Checkout.com grabs Georgia banking charter

The payments processor received conditional approval for the state's merchant acquirer limited purpose bank charter.

By Patrick Cooley • Jan. 12, 2026

Trump proposes card rate cap; banks eschew idea

The president said he’d like a 10% cap on credit card interest rates for a year, starting this month, but banks said it would be “devastating” for consumers.

By Lynne Marek • Jan. 12, 2026

Explore the Trendline➔

Fraud and AML in banking

The past year has been one of reckoning with regard to fraud — from TD’s $3 billion AML penalty to the continuing punitive phase connected to PPP misdeeds, crypto bankruptcies and pig butchering.

By Banking Dive staff

Trump family’s crypto firm seeks bank charter

World Liberty Financial follows several other digital asset companies in pursuit of a national trust bank charter, regulated by the Office of the Comptroller of the Currency.

By Gabrielle Saulsbery • Jan. 8, 2026

JPMorgan Chase to take over as Apple Card’s issuer

The largest U.S. bank will assume a $20 billion portfolio of Apple customers as Goldman Sachs extricates itself from consumer lending.

By Justin Bachman • Jan. 8, 2026

Klarna faces investor lawsuit

The buy now, pay later company understated the risks of its consumer loans, the legal action alleges.

By Patrick Cooley • Jan. 5, 2026

CFPB shifts on EWA policy, again

Certain employer-partnered earned wage access products aren’t subject to U.S. lending laws, the bureau said, formally discarding a 2024 Biden-era rule.

By Justin Bachman • Dec. 23, 2025

Fed seeks comments on ‘skinny’ account

The Federal Reserve Board voted 6-1 on Friday to gather public comment on creating a new special payments account for use by financial institutions.

By Lynne Marek • Dec. 22, 2025

SoFi launches stablecoin infrastructure

Banks and fintechs will be able to white-label SoFi’s stablecoin, and those stablecoins will be interchangeable with SoFiUSD, a spokesperson for the company said.

By Gabrielle Saulsbery • Dec. 18, 2025

Why PNC joined FedNow

The bank finally joined the Federal Reserve’s instant payments system this year after a significant Treasury Department announcement.

By Lynne Marek • Dec. 17, 2025

MoneyGram swipes Wells Fargo exec for CFO

In February, Marc Winniford will take the finance reins of the legacy cross-border payments company that is seeking to digitally overhaul its sprawling operations.

By Maura Webber Sadovi • Dec. 11, 2025

Fifth Third, Brex ink corporate card partnership

Fifth Third’s corporate card program, previously operated in-house, will soon be powered entirely by fintech Brex.

By Gabrielle Saulsbery • Dec. 10, 2025

Airwallex raises $330M in new funding

The payment player’s latest capital injection will help fund further U.S. expansion and a second headquarters in San Francisco.

By Justin Bachman • Dec. 10, 2025

Digital wallet use outpaces regulators

Consumers are increasingly turning to these mobile tools for convenience and new features. But are regulators keeping pace?

By Justin Bachman , Shaun Lucas , Julia Himmel • Dec. 3, 2025

How the open banking rule skidded

The Consumer Financial Protection Bureau faces a budget crunch or closure in early 2026, clouding the fate of its open banking rule revision.

By Justin Bachman • Nov. 24, 2025

Stripe faces bank charter pushback

The Office of the Comptroller of the Currency charter would let Stripe sidestep regulations, and offer the fintech legitimacy it does not deserve, the National Community Reinvestment Coalition said.

By Patrick Cooley • Nov. 24, 2025

Ex-Truist employee sentenced in ‘complex’ check-cashing scheme

Eight Georgia residents were each ordered to pay the bank more than $390,000 in restitution as part of the case. 

By Caitlin Mullen • Nov. 21, 2025

Senators back open banking rule

Democrats urged the Consumer Financial Protection Bureau to pursue an open banking rule that lets consumers freely shift personal financial data.

By Lynne Marek • Nov. 20, 2025

Capital One joins FedNow

The bank signed up for the Federal Reserve’s real-time payments system this week, leaving just two of the eight largest U.S. retail banks that have not.

By Lynne Marek • Nov. 20, 2025

JPMorgan exec warns of stablecoin saturation

A deluge of digital coins threatens to make the cryptocurrency a loyalty program like airline frequent flier miles, the bank’s global co-head of payments said Wednesday.

By Justin Bachman • Nov. 13, 2025

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

Dive Newsdesk: BNY aims to ‘stitch [the] world together’

The nation’s oldest bank processes an average of $2.4 trillion daily across more than 120 currencies, said Carl Slabicki, its executive platform owner of treasury services.

By Gabrielle Saulsbery • Nov. 7, 2025

BofA investor day spotlights co-presidents Athanasia, DeMare

In response to an analyst’s skepticism, co-president Jim DeMare said he and Dean Athanasia were put in their positions to help drive “rigor” around bank units meeting growth goals.

By Caitlin Mullen • Nov. 6, 2025

BofA’s Moynihan pledges growth, ‘no excuses’

At the bank’s investor day Wednesday – its first since 2011 – executives outlined investments in payments capabilities, credit card features and market expansion as levers to fuel consumer growth.

By Caitlin Mullen • Nov. 5, 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

6 questions with Barclays’ US CMO

Two decades into its U.S. presence, Barclays continues to invest in – and innovate – its partnership model, Chief Marketing and Experience Officer Lili Tomovich said.

By Gabrielle Saulsbery • Nov. 3, 2025