Fintech

The latest fintech news for banking professionals.


  • An aerial view of a city skyline at sunset over a river.
    Image attribution tooltip
    DutcherAerials via Getty Images
    Image attribution tooltip

    Former HSBC exec talks career switch to fintech

    HSBC was Episode Six’s second client. The exec who inked the partnership, Brian Muse-McKenney, saw so much promise in the fintech’s offerings that he jumped ship from the C-suite to join it.

    By April 16, 2025
  • Cryptocurrency tokens lying next to a gavel
    Image attribution tooltip
    Just_Super via Getty Images
    Image attribution tooltip

    The Trump administration is making space for stablecoins. Should CFOs?

    With the Trump administration embracing digital assets, finance leaders need to get educated on the potential risk and reward of cryptocurrencies and stablecoins.

    By Grace Noto • April 16, 2025
  • An AI processor on a futuristic printed circuit board Explore the Trendline
    Image attribution tooltip
    da-kuk via Getty Images
    Image attribution tooltip
    Trendline

    Artificial intelligence

    Banks are enthusiastic about AI’s promises. But can they get customers on board, and will regulators let the innovation happen?

    By Banking Dive staff
  • A customer pays using a Clover device
    Image attribution tooltip
    Permission granted by Fiserv
    Image attribution tooltip

    Klarna partners with Fiserv’s Clover

    A recently signed deal will bring Klarna’s installment loans to Clover checkout at merchants across the U.S.

    By Patrick Cooley • April 16, 2025
  • Jack Dorsey, Block CEO
    Image attribution tooltip
    Joe Raedle / Staff via Getty Images
    Image attribution tooltip

    Block agrees to pay $40M New York penalty

    The payments technology company agreed to pay the fine under a consent order to settle allegations related to lax oversight of its Cash App payments tool.

    By Lynne Marek • April 16, 2025
  • A stone sign reads "U.S. Bankruptcy Court."
    Image attribution tooltip
    Reptile8488/iStock via Getty Images
    Image attribution tooltip

    BaaS startup Solid files for bankruptcy

    Arjun Thyagarajan, the company's CEO and co-founder, filed for Chapter 11 in a Delaware court, citing “costly litigation” and an inability to raise capital since 2022.

    By April 16, 2025
  • earned wage access lawsuits
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    NY AG sues MoneyLion, DailyPay

    The state’s lawsuits seek to wind down the companies' earned wage access practices in New York.

    By Justin Bachman • April 15, 2025
  • litigation funding, advisory committee on civil rules
    Image attribution tooltip
    alfexe via Getty Images
    Image attribution tooltip

    Evolve, Lineage Bank face lawsuit over missing funds

    The two lenders, former partner banks of fintech Synapse, were hit with a proposed class action Friday over mismanagement of funds allegedly held at the banks. 

    By April 9, 2025
  • payments financial crisis regulation
    Image attribution tooltip
    Dilok Klaisataporn via Getty Images
    Image attribution tooltip

    Do growing fintechs need more federal regulation?

    State regulators say they’re updating their rules and are best-suited to oversee licensed money transmitters — and a new U.S. payments charter isn’t needed. 

    By Justin Bachman • April 8, 2025
  • Person taps credit card at payment terminal
    Image attribution tooltip
    Mykola Pokhodzhay via Getty Images
    Image attribution tooltip

    Stripe seeks Georgia special banking charter

    If approved, the charter would give Stripe the ability to process credit card transactions without a bank partner.

    By Patrick Cooley • April 7, 2025
  • corporate spending expense management
    Image attribution tooltip
    DjelicS via Getty Images
    Image attribution tooltip
    Q&A

    Brex sees procurement push onto its card

    Corporate buyers are exploring ways to move more of their spending onto cards for better tracking and insight, a Brex executive vice president says.

    By Justin Bachman • April 4, 2025
  • Stacks of $100 Dollar bills increasing in size from left to right are pictured.
    Image attribution tooltip
    Henrik5000 via Getty Images
    Image attribution tooltip

    Atomic scores $10M more in investments

    “What bill pay was in the ‘90s and early 2000s, we want bill management to be [now] ... to transform how people interact with companies that they owe money," Atomic co-founder Jordan Wright said.

    By April 2, 2025
  • Robinhood Banking platform
    Image attribution tooltip
    Permission granted by Robinhood
    Image attribution tooltip

    Robinhood to launch banking product

    The fintech aims to bring a “private banking experience” with the checking and savings account products it's launching this fall, a Robinhood executive said.

