CFTC chair nominee says Gemini execs tanked his bid

Brian Quintenz alleges Tyler Winklevoss lobbied President Trump to stall the nomination after the crypto leader received a tepid response regarding a complaint on the agency’s conduct.

By Dan Ennis • Sept. 11, 2025

FINRA charges former Synapse execs

Former Synapse Brokerage CEO Jeffrey Stanley allegedly “failed to reasonably supervise” his company’s cash management program. Former Compliance Chief Mark Paverman is also accused of lying to FINRA.

By Gabrielle Saulsbery • Sept. 10, 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

Klarna counts on retailers for growth

As the Swedish fintech becomes publicly traded, the BNPL giant says the availability of its services at retailers such as Walmart and Macy’s correlates strongly to future growth.

By Justin Bachman • Sept. 10, 2025

Open banking looks better with crypto

After fintechs and crypto bros showed how banks might fetter digital assets, the Consumer Financial Protection Bureau revamped its views of open banking.

By Justin Bachman • Sept. 8, 2025

Stablecoin maturity, regulation opens crypto adoption gate: Taxbit CEO

While regulatory clarity has eased some of the risks associated with stablecoins, CFOs are still eyeing outstanding accounting and tax questions.

By Grace Noto • Sept. 8, 2025

Figure eyes $4.13B valuation in IPO

The blockchain startup and certain investors aim to sell more than 26 million shares at $18 to $20 each. The company outlined go-public plans during the same week as crypto exchange Gemini and BNPL provider Klarna.

By Dan Ennis • Sept. 3, 2025

Gemini IPO aims for $2.2B valuation

The crypto exchange plans to sell 16.67 million shares at between $17 and $19 each in the offering, and expects to list on Nasdaq under the ticker GEMI.

By Dan Ennis • Sept. 3, 2025

U.S. Bank revives bitcoin custody

The Minneapolis-based lender paused its bitcoin custody offering in 2022, but “enhanced regulatory clarity” has brought the service back to life, an executive said.

By Gabrielle Saulsbery • Sept. 3, 2025

Klarna to raise as much as $1.27B in revived IPO

The buy now, pay later behemoth will offer 34.3 million shares priced at $35 to $37 per share, it said. Klarna suspended its previous IPO plan in March amid market volatility.

By Justin Bachman • Sept. 2, 2025

Square unveils new product roadmap

Block’s point-of-sale unit offered a public glimpse of new features from its product schedule last week, with a request for customer feedback.

By Justin Bachman • Sept. 2, 2025

Aspiration co-founder pleads guilty in wire fraud case

Joe Sanberg falsely inflated revenue, available cash and a fellow board member’s assets to fleece $248 million from investors and lenders, the Justice Department said.

By Dan Ennis • Aug. 27, 2025

CFPB sues Synapse, plans to use victims’ fund to pay end users

Customers whose funds have been frozen since April 2024 will be paid out of the CFPB’s civil penalty fund, if a court approves.

By Gabrielle Saulsbery • Aug. 27, 2025

CFPB proposes trimming its nonbank purview

A rule proposed Tuesday would restrict the bureau’s ability to supervise nonbanks. The agency aims to adopt a binding, standardized definition of “risks to consumers” that would make enforcement consistent, it said.

By Caitlin Mullen • Aug. 26, 2025

Fed’s Waller pushes deeper ties with ‘innovators’

The Federal Reserve has begun “technical research” on financial technology, including tokenization and AI in payments, the central bank governor said Wednesday.

By Justin Bachman • Aug. 22, 2025

CFPB seeks comments for new open banking rule

The agency wants to learn about costs, fees and consumer data risks associated with open banking as it seeks to revise a 2024 rule.

By Justin Bachman • Aug. 22, 2025

Thread Bank digital chief advocates for unified AI strategy

“We don't want 30 different vendors doing 30 different AI things,” said Marty Miracle, the Tennessee lender’s first chief digital officer.

By Rajashree Chakravarty • Aug. 20, 2025

CFPB mulls cutting int’l money transfer oversight

The Consumer Financial Protection Bureau is reconsidering the definition of a large international money transfer firm, potentially reducing regulation.

By Lynne Marek • Aug. 20, 2025

N26 co-founder Valentin Stalf to step down

That leaves co-founder Max Tayenthal as the sole CEO for the moment. The executive shift comes amid rumors that a German regulator intends to launch fresh action against the digital bank.

By Dan Ennis • Aug. 19, 2025

Fed nixes novel activities supervision program

The Federal Reserve’s oversight of banks’ crypto and fintech activities will be folded back into the normal supervisory process, the central bank said Friday.

By Gabrielle Saulsbery • Aug. 18, 2025

Early Warning shirked safeguards, NY says

As states step into the breach left by the CFPB, New York alleges Zelle’s parent devised security policies in 2019 to counter fraud on the payments network, but didn’t impose them for four years.

By Justin Bachman • Aug. 18, 2025

Paxos seeks OCC trust charter

The crypto firm’s renewed application for a national trust charter comes shortly after being fined by the NYDFS, connected to its past relationship with Binance. 

By Rajashree Chakravarty • Aug. 13, 2025

Evolve Bank names CEO with regulatory expertise

Consultant and FDIC vet Bob Hartheimer has taken the reins at Evolve Bank & Trust and aims to “restore trust” in the embattled bank.

By Gabrielle Saulsbery • Updated Aug. 13, 2025

Blueacorn co-founder pleads guilty to conspiracy to commit wire fraud

Nathan Reis, the fintech’s co-founder, is scheduled to be sentenced Nov. 21 and faces up to 20 years in prison.

By Caitlin Mullen • Aug. 12, 2025

CFPB moves to hold Synapse accountable for missing customer funds

The CFPB alleged the now-bankrupt Synapse failed to maintain adequate records of consumers’ funds and match them with its partner banks, leading to an unrecovered loss of $60 million to $90 million.

By Rajashree Chakravarty • Aug. 11, 2025

Ripple to buy Canadian stablecoin platform Rail for $200M

The acquisition comes amid expected wider acceptance of stablecoins in the U.S. Ripple has rebounded this year, with a separate $1.25 billion deal. The SEC also dropped its case against the company.

By Dan Ennis • Aug. 7, 2025