The Latest

  • Fintech Bluevine
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    Bluevine, Valley Bank execs talk integration approach

    Bank M&A has “a rhythm and a routine that's very well known,” Valley COO Russ Barrett said. But the bank’s Bluevine deal has “unique dimensions that are very different than a bank acquisition.”

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    Sponsored by Finastra

    How community and regional banks can modernize without losing what makes them work

    Standing still on lending compliance carries its own risk as the industry evolves.

  • Several Ohio state flags fly outside of the statehouse building.
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    Virginia lender First Community to expand into Ohio with $243M deal

    The acquisition of Main Street Financial Services Corp., set to close in the second quarter of 2027, will add 21 branches to First Community’s footprint, along with $1.6 billion in assets.

  • An aerial view of Memphis, Tennessee, showing skyscrapers in the city and highway interchanges.
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    George Dodd via Getty Images
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    Renasant to boost Memphis presence with $142M deal

    Buying Commercial Bank & Trust would give Renasant nine added branches in Tennessee and access to a trust and wealth franchise that manages $1.2 billion in assets.

  • PNC CEO Bill Demchak
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    Drew Angerer/Getty Images via Getty Images
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    PNC CEO: AI will change the M&A landscape

    For the next few years, Bill Demchak’s eyes are trained far away from mergers and acquisitions, and strongly on PNC’s artificial intelligence growth plans, which he said will cost “hundreds of millions to save billions.”

  • ripple
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    Jack Taylor via Getty Images
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    Ripple gets OCC’s unconditional charter approval

    The fintech is building on its charter victory by announcing expanded partnerships with BNY and Robinhood.

  • Piermont Bank lobby
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    Piermont CEO: Discipline with fintech clients is key

    Wendy Cai-Lee, also the New York-based bank’s founder, said “time will tell” whether newly chartered entities can withstand examination scrutiny.

  • A person walks past a stone storefront that shows a promotional poster in the window.
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    Citi targets deeper client ties with savings rate boost

    “We’re trying to reward behavior clients are already doing – investing or banking – but not always with us,” Kate Luft, Citi’s head of retail banking, said in an interview.

  • People walk past Morgan Stanley's 522 Fifth Avenue Branch in Midtown Manhattan on July 7, 2022.
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    A look inside the AI playbook at Morgan Stanley’s wealth division

    The bank flipped the script on how it approached data to enable artificial intelligence, said Hina Shamsi, CIO of wealth management technology.

  • Sen. Elizabeth Warren, wearing a red jacket, speaks into a microphone during a Congressional hearing.
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    Warren urges Fed, OCC, FDIC to restore bank examiner powers

    Policies limiting when examiners can issue warnings and enforcement actions leave banks more vulnerable to escalations in AI and cybersecurity threats, the senator said.

  • A bicyclist rides by a Wells Fargo bank branch in San Francisco, California
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    Wells Fargo consolidates leadership of consumer bank

    Kleber Santos is now solely responsible for the bank’s consumer banking and lending as Saul Van Beurden becomes wholly focused on AI.

  • A sign reads "Citibank" in a branch window, which reflects an American flag and taxi cabs on the street.
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    Michael M. Santiago / Staff via Getty Images
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    Citi takes cautious approach on AI agent access

    “There are places in which we want to go faster. This is not one of those places,” Naveed Anwar, global head of AI, digital and data platforms within Citi’s services business, said at Money20/20.

  • American Express signage
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    Justin Sullivan via Getty Images
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    Amex to cut roughly 3,500 employees

    The card company is reducing its workforce by 4.5% as it aims to become more “agile and efficient” amid increased use of artificial intelligence, CEO Stephen Squeri said.

  • JPMorgan Chase, CIO, Lori Beer
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    Makenzie Holland/Banking Dive
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    JPMorgan Chase, Goldman Sachs underscore security in AI plans

    “This is one of the most important times to make sure you are appropriately balancing risk and innovation tradeoffs,” JPMorgan Chase CIO Lori Beer said.

  • Abstract blockchain technology concept. Internet security. Isometric digital cube connection background.
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    TU IS
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    Chartered in December, public in January: How BitGo’s growing

    Crypto-curious banks have been knocking on BitGo’s door more often since it nabbed an unconditional OCC charter, according to an executive.

  • Sezzle buy now pay later bank charter OCC financial services regulation
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    Sezzle applies for national bank charter from OCC

    The application marks a pivot from the buy now, pay later provider's earlier plan to become an industrial loan company licensed by Utah.

  • Barclays signage is shown.
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    Oli Scarff via Getty Images
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    Barclays to cut 5,000 employees this year

    Roughly 60% of the reductions are expected in “support functions,” including developers, as AI bolsters productivity, the bank said.

  • A person seated on a stage gestures while speaking.
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    Retrieved from Vincent Roazzi Jr. / Money 20/20 on October 22, 2026
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    Plaid CEO: AI’s rise could fuel ‘scary year’ for financial security

    “We’re just in a dead sprint using AI to fight AI fraud,” Zach Perret, the data aggregator’s chief executive, said at the Money20/20 conference in Las Vegas recently.

  • Paze Early Warning Services retail checkout digital wallets merchants
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    Justin Bachman/Banking Dive
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    Paze sets big targets after revamp

    The wallet’s bank owners are battling Apple and PayPal with an extensive marketing push, touting it as a more secure payment method.

  • A woman interviews a man in professional attire on stage.
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    Permission granted by Gabrielle Saulsbery
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    PNC CEO: Agent-only transactions ‘will never happen’

    The Pittsburgh-based regional bank has made big bets on AI internally. But Bill Demchak said agents transacting could “mess with people’s lives.”

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    Gabrielle Saulsbery/Banking Dive
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    FDIC’s Hill mulls agentic AI deposit impact

    Travis Hill, speaking Tuesday in Las Vegas, also said he sees potential for AI to help the banking agency become more efficient in aspects of supervision and failed bank resolution.

  • banks Illinois credit unions OCC Jonathan Gould regulation interchange fees
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    OCC issues final rule on stablecoin framework

    The regulation bans direct yield payments to customers from stablecoin issuers, but the OCC said it would “evaluate” third-party yield arrangements on a case-by-case basis.

  • Eptura, BMO Bank, M&A due dilligence
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    BMO taps next US country head

    The Canadian bank named Tim Cox, its U.S. general counsel and chief regulatory officer, as country head, effective Nov. 1. Darrel Hackett is retiring from the U.S. CEO role.

  • Cross River Bank
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    Cross River to acquire customer-loyalty specialist Accrue

    Adding the fintech’s branded-wallet platform, stored value and technology would let Cross River “offer partners a complete embedded finance stack,” the $8.5 billion-asset bank said.

  • Wells Fargo headquarters in San Francisco is pictured on June 6, 2023.
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    4 keys to Wells Fargo’s strategy to transform the bank with AI

    In 2027, redesigning workflows with AI in mind is “the biggest area of focus” for Faraz Shafiq, the bank’s head of AI products and solutions.

  • Tampa, Florida, skyline is pictured at dusk
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    Michigan credit union to buy Florida bank

    The acquisition of Sarasota’s Gulfside Bank fills a coverage gap between Tampa and Fort Myers for DFCU Financial, which is marking its fourth expansion in the Sunshine State.