The Latest

  • A view of the historic Old Florida State Capitol building, which sits in front of the current New Capitol, on November 10, 2018 in Tallahassee, Florida.
    Image attribution tooltip
    Mark Wallheiser via Getty Images
    Image attribution tooltip

    Florida credit union to buy 2nd bank in a month

    Gulf Winds Credit Union agreed to buy Madison County Community Bank in August. Now it’s following up with a deal for Alabama’s Peoples Exchange Bank before a scheduled rebrand next year.

  • Man working on computer
    Image attribution tooltip

    Adobe Stock (generative AI), modified by Cisco

    Image attribution tooltip
    Sponsored by Cisco

    Why a full-stack AI infrastructure is the new trust currency in banking

    Scaling AI in banking? Discover why full-stack infrastructure is the new trust currency.

  • A white marble American eagle sculpture sits atop a white marble building entrance, with the words "Federal Reserve" seen etched into the marble.
    Image attribution tooltip
    Alex Wong / Staff via Getty Images
    Image attribution tooltip

    Fed’s ‘collective lack of action’ let info security risks fester: OIG

    Governance of the central bank's information security program and enforcement of controls lack clarity, resulting in a 2024 incident involving a retiring employee “remaining unresolved for over a year,” an OIG report said.

  • People walk on a sidewalk past an entrance with a "Valley Bank" sign above the doorway.
    Image attribution tooltip
    Caitlin Mullen/Banking Dive
    Image attribution tooltip

    Valley National Bank to acquire fintech Bluevine for $340M

    The fintech is set to bring Valley $2.1 billion in deposits and make the bank “a much stronger and more relevant small business competitor,” executives said Monday.

  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
    Image attribution tooltip
    Anna Hrushka/Banking Dive
    Image attribution tooltip

    California’s Nano Banc fails

    Sunwest Bank acquired most of the assets, deposits and loans from the long-troubled bank. Nano is the sixth U.S. bank to collapse in 2026.

  • Two people wearing suits and ties pose for a photo, smiling and giving the thumbs up symbol. American flags are seen in the background.
    Image attribution tooltip
    Scott Olson / Staff via Getty Images
    Image attribution tooltip

    FDIC clamps down on ‘significantly undercapitalized’ Old Glory Bank

    Old Glory’s latest call report showed the bank’s leverage ratio was 2.69%. The bank failed to respond to a notice of intent that regulators would issue a directive for prompt corrective action, the FDIC said.

  • A sign above an ATM at a Capital One Café on February 19, 2024, in Miami, Florida.
    Image attribution tooltip
    Joe Raedle / Staff via Getty Images
    Image attribution tooltip

    Capital One’s agentic AI strategy hinges on data, platform-first mindset

    Proper data context and guardrails are key to deploying AI agents at scale, said Rashmi Shetty, the bank's vice president of enterprise artificial intelligence.

  • Cryptocurrency Apps - Binance, Circle, Coinbase.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Circle CFO to step down following $1.05B IPO

    Jeremy Fox-Geen will leave the stablecoin issuer after five years as its top finance officer helping to drive growth and usher the company through its long-awaited 2025 IPO.

  • OCC
    Image attribution tooltip
    Retrieved from OCC.
    Image attribution tooltip

    Mission Lane gets green light for OCC charter

    The fintech has received conditional approval to form the first new credit card bank regulated by the Office of the Comptroller of the Currency in more than 20 years, a consultant said.

  • Canada border crossing highway sign
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Michigan credit union CEO is out after ‘Lake America’ blowback

    The executive privately posted an AI-altered photo of family members wearing “Lake America” sweatshirts while headed to Canada for vacation. A public repost – without the AI label – went viral.

  • The corner of a stone building is shown, with awnings over windows and "Huntington Bank" signage and logo on each side of the building.
    Image attribution tooltip
    Retrieved from Huntington on September 25, 2026
    Image attribution tooltip
    Q&A

    Huntington unites marketing, digital in a push for growth

    Former USAA executive Ameesh Vakharia has been tasked with aligning the regional bank’s brand experience with its digital product delivery. “We can't have marketing buzzwords or campaigns that don't manifest,” he said.

  • Trump Federal Reserve payments financial technology
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    Fed proposes stablecoin rules

    In a statement issued alongside proposed rules, Fed Gov. Michael Barr said stablecoins “will only be stable if they can be reliably and promptly redeemed at par in a range of conditions.”

  • A sign reads "Wells Fargo" with the bank's logo below.
    Image attribution tooltip
    Michael M. Santiago / Staff via Getty Images
    Image attribution tooltip

    Wells Fargo names COO Scott Powell as next risk chief

    Chief Risk Officer Derek Flowers will retire from Wells Fargo in mid-January, and Powell will transition to that role, the bank said.

