Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for May 2026, indicating that U.S. small business sales growth in May was driven primarily by higher average ticket sizes amid persistent cost pressures, while consumer foot traffic continued to soften. The seasonally adjusted Index remained at 144. Small business sales rose (+0.7%) year over year, driven by average tickets that climbed +3.1% compared with 2025. Transactions declined (-2.4%) year over year, marking the seventh consecutive month of declining foot traffic. Compared with April, sales were flat (+0.0%) and transactions declined slightly (-0.2%). “We saw a continuation of recent trends in May: stable overall sales, rising average tickets, and softer consumer activity as households adjust to increasing costs,” said Prasanna Dhore, Chief Data Officer, Fiserv. “Services remained the strongest contributor to sales growth, full-service restaurants outperformed limited-service and higher fuel costs continued to impact many businesses.” Key Takeaways Restaurant sales continue to fight for growthSales declined (-0.6%) year over year but accelerated slightly (+0.6%) compared with April. Higher prices continued to shape results, with average tickets up +3.0% year over year. Transactions fell -3.6%, marking a sixth consecutive month of year over year declines. Limited-Service Restaurants led the slowdown, with sales down -3.4% year over year and foot traffic falling -5.4%. Full-Service Restaurants showed relative strength, with sales rising +1.5% year over year, supported by stable foot traffic (+0.2%) and modest average ticket growth (+1.3%). Elevated gasoline prices continue to impact multiple categoriesGas Station sales grew +22.9% year over year and +1.2% month over month, due entirely to higher average tickets. Rising fuel costs likely contributed to average ticket growth across multiple service segments, including Professional Services, Transportation and Warehousing, and Administrative Support Services. Retail remained stable overall, with modest divergence between Core and Non-CoreTotal retail sales increased +0.1% year over year but declined -0.5% month over month. Transactions were flat year over year and softened -0.6% compared with April. Core Retail sales were soft (-0.1% year over year; -0.5% month over month). Retail transactions did not grow (0.0%) but average tickets rose +0.9%. Much of this reflects trade-offs consumers are making as retail essentials like gasoline have surged in price, driving consumers to find savings in other retail categories, such as Grocery, which fell -3.3% compared with 2025. Essentials continued to show steady growthSales increased +0.9% year over year as average tickets rose +4.3%. Discretionary categories also expanded (+0.6%) year over year, with average tickets up +2.6%. Transactions declined across both segments, though the pattern was consistent, indicating consumers are seeking to mitigate cost pressures wherever they can. Goods stabilize while Services growth remains price-ledGoods sales edged up +0.1% YoY with stable transactions (0.0%) and modest ticket growth (+0.2%). Services expanded +1.0% year over year, supported by +4.2% average ticket growth, while transactions declined -3.2%, a clear indication that price continues to drive overall sales growth. To access the full Fiserv Small Business Index, visit fiserv.com/FiservSmallBusinessIndex.

Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today reported May 2026 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. May highlights include: Total average daily volume (ADV) up 14% y/y; open interest (OI) up 24% y/y, including record OI of 130.6M lots on May 25 Total Energy OI up 6% y/y, including record options OI of 31.2M lots on May 22 Brent ADV up 6% y/y; OI up 3% y/y Total Natural Gas ADV up 3% y/y; OI up 10% y/y, including record OI of 47.9M lots on May 22 North American Gas OI up 10% y/y, including record OI of 41.4M lots on May 25 TTF gas ADV up 11% y/y; OI up 6% y/y Asia gas ADV up 30% y/y; OI up 33% y/y Total Agriculture & Metals ADV up 60% y/y; OI up 39% y/y Sugar ADV up 44% y/y; OI up 23% y/y Cocoa ADV up 85% y/y; OI up 56% y/y Coffee ADV up 23% y/y; OI up 21% y/y Cotton ADV up 151% y/y; OI up 94% y/y Total Financials ADV up 37% y/y; OI up 56% y/y, including record OI of 54.5M lots on May 29 Total Interest Rates ADV up 38% y/y; OI up 63% y/y, including record OI of 50.8M lots on May 29 Euribor ADV up 29% y/y; OI up 45% y/y, including record OI of 27.1M lots on May 29 SONIA ADV up 34% y/y; OI up 96% y/y, including record OI of 19.6M lots on May 14 Gilts ADV up 47% y/y; OI up 13% y/y Total Equity Indices ADV up 25% y/y MSCI ADV up 39% y/y; OI up 4% y/y NYSE Cash Equities ADV up 12% y/y NYSE Equity Options ADV up 54% y/y

Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced it is part of Anthropic’s cyber security initiative, Project Glasswing. ICE operates some of the world's most critical financial infrastructure. As part of Project Glasswing, ICE has deployed Anthropic's Claude Mythos Preview into its cybersecurity infrastructure to help identify and remediate any vulnerabilities before they can be exploited through emerging AI capabilities. Anthropic’s Claude Mythos Preview is deployed across all of ICE's businesses including the NYSE and other exchanges, clearinghouses, data services business, and mortgage technology platform, with the deployment, security architecture and governance of its use managed by ICE. “The systems we run are the backbone of global financial markets. As part of Project Glasswing, we’re advancing the use and sophistication of AI across our cyber security in a manner that is secure, auditable, and designed for regulated industries,” said Ben Jackson, President of ICE. “Reflecting our uncompromising commitment to the security and resilience of the infrastructure on which the world's global markets rely, we can detect vulnerabilities at scale and deliver the highest quality services to our customers.” “Working with Anthropic on Project Glasswing, we are advancing our technology-forward innovations while protecting the integrity of our state of the art infrastructure powering the global capital markets,” said Lynn Martin, President, NYSE Group. ICE joins a select group of members who are part of Project Glasswing which together represent the next frontier of AI-secured financial and technological critical infrastructure.

Documents Financial Transaction Control Framework (PDF) Ref: ISBN 978-1-917151-96-2 PDF, 1.06 MB, 60 pages This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use. Financial Transaction Control Framework (HTML) HTML Financial Transaction Checklist March 2025 ODT, 47.6 KB This file is in an OpenDocument format This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use. Risk Budgeting for Public Financial Institutions: Implementing economic capital-based controls PDF, 1010 KB, 52 pages This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use. Details The financial transaction control framework sets out when government will use financial transactions (issuing loans or investing in financial assets like equity) and the controls in place around their use. It commits to delivering new, large scale financial transactions through designated, expert public financial institutions, reporting transparently on the value and performance of financial assets government holds, recognising costs in departmental budgets if investments are expected to be loss making from the outset, and introducing new risk-based controls.

Checkout.com, a leading global digital payments company, announced today a new partnership with Fireblocks, the enterprise platform securing more than $14 trillion in digital asset transactions, to bring stablecoin settlement to US enterprise merchants at scale. The solution gives eligible merchants the ability to receive settlement funds as stablecoins into their preferred stablecoin wallet, with a payment rail that operates 24/7/365. Leveraging Fireblocks' regulated stablecoin conversion and payouts technology, Checkout.com’s merchants will have access to round-the-clock availability and an alternative to traditional banking rails – part of Checkout.com’s broader strategy of building a practical bridge between traditional payment infrastructure and digital money movement.  For merchants, Checkout.com is improving access to liquidity – allowing them to move funds with greater speed and predictability, and removing the constraints of fixed banking hours, cut-off times, and multi-day international transfers. "Merchants want faster, more predictable access to their funds, and stablecoin settlement gives them exactly that: money that moves 24/7, without the constraints of fixed banking hours or multi-day transfers. With Fireblocks, we're making that available at scale, through infrastructure built for how enterprises want to move money," said Meron Colbeci, Chief Product Officer, Checkout.com. "Moving money should be as fast and always-on as the internet itself," commented Michael Shaulov, Co-Founder and CEO at Fireblocks. "By bringing our stablecoin payouts technology to Checkout.com's network, we're giving US enterprise merchants a real alternative to the cut-off times and settlement delays of traditional banking – funds that move 24/7, with the security and controls institutions require."

