Financial Services

AlumniFi Becomes First Jersey Patch Sponsor in St. John's History

Image
AlumniFi Becomes First Jersey Patch Sponsor in St. John's History

Queens, N.Y. – October 13, 2026 -- AlumniFi has become the Official Credit Union of St. John's Athletics and the first corporate partner in program history to put its logo on Red Storm uniforms, in a deal the department describes as among the most significant financial commitments it has received.

AlumniFi logo appears on eight programs starting with Drexel exhibition

The logo debuts at the exhibition opener against Drexel. It will appear on the uniforms of the men's and women's basketball, men's and women's soccer, volleyball, baseball, softball and lacrosse programs.

St. John's Sports Properties, the locally based team of Learfield, facilitated the deal. The source does not disclose the financial terms or the length of the agreement.

YeePay Wins Dutch EMI License to Expand European Payments Reach

Image
YeePay Wins Dutch EMI License to Expand European Payments Reach

Amsterdam – October 13, 2026 -- YeePay has been granted an Electronic Money Institution (EMI) license by De Nederlandsche Bank (DNB), the Dutch central bank, giving the cross-border payments provider a second European EMI authorization after its existing UK license.

Dutch license adds to a multi-jurisdiction regulatory portfolio

The Netherlands is a major financial hub within the European Union. YeePay said the approval strengthens its regulatory footprint and supports compliant, localized payment services for businesses operating across international markets, subject to applicable regulatory requirements.

The company's existing licenses and registrations include:

CME Group Completes Globex Cloud Tests, Advances Aurora Timeline

CHICAGO – October 12, 2026 -- CME Group has completed initial performance testing for CME Globex in the cloud and reports faster round-trip times for trading, along with an accelerated build of its Aurora Cloud Region and co-location facility.

Aurora facility is ahead of schedule, with client testing targeted for mid-2027

The Aurora facility will host Google Cloud's new specialized platform for trading CME Group markets, which the exchange operator describes as industry-first. CME Group targets mid-2027 for client testing. Its Dallas disaster recovery facility has been open for testing since June 2026.

Livestock markets will migrate from Aurora in late 2027, skipping Dallas

CME Group will move its livestock markets to the cloud out of the Aurora Cloud Region in late 2027. The previously planned interim relocation to Dallas is no longer necessary.

Erie Indemnity to Report Q3 2026 Results After Close on Oct. 29

Image
Erie Indemnity to Report Q3 2026 Results After Close on Oct. 29

Erie – October 12, 2026 -- Erie Indemnity Company (NASDAQ: ERIE) will report third-quarter 2026 financial results after the market close on Thursday, October 29, followed by a pre-recorded audio webcast for the financial community at 10 a.m. Eastern Time on Friday, October 30.

Erie Indemnity splits its earnings release and webcast across two days

The company will publish its results press release on October 29, after trading ends. The webcast follows the next morning, 10 a.m. ET on October 30, so investors will have the figures for roughly a full overnight session before the audio commentary.

Pre-recorded audio will be hosted on the Investor Relations website

The audio will be available on the company's Investor Relations website. Participants who prefer to listen by phone must use a registration link supplied by the company, which provides the access details.

Chartis Names SAS Category Leader in Operational Risk Analytics

Image
Chartis Names SAS Category Leader in Operational Risk Analytics

Cary, N.C. – October 12, 2026 -- Chartis Research has named SAS a Category Leader for Operational Risk Analytics, rating the vendor best-in-class or leading in seven capability areas of its integrated governance, resilience and compliance (iGRC) assessment for financial services.

The ranking credits the combination of SAS Governance and Compliance Manager (GCM) and the SAS Viya platform. Chartis cited SAS' analytically consistent, governed coverage across multiple risk domains. The assessment and the update to the RiskTech Quadrant for Operational Risk Analytics appear in the report Integrated Governance, Resilience and Compliance Solutions – Financial Services, 2026: Quadrant Update, published in June 2026.