  • A car drives by a brick and glass storefront with the words "Bank of America" and the Bank of America flag logo above the entrance.
    Image attribution tooltip
    Justin Sullivan / Staff via Getty Images
    Image attribution tooltip

    BofA battles for talent as business banker hiring surges

    Bank of America's Sharon Miller says competitors recognize business owners as a fountain of leads for cross-selling opportunities and are chasing that business, too.

  • El Paso, Texas city skyline
    Image attribution tooltip

    Shutterstock

    Image attribution tooltip

    WestStar stretches New Mexico presence with Southwest Capital deal

    The transaction, set to close in the first quarter of 2027, gives Southwest Capital a landing spot after a previous tie-up with a credit union collapsed.

  • A stone building facade shows the words "Bank of America Tower" above a glass paneled entrance, with stone steps below.
    Image attribution tooltip
    Caitlin Mullen/Banking Dive
    Image attribution tooltip

    Bank of America plans to double AI budget next year

    The bank’s co-president Wednesday pointed to “clearly identifiable” gains from AI, as questions swirl around how soon returns on investment will be seen.

  • E. Barrett Prettyman courthouse in Washington, DC.
    Image attribution tooltip
    "E. Barrett Prettyman US Courthouse" by Cliff is licensed under CC BY 2.0
    Image attribution tooltip
    Column

    Dive Deposits: The NCUA is not the Fed, DOJ says

    An appeals court should reverse the reinstatement of two fired NCUA board members because the law doesn’t explicitly forbid the president from ousting them, the Justice Department argued.

  • The Office of the Comptroller of the Currency logo
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Fintech Avant applies for OCC charter

    A charter from the Office of the Comptroller of the Currency would allow the Chicago-based fintech to expand its credit products, diversify beyond them, and reduce its cost of funds, the CEO said.

  • Orlando, Florida, USA aerial skyline towards Lake Eola.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Florida de novo opens its doors

    The $43 million raised from local investors “demonstrated how much the community was needing this,” Portrait Bank founder and CEO Erik Weiner said.

  • An Ally logo is displayed above a gothic-style building facade.
    Image attribution tooltip
    Alamy
    Image attribution tooltip

    Ally bets on loyalty perks to boost consumer bank strategy

    The digital lender aims to drive relevancy with customers’ everyday spending through the addition of a rewards program, Ally’s president of consumer banking said.

  • city landscape image of tall buildings in Boston with a river in front
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Boston’s Beacon names next CEO a year after merger

    Sean Gray served as chief operating officer at Beacon and as president and COO of predecessor Berkshire Bank. Beacon CEO Paul Perrault retired Monday.

  • Adyen headquarters office building in Amsterdam
    Image attribution tooltip
    Permission granted by Adyen
    Image attribution tooltip

    Adyen snaps up Klarna CFO

    Niclas Neglén will begin at the Dutch payments processing firm Feb. 1. The move gives Adyen a permanent successor to Ethan Tandowsky, the company’s previous CFO, who left Aug. 31.

  • The Office of the Comptroller of the Currency's seal hangs on a brick building.
    Image attribution tooltip
    Permission granted by Office of the Comptroller of the Currency
    Image attribution tooltip

    OCC conditionally approves 3 national trust charters

    Bastion Platforms Trust Co., Agora National Trust Bank and Catena Trust Bank applied for charters in March, April and May, respectively.

  • A mixture of historic and newer buildings fill a downtown district, as people walk along the street.
    Image attribution tooltip
    Mario Tama / Staff via Getty Images
    Image attribution tooltip

    New Orleans de novo aims to challenge bigger-bank dominance

    Nola Bank is Louisiana’s first new lender since 2010 and is pursuing minority depository institution status, executives said.

  • People seen using an ATMs at a Barclays bank.
    Image attribution tooltip
    Sion Touhig via Getty Images
    Image attribution tooltip
    Column

    Dive Deposits: Barclays employees, union push back on RTO clampdown

    A workers union wants exemptions and/or a one-off payment for employees with long commutes and those who provide long-term care. The bank is requiring U.K.-based staff to come in three days a week.

  • A person wearing a red jacket sits behind a microphone.
    Image attribution tooltip
    Anna Moneymaker / Staff via Getty Images
    Image attribution tooltip

    3 takeaways from stress test changes and a new SVB review

    Fed Vice Chair for Supervision Michelle Bowman outlined three potential changes to stress-test calculations and an assessment of the central bank’s performance amid the 2023 collapse of Silicon Valley Bank.