The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has released new Recommended Practices for Algorithm Testing and Certification. FIX Executive Director Jim Kaye said the Recommended Practices meet a need for standardised, electronic mechanisms for firms to test and certify their algorithms and communicate certification information to counterparties and regulators. “Robust regulations exist to mandate the testing and certification of algorithms, but until now there has been a lack of consistency in how this requirement is met and communicated,” he said. “FIX’s algorithmic trading working group has worked through this in detail to define best practices, and guide firms in implementing these.” The Recommended Practices cover workflows and message descriptions for: Defining the configuration of systems to be used for testing algorithms. Running tests, orchestrating different test systems where appropriate, and communicating the results of testing. Approving an algorithm as being suitable for production usage and communicating that in the form of a certificate. The Recommended Practices ensure that algo certificates contain standardised, meaningful data to both to meet minimum legal requirements, and facilitate much fuller information for storage in in-house algorithm inventory systems. This includes precise definitions of algorithms beyond mere identifiers, comprehensive documentation of performed tests, and clear reporting of results. FIX will hold an online FIX Information eXchange workshop to go through the Recommended Practices in the coming weeks. The FIX Algorithmic Trading Working Group is now turning their attention to algos and AI. This includes modeling agentic workflows, governance and testing of agentic workflows, and using FIX over AI-native protocols such as MCP and A2A. FIX member firms are welcome to join the working group to contribute to this important work. The FIX Trading Community is an independent global community where capital markets firms come together to solve common issues and shape the evolution of capital markets. FIX groups in over 60 countries are working on a range of global issues including digital assets; reference data; carbon trading; AI; algo trading; FICC and ETFs, while country and regional committees work together to manage local regulation and market structure matters.  

Miami International Holdings, Inc. (MIAX) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported May 2026 trading results for its U.S. exchange subsidiaries — MIAX®, MIAX Pearl®, MIAX Emerald® and MIAX Sapphire® (collectively, the MIAX Exchange Group), and MIAX Futures®. May 2026 Highlights MIAX Exchange Group reached a record year-to-date (YTD) average daily volume (ADV) of 10.8 million contracts through May 2026, a 23.7% increase from the same period in 2025 MIAX Exchange Group set a YTD market share record of 17.1% through May 2026, compared to 16.4% in the prior-year period MIAX Futures listed Tini™ Bloomberg 100 Index Futures on May 17 (trade date May 18) with ADV for the May 18, 2026 to May 29, 2026 period reaching 13,105 contracts Additional MIAX Exchange Group and MIAX Futures trading volume and market share information is included in the table below. Summary statistics including trading volume and market share by business segment, as well as rolling three-month average revenue per contract and capture rates, are available on the MIAX website at https://ir.miaxglobal.com/volume-rpc-reports. MIAX  Average Daily Trading Volume (ADV) (1) Year-to-Date Comparison May-26 May-25 % Chg Apr-26 % Chg May-26 May-25 % Chg U.S. Multi-list Options Trading Days 20 21 21 102 102 U.S. Equity Options Industry ADV (000's) 67,186 51,352 30.8 % 62,496 7.5 % 63,506 53,498 18.7 % MIAX Exchange Group Options ADV (000's) 11,060 8,957 23.5 % 10,593 4.4 % 10,847 8,766 23.7 % MIAX Exchange Group Options Market Share 16.5 % 17.4 % -5.6 % 16.9 % -2.9 % 17.1 % 16.4 % 4.2 % U.S. Equities U.S. Equities Industry ADV (Millions) 19,398 17,586 10.3 % 17,815 8.9 % 19,423 16,830 15.4 % MIAX Pearl ADV (Millions) 188 192 -2.0 % 177 6.1 % 179 185 -3.4 % MIAX Pearl Market Share 1.0 % 1.1 % -11.1 % 1.0 % -2.6 % 0.9 % 1.1 % -16.3 % MIAX Futures Exchange  Trading Days 20 21 21 102 103 MIAX Futures ADV – Agricultural 10,111 13,291 -23.9 % 12,421 -18.6 % 11,008 17,013 -35.3 % MIAX Futures ADV – Financial (2) 13,105 n/a n/a n/a n/a 13,105 n/a n/a 1) Calculated as total volume for the period divided by total trading days for the period. 2) Financial futures launched on May 17 (trade date May 18). Accordingly, ADV is calculated as total contracts for the period divided by total trading days for the period beginning on May 18, representing 10 trading days.

