Finance, Banking & Insurance

Toronto – October 28, 2026 -- The Ontario Securities Commission has issued a receipt for CADC Reserve Trust's final prospectus dated October 22, 2026, qualifying a continuous offering of a Canadian dollar-referenced stablecoin in every Canadian province and territory at a fixed price of C$1.00 per token.

CADC Reserve Trust sells tokens through Authorized Participants

The issuer distributes CADC Tokens, which reference the Canadian dollar on a one-for-one basis, through a network of Authorized Participants. These may include registered crypto trading platforms, Canadian financial institutions and platforms that hold exemptive relief to trade stablecoins on a non-custodial basis. Participation is subject to the eligibility requirements in the prospectus and the applicable exemptive relief. Loon Payments Inc. is the servicer and administrator of the issuer.

Cologne – October 28, 2026 -- DEG - Deutsche Investitions- und Entwicklungsgesellschaft has committed its 100th ImpactConnect financing, a €5 million loan to KBE Tunisie, a subsidiary of Germany's KBE Group. The loan funds a new production site in Monastir, Tunisia.

ImpactConnect has provided €345 million in loans across 25 markets since 2019

The program has co-financed investments by German companies in 25 emerging markets since its 2019 launch. Companies contributed roughly €350 million of their own funds alongside the €345 million in ImpactConnect loans.

The German Federal Ministry for Economic Cooperation and Development (BMZ) provides the funding. ImpactConnect is the second pillar of DEG's financing offer for German companies, next to DEG's own-funds financing.

Frankfurt am Main – October 28, 2026 -- KfW committed €225 million through its ERP Founder Loan – StartGeld in the first half of 2026, a 75 percent increase on the same period of 2025.

KfW issues about 2,320 commitments, 34 percent more than a year earlier

Between January and June, the German promotional bank granted roughly 2,320 commitments under the programme, which covers business start-ups, company successions and the expansion of young businesses. Funding volume grew faster than the number of approvals (75 percent versus 34 percent). The KfW Start-up Monitor published in May had already shown rising company formation in Germany.

BOSTON – October 28, 2026 -- Mutual Benefit Group (MBG) has selected four Duck Creek products, Policy, Billing, Producer Portal and Clarity Data Foundation, to run a greenfield build of its future-state platform for a new business in Delaware, Duck Creek announced.

MBG to launch three commercial lines in Delaware

The Delaware business will start with Businessowners Policy, Commercial Umbrella and Workers' Compensation coverage. MBG will expand into other states only once it has proven out the model, according to the company.

Existing Duck Creek Claims and OnDemand use anchors the expansion

MBG already runs Duck Creek Claims and Duck Creek OnDemand. The new deployment extends that cloud foundation to the new lines of business, and MBG plans to apply the internal platform expertise it has built over time.

MINNEAPOLIS and HOUSTON – October 28, 2026 -- Skyward Group has become the primary carrier partner of AI-native insurer Slingshot Insurance. The deal gives Slingshot customers access to an AM Best A-rated carrier in all 50 U.S. states.

Skyward co-led Slingshot's $27 million seed round

The partnership follows Slingshot's emergence from stealth with a $27 million seed round co-led by Skyward Group. Skyward's operating businesses include Skyward Specialty Insurance Group, Inc. and Apollo Group Holdings Ltd. The group trades on Nasdaq under the ticker SKWD.

Wiesbaden – October 28, 2026 -- German households saved 18.9% of their gross disposable income in 2025, 4.6 percentage points above the European Union average of 14.3%, according to the Federal Statistical Office (Destatis), which published the data ahead of World Savings Day on Oct. 30/31.

Germany ranks above France, the Netherlands, Austria and Italy

French households saved 17.8% of disposable income in 2025, Dutch households 17.4% and Austrian households 15.7%. Italy recorded 10.8%. Switzerland posted 27.4%, the highest among the countries comparable to Germany. Destatis attributes the Swiss figure to the greater role of private retirement provision there. The United States recorded 10.7%.

Ten-year average of 19.1% confirms Germany's saving habit

German households saved 19.1% of income on average over the past ten years. Every comparison country had a lower long-term figure:

Brazil – October 27, 2026 -- Snowflake has made its Online Feature Store generally available, serving machine learning features in under 10 ms for real-time fraud detection. Two financial-sector customers, Neon and VALID Systems, report lower latency and lower fraud losses after moving to the platform.

Neon halves P99 feature latency to 72 ms after vendor discontinuation

Neon, a Brazilian digital financial institution with over 27 million customers, routes every login, card payment, transfer and loan request through Viper, its in-house fraud engine. Its previous feature store vendor, Tecton, was being discontinued, which set a hard deadline.

In three months, Neon's team rebuilt almost 300 features across eight fraud workflows on Snowflake Feature Store. P99 feature latency fell from 140 ms to 72 ms, almost twice as fast. Viper's service availability rose from 99.7% to 99.9%.

Hamburg – October 27, 2026 -- German corporate insolvencies will rise 8% in 2026 to 25,900 cases, the highest level in 13 years, according to Allianz Trade's latest global insolvency study. The credit insurer expects no relief in 2027, with cases flat (0%) at the same level.

Allianz Trade raises German forecast well above spring estimate

In spring, Allianz Trade projected a 2% rise for Germany in 2026, or 4% if the Middle East conflict persisted. Transport and logistics, construction, hospitality, and the automotive and mechanical engineering industries are hit hardest, according to Milo Bogaerts, CEO of Allianz Trade for Germany, Austria and Switzerland.

Cases have climbed a cumulative 85% since 2021 and sit 30% above pre-pandemic levels, though still well below global financial crisis peaks. A 5% decline to 24,600 cases is forecast for 2028, as economic headwinds ease and fiscal stimulus takes effect.

LONDON – October 27, 2026 -- Solana Foundation has named 37 additional speakers for Solana Breakpoint 2026, taking place 15-17 November at Olympia London, adding UK political figures and executives from payments, banking and market infrastructure to the program.

UK policymakers and City chairs join the stage

Revolut Chair Martin Gilbert will appear alongside former Prime Minister Boris Johnson, former Chancellor Sajid Javid, Standard Life Chair Sir Nicholas Lyons and ICE Europe President Hester Serafini. Lord Vaizey of Didcot, a former culture and digital economy minister, is also on the list. Patrick Witt, former Executive Director of the President's Council of Advisors for Digital Assets at the White House, adds a Washington perspective.

The Foundation framed the lineup around the UK debate on keeping capital, listings and talent in London.

Global – October 27, 2026 -- Coalition's newly appointed Chief Information Security Officer, a 25-year InfoSec veteran, argues that security teams run on a finite supply of organizational trust, and that high-friction controls drain it and push staff toward less-protected workarounds.

Coalition's CISO treats organizational trust as a limited token budget

The executive spent five years at Coalition before taking the CISO role. The CISO describes trust as a basket of tokens: every control costs tokens, and some cost more than others. Friction belongs only where risk warrants it, while teams should look for changes that raise protection and lower cost at once. Hoarding tokens benefits attackers, the CISO writes, because a control adequate two years ago may fall short today. Coalition holds vendors and itself to the same standard.