Early Warning Services drops Zelle stand-alone app

Zelle users will need to turn to their online banking portals in light of EWS proceeding as planned with the shutdown of its Zelle app this month.

By Patrick Cooley • April 1, 2025

Plaid’s Brian Dammeir talks future of open banking

Open banking has long been an industry-led venture. The trendline won’t change even if the timeline does, Plaid’s head of payments and financial management said.

By Gabrielle Saulsbery • March 26, 2025

Explore the Trendline➔

The Banking Dive Outlook on 2022

Some narratives in 2022, such as office returns, will seem like a logical progression from the year before. Others, such as the regulatory sphere and shift toward smaller M&A, may mark a big shift from the previous 12 months.

By Banking Dive staff

Fintechs egg on ‘willingness to challenge norms,’ Bolt president says

Justin Grooms expects fintechs to keep pushing the payments industry forward with more competition for legacy players.

By Lynne Marek • March 25, 2025

Kraken to buy futures platform NinjaTrader for $1.5B

The tie-up marks the largest deal to date between the traditional finance and crypto sectors.

By Gabrielle Saulsbery • March 24, 2025

Bank transfer fraud losses outpace crypto

The value of fraud losses last year was highest for bank transfers and payments, followed by cryptocurrency transactions, according to a report from the Federal Trade Commission released last week.

By Lynne Marek • March 21, 2025

SEC to drop Ripple case

“I'm heartened that we have paved the way for other industry players to see the value in not backing down ... We are now closing a chapter in crypto history,” CEO Brad Garlinghouse said.

By Gabrielle Saulsbery • March 20, 2025

Crypto firm Gemini hires Affirm veteran as CFO

Dan Chen’s appointment could signal momentum in Gemini’s reported plans to conduct an IPO, coming as the crypto exchange closes the books on several regulatory actions.

By Grace Noto • March 18, 2025

Klarna whittled workforce via AI ahead of IPO

The Swedish buy now, pay later juggernaut cut its headcount in each of the past two years, and expects to keep shrinking it.

By Justin Bachman , Lynne Marek • March 17, 2025

Citi pursues partnerships to elevate its pay-over-time tool

The bank doesn’t need partnerships for its credit card customers to access Flex Pay, but tie-ups offer customer convenience and visibility, said Citi’s Jeff Chwast.

By Caitlin Mullen • March 13, 2025

Airwallex taps into multibillion-dollar creator economy

By embedding finance tools into creator platforms, Airwallex aims to help creators get paid more easily, said Ravi Adusumilli, the company's Americas president.

By Gabrielle Saulsbery • March 12, 2025

Ex-PNC exec was ready to lead Fiserv at ‘the speed of Mike,’ CFO says

“I would say probably 10 days into that transition, [Fiserv CEO] Frank [Bisignano] declared the transition over internally,” CFO Bob Hau said.

By Justin Bachman • March 12, 2025

Pathward CEO: Regulatory scrutiny of BaaS ‘just getting started’

Regulators will keep BaaS under the microscope, continuing to put pressure on the space and contributing to fewer banks in the space, expects Brett Pharr, the bank’s CEO.

By Caitlin Mullen • March 12, 2025

Green Dot considers sale as CEO exits

The embedded finance company, which posted a loss last year, hired Citi to explore its strategic options and named an interim CEO.

By Lynne Marek • March 11, 2025

When PNC vet takes charge at Fiserv, analysts expect ‘business as usual’

Fiserv CEO-elect Michael Lyons has won over investors. Even so, the payments processor can draw on a deep bench of execs who “know the playbook,” one analyst said.

By Patrick Cooley • March 7, 2025

Killing the CFPB would create a vacuum, ex-insider says

Large banks and payment players might enjoy lighter regulation if the CFPB disappears, but should be careful what they wish for, says David Silberman, a former senior administrator for the bureau.

By Justin Bachman • March 7, 2025

BofA eyes personalization, speedier onboarding for business clients

The team behind the bank’s CashPro platform is making tweaks and enhancements to bring more of the consumer experience to the digital business banking space, a CashPro product executive said.

By Caitlin Mullen • March 6, 2025

Crypto miner stresses risk minimization, manufacturing capability

Broadstreet Private Equity CEO David Feingold hedges against the volatility of crypto by converting every altcoin his operation mines into a stablecoin by day’s end.

By Gabrielle Saulsbery • March 5, 2025

CFPB drops Zelle fraud suit against JPMorgan, BofA, Wells Fargo

The agency’s one-page filing dismissed the complaint with prejudice, meaning it cannot be revived in the future.

By Justin Bachman • March 4, 2025

SEC drops case against Kraken

“This dismissal lifts that cloud of uncertainty. It reaffirms that businesses like Kraken, which prioritize compliance and consumer protection, should not be subject to arbitrary legal battles,” the exchange wrote in a blog post.

By Gabrielle Saulsbery • March 3, 2025

Trump names coins in strategic crypto reserve

Differing from prior calls for a national bitcoin stockpile, the strategic reserve will have bitcoin, ether, Ripple’s XRP, Solana’s SOL and Cardano’s ADA, according to the president’s Truth Social post.

By Gabrielle Saulsbery • March 3, 2025

Marqeta replaces CEO, makes acquisition

The embedded payments and digital card company agreed to buy European electronic payments provider TransactPay for about $47 million and swapped out its CEO for a Visa alum.

By Lynne Marek • Feb. 27, 2025

Stripe employee share sale may mean delayed IPO

An internal sale of stock to workers may mean the company won’t pursue a public offering anytime soon, consultants and analysts said.

By Patrick Cooley • Feb. 25, 2025

Capital One, Discover shareholders approve merger

Stockholders of the two companies Tuesday approved the deal, which still awaits sign-off from the Federal Reserve and OCC.

By Patrick Cooley • Feb. 19, 2025

Fed delays start of new Fedwire standard

The central bank postponed a deadline for banks and credit unions to move Fedwire payments to the ISO 20022 format. That may also hold up a broader industry modernization effort.

By Lynne Marek • Feb. 19, 2025

Truist, Zelle execs and others discuss approaches to fraud

A Truist executive advocated for more information sharing to combat push-payment fraud, an issue another participant in a panel discussion last week called a “national challenge.”

By Lynne Marek • Feb. 18, 2025