The Latest

  • A Bank of America office location is shown, with the bank's flag logo and "Bank of America" signage on the building front.
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    BofA’s Moynihan pledges growth, ‘no excuses’

    At the bank’s investor day Wednesday – its first since 2011 – executives outlined investments in payments capabilities, credit card features and market expansion as levers to fuel consumer growth.

  • Plaid JPMorgan Chase open banking fees fintechs
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    JPMorgan, BofA flag Trump debanking order in SEC filings

    The nation’s two largest banks said they are “responding” to requests from government agencies and other parties regarding their policies toward discontinuing financial services.

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    OCC’s Gould leans away from ‘ostrich’ approach

    Under Jonathan Gould's leadership, the agency aims for "a more balanced approach" to innovation and not a "focus on a parade of horribles," he said.

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    Dive Newsdesk: Fintech innovation sharpens need for regulatory clarity, MoFo partner says

    Avy Mallik, who joined the law firm last month, was previously general counsel of the California Department of Financial Protection and Innovation.

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    Former FTX CEO seeks retrial

    The prosecution was allowed to present a “morally compelling” – but false – tale, according to Bankman-Fried’s attorney. Creditors are ultimately set to receive more than they lost.

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    EagleBank CEO to retire next year

    The Maryland bank, which has been looking to extricate itself from “asset quality challenges,” paid $22.9 million to settle a probe into allegations of insider lending by its previous chief executive.

  • The Citi building framed by surrounding towers in London’s Canary Wharf on March 19, 2025.
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    Citi hones tailored experience for services clients

    Delivering consumer-like capabilities for large companies requires “a mindset of design thinking first,” said Naveed Anwar, global head of platform and data services for Citi’s services unit.

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    Dive Newsdesk: Circle co-founder eyes banking for the ‘AI actor’

    After co-founding Circle more than a decade ago, Sean Neville now leads AI-native financial platform Catena Labs.

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    Bread CFO considers new verticals after credit rating upgrade

    The financial services company’s last quarter was a “validation” of its efforts to strengthen its balance sheet, CFO Perry Beberman said.

  • A stone and glass building entrance is shown with the words "Truist Center" above the doorway, and stairs in the foreground.
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    Caitlin Mullen/Banking Dive
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    Dive Newsdesk: Truist enlists AI in prioritizing personalization

    An AI tool has delivered about 1 billion insights to mobile and online banking clients, said bank executive Sherry Graziano.

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    Oli Scarff via Getty Images
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    Q&A

    6 questions with Barclays’ US CMO

    Two decades into its U.S. presence, Barclays continues to invest in – and innovate – its partnership model, Chief Marketing and Experience Officer Lili Tomovich said.

  • Michelle Bowman speaks at an April 2024 event
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    (2024). [Photo]. Retrieved from Federal Reserve.
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    Fed eyes 30% cut in supervision, regulation unit

    The central bank aims to use attrition, retirement and voluntary offers to cut the division’s workforce to 350, particularly targeting management layers.

  • A U.S. Bank branch is shown with a small crowd of people standing near the front entrance. A sign in the window of the building says "Now Open."
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    Caitlin Mullen/Banking Dive
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    Dive Newsdesk: U.S. Bank concentrates on unified experiences for SMBs

    As the lender boosts its digital capabilities, it’s turned to partnerships with fintechs Melio and Gusto for faster time to market, said Shruti Patel, chief product officer for business banking.

  • A close-up of a building with Capital One signage is shown.
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    Capital One launches community benefits plan

    After its acquisition of Discover closed in May, the credit card giant has begun to open up about elements of its community benefits plan.

  • The U.S. Capitol stands in the distance as morning traffic moves along North Capitol Street Northwest on October 01, 2025 in Washington, DC. The government shut down early Wednesday after Congress failed to reach a funding deal.
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    FDIC’s Hill faces discontent over workplace culture effort, job cuts

    Republican Sen. John Kennedy threatened to vote not to advance the acting chair’s nomination over “pretty words” but a lack of action. Sen. Elizabeth Warren slammed lagging updates on workforce reductions.

  • David Solomon, CEO of Goldman Sachs, gestures and looks to his right while speaking.
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    7 hot takes: Goldman’s David Solomon talks AI, RTO and more

    On AI, the CEO highlighted the nature of work rather than headcount, saying it “doesn't mean we will have less people. It means we have an opportunity to have more valuable people doing more valuable things.”

  • A doorway tucked back from the street is shown within a stone building and the "Chase" logo and name above the entrance.
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    Caitlin Mullen/Banking Dive
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    AI adoption will trim banking industry costs by up to 20%

    The technology’s use will lead to short-term cost reductions for the banking sector, but savings won’t last long, according to McKinsey.

  • Front view of the Bank of America Tower in Charlotte, North Carolina on June 18, 2022.
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    Dive Newsdesk: BofA exec says industry must work through agentic commerce ‘complexity’

    Sara Walsh also highlighted how the global payments solutions group at the Charlotte, North Carolina-based bank is using AI to streamline work functions.

  • Erin Crawford speaks while sitting on the right side of a stage, in conversation with another person.
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    Permission granted by Money20/20
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    Fifth Third aims to ‘reset the narrative’

    “I think people see a financial institution and think that we're slow and that we don't have technology, or that we're last to market,” a Fifth Third executive said, as the bank prepares to roll out enhancements to its app.

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    Monzo CEO to step down in February

    TS Anil will move into an advisory role to make way for former Google and StanChart executive Diana Layfield to lead the fintech.

  • CFPB open banking banks Russell Vought fintechs litigation
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    Judge blocks CFPB open banking rule enforcement

    The preliminary injunction in a federal lawsuit enjoins a U.S. open banking framework until the Consumer Financial Protection Bureau issues a new rule.

  • An aerial view of the Memphis, Tennessee downtown is shown, depicting tall buildings alongside a river.
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    Ohio bank broaches Tennessee with $317.3M acquisition

    Park National Corp.’s proposed purchase of Dyersburg, Tennessee-based First Citizens Bancshares would bridge the Ohio lender’s Midwest and Southeast territories and push the bank beyond $10 billion.

  • Tim Ryan, Citi's head of technology and business enablement, is shown on a big screen while he speaks on stage at a conference.
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    Caitlin Mullen/Banking Dive
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    Citi’s Ryan: Employee buy-in on AI will yield ‘innovation dividend’

    “There's no way we can sit in New York and come up with the strategy for a global company and implement it if we're not bringing our people on the strategy,” Tim Ryan said at Money20/20.

  • A stone building with the words "The Bank of New York" and "1930" inscribed is shown from below looking up.
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    Mario Tama / Staff via Getty Images
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    BNY’s Robin Vince stays big on AI

    “My mantra on this is, AI is for everyone, everywhere, everything at BNY,” the CEO said at Money20/20 in Las Vegas.

  • A closeup of Citi signage on a city storefront
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    Citi, Coinbase ink stablecoin partnership

    The bank’s head of payments and services called the collaboration “a natural extension of [Citi’s] ‘network of networks’ approach.”