Dive Deposits: Was Waller’s ‘skinny’ account clarification a walk-back?

The Federal Reserve governor set out to clarify that only institutions with a banking charter would be eligible for a tailored master account. Does that jibe with the central bank’s “embrace” of disruption?

By Dan Ennis • Nov. 10, 2025

Robinhood CFO steps down

The online brokerage firm named longtime company veteran Shiv Verma to replace Jason Warnick when he leaves the CFO role in next year's first quarter.

By Maura Webber Sadovi • Nov. 6, 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

Appeals court denies Custodia a path to a Fed master account

The ruling was not unanimous, and the crypto firm can still petition for a rehearing. It came after a Fed official floated a “skinny” master account with limited capabilities.

By Dan Ennis • Nov. 5, 2025

OCC’s Gould leans away from ‘ostrich’ approach

Under Jonathan Gould's leadership, the agency aims for "a more balanced approach" to innovation and not a "focus on a parade of horribles," he said.

By Gabrielle Saulsbery • Nov. 5, 2025

Dive Newsdesk: Fintech innovation sharpens need for regulatory clarity, MoFo partner says

Avy Mallik, who joined the law firm last month, was previously general counsel of the California Department of Financial Protection and Innovation.

By Caitlin Mullen • Nov. 5, 2025

Bread CFO considers new verticals after credit rating upgrade

The financial services company’s last quarter was a “validation” of its efforts to strengthen its balance sheet, CFO Perry Beberman said.

By Grace Noto • Nov. 4, 2025

Citi hones tailored experience for services clients

Delivering consumer-like capabilities for large companies requires “a mindset of design thinking first,” said Naveed Anwar, global head of platform and data services for Citi’s services unit.

By Caitlin Mullen • Nov. 4, 2025

Dive Newsdesk: Truist enlists AI in prioritizing personalization

An AI tool has delivered about 1 billion insights to mobile and online banking clients, said bank executive Sherry Graziano.

By Caitlin Mullen • Nov. 4, 2025

Open banking lurches onward

Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial services.

By Justin Bachman • Nov. 3, 2025

Dive Newsdesk: U.S. Bank concentrates on unified experiences for SMBs

As the lender boosts its digital capabilities, it’s turned to partnerships with fintechs Melio and Gusto for faster time to market, said Shruti Patel, chief product officer for business banking.

By Caitlin Mullen • Nov. 3, 2025

Monzo CEO to step down in February

TS Anil will move into an advisory role to make way for former Google and StanChart executive Diana Layfield to lead the fintech.

By Dan Ennis • Oct. 30, 2025

Fifth Third aims to ‘reset the narrative’

“I think people see a financial institution and think that we're slow and that we don't have technology, or that we're last to market,” a Fifth Third executive said, as the bank prepares to roll out enhancements to its app.

By Caitlin Mullen • Oct. 30, 2025

Bunq gets US broker-dealer license

The Dutch neobank had applied for a banking license in 2023 but withdrew that bid over a “difference of views” among the OCC, FDIC and overseas regulators.

By Daniel Muñoz • Oct. 29, 2025

Revolut eyes bank charter to have ‘seat at the table,’ says US CEO

“While the partnership model works well, you miss out on things,” Sid Jajodia said at the Money20/20 conference.

By Gabrielle Saulsbery • Oct. 28, 2025

U.S. Bank’s Kedia: Banks should ‘lean into’ change

“It's times of disruption and discontinuity where winners and losers are created,” the CEO said at Money20/20. “If you're front-footed, you can come out on the other side with just distance between you and your competitors.”

By Caitlin Mullen • Oct. 28, 2025

Community banks have ‘no choice’ but to be in stablecoin business, lawmaker says

Bank-fintech partnerships are essential to enabling community banks to serve stablecoin interest, Rep. Mike Flood, R-NE, said Sunday at the Money20/20 conference.

By Caitlin Mullen • Oct. 28, 2025

Zelle parent pursues crypto for international payments

The peer-to-peer money transfer company said it will leverage stablecoins to let users send money across borders.

By Patrick Cooley • Oct. 24, 2025

Trump pardons Binance founder Zhao

Changpeng Zhao previously pleaded guilty to violating anti-money laundering laws, and then served four months in prison.

By Gabrielle Saulsbery • Oct. 23, 2025

CFPB deluged with open banking comments

Banks and fintechs aired their arguments regarding the federal agency’s proposed revision of a rule on sharing consumer data.

By Justin Bachman • Oct. 23, 2025

Stablecoins must become simple: panel

To become widely used, the cryptocurrency needs to work as easily as other currencies, a panel of stablecoin experts said.

By Justin Bachman • Oct. 23, 2025

Suncoast eyes member credit growth with Bloom+

“Credit's always been this chicken-or-the-egg,” said Bloom Credit CEO Christian Widhalm. “If you don't have credit, it's hard to get credit.”

By Gabrielle Saulsbery • Oct. 22, 2025

New Plaid CFO to focus on ‘sustainable’ growth

Stripe alum Seun Sodipo will join Plaid as the data aggregator looks to continue expanding its products across areas including credit and payments.

By Grace Noto • Oct. 22, 2025

Coinbase buys angel investment platform Echo for $375M

Coinbase, much like its competitors, has made a number of acquisitions this year as the crypto market trends upward and federal regulators adopt crypto-friendly policies.

By Gabrielle Saulsbery • Oct. 21, 2025

Waller floats ‘skinny’ Fed account

Federal Reserve Gov. Christopher Waller proposed the central bank’s staff explore creating a new limited payments account that might be suited to fintechs.

By Lynne Marek • Oct. 21, 2025

Stablecoin risks abound: Fed’s Barr

To make stablecoins viable, regulators implementing the Genius Act must impose protective guardrails, Federal Reserve Gov. Michael Barr told a fintech conference.

By Justin Bachman • Oct. 16, 2025