CodeWall, a London-based enterprise security startup, has raised $4 million in pre-seed funding led by Osney Capital to develop autonomous attack agents that simulate external threats. The platform helps enterprises identify exploitable vulnerabilities by continuously testing defenses from an attacker's perspective without requiring credentials or inside access. The company is already working with financial institutions and has demonstrated its capabilities across major consulting firms.

American Express launches a high-yield business savings account offering 2.95% APY with no minimum balance or fees, integrating it with existing business checking and card products. The company plans to add rewards deposit features and AI-powered payroll tools to create a comprehensive business finance platform. The move aims to deepen customer relationships and create an additional funding source through deposit growth.

CPI Card Group Inc. (PMTS) shares jumped 7.8% to $24.26 in the last trading session on strong volume, driven by its dominant U.S. market position, long-standing customer relationships, and comprehensive payment card capabilities. The company is expected to report quarterly earnings of $0.84 per share (+78.7% YoY) with revenues of $149.3 million (+8.2% YoY). However, the consensus EPS estimate has remained unchanged over the last 30 days, which may limit further near-term upside without positive earnings revisions.

Houlihan Lokey reports rising private credit stress concentrated among smaller borrowers, with sub-$100M EBITDA companies posting 3% default rates by loan value. The $10M-$20M EBITDA segment shows the most weakness, with 12% of loans trading below 90% of par versus 1% in 2023. Larger borrowers remain healthier, and overall fundamentals remain supportive with median revenue growth of 6.5% and EBITDA growth of 7.4%.

Keefe, Bruyette & Woods announced index rebalancing across six financial sector indexes, involving multiple additions and removals of companies across insurance, banking, REIT, and financial technology sectors.

Axos Financial reported mixed fiscal year 2025 second-quarter earnings. Adjusted EPS beat estimates, but revenue fell short due to a decline in non-interest income. The company maintained strong operational efficiency, with a rising net interest margin and improved credit quality. However, management did not provide specific forward guidance, and investors should monitor the company's ability to sustain growth through technology investments and diversified revenue streams.

Two stocks, LRN and AX, saw massive gains after short sellers released bearish reports, leading to short squeezes that caused significant losses for the short sellers.

Analyst Kyle Peterson initiated coverage on Axos Financial with a Buy rating, citing the company's digital-first strategy and strong profitability as key advantages over traditional banks.

Implied volatility for Axos Financial (AX) stock options is surging, suggesting investors expect a big move in the stock. However, analysts have revised their earnings estimates for the company downward, indicating a neutral sentiment.

The article discusses how following Berkshire Hathaway's investing themes, rather than its individual stock buys, can yield better investing results. It highlights two stock ideas, Axos Financial and Green Brick Partners, that could prove better investments than Berkshire stocks in banking and homebuilding.

Synchrony (SYF) expands its partnership with Atlanticus in a bid to attract a large customer base and enhance customer experience.

AIG's definitive agreement to sell its global personal travel insurance business to Zurich is expected to free up capital.