Chartis rates SAS best-in-class or leading across seven capability areas

Chartis rated the SAS platform on the following criteria:

PayJoy Acquires Finia AI Assets to Expand AI Underwriting

Image
PayJoy Acquires Finia AI Assets to Expand AI Underwriting

San Francisco – October 12, 2026 -- PayJoy, which serves more than 20 million customers across nine countries, has acquired select strategic assets of Finia AI, Inc., a venture-backed fintech that built AI underwriting for micro-businesses in Mexico. The announcement did not state a price.

PayJoy to apply Finia's underwriting technology across its global platform

The deal lets PayJoy use Finia's technology and expertise to strengthen its underwriting and widen its product range for customers with limited access to formal credit. PayJoy operates in Latin America, Africa and Asia, offering digitally secured smartphone financing, credit lines and the PayJoy Card. It has financed more than $3.5 billion of loans and employs more than 1,000 people.

Melio Tops Software Experts' 2026 AP Software List for Small Firms

New York – October 12, 2026 -- Software Experts has named Melio the top accounts payable platform for flexible vendor payments among small businesses, citing a five-tier pricing structure that starts free and reaches $80 per month for unlimited ACH payments.

The review assessed invoice capture, payment approvals, vendor transactions, accounting synchronization and cash flow management. Software Experts said Melio links the main AP stages in one platform, so businesses no longer need separate spreadsheets, banking portals and manual reconciliation.

NTT DATA Named ISG Leader in Two Insurance Services Reports

Image
NTT DATA Named ISG Leader in Two Insurance Services Reports

Tokyo – October 12, 2026 -- NTT DATA has been named a Leader in two ISG Provider Lens® reports, Insurance ITO Services and Insurance Strategic Advisory and Enablement Services, following the launch of its NTT DATA AI for Insurance solution.

The reports assess how providers of insurance consulting and technology outsourcing help global insurers handle AI-led modernization, regulatory complexity and operating model reinvention. NTT DATA also holds a Leader ranking in the ISG Provider Lens® 2025 Insurance GenAI and Agentic AI Services study, supported by its agentic capabilities and its proprietary GIDP and LifeSysTM platforms.

Santander's Getnet Opens Payments Access in 30+ European Countries

Image
Santander's Getnet Opens Payments Access in 30+ European Countries

Madrid – October 12, 2026 -- Getnet, Santander's global merchant payments platform, now gives multinational merchants, marketplaces and e-commerce companies access to payment services in more than 30 European countries through a single integration.

The launch extends Getnet's footprint beyond Latin America, Spain and Portugal. It targets merchants that must handle multiple payment methods, regulations and technical integrations as European commerce becomes more cross-border.

Getnet Single Entry Point connects merchants to multiple markets through one integration

The infrastructure, called Getnet Single Entry Point (SEP), also provides access to leading local payment methods. These include Bizum in Spain and MB WAY in Portugal, where Getnet operates as a direct member.

Fannie Mae Sells $259.9M in Non-Performing Loans, Adds 29th Impact Pool

Image
Fannie Mae Sells $259.9M in Non-Performing Loans, Adds 29th Impact Pool

Washington – October 08, 2026 -- Fannie Mae has launched a new non-performing loan sale covering 1,217 deeply delinquent mortgages with a combined unpaid principal balance of $259.9 million, alongside its twenty-ninth Community Impact Pool (CIP) targeting the Dallas-Ft. Worth market.

Larger pool carries $259.9 million in unpaid balances across 1,217 loans

Fannie Mae (OTCQB: FNMA) is marketing the larger pool in collaboration with BofA Securities, Inc., with bids due October 27, 2026. Qualified bidders can also submit offers for the smaller CIP tranche, which comprises approximately 27 loans totaling $5.7 million in UPB, by November 3, 2026.

Dallas-Ft. Worth loans anchor the 29th Community Impact Pool

The CIP structure directs smaller, geographically concentrated loan pools toward specific markets -- in this case Dallas-Ft. Worth -- to support targeted local loss mitigation and neighborhood stabilization efforts.