The Securities Services business of BNP Paribas today announces the appointment of Laurent Durdilly into three leadership roles, including Head of Luxembourg, Ireland and the Channel Islands for Securities Services, Head of Luxembourg for Corporate & Institutional Banking (“CIB”) and CEO of BNP Paribas SA Luxembourg Branch, based in Luxembourg. In his Securities Services role, Durdilly leads the business line’s growth strategy in selected international fund markets, and ensures operational excellence across Luxembourg, Ireland and the Channel Islands. He reports to Alessandro Gioiffreda, Head of Client Coverage & Territories, Securities Services. Within CIB and as CEO of the Luxembourg branch, Durdilly focuses on strengthening collaboration between CIB’s businesses and the broader BNP Paribas Group, while reinforcing its robust risk and conduct governance. In this capacity, he reports to Blagoy Botchev, Senior Country Head Officer for CIB, and Nicolas Otton, Chair of the BGL BNP Paribas Executive Committee and Head of the BNP Paribas Group in Luxembourg. Durdilly brings over 30 years’ market experience, specialising in M&A and core projects across the asset management and securities services industries. Since joining BNP Paribas in 2018 as Head of Private Capital for Securities Services, he has spearheaded an ambitious growth programme and significantly expanded Securities Services’ market share in the private capital sector. Prior to BNP Paribas, Durdilly also held several senior positions at CACEIS, including Head of Private Equity Real Estate Securitisation. Karine Litou succeeds Durdilly’s role as Head of Private Capital for Securities Services. Based in Paris, she will continue to drive the commercial growth roadmap of the private capital franchise. She joined BNP Paribas in 2018 with over 20 years of industry experience and has served as Deputy Head of Private Capital for Securities Services since 2021. For the Channel Islands, BNP Paribas also appointed Jo Brimble as Head of Channel Islands for Securities Services and Head of BNP Paribas SA Channel Islands Branch. Based in Jersey, Brimble reports to both Durdilly and Botchev. Alessandro Gioffreda, Head of Client Coverage & Territories, Securities Services, BNP Paribas, commented: “Laurent’s appointment to this leadership role in Luxembourg underscores our commitment to this thriving market, where private capital is a key segment of its investment landscape. Building on his proven success in positioning Securities Services as a European leader in this sector, Laurent will play a key role in driving our next phase of growth in the region and across international markets.” Philippe Benoit, Head of Strategic Business Development & Transformation, Securities Services, BNP Paribas, said: “Karine’s leadership and industry insights have been instrumental in shaping our private capital capabilities. We are confident that her continuing contributions will further accelerate our growth momentum.”

Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that Kunimi Yatani has joined the company as Premier Account Leader (PAL) for Japan, effective immediately. Based in Tokyo, Yatani will report to Mark Gidley, Head of EMEA & APAC Account and Commercial Management, and will lead strategic engagement across some of Broadridge’s most important Japanese client accounts. He will focus on strengthening senior-level connections, unlocking new growth opportunities, and advancing a more coordinated enterprise approach across Broadridge’s global business. “Japan is a strategically important market for Broadridge, and our clients are need trusted partners who can support them both locally and across an increasingly connected global financial services ecosystem,” said David Runacres, President of APAC and Senior Country Officer of Japan at Broadridge. “Kunimi brings deep industry expertise, strong client relationships, and a proven track record leading strategic account programs. We are delighted to welcome him to the team.” Yatani brings more than 20 years of experience in financial solutions and global account management, He joins Broadridge from Macrobond Financial and was previously with Refinitiv in Tokyo where he led strategic relationships with major Japanese financial institutions. “Broadridge is recognized for its trusted expertise and transformative technology, and I am excited to join the team at such a pivotal time for the industry,” said Kunimi Yatani. “I look forward to working with clients and colleagues to deepen strategic partnerships and support their evolving business priorities in Japan and around the world.”

