Financial Services

Outmarket AI Launches Benefits Module to Automate Broker Paperwork

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Outmarket AI Launches Benefits Module to Automate Broker Paperwork

San Francisco – September 03, 2026 -- Outmarket AI has launched an expanded Employee Benefits module designed to automate the full administrative workflow cycle for insurance brokerages, converting raw carrier documents, census files, and bills into structured, ready-to-use outputs.

Platform extracts data from carrier documents to eliminate manual VLOOKUPs and hand-formatting

The AI-native module allows agents to upload plan documents in any format—PDF, Word, or Excel—from any carrier to automatically build side-by-side plan comparisons covering medical, vision, dental, ancillary, and Rx tiers. Brokers can feed plan documents from up to 10 carriers alongside a census file to generate cost comparisons, run contribution scenarios, and calculate affordability.

KuCoin Adds FinChain's FUSD as Collateral in RWA Trading Tool

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KuCoin Adds FinChain's FUSD as Collateral in RWA Trading Tool

Providenciales, Turks and Caicos Islands – September 03, 2026 -- KuCoin has partnered with FinChain to integrate the yield-bearing stablecoin FUSD into its RWA Collateral Mirroring Solution (RCMS), allowing institutional clients to use custodied real-world assets as trading collateral without selling or transferring them to the exchange.

RCMS lets institutions map custodied FUSD value directly to KuCoin trading accounts

Under the arrangement, FUSD's eligible collateral value is assessed within a designated custody framework and mapped to relevant KuCoin trading accounts under platform rules. Institutional users retain existing custody and yield arrangements while tapping KuCoin's liquidity, trade execution, risk controls and position management to deploy capital.

Fosun International Profit Jumps 160.3% to RMB1.72 Billion in H1 2026

HONG KONG -- September 01, 2026 -- Fosun International reported a 160.3% year-on-year surge in first-half profit attributable to owners of the parent to RMB1.72 billion, the conglomerate said at an interim results presentation held in Hong Kong on Aug. 28. Total revenue for the six-month period reached RMB86.96 billion, with overseas markets contributing RMB49.16 billion, or 56.5% of the total. The briefing marked Fosun's first in-person results presentation in Hong Kong in six years, attended by Chairman Guo Guangchang, Co-Chairman Wang Qunbin, Co-CEOs Chen Qiyu and Xu Xiaoliang, and CFO Gong Ping.

Four Core Units Generate 73.5% of Group Revenue

Fosun Pharma, Yuyuan, Portuguese insurer Fidelidade, and the group's tourism segment together accounted for 73.5% of total revenue in the first half, the company disclosed. Pharmaceutical and insurance operations delivered the strongest performance among the four units.

Oppenheimer Adds Former UNC Star Joel Berry II to NC Advisory Team

NEW YORK -- September 01, 2026 -- Oppenheimer & Co. Inc. hired Joel Berry II as a Financial Advisor to its Robinson Private Client Group in Winston-Salem, North Carolina, the firm announced on Aug. 31, 2026. Berry arrives from Truist Financial to expand the team's advisory work with current and former athletes navigating Name, Image and Likeness deals and revenue-sharing arrangements. The Robinson Private Client Group, led by Managing Director Tanner G. Robinson, oversaw more than $6 billion in client assets as of June 30, 2026.