Finance, Banking & Insurance

Nuremberg – September 13, 2026 -- Three-quarters of Germans have already financed a purchase, while missed payment deadlines among adults under 30 rose to 23 percent from 14 percent in autumn 2025, according to the TeamBank Liquidity Barometer.

Younger consumers treat financing as routine, survey shows

Some 33 percent of Germans under 30 now consider invoice purchases, installment credit and other financing forms self-evident, a 12-percentage-point jump from autumn 2025. This age group also plans to spend significantly more over the next 12 months than the national average, the survey found.

Payment lapses and tracking problems climb among young borrowers

29 percent of respondents under 30 report losing track when running multiple financing arrangements simultaneously. Despite this, 48 percent of the same group rate their financial knowledge as at least good, a higher share than among older respondents.

London – September 13, 2026 -- CD&R has appointed Giovanni Caforio, current Chair of Novartis and former CEO of Bristol Myers Squibb (BMS), as an Operating Advisor to its funds, tasking him with sourcing and evaluating healthcare investment opportunities globally.

Caforio brings 35 years of biopharmaceutical leadership to CD&R's healthcare strategy

Dr. Caforio has led Novartis' board since 2025 and previously spent over two decades at BMS after 12 years at Abbott Laboratories. He will support CD&R funds in identifying new healthcare deals and work directly with the firm's portfolio companies worldwide.

Augsburg – September 13, 2026 -- German B2B marketing budgets grew a nominal 2.1 percent to an average of €3.57 million in 2026, even as prices for externally purchased marketing services climbed roughly 12 percent over the same period, leaving companies with less real spending power than a year earlier. The findings come from the 14th edition of the "B2B-Marketing-Budgets 2026" study published by the Bundesverband Industrie Kommunikation e.V. (bvik), conducted with scientific support from Prof. Dr. Hannes Huttelmaier of the Technical University of Applied Sciences Würzburg-Schweinfurt.

Budget growth fails to keep pace with rising service costs

"Whoever invests counter-cyclically now secures a market advantage tomorrow. Cutting marketing budgets is convenient in the short term and costly in the long run," said Ramona Kaden, Managing Director of bvik.

Zug – September 13, 2026 -- KENDRIS Group has obtained authorization from Luxembourg's Ordre des Experts-Comptables (OEC), allowing its local subsidiary KENDRIS Luxembourg Sàrl to offer a broader range of regulated services including domiciliation, accounting and tax.

KENDRIS Luxembourg gains regulatory clearance to expand beyond economic advisory work

KENDRIS Luxembourg Sàrl has operated in the Grand Duchy since 2024 as an economic advisor. The new OEC license removes prior restrictions, enabling the Zug-based fiduciary group to compete directly for local domiciliation, bookkeeping and tax mandates previously outside its scope.

Zug, Switzerland – September 13, 2026 -- KENDRIS, the Swiss-based advisory and fiduciary group, has secured a license from Luxembourg's Ordre des Experts-Comptables (OEC), allowing its local subsidiary to offer an expanded suite of regulated services including domiciliation, accounting and tax.

KENDRIS Luxembourg Sàrl gains regulatory clearance to broaden its service scope

The OEC license permits KENDRIS Luxembourg Sàrl, active in the Grand Duchy since 2024, to move beyond its initial role as a business advisor into a wider range of regulated corporate services. The group operates internationally from its Zug headquarters, employing more than 200 staff across financial centers.

Espoo, Finland – September 13, 2026 -- Nomentia has expanded its Smart Treasury Suite with six new modules spanning AI-driven analytics, predictive forecasting, intercompany netting, hedge accounting and scenario analysis, aiming to consolidate treasury data currently scattered across banks, ERPs and spreadsheets.

Nomentia adds natural-language AI reporting to reduce manual data exports

The new Nomentia Analytics module embeds out-of-the-box reports maintained by Nomentia experts alongside self-service reporting, while Nomentia AI lets users query dashboards in plain language instead of repeatedly rebuilding spreadsheets.

New York – September 13, 2026 -- Broadridge Financial Solutions (NYSE: BR) has launched DLX, an end-to-end tokenization and digital asset infrastructure platform designed to let financial institutions operate across tokenized and traditional markets through a single connected layer.

DLX links to the DTCC Tokenization Service via Canton at launch

The platform launches with connectivity to the DTCC Tokenization Service through the Canton network, with additional network integrations to be announced. DLX covers issuance, trading, settlement, servicing, custody, governance and distribution for asset classes including bonds, equities, funds, private markets and money market instruments within one operating framework.

Dubai, UAE – September 13, 2026 -- TerraPay has partnered with Ant International's Alipay+ to let digital wallet users pay directly at more than 150 million merchants worldwide via QR code, starting with 15 African wallets connected to its Xend interoperability network.

Fifteen African wallets gain instant access to Alipay+'s global merchant base

In the initial rollout, wallet providers linked to Xend, TerraPay's wallet interoperability network, will allow their users to scan QR codes and pay at Alipay+ merchants across the network's footprint, spanning 220 destination markets and more than 10 national payment systems. The deal extends TerraPay's cross-border payment reach beyond account-to-account transfers into in-store, point-of-sale acceptance.

Singapore – September 13, 2026 -- Accels has launched a combined AI infrastructure and financial services platform aimed at businesses building autonomous AI agents, betting that token consumption will replace seats and subscriptions as the core unit of AI economic activity.

Goldman Sachs projects a 24-fold surge in global AI token consumption by 2030

Separate industry forecasts cited by the company put annual token-related spending rising from roughly $200 billion today to as much as $2.5 trillion a year, driven largely by AI agents operating continuously rather than responding to occasional human queries.

NEW YORK – September 13, 2026 -- Vishal Garg, founder and former CEO of Better Home & Finance Holding Company, has pushed back the deadline for stockholders to submit written consents to remove five board members to September 13, 2026, citing the need to give recently notified shareholders more time to review solicitation materials.

Garg Group targets five directors for removal

The Garg Group, which includes Vishal Garg and other participants in his solicitation, has filed a definitive consent solicitation statement with the U.S. Securities and Exchange Commission seeking to oust Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan and Harit Talwar from Better's board. The group states the removals are intended to reverse what it calls value-destructive actions, restore the company's cost transformation strategy, and initiate a search for a long-term CEO.