Fintech
The latest fintech news for banking professionals.
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SMBC, Fin Capital to invest $300M in US fintechs
Sumitomo Mitsui Banking Corporation launched a similar venture in 2023 focused on Asia-based start-ups, and it's thus far made six investments.
By Gabrielle Saulsbery • July 30, 2025 -
Michael M. Santiago / Staff via Getty Images
JPMorgan teams up with Coinbase
The U.S.’s biggest bank will partner with the crypto exchange to link Chase bank accounts and Coinbase crypto wallets.
By Rajashree Chakravarty • July 30, 2025 -
Explore the Trendline➔
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TrendlineFintech disruption in the banking industry
There are as many schools of thought on how to disrupt the banking space as there are disruptors.
By Banking Dive staff -
Alamy
Wise shareholders vote to move primary listing to US
One of the fintech’s co-founders criticized the measure, saying an attached initiative to extend “golden share” voting rights to longtime investors should have been separate.
By Dan Ennis • July 30, 2025 -
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CFPB to ‘substantially’ revamp open banking rule, it says
A judge stayed a court case challenging the rule after the bureau said it would “reexamine” the matter and find a “well-reasoned approach” that “aligns with the policy preferences of new leadership.”
By Justin Bachman • July 30, 2025 -
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Fintech trade groups seek Trump aid on open banking
Fintechs and merchants urged the president to take on big banks and let the Consumer Financial Protection Bureau’s open banking rule move forward.
By Justin Bachman • July 24, 2025 -
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Trade groups push back on crypto firms’ bank charter pursuit
The ABA and other trade groups have urged the OCC to delay approving national trust bank charter applications from Ripple, Circle and other crypto firms, citing “substantial concerns.”
By Rajashree Chakravarty • July 23, 2025 -
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OpenAI’s Altman didn’t expect banks to take to AI so soon
Financial institutions have been surprise early adopters of ChatGPT, and the AI industry is on the advent of "intelligence too cheap to meter," OpenAI's CEO and co-founder said at a Fed event Tuesday.
By Gabrielle Saulsbery • July 22, 2025 -
Alamy
PNC, Coinbase team up on crypto-as-a-service
The nation’s largest crypto exchange and its seventh-largest bank are joining in their “commitment to a more resilient digital financial system,” the firms said Tuesday.
By Gabrielle Saulsbery • July 22, 2025 -
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Judge grants injunction against JPMorgan to Viva Wallet directors
U.K. Judge David Foxton stopped the bank from suing the directors of Viva Wallet in Greece on grounds that the fintech violated its agreement with majority shareholder Werealize.
By Gabrielle Saulsbery • July 21, 2025 -
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Hive Wealth brings ‘digital family office’ to masses with AI
Yvette Sadler Butler has spent the last three decades building investment tools for big banks. Now, she wants to bring “a digital family office” to the masses.
By Gabrielle Saulsbery • July 16, 2025 -
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Anthropic rolls out financial AI tools to target large clients
Claude for financial services can “turbocharge” the work analysts or fund managers are already doing by serving as their research analyst assistant, said Jonathan Pelosi, global head of industry for financial services at Anthropic.
By Rajashree Chakravarty • July 16, 2025 -
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Why small banks may shun Zelle
The peer-to-peer payment network charges comparatively higher transaction rates, but also offers the potential for new customers, consultants say.
By Patrick Cooley • July 16, 2025 -
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Fintechs blast JPMorgan over data fees
The largest U.S. bank says it will begin charging the firms to access customer financial data. PNC’s CEO applauded the effort.
By Justin Bachman • July 16, 2025 -
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Wise to pay $4.2M, boost AML oversight in 6-state settlement
Wise allegedly failed to provide for frequent independent review of its anti-money laundering program. Regulators also found deficiencies in the investigation and reporting of suspicious activity.
By Justin Bachman • July 10, 2025 -
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Community banks view embedded finance as key to longevity: report
Despite increased regulatory scrutiny of banking-as-a-service, over half of the surveyed community bank respondents are considering implementing BaaS or embedded banking solutions.
By Rajashree Chakravarty • July 9, 2025 -
Courtesy of Monzo press kit
Monzo fined $28.7M over AML flaws
This is the 10th financial crime control failings-related fine imposed by the FCA in the last four years, and follows a similar action against fellow U.K. neobank Starling last year.
By Gabrielle Saulsbery • July 9, 2025 -
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Court denies open banking briefs
A federal judge said “friend of the court” briefs wouldn't be helpful in litigation over the Consumer Financial Protection Bureau’s open banking rule.
By Justin Bachman • July 9, 2025 -
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Wealthfront files for IPO
It’s at least the fifth fintech that’s filed to go public this year, but one investor said it’s not a trend – it’s more “a return to normal.”
By Gabrielle Saulsbery • July 2, 2025 -
Courtesy of Courtesy of Circle
Circle applies for national trust charter
The proposal to create the First National Digital Currency Bank “marks a significant milestone to build an internet financial system,” CEO Jeremy Allaire said. Wise applied for a similar charter in June.
By Rajashree Chakravarty • July 2, 2025 -
Jack Taylor via Getty Images
Judge again denies request to slash Ripple’s SEC penalty
The SEC can “change course after an enforcement action is initiated,” the judge wrote last week. “But the parties do not have the authority to agree not to be bound by a court’s final judgment.”
By Dan Ennis • July 2, 2025 -
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Early Warning Services pitches Zelle to Treasury
The company that owns the peer-to-peer service Zelle suggested the U.S. Treasury Department use that tool to replace checks with digital payments.
By Patrick Cooley • July 1, 2025 -
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Envestnet spins off Yodlee to private-equity firm
The data aggregator is being sold to STG for an undisclosed amount in a deal set to close in the third quarter.
By Dan Ennis • June 30, 2025 -
Natalie Meepian via Getty Images
Banking conferences yet to come in 2025
Gatherings can be idea generators, or crucial chances to network — especially amid an environment where political change can yield previously unexpected possibilities and partnerships.
By Dan Ennis • June 27, 2025 -
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Spinwheel raises $30M in series A to boost agentic AI platform
The latest fundraise will help to develop its product stack that would reduce implementation time frames from over a year to just a few months, CEO and co-founder Tomás Campos said.
By Rajashree Chakravarty • June 25, 2025 -
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Blueacorn founder guilty on one count, faces up to 20 years
Stephanie Hockridge “abused the generosity of the American people by stealing money dedicated to the survival of small businesses to fraudulently enrich herself,” one acting U.S. attorney said.
By Gabrielle Saulsbery • June 25, 2025