The public are being asked to give their views on a selection of wildlife, native to the UK, that will appear on the next series of banknotes in a consultation launched today. Working with a panel of wildlife experts from across the UK, the Bank of England has produced a shortlist of animals that could become the central image on the £5, £10, £20 and £50 notes.  The list has been grouped into three categories, which cover a variety of species and environments. Each banknote will feature a different animal, making them easily recognisable to the public. The shortlist is:  MammalsBirdsAmphibians, insects and fish bottlenose dolphin Atlantic puffin Atlantic salmon brown hare barn owl basking shark European hedgehog common kingfisher buff-tailed bumblebee grey seal Eurasian curlew common frog pine marten great spotted woodpecker Emperor dragonfly red fox white-tailed eagle marsh fritillary butterfly   The public can select up to two examples from each category in a consultation running until 3 July. Only the animals on the shortlist published today can feature as the central images on the new series. We are not seeking alternative nominations. In July 2025, the Bank announced that work will begin on designing the next series of banknotes, with the goal to increase counterfeit resilience, and launched a consultation on the theme for the design. In March 2026, the Bank announced that nature, with a particular focus on wildlife, had been chosen as the theme for the next series of banknotes. The nature theme received the highest proportion of nominations in last year’s public consultation and much of the feedback referred to wildlife that is native to the UK. Animals are vital to our landscapes, ecosystems and everyday lives and have long inspired iconic works of art, music and literature.  The views of the public will be an important consideration in making the final decision on the design. Each denomination will need to be easy to tell apart. It is important that there are four distinct animals across the four denominations and that they are able to represent different environments from across the UK. The central images will be complemented with additional elements from wildlife and nature.  Given this, it is possible that the Bank may not necessarily choose the four animals that receive the highest number of responses. Andrew Bailey, the Governor of the Bank of England, will make the final decision, taking into account the public’s feedback. The Bank will announce the outcome of this consultation by the end of 2026.  Victoria Cleland, Bank of England Chief Cashier, said:   “I very much hope the public will enjoy engaging in our consultation to choose the animals to feature on our next series of banknotes. The shortlisted animals demonstrate the rich variety of wildlife we have to celebrate in the UK.” It will be a number of years before the next series is launched. It is a detailed, multi-year process to design, test and print the notes, ensuring they are high-quality, resilient, accessible and incorporate the latest anti-counterfeiting technology. The next series will continue to include a portrait of the monarch. Representation of the Home Nations will also be an important feature in the design. Since 1970 the Bank has showcased many inspirational historical figures who have helped shape national thought, innovation, leadership and values on its banknotes. The first of the current G series has been in circulation since 2016, when the Churchill £5 banknote was issued. Banknotes are updated periodically to incorporate the newest security and accessibility features. The change to wildlife imagery, supported by the public consultation and feedback, provides an opportunity to celebrate another important aspect of the UK. The chosen animal imagery will be combined with security technology to help prevent counterfeiting. Animals are especially well suited for this, giving us many options to feature recognisable forms and movements within the security features.  Notes to editors 1. The consultationOpens in a new window  closes at 11.59pm BST on Friday 3 July 2026. We are seeking responses in particular from residents of the UK and British citizens living abroad. They can be submitted via an online formOpens in a new window available on the Bank’s website or by post.  2. Visual assetsOpens in a new window. 3. In March 2026, the Bank announced that nature had been chosen as the theme for the next series of banknotes. Nature received the highest proportion of nominations in last year's consultation, as well as support in focus groups commissioned by the Bank with 60% of respondents selecting it as one of their preferred themes. Architecture and landmarks was the second-most popular at 56%. This was followed by notable historical figures at 38%, arts, culture and sport at 30%, innovation at 23% and noteworthy milestones at 19%.  4. The Bank explained in March 2026 that we would not include household pets as part of the options. 5. The Bank engaged a panel of wildlife experts who have helped create the shortlist of wildlife for the public to consider. The panel consists of: Katy Bell, Ulster Wildlife   Gordon Buchanan MBE, wildlife filmmaker Miranda Krestovnikoff, wildlife presenter   Steve Ormerod, Cardiff University   Nadeem Perera, wildlife presenter   Dawn Scott, Nottingham Trent University   6. The Bank appointed the external expert panel based on several factors: selecting named specialists with recognised expertise in the UK’s wildlife; ensuring strong links to relevant nature organisations; prioritising diversity across background, region and experience; and drawing on individuals with broad professional or academic credentials.  7. While the use of cash for transactions has declined over the past decade, it remains the preferred payment method for about one in seven people and is used by many more. The amount of cash in circulation has also continued to increase, reaching £91.5 billion at the end of February 2026. 8. The current series of banknotes represents each of the Home Nations with a shield that appears on all four denominations.  9. The first of the current notes (Series G) was the £5 issued in September 2016. This was followed by the £10 in September 2017, the £20 in February 2020 and the £50 note in June 2021. The current series features portraits of Winston Churchill (£5), Jane Austen (£10), JMW Turner (£20) and Alan Turing (£50).  10. The Bank has been issuing notes since soon after its founding in 1694. Since then, the Bank has updated them periodically to incorporate the newest security and accessibility features. With each redesign, the Bank has changed the visual imagery so that the public can easily tell the difference between the old and the new banknotes. Until the 1920s, all the Bank’s banknotes had a single-sided, calligraphic design. Multi-coloured, graphic designs were introduced in the late 1920s. Since 1970, the Bank has showcased historical figures who have helped shape national thought, innovation, leadership and values on our banknotes.

