U.S. Bank’s Elavon nabs BofA exec for CEO

The payments processor poached Wally Mlynarski from a bank rival to be its CEO, replacing Jamie Walker.

By Lynne Marek • March 19, 2026

EWS pairs with Citi to offer Paze

The collaboration marks the first time the fintech has worked with a non-owner bank on the digital wallet.

By Patrick Cooley • March 17, 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

Mastercard to buy BVNK for $1.8B

“Adding on-chain rails to our network will support speed and programmability for virtually every type of transaction,” a Mastercard executive said.

By Lynne Marek • March 17, 2026

Fintechs push 36% state rate caps

While there is a 36% interest rate standard for lending in the U.S., it’s not codified for all consumers. Now, the effort to set one has moved to the states.

By Lynne Marek • March 16, 2026

Payments firms diverge on checks

Payment companies offered different ways to move past paper checks in comments to the Federal Reserve regarding plans to shift to digital alternatives.

By Patrick Cooley • March 16, 2026

Robinhood takes on premium card issuers

The fintech’s new $695 credit card aims to lure young, wealthy people uninterested in hoarding points or using a card for airport lounge access.

By Justin Bachman • March 16, 2026

Capital One cuts more than 1,100 Discover employees

Numbers shared with the state of Illinois indicate 1,075 people will be let go in May, and another 81 on June 1.

By Caitlin Mullen • March 5, 2026

Citi pushes client co-creation in e-commerce

The bank has endeavored to work “hand in glove” with fintechs, rather than build tools thinking it will beat them, an executive said. “We want them to actually use the platform.”

By Caitlin Mullen • March 4, 2026

Would a bank buy PayPal?

Whether major banks, such as JPMorgan Chase and Capital One, might have an interest in owning PayPal could turn on their ability to monetize that two-sided network.

By Lynne Marek • March 3, 2026

Block swaps 4,000 workers for AI

CEO Jack Dorsey told investors Thursday that Block’s headcount will drop about 40% as it leans on artificial intelligence for efficiencies.

By Patrick Cooley , Lynne Marek • Feb. 27, 2026

Payoneer applies for OCC’s national trust bank charter

The cross-border platform joins the influx of fintechs seeking banking licenses to issue and custody stablecoins. The OCC has conditionally approved at least seven trust bank charters since December.

By Dan Ennis • Feb. 25, 2026

Who could swallow PayPal?

It’s a $40 billion bite, with only a handful of payments players that could swallow it. But is a financial buyer more likely?

By Lynne Marek • Feb. 25, 2026

Klarna pursues more banking customers

The company is targeting more long-term loan and debit card customers as an avenue for growth as it sees its second consecutive quarterly loss.

By Patrick Cooley • Feb. 20, 2026

Remitly hires Santander alum as its next CEO

Sebastian Gunningham served as vice chair of Santander’s Openbank platform. He replaces Remitly co-founder Matt Oppenheimer, who will move into a board chair role.

By Dan Ennis • Feb. 19, 2026

Warren targets Dimon for help on interest rate caps

The senator says her bill emulates a proposal by the JPMorgan Chase CEO to let states determine their own card interest rate limits.

By Justin Bachman • Feb. 18, 2026

How stablecoins are finding a foothold

The digital currency’s earliest use cases are focused mostly on cross-border payments and peer-to-peer remittances.

By Justin Bachman • Feb. 18, 2026

JPMorgan, Nacha to share data via blockchain

The companies aim to simplify the account verification process for JPMorgan Chase customers.

By Tatiana Walk-Morris • Feb. 9, 2026

Fed ‘skinny’ account idea draws criticism

A prototype payment account carries undue restrictions, fintech groups said in response to a Fed proposal that offers expanded real-time payments access.

By Justin Bachman • Feb. 9, 2026

Why some payments companies want to be banks

Banking charters let those companies streamline their services and save money by not partnering with banks.

By Patrick Cooley • Feb. 3, 2026

Florida credit union sues Fiserv, alleging lax cybersecurity

FiCare Federal Credit Union said hackers breached an online banking platform that Fiserv provides and stole members’ money. The credit union alleges Fiserv then told customers it would charge them for a security upgrade.

By Patrick Cooley • Feb. 2, 2026

Zelle network expands by 15%

Most of the 337 financial institutions that were added to the network last year were small community banks and credit unions.

By Patrick Cooley • Jan. 28, 2026

SEC agrees to dismiss Gemini lawsuit

The lawsuit, regarding Gemini Earn, is appropriate to dismiss because its investors have already received 100% of their money back, the SEC said.

By Gabrielle Saulsbery • Jan. 26, 2026

How payment processing works

Learn how card payments move from checkout to your bank account.

Jan. 26, 2026

Affirm seeks Nevada bank charter

The company submitted applications to state and federal regulators to start Affirm Bank, it said Friday.

By Patrick Cooley • Jan. 23, 2026

Klarna to offer after-purchase BNPL

Shoppers will be able to convert purchases into installment loans after the transaction, the company said Tuesday.

By Patrick Cooley • Jan. 21, 2026