Finance, Banking & Insurance

Toronto – October 25, 2026 -- The Ombudsman for Banking Services and Investments (OBSI) has appointed CRKhoury (CRK) to conduct its 2026 independent external review of banking and investment complaint operations, with the final report due on OBSI's website later this year.

The review will test whether OBSI has met its regulatory obligations and operates effectively under recognized best practices for financial services ombudsmen. CRK has set up a dedicated review website and is running a public consultation as the process advances.

Loss-calculation consultation traces back to the 2021 evaluation

On October 25, 2026, OBSI opened a public consultation on how it calculates investor losses in complaints over unsuitably sold illiquid exempt market securities. The consultation examines the current process and whether better alternatives exist. OBSI said the 2021 independent expert external review recommended it.

Canada – October 22, 2026 -- OBSI has completed two public consultations since 2022, on board governance and on investor loss calculations, and both trace back to its 2021 independent review.

Loss-calculation consultation closed Nov. 21, 2024 after a Sept. 26 launch

The consultation examined how OBSI calculates investor losses in complaints involving unsuitably sold illiquid exempt market securities. It described how the approach was developed, the feedback OBSI had received and the considerations for an appropriate methodology.

OBSI is using the exercise to test whether better alternatives exist to its current process. The 2021 independent expert external review recommended the consultation.

HOLLYWOOD, Fla. – October 22, 2026 -- CXC Investments, LLC, the manager of long/short equity vehicle CXC Horizon Fund, LP, has engaged Silver Fern Financial LLC as its outsourced Chief Financial Officer partner, less than two years after the fund launched in July 2025.

Silver Fern Financial will work alongside CXC management and existing service providers

Silver Fern will provide senior financial leadership and alternative investment management expertise to support the fund's ongoing operations. It will not replace existing service providers. CXC describes the move as an investment in the fund's financial and operational infrastructure as the firm grows.

Benjamin Cohen, Founder and Managing Partner of CXC Investments, said the aim is to strengthen "the financial and operational foundation supporting the Fund."

Miami – October 22, 2026 -- Miami International Holdings (NYSE: MIAX) has launched four physically-settled fertilizer futures contracts on MIAX Futures, giving the agricultural supply chain an exchange-traded tool to manage price risk in imported crop nutrients.

MIAX Futures lists four NOLA-based fertilizer contracts

The contracts cover NOLA Urea (ticker: MGU), NOLA Mono-ammonium Phosphate (MAP), NOLA Di-ammonium Phosphate (DAP) and NOLA Potassium Chloride (MOP). All four trade on the MIAX Futures Onyx electronic trading platform and are cleared through MIAX Futures Clearing.

Singapore – October 21, 2026 -- BRAC Bank, one of Bangladesh's leading private commercial banks, has gone live with Finastra's Trade Innovation and Corporate Channels and Conpend's Trade AI solutions, replacing fragmented trade finance processes with a single integrated digital platform.

The bank moved to modernize its trade finance operations as trade volumes grow and customer expectations change. Its aims are higher efficiency and a scalable base for future growth. The platform is designed to raise straight-through processing and improve visibility across the trade finance lifecycle.

Platform targets ISO 20022 and Swift SR2026 compliance

The deployment is meant to speed up the rollout of new services while supporting compliance with evolving industry standards, including ISO 20022 and Swift SR2026 requirements.

New York – October 21, 2026 -- MoonPay, a crypto payments and stablecoin infrastructure company, is pursuing a strategic collaboration with Dunamu to build global financial infrastructure on digital assets, with stablecoin payments, corporate treasury management and Dunamu's GIWA blockchain as the three focus areas.

MoonPay and Dunamu target stablecoin cross-border payments and fund transfers

The two companies will jointly identify business opportunities in stablecoin-based global payments and fund movement. Drawing on both companies' technology and infrastructure, they will review cases in which digital assets can be used for cross-border payments and fund transfers. They will also examine the business potential of new financial service models.

Global – October 21, 2026 -- Capgemini identifies three data failures (fragmentation, stagnation and semantic inconsistency) as the main barrier keeping enterprise AI confined to pilots, particularly in financial services and other highly regulated industries.

Capgemini's Renjith Sreekumar says scaling problems lie in data, not models

Renjith Sreekumar, Head of Oracle Cloud & AI CoE for Financial Services at Capgemini, frames the issue as a shift from "does AI work?" to why it is so hard to scale. Early gains in analysis, content creation, workflow automation and customer experience remain limited to pilots, single functions or tightly controlled use cases.

Lafayette – October 21, 2026 -- Home Bancorp, Inc. (Nasdaq: HBCP) will replace John W. Bordelon, a 45-year veteran, as Chief Executive Officer of the company and Home Bank, N.A. on October 21, 2026, handing the role to President Darren E. Guidry.

Bordelon will remain Chairman and a director of both the holding company and the bank after he steps down as CEO. The board framed the arrangement as a way to support continuity during the leadership transition and afterward.

Guidry moves from President to CEO after joining in 1993

Guidry has served as President of the company and the bank since October 21, 2026. He will keep the President title when he assumes the CEO role. He joined the organization in 1993.

The company credits Guidry with a balanced approach to growth and risk management, with advancing its strategic priorities and with reinforcing its commitment to long-term shareholder value.

Lincoln – October 19, 2026 -- Ameritas is expanding advisor recruiting and business development through Ameritas Investment Company (AIC) and Ameritas Advisory Services (AAS), which together support more than 550 financial professionals and oversee $22.2 billion in customer assets.

AIC and AAS manage $13.7 billion in assets under management

As of Dec. 31, 2025, the two units held $13.7 billion in assets under management alongside the $22.2 billion in total customer assets. Financial Planning's IBD Elite 2026 survey ranked both firms among the nation's top 20 independent broker-dealers in wealth management by annual revenue.

Las Vegas – October 19, 2026 -- Coinbase will integrate Thunes' Direct Global Network for fiat payouts, while Thunes will run its stablecoin infrastructure on Coinbase's stablecoin solutions, the companies announced at Money20/20 USA.

Coinbase customers gain direct access to local clearing systems

Under the agreement, Coinbase will add Thunes' network to its platform. This gives it direct payout access to local clearing systems and alternative payment methods. Thunes will provide real-time last-mile delivery to mobile wallets and bank accounts, so Coinbase customers can send funds to more countries and currencies. The companies say this includes regions with limited banking infrastructure.

Thunes says its network operates in over 140 countries and more than 90 currencies.