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

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

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

Payments fraud risks grow with AI

The artificial intelligence threats are mounting, but so are the defenses, as new industry trends take hold, from agentic commerce to passkey adoption.

By Lynne Marek • Jan. 21, 2026

Wyoming has big plans for stablecoin

The first state-issued stable token is being deployed to reduce card interchange costs and simplify payments to vendors.

By Justin Bachman • Jan. 21, 2026

Affirm to offer BNPL for rent

The buy now, pay later player is one of the first to offer pay later installment financing for tenants paying their monthly rent.

By Patrick Cooley • Jan. 15, 2026

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

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