Bankeration
@bankeration.bsky.social
Banking news and insights for an evolving industry. Weekly five-minute Substack posts with snapshots/summaries of current events. Longer posts periodically (and not on a set schedule) taking a deeper look at hot topics.
One thread in the 2025 Wrap-Up kept coming back in reader conversations: #stablecoins.
This isn’t a call to issue tokens. It’s a closer look at stablecoins as a capability frontier, and what that framing changes for banks.
open.substack.com/pub/bankerat...
This isn’t a call to issue tokens. It’s a closer look at stablecoins as a capability frontier, and what that framing changes for banks.
open.substack.com/pub/bankerat...
Stablecoins and On-Chain Banking: A Capability Frontier, Not a Product Checklist
Looking past the hype to examine what stablecoins actually are today, what they might enable over time, and why watching banks like Erebor may be more instructive than chasing pilots.
open.substack.com
January 7, 2026 at 5:14 PM
One thread in the 2025 Wrap-Up kept coming back in reader conversations: #stablecoins.
This isn’t a call to issue tokens. It’s a closer look at stablecoins as a capability frontier, and what that framing changes for banks.
open.substack.com/pub/bankerat...
This isn’t a call to issue tokens. It’s a closer look at stablecoins as a capability frontier, and what that framing changes for banks.
open.substack.com/pub/bankerat...
Bankeration’s annual wrap-up is out. We take a look at the signals shaping banking as 2025 closes and 2026 begins, from megabanks and AI to M&A, bank branches, and security – all in a 12-minute read. open.substack.com/pub/bankerat... #banking #bankinginsights #AIinBanking #Stablecoins #Regulation
2025 Wrap-Up
The signals shaping banking as 2025 closes and 2026 begins, in a 12 minute read.
open.substack.com
January 5, 2026 at 6:26 PM
Bankeration’s annual wrap-up is out. We take a look at the signals shaping banking as 2025 closes and 2026 begins, from megabanks and AI to M&A, bank branches, and security – all in a 12-minute read. open.substack.com/pub/bankerat... #banking #bankinginsights #AIinBanking #Stablecoins #Regulation
The OCC greenlights crypto, @federalreserve.gov cuts (and buys), the Senate spars, @ustreasury.govmirrors.com wants to own AML, and Open Banking rulemaking is on the come — all in a five-minute read. open.substack.com/pub/bankerat... #BankingNews #FinanceNews #Debanking #CryptoNews
Banking News Roundup – 2025: Week 50
The OCC greenlights crypto, the Fed cuts (and buys), the Senate spars, Treasury wants to own AML, and Open Banking rulemaking is on the come — all in a five-minute read.
open.substack.com
December 15, 2025 at 6:41 PM
The OCC greenlights crypto, @federalreserve.gov cuts (and buys), the Senate spars, @ustreasury.govmirrors.com wants to own AML, and Open Banking rulemaking is on the come — all in a five-minute read. open.substack.com/pub/bankerat... #BankingNews #FinanceNews #Debanking #CryptoNews
Deregulation rolls forward, states push back, banks have a ransomware problem, global scams take a hit, TradFi leans into crypto, and Sony eyes stablecoins – all in a five-minute read. open.substack.com/pub/bankerat... #banking #bankingnews #financenews #stablecoins
Banking News Roundup – 2025: Week 49
Deregulation rolls forward, states push back, banks have a ransomware problem, global scams take a hit, TradFi leans into crypto, and Sony eyes stablecoins – all in a five-minute read.
open.substack.com
December 10, 2025 at 10:12 PM
Deregulation rolls forward, states push back, banks have a ransomware problem, global scams take a hit, TradFi leans into crypto, and Sony eyes stablecoins – all in a five-minute read. open.substack.com/pub/bankerat... #banking #bankingnews #financenews #stablecoins
The Fed narrows its focus; the CFPB gets humble; deposit insurance reform takes a hit; SWIFT’s ISO 20022’s cutover arrives; crypto plunges but stablecoins hang tough – all in a five minute read. open.substack.com/pub/bankerat... #banking #bankingnews #financenews #stablecoins
Banking News Roundup – 2025: Week 47
The Fed narrows its focus; the CFPB gets humble; deposit insurance reform takes a hit; SWIFT’s ISO 20022’s cutover arrives; crypto plunges but stablecoins hang tough – all in a five minute read.
open.substack.com
November 24, 2025 at 4:22 PM
The Fed narrows its focus; the CFPB gets humble; deposit insurance reform takes a hit; SWIFT’s ISO 20022’s cutover arrives; crypto plunges but stablecoins hang tough – all in a five minute read. open.substack.com/pub/bankerat... #banking #bankingnews #financenews #stablecoins
Washington springs back to life and dives back into #crypto battles; Colorado rocks fintech lending; and Visa/Mastercard move toward a world where not every card is welcome — all in five minutes. open.substack.com/pub/bankerat... #bankingnews #FinanceNews #stablecoins
Banking News Roundup – 2025: Week 46
Washington springs back to life and dives back into crypto battles; Colorado rocks fintech lending; and Visa/Mastercard move toward a world where not every card is welcome — all in five minutes.
open.substack.com
November 17, 2025 at 4:37 PM
Washington springs back to life and dives back into #crypto battles; Colorado rocks fintech lending; and Visa/Mastercard move toward a world where not every card is welcome — all in five minutes. open.substack.com/pub/bankerat... #bankingnews #FinanceNews #stablecoins
This week: Washington wrangles over crypto charters, private credit takes heat, AI’s promises and risks, and the Fed flags leverage and policy risk – all in five minutes. open.substack.com/pub/bankerat... #banking #bankingnews #financenews
Banking News Roundup – 2025: Week 45
Washington wrangles over crypto charters, private credit takes heat, AI’s promises and risks, and the Fed flags leverage and policy risk – all in five minutes.
