All stories tagged banking on VentureGrill.
Traditional banking giant BNY and Kraken parent Payward are reportedly exploring a wide-ranging partnership bridging digital assets, custody, and market infrastructure.
Valley National Bank's $340 million acquisition of fintech Bluevine highlights the ongoing convergence of regional banking and digital-first credit platforms, bringing $2.1 billion in deposits.
Payment intelligence firm IPID secures $16 million in Series A funding from banking giants Citi and HSBC, signaling a major industry shift toward standardized identity verification in cross-border settlements.
Chicago fintech lender Avant has filed for a national bank charter with the OCC, seeking to eliminate third-party sponsor banks and access lower-cost deposit funding.
European infrastructure provider FintechOS secures $28 million in mixed equity and debt to fund a US expansion, signaling a pivot toward higher-margin enterprise financial services.
New entrants in the U.S. banking sector face a daunting $20 million floor to launch, a stark reflection of the regulatory and capital costs that have stifled competition since 2010.
Coinbase and Moov are building a stablecoin payment bridge for community banks, signaling a strategic push to integrate crypto-native rails into legacy financial institutions ahead of potential legislative clarity.
Block is seeking a national trust bank charter, a move that would reduce reliance on sponsor banks and bring critical crypto custody and settlement functions in-house.
Chime’s $590 million cash acquisition of Stride Bank marks a definitive move toward full-stack banking, signaling the end of the era of simple sponsor-bank reliance for neobanks.
Latin America’s largest bank has secured conditional approval for a US national bank charter, marking a strategic pivot toward capturing the high-net-worth segment in Miami.
The FDIC is considering an industry-led body to certify fintechs, a move that could standardize risk management and lower the compliance burden for bank partnerships.
The Office of the Comptroller of the Currency's conditional bank charter approval for the Trump-linked crypto venture signals a dramatic shift in federal regulatory posture toward digital assets, opening a highly politicized pathway to federal banking rails.
The Federal Deposit Insurance Corp. is working to launch an independent standards committee to certify bank-fintech partnerships, a move that could permanently alter the unit economics of the bank-as-a-service sector.
A recent intelligence assessment highlights a precarious Russian banking sector with up to 10% of corporate loans and 15% of retail loans at major banks likely non-performing, signaling systemic financial risks.