Banking News and Analysis | Banking Dive
WEBBanking Dive covers the latest news and trends in the banking industry, from mergers and acquisitions to fintech innovations and regulatory updates.
Deep Dive | Banking Dive
WEBJan 10, 2024 · A year after SVB, what’s improved and what needs work? Banking Dive looks at six factors — from upcoming regulations to commercial real estate — to see how the landscape has changed between the crises of 2023 and 2024.
Fintech News | Banking Dive
WEBAug 9, 2024 · Fed cites digital bank Jiko over capital planning woes. The central bank is requiring the startup, which bought a bank in 2020, to submit a liquidity risk management plan with steps to diversify its funding sources and enhanced stress test scenarios. By Dan Ennis • July 24, 2024.
Banking News and Analysis | Banking Dive
WEBBanking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
Retail Banking News | Banking Dive
WEBAug 6, 2024 · WesBanco to buy Ohio’s Premier Financial in $959M deal. The West Virginia acquirer is raising $200 million for the transaction, set to close in the first quarter of 2025. The deal would give WesBanco 73 added branches and create a $26.9 billion-asset bank. By Dan Ennis • July 26, 2024.
Judge approves plan to end SVB ex-parent’s bankruptcy
WEBAug 5, 2024 · A federal judge approved a plan from SVB Financial Group, the former parent company of the failed Silicon Valley Bank, to end its bankruptcy and distribute its assets to creditors and preferred equity holders.
Tally sunsets over failure to raise capital | Banking Dive
WEB2 days ago · Tally, a credit card debt management platform, has closed its doors due to a lack of funds to run its operations, founder and CEO Jason Brown said in a LinkedIn post Monday. The nine-year-old fintech decided to shut down after considering all alternatives, underscoring the current difficulties facing financial technology companies.
Banking Technology News | Banking Dive
WEBAug 7, 2019 · Fifth Third’s Newline to expand Stripe’s embedded financial services. “Maybe we’re just a little too Midwest humble about it, but Newline isn’t new to this,” Newline GM Tom Bianco said. Working with Stripe, he said, reinforces that it is, and has been, “a real force.”. By Gabrielle Saulsbery • July 31, 2024.
Commercial Banking News | Banking Dive
WEBJul 25, 2019 · The Cincinnati bank must compensate roughly 35,000 harmed consumers. The CFPB settlement resolves a March 2020 lawsuit that asserted the bank created fake accounts and used an aggressive “cross-sell” strategy. By Rajashree Chakravarty • July 9, 2024. The latest commercial banking news for banking industry professionals.
Banking Risk News | Banking Dive
WEBAug 5, 2024 · Fed cites digital bank Jiko over capital planning woes. The central bank is requiring the startup, which bought a bank in 2020, to submit a liquidity risk management plan with steps to diversify its funding sources and enhanced stress test scenarios. By Dan Ennis • July 24, 2024.