We refer to Daniel Rabetti’s commentary “What PayNow’s alias removal really signals” (May 28). Impersonation scams have doubled in Singapore in the last year, and the misuse of PayNow nicknames have contributed to many of these cases. Removing the use of nicknames ensures that only registered account names are displayed in partial form, enabling payers to check if the payee is the intended recipient while obscuring the full name to protect privacy. The sole objective of the removal of PayNow nicknames is to address impersonation scams – a known modus operandi where scammers misuse nicknames to pose as trusted individuals or entities. Contrary to what Rabetti suggested, it is not to support compliance and enforcement or to compromise privacy. Discontinuing PayNow nicknames does not increase the traceability of financial flows. The identities of PayNow users are already known to their financial institutions, and existing processes for monitoring and reporting remain unchanged. The change relates only to what is shown to the payer during a transaction. Financial institutions continue to conduct customer due diligence, transaction monitoring, and suspicious transaction reporting regardless of nickname usage. The objective of this measure had been clearly communicated when it was announced on April 29, and follows consumer and industry surveys, which tested various options for partial name display. We recognise that some users value the added privacy offered by nicknames. The move to partial name display seeks to strike a balance – supporting payment confidence while continuing to protect privacy by obscuring full names. While there is no perfect solution, the announced partial name display is generally effective in preserving a reasonable level of privacy.  We understand that 30 per cent of PayNow users who are currently using nicknames will experience a change, and we seek their understanding that the measure will deny scammers a tool to deceive victims. It will also enhance the privacy of the 70 per cent of PayNow users who do not use nicknames and allow their full names to be displayed. Safeguards are also in place in the PayNow system to detect and prevent large-scale data harvesting. We agree that no single measure is a silver bullet, and that users must remain vigilant. The removal of nicknames is part of a broader set of anti-scam measures, including the setting of transaction limits, cooling-off periods, fraud monitoring, and consumer education. Together, these help strengthen protection against evolving scam risks. We remain committed to engaging stakeholders and addressing their concerns as we continue to enhance safeguards in Singapore’s payments ecosystem. Ong-Ang Ai Boon (Mrs)DirectorThe Association of Banks in Singapore Charlene ChewHead (Corporate Communications)Monetary Authority of Singapore

The Reserve Bank of New Zealand (RBNZ) sets the official cash rate (OCR) to achieve and maintain price stability (inflation). Banks and other financial institutions like credit unions, building societies and some finance companies use the level of the OCR as one of the factors when they determine interest rates offered to their customers. When the RBNZ changes the OCR the financial institutions may make changes to their interest rates, but that can take time depending on the institution. The table below shows the size of interest rate changes and the time taken for the change to take effect for new and existing customers of floating rate mortgages and on call savings accounts.  The FMA has requested information from eight financial institutions1 that provide ~98% of housing loans in New Zealand2. These financial institutions already provide information about the interest rates applicable to their products, and when they are moved, through a variety of channels.  We are publishing this information to:  Improve transparency of the pace at which banks pass through changes to the RBNZ’s Official Cash Rate (OCR) for new and existing customers.   Provide consumers a centralised source of information to view the interest rates of the financial institutions participating.   Illustrate the changes made to interest rates on two key products affected by moves in the OCR and, importantly, when those changes come into effect for new and existing customers.  To assist consumers in making informed decisions.  Click here for full details.

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has filed 61 charges against six individuals under the Crimes Act 1961, the Secret Commissions Act 1910 and the Financial Markets Authority Act 2011. The charges relate to an alleged mortgage fraud and were filed at the Manukau District Court. FMA Executive Director Response and Enforcement, Louise Unger says, “This type of alleged mortgage fraud undermines trust and confidence in New Zealand’s lending system and financial institutions. Mortgage fraud is one of our key regulatory priorities. The FMA is taking this action to both hold those responsible to account and to deter others from engaging in similar conduct.” As the matter is currently before the courts and there are some suppression orders in place the FMA cannot comment further at this stage. 

