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

Custodia’s Fed options are limited after court denies rehearing

The Wyoming-based crypto bank can petition the Supreme Court. Or it could reapply to the Fed through a channel that didn’t exist when it sued: the “skinny” master account Kraken recently received.

By Dan Ennis • March 16, 2026

Explore the Trendline➔

Top 5 stories from Banking Dive

Amid a swell of activity, financial institutions large and small are leaning into their aspirations. For PNC, it’s scale. For some fintechs, it’s a charter. For Millbury National Bank, it may simply be niceness.

By Banking Dive staff

Fed’s Bowman previews revised capital requirements

Tweaks to the surcharge for global systemically important banks – and a strategy to keep mortgage lending from migrating to nonbanks – punctuate a framework that’s set to be issued next week.

By Dan Ennis • March 13, 2026

Scam prevention needs to focus ‘upstream’ from banks: panel

“We need to bring in these social media companies at the point where [scammers are] first contacting consumers, to look at shared liability,” an AARP executive said at a Banking Dive event Wednesday.

By Gabrielle Saulsbery • March 12, 2026

Bank regulators warn of increased cyber risk from Iran war

California and New York agencies urged lenders to practice heightened cyber awareness amid the military strikes on Iran, saying “recent events warrant vigilance.”

By Caitlin Mullen • March 12, 2026

Nubank hires TikTok alum as marketing chief

The move comes as the Brazilian neobank seeks the OCC’s green light for a national banking charter in the U.S.

By Dan Ennis • March 11, 2026

Revolut gets full license approval from UK

The company has waited more than four years for regulators to grant the license, which allows Revolut a platform for loans, mortgages, credit cards, overdraft protection and savings products.

By Dan Ennis • March 11, 2026

Upstart to apply for national bank charter

“The time is right to launch the first bank built from the ground up on AI,” Paul Gu, the fintech’s incoming CEO, said Tuesday.

By Dan Ennis • March 11, 2026

DOJ, Halkbank agree to end Iran sanctions case

The Turkish lender would have to hire a monitor to review the bank’s compliance with U.S. anti-money laundering and sanctions policy as part of a deferred prosecution agreement, which a judge must sign.

By Dan Ennis • March 10, 2026

Trump issues fraud order after bank execs push national strategy

The president’s order comes a day after industry executives emphasized the need for better coordination among lenders, law enforcement and government at a House subcommittee hearing.

By Caitlin Mullen • March 9, 2026

Clarity Act stokes debate on crypto

The bill aims to identify which agencies should regulate digital currencies.

By Patrick Cooley • March 9, 2026

West Virginia bank director quits over executive pay concerns

Glen Herrick, who resigned from MVB’s board, cited a “lack of alignment between pay and performance” and a “lack of strategic focus on core profitability.”

By Dan Ennis • March 6, 2026

Morgan Stanley partner Zerohash applies for OCC trust charter

The application comes amid fierce blowback from an organization that criticized the OCC’s “unfettered discretion” on which firms get charters and for which activities.

By Dan Ennis • March 6, 2026

Revolut applies for OCC charter

Cetin Duransoy has been named the fintech’s U.S. CEO, succeeding Sid Jajodia, who is now global chief banking officer. Jajodia said in October that a charter would give Revolut “a seat at the table” with regulators.

By Gabrielle Saulsbery • March 5, 2026

Wells Fargo 2018 enforcement action terminated

The bank has sufficiently demonstrated improvements in governance and risk management since its 2016 fake-accounts scandal, the Federal Reserve said Thursday.

By Dan Ennis • March 5, 2026

Kraken receives Fed master account, in a first for crypto

Access to the Federal Reserve’s payment system has long been a dream for cryptocurrency firms, including Custodia Bank, which has sued the central bank in pursuit of access.

By Gabrielle Saulsbery • March 4, 2026

OCC’s proposed threshold change divides bank trade groups

Community lenders warned that boosting an asset threshold to $700 billion from $50 billion would go “far beyond what is appropriate or safe.” But large banks want the heightened standards scrapped.

By Caitlin Mullen • March 4, 2026

Zions Bancorporation sees executive shuffle

Jennifer Smith, Zions’ chief technology and operations officer who also serves as CIO, is leaving, the Salt Lake City-based bank confirmed Tuesday. Two executives will split her duties.

By Dan Ennis • Updated March 4, 2026

KeyBank CIO resigns

Amy Brady is leaving for “personal health considerations,” the bank said. She’ll stay in a nonexecutive role through May 31 but will be eligible for her 2026 incentive, a Scotiabank-related equity award and an extra year’s salary.

By Dan Ennis • March 3, 2026

Edward Jones gets FDIC’s nod for ILC charter

The approval caps a nearly six-year journey for the investment firm, which aims to launch an industrial bank next year.

By Dan Ennis • March 2, 2026

Warren grills Gould over World Liberty charter application

The Senate Banking Committee’s ranking member warned the OCC’s chief he could become “an accomplice” to corruption if the Trump family’s crypto venture is approved for a trust bank charter.

By Caitlin Mullen • Feb. 27, 2026

Dive Deposits: The CFPB RIF case is truly at an impasse

The bureau’s lawyer suggested the dispute could be settled out of court, while the D.C. Circuit may kick the case back to a district judge.

By Dan Ennis • Feb. 26, 2026

How the Fed is making AI ‘durable’

Fed Gov. Christopher Waller likened the rise of AI to the advent of ATMs, which shifted “human effort” to higher-value work. But fellow Fed Gov. Lisa Cook warned of labor market “costs” tied to AI adoption.  

By Caitlin Mullen • Feb. 25, 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

How the OCC is handling its charter application workload

The agency is handling a swell of new-bank applications by pulling talent from the supervision side into one- or two-year rotations in the OCC’s chartering arm, Comptroller Jonathan Gould said.

By Gabrielle Saulsbery • Feb. 25, 2026