Gemini pursues IPO

A number of cryptocurrency firms have filed for initial public offerings in 2025. More may follow given “pent-up demand for crypto-oriented companies,” according to one crypto VC.

By Gabrielle Saulsbery • June 11, 2025

Varo’s new tech chief views responsible AI as differentiator

Rathi Murthy, who became the San Francisco-based all-digital bank's CTO in March, has hired for two new and complementary roles aimed at business diligence and strategic development.

By Rajashree Chakravarty • June 11, 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

How 3 banks are capitalizing on AI

Lloyds, NatWest and Truist are building on in-house productivity gains to scale more ambitious use cases.

By Matt Ashare • June 11, 2025

Truist looks to optimize digital onboarding

With a sharper focus on customer experience, Truist is working to smooth out the onboarding process and increase personalization in its digital banking channels, an executive said.

By Caitlin Mullen • June 10, 2025

Fifth Third takes ‘intentionally unsexy’ approach to mobile app improvements

“It is more important to customers that banking works, than that banking is delightful,” said Fifth Third’s chief strategy officer and head of consumer products.

By Caitlin Mullen • June 6, 2025

Circle CFO takes post-IPO victory lap for stablecoin, company

The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet financial system,” CFO Jeremy Fox-Geen said.

By Grace Noto • June 5, 2025

Payments firms account for bulk of fintech revenue

Of the $378 billion in global fintech revenues in 2024, $126 billion came from payments firms, according to a new report. The sector is poised for more growth with AI innovation.

By Gabrielle Saulsbery • June 4, 2025

MoneyGram CEO targets digital remake

Anthony Soohoo is tackling a digital transformation of the legacy cross-border payments company, leaning on experience at Walmart and Apple.

By Lynne Marek • June 4, 2025

Regulatory clarity ‘foundational’ for crypto: Gemini CFO

Newly minted Gemini CFO Dan Chen emphasized the importance of clear regulatory frameworks as the Trump administration continues to woo the crypto industry.

By Grace Noto • June 2, 2025

SEC drops Binance lawsuit

The regulator sued the world’s largest crypto exchange, its founder and its U.S. affiliate in 2023.

By Gabrielle Saulsbery • May 30, 2025

Blockchain firm, NJ county ink deal to digitize $240B of deeds on-chain

Balcony, using the Avalanche blockchain, says that the Bergen County effort is the largest blockchain-based deed tokenization project in U.S. history.

By Gabrielle Saulsbery • May 28, 2025

Circle files for IPO

The stablecoin issuer, seeking to go public since 2021, has shut down recent rumors about selling to potential buyers.

By Rajashree Chakravarty • May 28, 2025

Santander’s Openbank opens first US physical location

The Miami location "is another opportunity to bridge our digital and in-person experience to deliver a truly differentiated offering,” Openbank US CEO Swati Bhatia said.

By Gabrielle Saulsbery • May 27, 2025

Evolve dodges Yotta lawsuit for now

Yotta’s lawsuit against its former bank partner was dismissed for failing to “plead the ‘who, what, when, where, and how’” of Evolve’s alleged misdoings. Yotta must file an amended complaint by June 2.

By Gabrielle Saulsbery • May 21, 2025

Circle co-founder to build new ‘AI-native’ bank

Catena Labs recently secured $18 million in a seed funding round, which it plans to use to build a bank designed to serve the emerging AI economy, said co-founder and CEO Sean Neville.

By Rajashree Chakravarty • May 21, 2025

JPMorgan aims to ‘resist’ headcount growth

Although headcount increases in recent years were necessary to support growth, “we do suspect some inefficiency was introduced,” the bank’s CFO said during Monday’s investor day.

By Caitlin Mullen • May 19, 2025

Hack could cost Coinbase up to $400M: filing

The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.

By Gabrielle Saulsbery • May 16, 2025

JPMorgan drops portions of its Viva lawsuit

The bank and Viva Wallet, which it partially owns, have been locked in legal battles since early 2024.

By Gabrielle Saulsbery • May 15, 2025

Chime files for IPO

Chime submitted its paperwork to go public Tuesday in a widely expected move, stressing that it “is a technology company, not a bank.”

By Rajashree Chakravarty • May 14, 2025

Generative AI may shoulder up to 40% of workload, some bank execs predict

Six in 10 bank executives list generative AI as a top investment priority this year, according to a survey published in April by KPMG.

By Caitlin Mullen • May 14, 2025

Ripple would get $75M back under SEC settlement

The agreement must get sign-off from a federal judge, among other next steps. A Democratic commissioner at the SEC, however, said the deal would mark a “tremendous disservice” to the law.

By Dan Ennis • May 9, 2025

Stablecoin bill falters in Senate

Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial system – and raised concerns about Trump’s ties with crypto ventures.

By Rajashree Chakravarty • May 9, 2025

Celsius founder gets 12 years in prison

Alex Mashinsky misrepresented Celsius’ business and financial position to woo customers into “unbanking themselves,” and then manipulated Celsius’ native token to enrich himself, the DOJ said.

By Gabrielle Saulsbery • May 9, 2025

Coinbase to buy options exchange Deribit in $2.9B deal

The transaction – the crypto sphere’s largest of the year – positions Coinbase to boost its international foothold and diversify its trading revenue.

By Dan Ennis • May 9, 2025

Maxine Waters walks out of digital asset hearing

House Democrats’ walkout blocked the hearing from taking place. They cited concerns over the president’s and his family’s ties to digital asset businesses. 

By Rajashree Chakravarty • May 7, 2025