ASIC has updated its Internal Dispute Resolution (IDR) data dashboard to include complaints open, received or closed between 1 July and 31 December 2025, reflecting the most recent data reported by financial firms. The update also introduces a new complainant demographics page, allowing users to explore complaint trends by age group, gender and location. Complainant demographic data is not shown at the firm-level. In addition, a downloadable data file is now available, enabling users to extract and analyse selected complaint metrics for reporting and research. This allows users to benchmark performance against industry and identify trends across reporting periods, products, issues and outcomes. These enhancements aim to improve the transparency, accessibility and usability of IDR data, supporting ASIC’s objective to strengthen accountability and drive improved complaint handling across the financial system. Further information is available from ASIC’s IDR data reporting page. Interactive dashboard Internal Dispute Resolution data dashboard

New York Stock Exchange member firms that conduct business with the public reported a first-quarter 2026 after-tax profit of approximately $20 billion and revenues of approximately $137 billion, compared with approximately $15 billion after-tax profit on revenues of about $124 billion in the first-quarter of 2025. NYSE MEMBER FIRMS DEALING WITH PUBLIC ($ in Millions) Note: Data is from NYSE member firms that conduct business with the public. 1st QTR 20261st QTR 20254th QTR 2025YTD 2026YTD 2025 Revenue (add quarters) $137,448 $123,868 $124,523 $137,448 $126,868 Expense (add quarters) $116,348 $108,476 $107,120 $116,348 $108,476 After Tax Profit Loss (add quarters) $20,194 $14,986 $16,004 $20,194 $14,986 After Tax Annualized Return on Capital 19% 16% 15% 19% 16% Assets (current quarter) $6,148,328 $5,148,370 $5,560,453 $6,148,328 $5,148,370 Capital and subordinated liabilities (current quarter) $431,766 $382,361 $417,286 $431,766 $382,361 Commission Revenues (add quarters) $7,501 $6,266 $7,215 $7,501 $6,266 Firms 166 129 158 166 129 Profitable Firms 135 110 126 135 110 Aggregate PreTax Earnings of Profitable Firms $21,225 $15,793 $17,523 $21,225 $15,793 Unprofitable Firms 31 19 32 31 19 Aggregate PreTax Loss of Unprofitable Firms ($125) ($400) ($120) ($125) ($400)   LinksNYSE Member Firms Dealing with Public (Financial Summary)Statement of Income (Loss) and Expense UnconsolidatedStatement of Financial Condition

S&P Global Market Intelligence’s Top 10 Most Shorted Stocks in the United States, calculated using our Securities Finance data set, follows. The metric used to calculate the short interest is the percentage of outstanding shares on loan. S&P Global Market Intelligence can also provide short interest data based upon either individual stock names, sectors or market indices. *Please note: This was produced by S&P Global Market Intelligence, not S&P Global Ratings, which is a separately managed division of S&P Global.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced at Snowflake Summit 26, that it has been named the 2026 Financial Services Product Partner of the Year by Snowflake, the AI Data Cloud company. The award recognizes the financial services product partner whose application, solution, or offering delivered the strongest industry-specific value on Snowflake through differentiated capabilities, customer relevance, and measurable business impact. Fiserv earns this recognition for its achievements leveraging Snowflake AI Data Cloud, helping customers eliminate data silos and transform fragmented payments information into actionable business intelligence.  "Data is the lifeblood of the modern economy, but its true value lies in accessibility and action," said Sanjay Saraf, Chief Product Officer, Merchant Solutions, at Fiserv. "Being named Snowflake’s Financial Services Product Partner of the Year validates our commitment to helping clients unlock greater value from their data. By providing more ways for merchants to access and use payments data, Fiserv can transform transactions into strategic assets, empowering informed decisions, accelerate growth, and confidently navigate the evolving landscape of commerce."  By integrating its significant proprietary data ecosystem with Snowflake to deliver Data-as-a-Service, Fiserv enables enterprise merchants to securely share and access payments data in real time. This approach minimizes unnecessary data movement and reduces operational overhead, allowing clients to concentrate on leveraging data for business outcomes rather than managing complex pipelines.  In addition, Fiserv offers thousands of financial institutions streamlined access to their data via the Snowflake platform, helping them gain insights, personalize services, and advance AI use across banking, cards, and payments solutions.  "Fiserv is a great example of how leaders in the financial services industry leverage the Snowflake AI Data Cloud to drive tangible value for the enterprise," said Amy Kodl, SVP, Worldwide Alliances & Channels at Snowflake. "By providing a governed, scalable foundation for payments data, Fiserv allows our joint customers to bypass traditional pipeline bottlenecks and move straight to innovation. Their approach to Data-as-a-Service is a blueprint for how companies can use timely data and AI to stay lean while remaining incredibly competitive."  In addition to Data-as-a-service, Fiserv offers access to payments data through pre-built dashboards, APIs, and BI tools to support a wide range of analytics and reporting needs across the company. Learn more about Fiserv and Snowflake here. Check out keynotes from Snowflake Summit 2026 live or on-demand here and stay on top of the latest news and announcements from Snowflake on LinkedIn and X.

