Fintech
The latest fintech news for banking professionals.
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Fintech’s summer-break C-suite churn has begun
Revolut’s co-founder and chief technology officer is leaving his role at the company. The move comes roughly a week after Adyen’s finance chief said he was leaving. Meanwhile, Nubank named a Visa alum as its next CFO.
By Dan Ennis • June 4, 2026 -
Chime’s ‘#1’ claim raises J.D. Power’s ire
The research and ranking company sued Chime, alleging the neobank improperly used the phrase “#1 ranking based on J.D. Power survey” in advertising materials.
By Gabrielle Saulsbery • June 4, 2026 -
Explore the Trendline➔
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TrendlineCustomer service
Banks and fintechs have a choice when looking to grow: Identify a new customer segment and expand services, or drill down and better serve the clients they have.
By Banking Dive staff -
Fintech revenues hit record $504B in 2025: study
Revenue in the sector is growing four times as fast as in banks, according to a recent report by Boston Consulting Group and FT Partners.
By Gabrielle Saulsbery • June 3, 2026 -
CFPB directs Bilt to reimburse customers affected by card transition
After tech issues plagued the fintech’s transition to a new bank partner this year, the CFPB said it’s worked to ensure affected consumers “are appropriately remedied.”
By Caitlin Mullen • June 3, 2026 -
Photo by Bia Santana from Pexels.
Nubank, Adyen see CFO transitions
Longtime Visa executive Rob Livingston will take the finance reins of the Brazilian neobank July 13. Meanwhile, Dutch payments processor Adyen CFO Ethan Tandowsky is leaving the company Aug. 31.
By Tatiana Walk-Morris , Maura Webber Sadovi • June 3, 2026 -
Fintech Wise probed over AML concerns
A Belgian prosecutor is looking into “indications of non-compliance,” particularly from “a lack of proper identification of clients and their activities.”
By Dan Ennis • June 2, 2026 -
OCC cites AML deficiencies at NY bank that partners with fintechs
New York City-based Community Federal Savings Bank, a partner to Wise and Crypto.com, faces an enforcement action over what the regulator deemed an inadequate suspicious activity alert system.
By Dan Ennis • May 27, 2026 -
LendingClub CEO expects ‘skinned knees’ amid fintech charter rush
Fintechs that want to become banks should brace for “a learning curve” as they ramp up governance, risk and compliance infrastructure, said LendingClub CEO Scott Sanborn.
By Caitlin Mullen • May 27, 2026 -
Coinbase rolls out refreshed direct-deposit feature
The crypto exchange raised its ceiling on deposit limits, but the Clarity Act’s restrictions on passive stablecoin earnings may present a challenge.
By Dan Ennis • May 27, 2026 -
OCC’s Gould justifies conditional trust charter approvals
“We don’t have a zero risk tolerance anymore,” the comptroller said at an event May 20, adding that “a reasonable chance of success” is “how we evaluate applications.”
By Caitlin Mullen • May 21, 2026 -
Bitcoin Depot files for bankruptcy as crypto ATMs go offline
Alex Holmes, who has led the company since March, cited “stringent compliance obligations” from states, increasing litigation and tougher transaction limits.
By Daniel Muñoz • May 20, 2026 -
Warren demands national trust charter details from Gould
National trust charters have been awarded to firms that “intend to engage in activities that appear to go far beyond the narrow set of activities permitted by law,” the Democratic senator told the head of the OCC.
By Gabrielle Saulsbery • May 20, 2026 -
Trump order seeks to open Fed rails
The administration mandated a review of how the Federal Reserve and other agencies can aid fintech firms through greater central bank access.
By Justin Bachman • May 20, 2026 -
Chime CEO: Pursuing bank charter is ‘a when, not if’
The fintech regularly reevaluates the potential timing of an inevitable push for a charter, Chime CEO Chris Britt said Monday, as regulators see an influx of applications.
By Caitlin Mullen • May 19, 2026 -
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By Sarah Lambert • May 18, 2026 -
Senate panel approves crypto bill
The Clarity Act – with stablecoin yield language intact – moved to the full Senate. Some last-minute amendments resurfaced, but an anti-money laundering measure was denied.
By Dan Ennis • May 15, 2026 -
Column
Dive Deposits: Affirm’s AI stance runs counter to trend
While some fintechs are content to do more with less through AI, BNPL platform Affirm simply aims to do more, as its top execs eschew human layoffs in favor of artificial intelligence.
By Dan Ennis • May 13, 2026 -
Fintech Parker files for bankruptcy
“Three weeks ago, I thought Parker was going to be acquired in a deal worth nearly $90M,” the fintech’s co-founder, Yacine Sibous, wrote Saturday. “Yesterday, we filed for Chapter 7.”
By Gabrielle Saulsbery • May 13, 2026 -
Kraken parent seeks OCC charter
Payward said a national trust charter would complement its special-purpose depository institution, Kraken Financial, which recently became the first crypto firm to receive a Federal Reserve master account.
By Gabrielle Saulsbery • May 11, 2026 -
Kraken parent boosts card capabilities in $600M Reap acquisition
The deal, set to close in the second half of this year, opens Payward’s pathway to the Asia-Pacific region.
By Dan Ennis • May 8, 2026 -
How Chime overcame trust challenges when deploying its AI agent
Customer satisfaction rose after the fintech deployed Jade. “Automation and cost savings don’t need to come at the expense of a great experience,” COO Janelle Sallenave said.
By Kristen Doerer • May 8, 2026 -
Hacktivist group stole Chime customer information, lawsuits allege
Three separate lawsuits allege that a hacker group known as Team 313 stole personal information from Chime customers when it attacked the fintech’s systems April 1.
By Gabrielle Saulsbery • May 6, 2026 -
Banks, crypto firms battle over stablecoin yield
A compromise from two senators is reigniting debate over how far a ban on rewards for stablecoin holdings should extend.
By Dan Ennis • May 6, 2026 -
Crypto exchange Bullish makes a $4.2B deal
In buying Equiniti, Bullish gets a blockchain-native transfer agent that could allow investors to engage in 24/7 transactions, instant settlement and frictionless asset movement.
By Dan Ennis • May 5, 2026 -
Coinbase axes 700 employees
The cryptocurrency exchange joins a growing list of companies swapping out their workers for AI, following Block, Crypto.com and Bolt in making job cuts this year.
By Gabrielle Saulsbery • May 5, 2026