Nod for NYSE Trading — the acquisition vehicle announced on Tuesday that the U.S. Securities and Exchange Commission has approved a change to New York Stock Exchange listing rules, clearing the path for its subscription rights (SPARs) to list on the exchange later this year. Pershing Square SPARC Holdings, Ltd. (SPARC) is a novel acquisition…
Royal London Asset Management has deepened its partnership with SS&C Global Investor & Distribution Solutions, announcing a comprehensive fund‑administration rollout for a new suite of Australian active funds. The deal, unveiled on May 27, 2026, signals a strategic push by both firms to capture growth in the Asia‑Pacific wealth‑management market. What the announcement entails SS&C Technologies (Nasdaq: SSNC) will provide end‑to‑end fund administration,…
Corlytics Sharpens Leadership for Next Phase of Growth – the Verdane‑backed regulatory intelligence firm announced today that Lisa Miles‑Heal will take over as chief executive officer in June, marking a strategic shift aimed at scaling its AI‑driven compliance platform into a global market leader. Leadership transition fuels growth ambition Corlytics, a niche player that has built…
Tide fintech platform hits 2 million members worldwide – The UK‑based business‑management solution announced it has surpassed the two‑million‑member mark, driven by explosive growth in India and solid traction across Europe. The milestone underscores Tide’s expanding role in the digital‑payments and embedded‑finance ecosystem. What Tide announced London‑headquartered Tide disclosed that its SME‑focused platform now serves more…
Duco Launches the First Agentic Operations Platform for Financial Services, a new AI‑driven suite that promises to automate and scale post‑trade workflows for banks and asset managers. Duco’s announcement marks a decisive step toward marrying large‑scale data reconciliation with autonomous agents. Built on the same engine that already handles roughly 20 billion transactions a month for more…
Deal Structure and Participants Monroe Capital LLC acted as lead arranger and administrative agent on a senior credit facility designed to fund Warburg Pincus’ acquisition of Cornerstone Caregiving. The facility, though undisclosed in size, provides senior‑care operator Cornerstone with flexible, long‑term liquidity to expand its in‑home services across Texas and beyond. Warburg Pincus, a global private‑equity firm…
