Banking 2 news and trends

AI Agents Wake Up $1.6 Trillion in Sleepy Bank Deposits
Artificial Intelligence // October 08, 2026

JPMorgan Chase, Bank of America and Wells Fargo hold about $1.6 trillion in deposits that pay no interest, the Financial Times reported. That money tends to stay put because moving it takes time. Artificial intelligence (AI) agents could remove that friction. Meta’s Muse and similar...

Chase Adds Payroll to Larger Business Banking Offering
B2B Payments // October 07, 2026

Chase is expanding its payroll service to help business clients dealing with cash flow pressures. The new offering, announced Wednesday (Oct. 7), brings Chase Payroll alongside the banking and payment activities business customers already manage through the lender. “Small business owners are constantly balancing employees,...

Fraud Becomes a Bigger Cost of Running a Neobank
Fraud Prevention // October 07, 2026

Neobanks are spending far more on fraud prevention even as their fraud losses continue to rise. Fraud prevention spending among neobanks, digital-only banks and FinTechs jumped 357% in a year, from $1.8 million to $8 million per institution, according to the PYMNTS Intelligence report “Scams...

ERP Platforms Embrace Payment Execution, Putting Bank Portals on Notice
B2B Payments // October 07, 2026

The corporate finance provider landscape has traditionally been defined by a simple truth. However sophisticated enterprise resource planning (ERP) became, eventually someone still had to go to the bank to move the money. But the news Tuesday (Oct. 6) that SAP has launched new embedded payments...

Interviews & Exclusives
Careful Consumers Want Control. SoFi Says Banks Should Hand It Over.

October 07, 2026
Watch more: Need to Know With Max Spivakovsky of SoFi  A consumer does not have to stop spending to become more careful about money. Debit spending offers a closer look at how consumers are balancing everyday expenses with travel and entertainment, according to Max Spivakovsky, senior director of global payments risk management at SoFi Tech […]

AWS Says Banks Face a 24/7 Payments Balancing Act

October 05, 2026
Moving money faster has compressed the time banks have to answer a more complicated question: How should this particular payment move? A transaction can arrive through online or mobile banking,...

Banks’ Blockchain Bet Comes Down to Moving the Money

October 01, 2026
Wall Street’s embrace of digital assets has reached the point where saying a bank is “doing blockchain” reveals almost nothing about what it can actually do on-chain. One bank may...

Banks Rethink Identity Checks as AI Fakes Voices and Faces

September 30, 2026
The next generation of payment fraud doesn’t seem very suspicious. In fact, it already sounds like a familiar customer, types at a perfectly ordinary pace and navigates a banking application...

Quick Reads
Chase Adds Payroll to Larger Business Banking Offering

October 07, 2026
Chase is expanding its payroll service to help business clients dealing with cash flow pressures. The new offering, announced Wednesday (Oct. 7), brings Chase Payroll alongside the banking and payment activities business customers already manage through the lender. “Small business owners are constantly balancing employees, customers, expenses and cash flow,” Stevie Baron, CEO of Chase […]

Fed’s Bowman Decries ‘Antiquated’ Analysis Blocking Rural Bank Mergers

October 06, 2026
There is more work to be done in modernizing the bank regulatory and supervision framework, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (Oct. 6). In a speech delivered at the Community Banking...

Wells Fargo Mobile App Can Personalize Debit Card With Photo

October 06, 2026
Wells Fargo says customers can now personalize debit cards within its mobile banking app. The Mobile Card Design Studio lets customers upload personal photos from their phone to create personalized...

Rain Seeks OCC’s Approval to Create National Trust Bank

October 06, 2026
Rain is the latest digital asset company seeking to launch a national trust bank. The stablecoin payments infrastructure company announced Monday (Oct. 5) that it has applied to the Office...