Celsius founders to pay FTC $16.5M

Alex Mashinsky and Shlomi Daniel Leon are banned from marketing or selling products to deposit, exchange, invest or withdraw assets. Hanoch Goldstein must not market or sell crypto-trading products.

By Gabrielle Saulsbery • July 21, 2026

Fed bans former Illinois bank exec

James Burns, a former chief lending officer, approved loans based on inflated appraisals, causing the acquirer of his employer to lose money.

By Gabrielle Saulsbery • July 21, 2026

Explore the Trendline➔

Artificial intelligence

Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.

By Banking Dive staff

CFPB nominee Johnson agrees to Capital One recusal

The bank executive, who faces the Senate Banking Committee on Thursday, pledged to forfeit any unvested Capital One restricted stock. The bank, however, is letting him keep bonuses from 2024 and 2025.

By Dan Ennis • July 21, 2026

Citizens to exit agreements with CoreCivic, GEO

Citizens called the end of its relationships with the ICE contractors “a business decision” that “does not reflect any change in our view regarding these companies' business models or operations.”

By Gabrielle Saulsbery • July 20, 2026

Kansas’ Small Business Bank fails

The Fed last month gave the Lenexa, Kansas-based lender 30 days to increase its equity, after two previous enforcement actions. It’s the fourth bank collapse of 2026 and the second in seven days.

By Dan Ennis • July 20, 2026

State AGs blow whistle on OppFi, Enova deals

Twenty state attorneys general, led by Illinois AG Kwame Raoul, wrote a letter urging the OCC, Fed and FDIC not to approve the proposed fintech purchases of banks.

By Gabrielle Saulsbery • July 17, 2026

Democrats slam Vought over CFPB ‘trauma’

The acting director of the consumer watchdog on Thursday reiterated his preference to eliminate the agency as he appeared before the Senate Banking Committee.

By Caitlin Mullen • July 17, 2026

Warren, Warsh spar over Bowman’s appearance at private dinner

Fed Chair Kevin Warsh said he supports an inspector general’s investigation of Fed Gov. Michelle Bowman’s reported appearance at a private dinner hosted by Bank of America during a Fed blackout period.

By Caitlin Mullen • July 16, 2026

Custodia petitions Supreme Court over Fed access

The Wyoming-based crypto bank has argued unsuccessfully for a Fed master account for years. Now it’s calling the central bank’s denial a “death sentence.”

By Dan Ennis • July 15, 2026

Citi flags potential for more severance this year

The bank, which has reduced headcount by about 5% over the past year, is focused on finding efficiencies to fund investments, executives indicated Tuesday.

By Caitlin Mullen • July 15, 2026

Regulators issue guidance on lending to unauthorized workers

Financial institutions should “identify, measure, monitor and control these risks” in a way that that assesses “a borrower’s willingness and capacity to repay,” regulators said.

By Gabrielle Saulsbery • July 14, 2026

CFPB, union agree to give Trump pick a say on staff-cut plan

Brian Johnson, the nominee to lead the CFPB, would get 60 days to review the workforce reduction plan if the Senate confirms him, a district judge said Thursday.

By Dan Ennis • July 13, 2026

Circle gets OCC’s full trust bank charter nod

The company’s CEO, Jeremy Allaire, said the development “marks a defining step in bringing blockchain technology and digital assets into the core of the U.S. financial system.”

By Dan Ennis • July 10, 2026

Fed stands out among bank enforcement action decline: Brookings

Enforcement action activity by federal banking agencies has fallen over the past decade, according to a study published Wednesday.

By Caitlin Mullen • July 9, 2026

Sony receives OCC’s conditional approval for trust charter

The Japanese conglomerate aims to launch Connectia Trust, which will issue and manage stablecoins, in 2027. Banking trade groups and consumer advocates voiced their objection months ago.

By Dan Ennis • July 8, 2026

Klarna applies for ILC charter

CEO Sebastian Siemiatkowski called a U.S. banking license a "natural next step, giving customers tools to borrow responsibly and build financial confidence."

By Lynne Marek • July 7, 2026

AI will reshape financial services, and regulation will follow

As banks move toward AI-first services, managing autonomy will be the main challenge for regulators, according to the U.K.’s primary financial watchdog.

By Makenzie Holland • July 6, 2026

OCC ends enforcement against Patriot Bank

Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he now expects regulatory and FDIC fees to decrease.

By Gabrielle Saulsbery • July 2, 2026

Dive Deposits: The CFPB just redefined 2 weeks’ notice

The bureau gave employees until July 14 to accept a geographic reassignment. Declining the move or failing to respond in time “will result in your separation from the CFPB,” according to a Tuesday note to staff.

By Dan Ennis • July 2, 2026

EagleBank to pay $9.7M to resolve BSA violations

The Bethesda, Maryland-based lender admitted to knowingly letting customers engage in a check fraud scheme, and to having lax anti-money laundering controls for more than a decade.

By Gabrielle Saulsbery • July 1, 2026

Warren grills Capital One CEO over CFPB nominee

The Democratic senator wanted to know if Capital One executive-turned-CFPB nominee Brian Johnson had any role in the bureau’s termination of a lawsuit against the bank.

By Dan Ennis • June 30, 2026

Lawmakers reintroduce cannabis banking reform

Sen. Jeff Merkley and others have once again reintroduced cannabis banking reform, this time in new waters – following the rescheduling of medical cannabis.

By Gabrielle Saulsbery • June 29, 2026

Supreme Court rules Trump can’t fire Fed’s Cook

Justices voted 5-4 that Lisa Cook should remain at the central bank, despite the president’s attempt to remove her. The court, however, expanded presidential powers to fire other federal appointees.

By Dan Ennis • June 29, 2026

Morgan Stanley gets OCC’s conditional approval for trust charter

The digital-asset trust must maintain at least $50 million in tier 1 capital and obtain the regulator’s nonobjection for any changes to the business or directors.

By Dan Ennis • June 29, 2026

CFPB overhauls complaint system to curb ‘abuse’

Citing a dramatic increase in credit reporting complaint volume, the bureau said its fixes would “restore integrity” to the system. But consumer advocates said changes will make it increasingly difficult for consumers to get help from the agency.

By Caitlin Mullen • June 26, 2026