Fintech

The latest fintech news for banking professionals.

  • Fintech Spinwheel
    Image attribution tooltip
    Permission granted by Spinwheel
    Image attribution tooltip

    Spinwheel raises $30M in series A to boost agentic AI platform

    The latest fundraise will help develop products that would reduce implementation timeframes from over a year to just a few months and clear the “bottleneck” for sales and marketing functions, CEO and co-founder Tomás Campos said. 

    By • June 25, 2025
  • A paper is shown with the words Paycheck Protection Program Borrower Application Form
    Image attribution tooltip
    Creative via Getty Images
    Image attribution tooltip

    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 • June 25, 2025
  • An AI processor on a futuristic printed circuit board Explore the Trendlineâž”
    Image attribution tooltip
    da-kuk via Getty Images
    Image attribution tooltip
    Trendline

    Artificial intelligence

    Banks are enthusiastic about AI’s promises. But can they get customers on board, and will regulators let the innovation happen?

    By Banking Dive staff
  • A Klarna sign at a Charlotte Premium Outlets mall in Charlotte, N.C. on March 26, 2022.
    Image attribution tooltip
    Caitlin Mullen/Banking Dive, data courtesy of Industry Dive employee Caitlin Mullen
    Image attribution tooltip

    Klarna, Google join forces

    The Swedish buy now, pay later business integrated its payments tool into the search giant’s digital wallet, making its services more widely available.

    By Patrick Cooley • June 24, 2025
  • Cryptocurrency tokens lying next to a gavel
    Image attribution tooltip
    Just_Super via Getty Images
    Image attribution tooltip

    GENIUS Act puts renewed spotlight on stablecoins, digital assets

    The regulatory clarity the measure proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as banks, examining the space, EY’s Paul Brody said.

    By Grace Noto • June 18, 2025
  • Synctera's new chief risk and compliance officer, CRO, CRCO
    Image attribution tooltip
    Permission granted by Synctera
    Image attribution tooltip

    Synctera’s new risk chief doubles down on compliance planning

    Fintech Synctera has tapped a former Fed and OCC examiner as CRCO, as the firm pursues growth with a focus on regulatory compliance. 

    By • June 18, 2025
  • An aerial shot of Little Rock, Arkansas shows a river, bridges and a number of downtown buildings.
    Image attribution tooltip
    Creative via Getty Images
    Image attribution tooltip

    Primis to sell some of its stake in medical fintech

    An undisclosed buyer will purchase Panacea Financial for $22 million. A timeline for the deal was not disclosed.

    By • June 18, 2025
  • corporate cards credit spending T&E compliance fintech
    Image attribution tooltip
    Leo Patrizi via Getty Images
    Image attribution tooltip

    Ramp raises $200M, valued at $16B

    The latest capital raise was led by billionaire Peter Thiel’s Founders Fund, and featured investments from Thrive Capital and 8VC.

    By Justin Bachman • June 17, 2025
  • cryptocurrency graphic
    Image attribution tooltip
    Dan Kitwood via Getty Images
    Image attribution tooltip

    Gemini pursues IPO

    A number of cryptocurrency firms have filed for initial public offerings in 2025. More may follow given “pent-up demand for crypto-oriented companies,” according to one crypto VC.

    By • June 11, 2025
  • Rathi Murthy, the new chief technology officer at Varo Bank
    Image attribution tooltip
    Permission granted by Varo Bank
    Image attribution tooltip

    Varo’s new tech chief views responsible AI as differentiator

    Rathi Murthy, who became the San Francisco-based all-digital bank's CTO in March, has hired for two new and complementary roles aimed at business diligence and strategic development.

    By • June 11, 2025
  • open banking CFPB regulations fintechs FTA
    Image attribution tooltip
    Chor muang via Getty Images
    Image attribution tooltip
    Q&A

    FTA CEO says open banking central to fintechs’ work

    The leader of the Financial Technology Association sees a federal court battle over the Consumer Financial Protection Bureau rule as critical to innovation.

    By Justin Bachman • June 11, 2025
  • Fiserv's headquarters in downtown Milwaukee
    Image attribution tooltip
    Permission granted by Fiserv
    Image attribution tooltip

    Fiserv CEO embraces stablecoins

    The processor is developing an infrastructure that would let its merchant customers make use of the digital assets, Mike Lyons said.

    By Patrick Cooley • June 10, 2025
  • A sign on building reads "Walmart Home Office"
    Image attribution tooltip
    iStock Editorial / Getty Images Plus via Getty Images
    Image attribution tooltip

    Walmart returns to Synchrony for new cards

    The shift comes more than a year after the retailer received permission from a federal judge to end its credit card partnership with Capital One because of customer service issues.

