Liane Pierce, SVP of Client Experience at @Betterment, just joined @tara_roudi on stage to talk about scaling AI agents inside one of the most regulated industries in the world. Her advice for finserv leaders still making the internal case: start with your compliance team early, be honest about where the risk sits, and find a partner who can meet you at the standards your business requires.

EXECUTIVE SUMMARY Under Operation Economic Outcast, OFAC designated India-based 𝐒𝐮𝐧𝐢𝐞𝐥 𝐊𝐮𝐦𝐚𝐫 𝐒𝐡𝐚𝐫𝐦𝐚 and 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝 and their maritime fraud network for providing false flags and fake certifications to Iran’s shadow fleet, including vessels tied to Iranian petroleum shipments. OFAC also designated Türkiye-based 𝐅𝐮𝐠𝐨 𝐆𝐫𝐨𝐮𝐧𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐈𝐧𝐜 for ground handling services to sanctioned Iranian airlines. INDIVIDUALS - 𝐒𝐮𝐧𝐢𝐞𝐥 𝐊𝐮𝐦𝐚𝐫 𝐒𝐡𝐚𝐫𝐦𝐚: India-based, Chandigarh; alleged mastermind of the false-flag and maritime certification network; managing director of 𝐎𝐜𝐞𝐚𝐧𝐢𝐞𝐤 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐈𝐧𝐝𝐢𝐚; used registries purporting to represent Aruba, Nicaragua, and Sint Maarten; designated under E.O. 13902 for operating in Iran’s petroleum sector. - 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝: India-based, Chandigarh; Sharma’s spouse; has managed the couple’s business empire at least on paper; designated under E.O. 13902 for materially assisting or supporting 𝐒𝐮𝐧𝐢𝐞𝐥 𝐊𝐮𝐦𝐚𝐫 𝐒𝐡𝐚𝐫𝐦𝐚. - 𝐀𝐬𝐡𝐰𝐚𝐧𝐢 𝐊𝐮𝐦𝐚𝐫 𝐃𝐡𝐢𝐦𝐚𝐧: Indian national; nominal director of Sharma-linked businesses, including 𝐀𝐫𝐲𝐚𝐯𝐚𝐫𝐭 𝐒𝐡𝐢𝐩 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝; designated under E.O. 13902 for acting for or on behalf of Aryavart. - 𝐈𝐬𝐡𝐰𝐢𝐧𝐝𝐞𝐫 𝐒𝐢𝐧𝐠𝐡: Indian national; nominal director of Sharma-linked businesses, including 𝐀𝐫𝐲𝐚𝐯𝐚𝐫𝐭 𝐒𝐡𝐢𝐩 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝; designated under E.O. 13902 for acting for or on behalf of Aryavart. ENTITIES - 𝐄𝐬𝐰𝐚𝐭𝐢𝐧𝐢 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐀𝐟𝐟𝐚𝐢𝐫𝐬 𝐚𝐧𝐝 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐡𝐢𝐩 𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐲 𝐏𝐓𝐄. 𝐋𝐭𝐝.: Singapore-based; false Eswatini flagging registry publicly disavowed by Eswatini authorities; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝; provided flagging services to vessels carrying Iranian petroleum, including 𝐏𝐈𝐍𝐆 𝐒𝐇𝐔𝐍. - 𝐎𝐜𝐞𝐚𝐧𝐢𝐞𝐤 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐈𝐧𝐝𝐢𝐚: India-based; managed by 𝐒𝐮𝐧𝐢𝐞𝐥 𝐊𝐮𝐦𝐚𝐫 𝐒𝐡𝐚𝐫𝐦𝐚; used to establish fraudulent flag registries purporting to represent Aruba, Nicaragua, and Sint Maarten; designated as owned or controlled by Sharma. - 𝐀𝐫𝐲𝐚𝐯𝐚𝐫𝐭 𝐒𝐡𝐢𝐩 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝: India-based; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝; 𝐀𝐬𝐡𝐰𝐚𝐧𝐢 𝐊𝐮𝐦𝐚𝐫 𝐃𝐡𝐢𝐦𝐚𝐧 and 𝐈𝐬𝐡𝐰𝐢𝐧𝐝𝐞𝐫 𝐒𝐢𝐧𝐠𝐡 serve as nominal directors. - 𝐏𝐫𝐞𝐜𝐞𝐩𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝: India-based; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝. - 𝐏𝐨𝐥𝐲𝐧𝐞𝐬𝐢𝐚 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝: India-based; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝. - 𝐀𝐥𝐞𝐱𝐚𝐫𝐲𝐚 𝐅𝐢𝐧𝐬𝐞𝐫𝐯 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝: India-based; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝. - 𝐀𝐥𝐞𝐱𝐚𝐫𝐲𝐚 𝐌𝐞𝐝𝐢𝐚 𝐚𝐧𝐝 𝐄𝐧𝐭𝐞𝐫𝐭𝐚𝐢𝐧𝐦𝐞𝐧𝐭 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝: India-based; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝. - 𝐕𝐢𝐡𝐚𝐫𝐚𝐛𝐨𝐚𝐭𝐢𝐧𝐠 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝: India-based; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝. - 𝐀𝐫𝐲𝐚𝐯𝐚𝐫𝐭 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐓𝐫𝐮𝐬𝐭: India-based; owned or controlled by 𝐉𝐚𝐬𝐩𝐫𝐞𝐞𝐭 𝐏𝐫𝐞𝐞𝐭𝐢 𝐒𝐡𝐚𝐡𝐢𝐝. - 𝐅𝐮𝐠𝐨 𝐆𝐫𝐨𝐮𝐧𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐈𝐧𝐜: Türkiye-based; provides ground handling and other services to U.S.-designated Iranian airlines; direct service agreements include Iran Air Tour, Saha Airlines, Sepehran Airlines, Varesh Airlines, Taban Airlines, and Ata Airlines Company; began servicing several carriers weeks after their September 8, 2026 designations; designated under E.O. 13902 for operating in Iran’s aviation sector. VESSELS/AIRCRAFT - 𝐏𝐈𝐍𝐆 𝐒𝐇𝐔𝐍 (IMO 9231901): flag state not expressly stated beyond its link to the false Eswatini registry; sanctioned vessel that transported Iranian petroleum and was serviced by 𝐄𝐬𝐰𝐚𝐭𝐢𝐧𝐢 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐀𝐟𝐟𝐚𝐢𝐫𝐬 𝐚𝐧𝐝 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐡𝐢𝐩 𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐲 𝐏𝐓𝐄. 𝐋𝐭𝐝. - 𝐌𝐀𝐉𝐄𝐒𝐓𝐈𝐂 𝐗 (formerly 𝐏𝐇𝐎𝐍𝐈𝐗, IMO 9198317): false Guyana flag; seized April 22, 2026 by the U.S. Department of War while carrying Iranian oil. - 𝐋𝐀𝐓𝐓𝐀𝐅𝐀 (IMO 9245794): flag state not specified in release; sanctioned vessel that transported Iranian petroleum products and received a false flag through Sharma registries. - 𝐁𝐈𝐍𝐀𝐑𝐘 𝐒𝐓𝐀𝐑 (IMO 9380570): flag state not specified in release; sanctioned vessel that transported Iranian petroleum products and received a false flag through Sharma registries. - 𝐕𝐄𝐑𝐀 (IMO 9304655): flag state not specified in release; sanctioned vessel that transported Iranian petroleum products and received a false flag through Sharma registries. - Aircraft: none designated in this action. KEY TECHNICAL DETAILS - Authorities: E.O. 13902, targeting Iran’s petroleum, petrochemical Source:

FISERV $FISV Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $5.3B (Est. $5.04B) 🟢; -4% YoY 🔹 Adj. EPS: $1.84 (Est. $1.91) 🔴; -26% YoY 🔹 Organic Revenue: $5.0B; -5% YoY FY26 Guide: 🔹 Adj. EPS: $7.20-$7.40 (Est. $8.10) 🔴 🔹 Organic Revenue: -1%-0% Segment Net Revenue: 🔹 Merchant Solutions: $2.6B; -1% YoY 🔹 Financial Solutions: $2.4B; -8% YoY Other Q2 Metrics: 🔹 Adjusted Operating Income: $1.6B 🔹 Adjusted Operating Margin: 31.8%; -780 bps YoY 🔹 Free Cash Flow: $1.4B Comments: 🔸 “While we are adjusting our 2026 outlook, we are reiterating our expected medium-term growth rates.” 🔸 “Our recurring revenue base is durable, client demand for our strategic platforms remains strong”

🎥 @Fiserv is embedding AI across Clover and Commerce Hub to serve merchants of every size. Clover’s AI workflow tools, intelligence, and agents are "leveling the playing field for SMBs." CRO for Enterprise & Platforms Lia Cao tells @RemyBlaireNews at Money20/20 USA.

🇺🇸NEWS: @Fiserv has launched its digital asset platform, with Bank of North Dakota’s USD-backed Roughrider Coin as its first live use case. Roughrider Coin is issued by VersaBank, with transactions processed on @Solana.

THE BLOCK: Fiserv's digital asset platform has gone live with Bank of North Dakota's dollar-backed coin as its first use case. The stablecoin runs on Solana and is designed for interbank transactions among more than 90 participating banks and credit unions in the state.

🔥 NOW: Fiserv launches its digital asset platform on Solana, starting with Bank of North Dakota's Roughrider Coin, which lets 90+ banks and credit unions settle payments in seconds.