    By April 2, 2025
  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
    Image attribution tooltip
    Anna Hrushka/Banking Dive
    Image attribution tooltip

    FDIC eases crypto rules for banks

    Banks can engage in crypto-related activities, but must still exercise proper caution, the agency said.

    By April 1, 2025
  • gavel and money
    Image attribution tooltip
    Avosb via Getty Images
    Image attribution tooltip

    Frank founder, chief growth officer convicted of fraud

    Charlie Javice and Olivier Amar face up to decades in prison for falsifying Frank’s customer numbers amid its $175 million sale to JPMorgan Chase.

    By March 31, 2025
  • This image depicts the podcast series cover image for Arcesium's Banking Dive series, "Comply to Compete: Better Banking Data Management Through 2025’s M&A Integrations"
    Image attribution tooltip
    Anne Callahan/Banking Dive
    Image attribution tooltip
    Sponsored by Arcesium

    [Podcast] Comply to Compete: Better Banking Data Management Through 2025’s M&A Integrations

    M&A is surging—are banks ready for the compliance challenges? Tune in to Arcesium’s podcast for expert insights.

    By Banking Dive's studioID • March 27, 2025
  • open banking
    Image attribution tooltip
    VectorMine via Getty Images
    Image attribution tooltip
    Q&A

    Plaid’s Brian Dammeir talks future of open banking

    Open banking has long been an industry-led venture. The trendline won’t change even if the timeline does, Plaid’s head of payments and financial management said.

    By March 26, 2025
  • Neobank CHime, banking products Chime
    Image attribution tooltip
    Permission granted by Chime
    Image attribution tooltip

    Chime adds instant loans

    The San Francisco-based fintech has debuted an instant loans product that offers three-month installment funds of up to $500 to Chime members.

    By March 26, 2025
  • Shot of personalized Revolut Visa card
    Image attribution tooltip
    Courtesy of Revolut Press Kit
    Image attribution tooltip

    Revolut US CFO aims for growth, maturity, with more ‘boots on the ground’

    Getting the balance between agility and compliance right is crucial for the fintech as it looks to continue its expansion into key markets like the U.S., Revolut CFO Max Lapin said.

    By Grace Noto • March 25, 2025
  • Blockchain has the potential to make finance more efficient and its usefulness goes far beyond cryptocurrency.
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Kraken to buy futures platform NinjaTrader for $1.5B

    The tie-up marks the largest deal to date between the traditional finance and crypto sectors.

    By March 24, 2025
  • A laptop screen shows a login screen for an online .
    Image attribution tooltip
    ipopba via Getty Images
    Image attribution tooltip

    Coastal Community Bank self-identifies material weakness

    The Everett, Washington-based company restated its financial reports for 2023 and the first three quarters of 2024. The lender recently inked a partnership with neobank Dave.

    By March 20, 2025
  • Shot of Ripple XRP token
    Image attribution tooltip
    Jack Taylor via Getty Images
    Image attribution tooltip

    SEC to drop Ripple case

    “I'm heartened that we have paved the way for other industry players to see the value in not backing down ... We are now closing a chapter in crypto history,” CEO Brad Garlinghouse said.

    By March 20, 2025
  • Digital bank, Grasshopper Bank
    Image attribution tooltip
    Permission granted by Grasshopper Bank
    Image attribution tooltip

    Grasshopper lines up new executives amid lending push

    The $867.5 million-asset digital bank added a slew of new lending executives this week, as the lender seeks to jump off loan growth that's come in part from its embedded finance business.

    By March 19, 2025
  • The Michigan State Capitol on a winter day. A stone building with a dome.
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    UK’s OakNorth to acquire Michigan community bank

    The London-based digital bank will buy Community Unity Bank to get a U.S.-based charter and gain a toehold among lower mid-market businesses.

    By March 19, 2025
  • Image of bitcoins.
    Image attribution tooltip
    Chris McGrath via Getty Images
    Image attribution tooltip

    Crypto firm Gemini hires Affirm veteran as CFO

    Dan Chen’s appointment could signal momentum in Gemini’s reported plans to conduct an IPO, coming as the crypto exchange closes the books on several regulatory actions.

    By Grace Noto • March 18, 2025
  • A close-up shot shows part of the exterior of a bank building, behind an American flag.
    Image attribution tooltip
    Creative via Getty Images
    Image attribution tooltip

    Fintech SmartBiz buys Illinois bank

    Initially, the fintech considered obtaining its own charter, but decided it made more sense to find a lender open to acquisition that could complement SmartBiz’s strengths, said CEO Evan Singer.

    By March 18, 2025