By Editor , 14 October 2026

Beijing – October 13, 2026 -- Yiren Digital Ltd. (NYSE: YRD) has appointed Na Mei, its former Chief Financial Officer, as Acting Chief Executive Officer, effective October 13, 2026, one day after the company announced a development concerning its chief executive.

Board installs Mei to maintain management continuity

The board of directors made the appointment to support continuity in management and operations. Mei will oversee day-to-day operations and work with the existing management team under board oversight.

By Editor , 13 October 2026

New York – October 13, 2026 -- KNOWIDEA, the decision intelligence company, has published a research paper co-authored with Georgia Tech and developed with one of the world's largest asset managers, aimed at making AI-generated financial database queries verifiable before they inform decisions.

The paper, titled "VeriPIE: Checkable Query Plans and Evidence-Guided Selection for Text-to-SQL," describes a method that improves the accuracy of AI-written database queries. Each answer comes with evidence that a risk team can validate before acting on it.

By Editor , 13 October 2026
KuCoin Nigeria Wins Conditional AIP for SEC Incubation Programme

Oyo State, Nigeria – October 13, 2026 -- KuCoin Nigeria Limited has received conditional Approval-in-Principle (AIP) from the Securities and Exchange Commission, Nigeria (SEC Nigeria) for admission into its Accelerated Regulatory Incubation Programme (ARIP), but the approval does not allow it to operate in the country.

By Editor , 13 October 2026
Sammons Rebrands Wealth Unit as Criterion With $27B in Assets

West Des Moines – October 13, 2026 -- Criterion, the new name for Sammons Financial Group's wealth advisory holding company, launched with more than $27 billion in assets under management or advisement (AUM/AUA) across three national advisory firms.

The company groups Beacon Capital Management, NorthRock Partners and Wealthcare. Sammons Financial Group established the holding company as its expansion beyond core insurance and annuity business lines.

By Editor , 13 October 2026

Johannesburg – October 13, 2026 -- Kholo Capital Mezzanine Debt Fund I has provided R275 million (US$17 million) in mezzanine debt to DCC Holdings Proprietary Limited, a South African information and communications technology (ICT) distributor. The funding will refinance DCC's existing debt and support its long-term growth strategy.

By Editor , 13 October 2026

Beijing – October 12, 2026 -- Yiren Digital Ltd. (NYSE: YRD) said its Executive Chairman and CEO, Ning Tang, has been subject to criminal compulsory measures and may be unable to perform his duties for an extended period.

Police notice cites probe into affiliates of controlling shareholder

The Company said it learned of a police notice published on October 12, 2026. The notice states that Tang is subject to the measures in connection with an investigation involving certain affiliates of Yiren Digital's controlling shareholder.

By Editor , 13 October 2026

Cairo – October 12, 2026 -- Barbados cut public debt from 104.1% of GDP at end-FY2023/24 to 96% at end-March 2026, backed by a primary fiscal surplus of 4.2% of GDP in FY2025/26, according to a Country Brief released by African Export-Import Bank (Afreximbank).

By Editor , 13 October 2026
B. Riley Securities Hires Clear Street's Michael Masiuk as MD

New York – October 12, 2026 -- B. Riley Securities, Inc. has hired Michael Masiuk, a banker with more than 25 years of experience, as Managing Director in its New York Investment Banking team to expand growth capital, M&A advisory and proprietary deal origination coverage.

By Editor , 13 October 2026
S&P 500 nears record as Russell 2000 slips; RTX wins $6.3B deal

New York – October 12, 2026 -- Raytheon, an RTX business, secured a contract worth up to $6.3 billion for Standard Missile-3 Block IB interceptors, as large-cap indexes closed last week near record levels while the Russell 2000 fell 0.91% to 2,806.98.

By Editor , 12 October 2026
3iQ Middle East Wins ADGM In-Principal Approval for Category 4 License

Toronto – October 12, 2026 -- 3iQ Middle East Ltd, the UAE-based sister company of digital asset manager 3iQ Corp., has secured In-Principal Approval (IPA) for a Category 4 license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

The IPA is an interim step, and 3iQ must still complete the licensing process. ADGM's Chief Market Development Officer, Arvind Ramamurthy, said the regulator looks forward to supporting 3iQ as it progresses through that process.