    By Lynne Marek • June 9, 2025
  • Pixelated U.S. paper currency on dark background
    Image attribution tooltip
    dem10 via Getty Images
    Image attribution tooltip

    Yotta sues Evolve alleging ‘Ponzi scheme’ in new lawsuit

    A federal judge dismissed Yotta's September lawsuit against the lender for alleged misappropriation of millions. Yotta filed a new lawsuit Wednesday with a fresh “Ponzi scheme” accusation.

    By • June 6, 2025
  • Circle at ringing of NYSE bell following June 2025 IPO
    Image attribution tooltip
    Courtesy of Courtesy of Circle
    Image attribution tooltip

    Circle CFO takes post-IPO victory lap for stablecoin, company

    The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet financial system,” CFO Jeremy Fox-Geen said.

    By Grace Noto • June 5, 2025
  • fintech graphic
    Image attribution tooltip
    Getty Images/Staff via Getty Images
    Image attribution tooltip

    Payments firms account for bulk of fintech revenue

    Of the $378 billion in global fintech revenues in 2024, $126 billion came from payments firms, according to a new report. The sector is poised for more growth with AI innovation.

    By • June 4, 2025
  • Neobank CHime, banking products Chime
    Image attribution tooltip
    Permission granted by Chime
    Image attribution tooltip

    Chime seeks $832M in next week’s Nasdaq IPO

    After filing S-1 paperwork last month, the San Francisco-based fintech plans to offer 32 million shares priced between $24 and $26 per share.

    By • June 4, 2025
  • Person stands outside building in front of ATM with things in his hands and plastic bag at his feet, with two people walking by behind.
    Image attribution tooltip
    Niccolo Guasti via Getty Images
    Image attribution tooltip

    MoneyGram CEO targets digital remake

    Anthony Soohoo is tackling a digital transformation of the legacy cross-border payments company, leaning on experience at Walmart and Apple.

    By Lynne Marek • June 4, 2025
  • The wellness tourism sector is growing, with hotel guests wanting more wellness-oriented amenities like spas.
    Image attribution tooltip
    Ethan Miller via Getty Images
    Image attribution tooltip

    Why BNPL appeals to salons

    The buy now, pay later option attracts more customers and leads to bigger spending, asserts a payments software executive.

    By Patrick Cooley • June 4, 2025
  • Gemini Trust founders the Winklevoss twins listen during President Trump's Digital Asset Summit
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    Regulatory clarity ‘foundational’ for crypto: Gemini CFO

    Newly minted Gemini CFO Dan Chen emphasized the importance of clear regulatory frameworks as the Trump administration continues to woo the crypto industry.

    By Grace Noto • June 2, 2025
  • Hand of businessman using smart phone with coin icon
    Image attribution tooltip
    Creative stock via Getty Images
    Image attribution tooltip

    Circle files for IPO

    The stablecoin issuer, seeking to go public since 2021, has shut down recent rumors about selling to potential buyers.

    By • May 28, 2025
  • A brunette woman in a green suit speaks at a podium in front of several U.S. flags.
    Image attribution tooltip
    Retrieved from Office of the Governor of the State of New York.
    Image attribution tooltip

    Fintech groups oppose state BNPL rules

    Lobbying organizations argue that New York's rules treat buy now, pay later purchases too much like credit card transactions.

    By Patrick Cooley • May 28, 2025
  • M&A due diligence lawyers legal
    Image attribution tooltip
    ArLawKa AungTun via Getty Images
    Image attribution tooltip

    Global Payments to sell payroll unit for $1.1B

    The payments processor agreed to sell the division to software company Acrisure as it focuses on selling merchant services.

    By Lynne Marek • May 28, 2025
  • Shot of a person typing on a laptop
    Image attribution tooltip
    Sitthiphong via Getty Images
    Image attribution tooltip

    Circle co-founder to build new ‘AI-native’ bank

    Catena Labs recently secured $18 million in a seed funding round, which it plans to use to build a bank designed to serve the emerging AI economy, said co-founder and CEO Sean Neville.

    By • May 21, 2025
  • A Fifth Third Bank sign shows "5/3" with the words "Fifth Third Center" and "Bank Branch" below.
    Image attribution tooltip
    Courtesy of Fifth Third Bank
    Image attribution tooltip

    Fifth Third gives customers free access to wills

    The move reflects the bank’s aims to bolster its benefits for customers and do more with its fintech partners to differentiate itself from competitors, a Fifth Third VP said.

    By • May 19, 2025
  • Gavel sitting on cash
    Image attribution tooltip
    Avosb via Getty Images
    Image attribution tooltip

    Fintech association to defend open banking in court

    The Financial Technology Association will seek to protect a Consumer Financial Protection Bureau open banking rule after receiving a federal judge’s permission to intervene.

    By Justin Bachman • May 16, 2025