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

Discover costs mount for Capital One

Integration costs will surpass the original $2.8 billion estimate, CEO Richard Fairbank said Tuesday. Capital One reported a $4.3 billion second-quarter loss.

By Caitlin Mullen • July 23, 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

Ally makes AI platform available companywide

The bank’s proprietary artificial intelligence platform, Ally.ai, has been tested with 2,200 employees in marketing, audit and technology over the past 18 months, its CIO said.

By Caitlin Mullen • July 23, 2025

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

Banks diversify cloud portfolios to bolster resilience

Financial firms are leaning on cloud to improve customer service and power long-term growth, London Stock Exchange Group found.

By Matt Ashare • July 18, 2025

Big bank CEOs talk stablecoin plans

The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin plans, JPMorgan, BofA, Citi and U.S. Bank executives indicated last week.

By Caitlin Mullen • July 17, 2025

Bank of America touts AI gains amid industrywide adoption push

The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.

By Matt Ashare • July 17, 2025

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

6 takeaways from the Senate’s crypto market structure hearing

Senators largely agreed on the need for regulation, but differed on the potential focus and framing of such a bill.

By Gabrielle Saulsbery • July 11, 2025

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

BNY to custody Ripple USD

BNY custodies two other stablecoins – Circle’s USDC, since 2022, and SocGen’s USD CoinVertible, since June.

By Gabrielle Saulsbery • July 9, 2025

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

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

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

Anchorage CEO: Stablecoins to become ‘core plumbing’ in finance

“What we’re witnessing now is the early formation of a new financial standard — one that’s faster, more transparent, and natively digital,” Nathan McCauley said.

By Gabrielle Saulsbery • June 25, 2025

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

Banking industry, big tech unite to forge AI adoption guidelines

Citi and Morgan Stanley joined forces with AWS, Microsoft and Google Cloud to set open-source controls for secure AI adoption in the financial industry.

By Matt Ashare • June 24, 2025

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

JPMorgan Chase to launch deposit token

“It will be the first token of its kind on a public blockchain, enabling fast, secure, 24/7 money movement between trusted parties,” according to a post by Base, Coinbase’s blockchain.

By Gabrielle Saulsbery • June 18, 2025

PNC’s mobile branch manager braces for hurricane season

“Our purpose is to make sure that we minimize any disruptions for the communities we serve, as quickly and as physically safely as we can do that,” Chris Hill said.

By Caitlin Mullen • June 18, 2025

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 Gabrielle Saulsbery • June 11, 2025

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 Rajashree Chakravarty • June 11, 2025

How 3 banks are capitalizing on AI

Lloyds, NatWest and Truist are building on in-house productivity gains to scale more ambitious use cases.

By Matt Ashare • June 11, 2025

Truist looks to optimize digital onboarding

With a sharper focus on customer experience, Truist is working to smooth out the onboarding process and increase personalization in its digital banking channels, an executive said.

By Caitlin Mullen • June 10, 2025

Fifth Third takes ‘intentionally unsexy’ approach to mobile app improvements

“It is more important to customers that banking works, than that banking is delightful,” said Fifth Third’s chief strategy officer and head of consumer products.

By Caitlin Mullen • June 6, 2025