Banking
Fifth Third Closes Mechanics Bank DUS Acquisition, Joins Elite Group of Fannie Mae Multifamily Lenders
Fifth Third Bancorp (NASDAQ: FITB) has closed its acquisition of Mechanics Bank's Delegated Underwriting and Servicing (DUS®) business line, adding
Wealth
AIF Institute Launches Private Wealth Advisory Board
AIF Institute forms Private Wealth Advisory Board with industry leaders to shape private markets education and research. Focus on liquidity
Insurance
Pelagos Rebrands to Signal Strategic Evolution
Pelagos Insurance Capital, formerly Fidelis Insurance Holdings Limited (NYSE:FIHL), has completed its official rebranding. The legal name change became effective May
Fintech
Six One Commodities Secures $800M Global Borrowing Facility
Six One Commodities closes $800M global borrowing base facility with $300M accordion feature, supported by 12 international banks.
Fintech
BILL’s Q3 Results Show How AI-Led Finance Platforms Are Becoming Core Infrastructure for SMBs
BILL’s Q3 FY2026 results show rising demand for AI-led finance platforms as SMBs automate payments, expenses, forecasting and cash workflows.
Markets
FSB Warns on Private Credit Vulnerabilities as Market Reaches $1.5–2 Trillion
The Financial Stability Board says private credit has grown to $1.5–2 trillion, creating risks around bank links, borrower quality, valuation opacity, and liquidity.
Payments
Paymentus Reports 30% Revenue Growth as Digital Bill Pay Scales
Paymentus reported record Q1 2026 revenue of $358.4 million, showing rising demand for cloud-based bill payment and embedded payment infrastructure.
Crypto
IMF Says Tokenized Finance Could Reshape Financial Markets
IMF says tokenized finance could improve settlement and market efficiency, but it also raises new risks around liquidity, governance, code, and financial stability.
