CFPB seeks comments for new open banking rule

The agency wants to learn about costs, fees and consumer data risks associated with open banking as it seeks to revise a 2024 rule.

By Justin Bachman • Aug. 22, 2025

Thread Bank digital chief advocates for unified AI strategy

“We don't want 30 different vendors doing 30 different AI things,” said Marty Miracle, the Tennessee lender’s first chief digital officer.

By Rajashree Chakravarty • Aug. 20, 2025

Explore the Trendline➔

Fintech 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

CFPB mulls cutting int’l money transfer oversight

The Consumer Financial Protection Bureau is reconsidering the definition of a large international money transfer firm, potentially reducing regulation.

By Lynne Marek • Aug. 20, 2025

N26 co-founder Valentin Stalf to step down

That leaves co-founder Max Tayenthal as the sole CEO for the moment. The executive shift comes amid rumors that a German regulator intends to launch fresh action against the digital bank.

By Dan Ennis • Aug. 19, 2025

Fed nixes novel activities supervision program

The Federal Reserve’s oversight of banks’ crypto and fintech activities will be folded back into the normal supervisory process, the central bank said Friday.

By Gabrielle Saulsbery • Aug. 18, 2025

Early Warning shirked safeguards, NY says

As states step into the breach left by the CFPB, New York alleges Zelle’s parent devised security policies in 2019 to counter fraud on the payments network, but didn’t impose them for four years.

By Justin Bachman • Aug. 18, 2025

Paxos seeks OCC trust charter

The crypto firm’s renewed application for a national trust charter comes shortly after being fined by the NYDFS, connected to its past relationship with Binance. 

By Rajashree Chakravarty • Aug. 13, 2025

Evolve Bank names CEO with regulatory expertise

Consultant and FDIC vet Bob Hartheimer has taken the reins at Evolve Bank & Trust and aims to “restore trust” in the embattled bank.

By Gabrielle Saulsbery • Updated Aug. 13, 2025

Blueacorn co-founder pleads guilty to conspiracy to commit wire fraud

Nathan Reis, the fintech’s co-founder, is scheduled to be sentenced Nov. 21 and faces up to 20 years in prison.

By Caitlin Mullen • Aug. 12, 2025

CFPB moves to hold Synapse accountable for missing customer funds

The CFPB alleged the now-bankrupt Synapse failed to maintain adequate records of consumers’ funds and match them with its partner banks, leading to an unrecovered loss of $60 million to $90 million.

By Rajashree Chakravarty • Aug. 11, 2025

Ripple to buy Canadian stablecoin platform Rail for $200M

The acquisition comes amid expected wider acceptance of stablecoins in the U.S. Ripple has rebounded this year, with a separate $1.25 billion deal. The SEC also dropped its case against the company.

By Dan Ennis • Aug. 7, 2025

Paxos to pay $48.5M over AML, due-diligence failures

Some of the charges stem from the stablecoin issuer’s relationship with Binance. The agreement includes a $22 million investment in Paxos’ compliance program and a $26.5 million payment to New York’s Department of Financial Services.

By Gabrielle Saulsbery • Aug. 7, 2025

CFTC, SEC make quick work on crypto movement

Both regulators announced plans last week to get going on crypto regulation that aligns with a report by the President’s Working Group on Digital Assets. They’ve already made waves this week.

By Gabrielle Saulsbery • Aug. 6, 2025

Small businesses turn to financial advice, data for growth: Citizens survey

Small business owners who rely on cash flow tools tend to have “higher confidence” and make informed decisions, according to Citizens’ head of business banking, Mark Valentino.

By Rajashree Chakravarty • Aug. 6, 2025

Georgia bank charter attracts 2 more takers

One payments company has applied for the special acquirer credential and another has expressed interest, a state official said.

By Patrick Cooley • Aug. 6, 2025

Will JPMorgan take a bigger bite of Apple?

If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.

By Patrick Cooley • Aug. 5, 2025

Ramp CEO: Autonomous finance will arrive within 3 years

The tech executive weighed in on the future of finance as his company announced that it raised $500 million at a $22.5 billion valuation.

By Alexei Alexis • Aug. 5, 2025

First-ever Finzly CFO seeks to create culture of ‘connectivity’

Software alum Adam Carson aims to upgrade the finance role at the payments infrastructure provider from a "backseat function."

By Grace Noto • Aug. 4, 2025

EWS schools Zelle users on fraud

The company has locked arms with a national nonprofit to educate consumers about fraud and scams on the peer-to-peer payments tool.

By Patrick Cooley • Aug. 1, 2025

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

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

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

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

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

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