Pending the effectiveness of regulatory filings, the MIAX Exchange Group will modify its Options Regulatory Fee ("ORF") rates as follows: $0.0170 per contract on MIAX Options Exchange (”MIAX Options”) $0.0220 per contract on MIAX Emerald Exchange (”MIAX Emerald”) $0.0240 per contract on MIAX Pearl Options Exchange (”MIAX Pearl Options”) $0.0220 per contract on MIAX Sapphire Options Exchange (”MIAX Sapphire Options”) For more information, please refer to the following Regulatory Circulars: MIAX Options RC 2026-78 MIAX Pearl Options RC 2026-77 MIAX Emerald Options RC 2026-62 MIAX Sapphire Options RC 2026-81 Please direct questions to the Regulatory Department at Regulatory@miaxglobal.com or (609) 897-7309.

The Basel Committee has published a report describing a range of observed information and communication technology (ICT) risk management practices across jurisdictions to address non-malicious ICT incidents. ICT is a key component of operational risk management, playing a vital role in supporting the broader goal of achieving operational resilience. The Committee will continue to monitor developments related to the digitalisation of finance and financial technology from a prudential perspective. The Basel Committee on Banking Supervision today published a range of practices report on information and communication technology (ICT) risk management. ICT is a key component of operational risk management, playing a vital role in supporting the broader goal of achieving operational resilience. Banks operational resilience to ICT incidents has become increasingly important in an evolving and digitalised technology landscape. This range of practices report on ICT risk management complements the Basel Committee's report on cyber resilience by concentrating specifically on non-malicious ICT incidents in banks that affect the delivery of critical operations and services. This report aims to identify, describe and compare observed bank ICT risk management practices and regulatory and supervisory approaches across jurisdictions. The practices documented may serve as reference points for banks and supervisory authorities to adapt and develop ICT risk management practices that are most appropriate for their specific circumstances. The Committee will continue to monitor developments and exchange supervisory insights related to the digitalisation of finance and financial technology from a prudential perspective, including developments in artificial intelligence  models and the implications for banks cyber security.

The federal bank regulatory agencies today jointly updated certain interagency documents to remove references to reputation risk. The agencies are taking this action to complement their earlier actions that ended the use of reputation risk in supervision. As the agencies have previously noted, reputation risk can be misused by supervisors as a basis to encourage or pressure a bank to restrict individuals’ and legal businesses’ access to financial services due to their constitutionally protected political or religious beliefs, speech, or conduct or lawful business activities. These updates help ensure supervisory decisions are based on material financial risks, as well as increase clarity and facilitate greater precision in supervisory decision making. The updates to interagency documents are limited to removing references to reputation risk. The agencies continue to review their supervisory materials and may update additional documents as appropriate. Related Links FDIC Financial Institution Letter, “Agencies Remove References to Reputation Risk in Interagency Documents” OCC Bulletin 2026-23, “Bank Supervision: Removing References to Reputation Risk” News Release, “Agencies Issue Final Rule to Prohibit Use of Reputation Risk by Regulators,” April 7, 2026 Press Release, “Following earlier actions to remove reputation risk from its supervision of banks, Federal Reserve Board requests comment on proposal to codify that removal,” February 23, 2026