Fintech
Collateral Management: Haircuts, Margin Calls, and Liquidity
A first-principles guide to Collateral Management, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
Kestrel Q3 Loss Widens to $16.4 Million as Program Fees Rise 203%
Kestrel Group reported on November 6, 2026, that its third-quarter net loss widened to $16.4 million in U.S. dollars, or $2.09 per share, from $5.1 million, or $0.65 per share, a year earlier, even as Program Services fee income rose…
Aon and Blackstone Funds Launch Cortina Reinsurance Syndicate
Aon announced on November 6, 2026 that it and funds managed by Blackstone had launched Cortina syndicate 1956, a new Lloyd’s syndicate intended to provide dedicated, multi-year reinsurance capacity and broaden the capital available to clients. QBE will act as…
Digital Banking Anxiety: Why App Design Matters
Moving money takes seconds. Feeling confident about where it went can take longer. A confusing confirmation screen, an unexpected security warning, or difficulty reaching support can turn an ordinary banking task into a stressful experience. Digital banking has made financial…
Finfluencers and the Urge to Defend Bad Investments
Trading Apps and the Psychology of Impulsive Investing A stock alert arrives. A financial influencer explains why the company could soar. Minutes later, another post repeats the argument. By the time an investor opens a trading app, the decision can…
Wealthsimple Assets Reach $169.2 Billion as Net Flows Hit $11 Billion
Wealthsimple ended the third quarter of 2026 with $169.2 billion in assets under administration, up 68% from a year earlier, the company reported on November 5, 2026. Assets rose 9% from the previous quarter, while quarterly net flows reached $11…
Lightspeed Organic Revenue Rises 15% as Quarterly Loss Narrows
Lightspeed Commerce announced on November 5, 2026, that revenue for its fiscal second quarter ended September 30, 2026, reached $323.8 million, up 15% on an organic basis, while its net loss narrowed to $4.2 million from $32.7 million a year…
iCapital to Distribute Mubadala Capital Evergreen Strategy
iCapital announced on November 5, 2026 that an evergreen private markets strategy sponsored by Mubadala Capital will be made available to qualified investors through iCapital Marketplace, expanding the fintech company’s offering for wealth managers and their clients across the Middle…
Corpay Closes Epyx Sale in Second Vehicle Payments Exit
Corpay announced on November 4, 2026 that it had completed the sale of its UK-based vehicle-maintenance business to OEConnection, a Francisco Partners portfolio company. The divestiture is expected to be neutral to Corpay’s 2026 Cash EPS outlook, its adjusted per-share…
Gateway Mortgage Signs Agreement for ICE Servicing Technology
Intercontinental Exchange announced on November 4, 2026 that Gateway Mortgage, a division of Gateway First Bank , had signed an agreement to implement ICE’s MSP mortgage servicing system, with plans to adopt ICE Servicing Digital, ICE Customer Service and ICE…
Synthetic Identity Fraud: How It Works and Gets Detected
A first-principles guide to Synthetic Identity Fraud, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
Aon Renewal Lifts Client Treaty Co-Insurance to 35% for 2027
Aon announced on November 4, 2026 that it had renewed the Aon Client Treaty, increasing the facility’s co-insurance share to 35% of eligible business from January 1, 2027, compared with 28.5% for 2026. The revised terms cover business placed through…
Broadridge Recurring Revenue Rises 11% as GAAP EPS Falls 41%
Broadridge Financial Solutions reported on November 3, 2026 that recurring revenue rose 11% to US$1.08 billion in its fiscal 2027 first quarter, while GAAP diluted earnings per share fell 41% to $0.83 as digital-asset losses and restructuring costs weighed on…
Revolut Launches New Zealand Bank With NZ$120 Million Investment Plan
Revolut announced on 3 November 2026 that it had officially launched Revolut Bank New Zealand after securing registration from the Reserve Bank of New Zealand, alongside a commitment to invest NZ$120 million in local operations over the next five years.…
SS&C Allocates $240 Million in Term A-9 Loans to Help Refinance 2027 Notes
SS&C Technologies Holdings announced on November 2, 2026 that it has allocated to lenders $240 million of incremental term A-9 loans under its existing term loan A facility and $400 million of additional commitments under its existing revolving credit facility,…
