Page 3

Ill-fated Synapse talks led TabaPay to pursue Denver bank

Purchasing Synapse would have been “a half measure,” TabaPay CEO Rodney Robinson said. “So we learned to go full measure and get a bank.”

Regulators, industry urged to collaborate as new tech scales

As agentic commerce and blockchain take off, regulators and industry players are underestimating “the need for true, timely action,” said a Treasury and National Security Council alum.

Huntington launches small-biz operating platform

“We have a desire to have the most compelling value proposition for small businesses in the country,” Huntington President Brant Standridge said of the bank’s AI-powered 1866 Studio.

Fifth Third CEO downplays risk from AI agent Muse

“Incumbents have a lot of leverage here, provided that we respond,” Tim Spence said Monday during the Cincinnati-based regional bank’s earnings call.

Investment bank Evercore names 2 co-presidents

Nigel Dawn and Naveen Nataraj will ascend to the tier below the top executive, but one may have to wait to take the reins: CEO John Weinberg agreed to stay at least three more years.

Recurring bill service ScribeUp raises $13M

ScribeUp aims to give financial institutions the ability to help consumers stay atop subscriptions and other recurring payments.

Truist consumer-bank chief is out in leadership shakeup

Dontá Wilson, Truist's chief consumer and small business banking officer, is leaving the bank, which is also selling $7.7 billion of consumer loans to Carlyle.

Epstein bill would push regulators to disclose bank probes

Bank executives could face industry bans, fines and criminal referrals under legislation proposed by Sen. Elizabeth Warren, D-MA.

NYDFS fines Swedish bank SEB $33M over AML issues

Anti-money laundering program deficiencies at Stockholm-based Skandinaviska Enskilda Banken came to light following the 2016 Panama Papers leak that ensnared hundreds of banks.

Apple Bank CEO seeks to ‘punch through to consciousness’

To get a foot in the door with customers, smaller players like the New York community bank need larger lenders to slip up, CEO Steve Bush said.

U.S. Bank doubles down on small-biz growth

Following the recent launch of business credit cards, the Minneapolis-based lender seeks to win small-business customers by bundling services, CFO John Stern said.

Dive Deposits: JPMorgan denies Trump’s ‘bare’ blacklist claim

The bank’s lawyers said the president’s debanking complaint should be dismissed because it would would “fail – multiple times over.”

What Wells Fargo, Citi and Goldman Sachs’ CEOs are saying about AI

Citi's Jane Fraser touted faster product launches and reduced vendor spend, while Goldman's David Solomon urged “rigorous testing” of AI, and “clear human accountability."

OCC blasts debanking instances by JPMorgan, others in report

The agency combed through the policies and individual account-closing decisions at nine banks, alleging discrimination, mostly against conservatives. The CFPB also said it would investigate.

BofA fined $1.21B over AML flaws

Bank of America failed to properly monitor trillions of dollars in transactions, according to the Office of the Comptroller of the Currency.

Updated Oct. 14, 2026

JPMorgan CEO Dimon warns customers of ‘liability transfer’ with AI

As Meta’s Muse reignites fears over artificial intelligence-driven deposit flight, Jamie Dimon on Tuesday said bank customers using AI agents need to understand the risks.

Citi allows Saudi-based employees to work remotely amid conflict

The bank is allowing employees there to “do what they feel comfortable doing,” CFO Gonzalo Luchetti said Tuesday, as the bank reported $23.8 billion in quarterly revenue – its best Q3 in a decade.

Dive Deposits: Trump’s Cook committee is betting like it’s 2025

The White House is convening a panel to re-investigate allegations against a Fed governor. The timing may indicate confidence in the midterm election outcome.

Nebraska’s Pinnacle Bancorp to buy Texas community bank

Acquiring SouthStar Bank expands Pinnacle’s Texas presence – currently concentrated in the Dallas-Fort Worth area – in Austin and the central part of the state.

Fintech Upgrade applies for ILC charter

The decade-old credit-card startup named a SoFi alum and longtime regulator as CEO of its proposed bank.

Citi hires up in push to overtake private bank competitors

Under BofA alum Chris Biotti, Citi’s private bank is targeting $3 trillion in untapped North American client assets by installing new leaders across the region.

Warren presses NCUA OIG over empty board

The National Credit Union Administration didn’t have a single board member for two weeks in August. Sen. Elizabeth Warren wants to know who was in charge.

Amex dinged by Fed, OCC; must pay $350M for AML failures

Regulators identified “significant deficiencies” in how American Express' enterprise-wide anti-money laundering program was implemented, in particular at the firm’s national bank subsidiary.

Why Gen Z, millennials are most satisfied with online banks, fintechs

“A lot of it really does start with the idea that the fintechs are protecting their customers from fees, helping customers to protect their money,” JD Power’s Paul McAdam said.

HUD probes Wells Fargo over ‘racialized’ lending

Wells’ programs to bolster Black home ownership – put in place in 2017 and 2022 – are “immoral, unethical and un-American,” Secretary Scott Turner said.