open.substack.com
November 10, 2025 at 4:05 PM
This week: Washington wrangles over crypto charters, private credit takes heat, AI’s promises and risks, and the Fed flags leverage and policy risk – all in five minutes. open.substack.com/pub/bankerat... #banking #bankingnews #financenews
Rates fall, QT nears its end, the shutdown bites, skinny Fed master accounts get a fat response, TradFi and crypto draw closer, and deals abound – all in a five minute read. open.substack.com/pub/bankerat... #banking #bankingnews #financenew
Banking News Roundup – 2025: Week 44
Rates fall, QT nears its end, the shutdown bites, skinny Fed master accounts get a fat response, TradFi and crypto draw closer, and deals abound – all in five minutes.
open.substack.com
November 3, 2025 at 9:03 PM
Rates fall, QT nears its end, the shutdown bites, skinny Fed master accounts get a fat response, TradFi and crypto draw closer, and deals abound – all in a five minute read. open.substack.com/pub/bankerat... #banking #bankingnews #financenew
Bank dealmaking is heating up — and we may have new players in assisted transactions.
The FDIC plans to let PE and other nonbanks bid for failed institutions, a major shift that could reshape how future crises are resolved.
bankeration.substack.com/i/176604169/... #banking #PrivateEquity
The FDIC plans to let PE and other nonbanks bid for failed institutions, a major shift that could reshape how future crises are resolved.
bankeration.substack.com/i/176604169/... #banking #PrivateEquity
Banking News Roundup – 2025: Week 42
The age of Erebor is arriving, regional bank stocks get battered, earnings turn up roses, PE gets to bid on failed banks, deposit insurance reform gets pushback.
bankeration.substack.com
October 22, 2025 at 2:29 PM
Bank dealmaking is heating up — and we may have new players in assisted transactions.
The FDIC plans to let PE and other nonbanks bid for failed institutions, a major shift that could reshape how future crises are resolved.
bankeration.substack.com/i/176604169/... #banking #PrivateEquity
The FDIC plans to let PE and other nonbanks bid for failed institutions, a major shift that could reshape how future crises are resolved.
bankeration.substack.com/i/176604169/... #banking #PrivateEquity
This week: The age of Erebor is arriving, regional bank stocks get battered, earnings turn up roses, PE gets to bid on failed banks, deposit insurance reform gets pushback – all in a 5 minute read. open.substack.com/pub/bankerat...
#banking #bankingnews #FinanceNews #stablecoins
#banking #bankingnews #FinanceNews #stablecoins
Banking News Roundup – 2025: Week 42
The age of Erebor is arriving, regional bank stocks get battered, earnings turn up roses, PE gets to bid on failed banks, deposit insurance reform gets pushback.
open.substack.com
October 20, 2025 at 2:34 PM
This week: The age of Erebor is arriving, regional bank stocks get battered, earnings turn up roses, PE gets to bid on failed banks, deposit insurance reform gets pushback – all in a 5 minute read. open.substack.com/pub/bankerat...
#banking #bankingnews #FinanceNews #stablecoins
#banking #bankingnews #FinanceNews #stablecoins
Crypto still isn’t a community bank thing.
According to the 2025 @CSBSNews survey, 68% say client crypto needs don’t matter—and 92% have no plans to offer crypto services anytime soon. www.csbs.org/survey
According to the 2025 @CSBSNews survey, 68% say client crypto needs don’t matter—and 92% have no plans to offer crypto services anytime soon. www.csbs.org/survey
Annual Survey of Community Banks
The CSBS Annual Survey of Community Banks is a look at community banker sentiment about the economy, compliance costs, inflation, technology and more.
www.csbs.org
October 17, 2025 at 10:03 PM
Crypto still isn’t a community bank thing.
According to the 2025 @CSBSNews survey, 68% say client crypto needs don’t matter—and 92% have no plans to offer crypto services anytime soon. www.csbs.org/survey
According to the 2025 @CSBSNews survey, 68% say client crypto needs don’t matter—and 92% have no plans to offer crypto services anytime soon. www.csbs.org/survey
The IMF is warning that the $250B+ synthetic risk transfer market is growing faster than regulators can see it. Blind pools, circular funding, and thin disclosures are making risk harder to track just as Europe moves to expand the market. www.bloomberg.com/news/article...
Market for Synthetic Risk Transfers Is Riddled With Gaps in Disclosure, IMF Officials Say
Regulators need to step up the oversight of banks’ use of synthetic risk transfers which may make the financial system more fragile, according to a paper released by a group of International Monetary ...
www.bloomberg.com
October 17, 2025 at 10:02 PM
The IMF is warning that the $250B+ synthetic risk transfer market is growing faster than regulators can see it. Blind pools, circular funding, and thin disclosures are making risk harder to track just as Europe moves to expand the market. www.bloomberg.com/news/article...
This week’s newsletter covers deregulation, a new FDIC insurance proposal, CDFI headwinds, $1T in potential deposit flight, and fresh Fed research on jobs — all in five minutes.
📨 Read it here: open.substack.com/pub/bankerat...
📨 Read it here: open.substack.com/pub/bankerat...
Banking News Roundup – 2025: Week 41
Deregulation picks up speed, deposit insurance reform gets a reboot, bad news for CDFIs, analysts warn of $1 trillion in deposit flight, and research says it pays to point the finger at a fraudster.
open.substack.com
October 15, 2025 at 2:05 PM
This week’s newsletter covers deregulation, a new FDIC insurance proposal, CDFI headwinds, $1T in potential deposit flight, and fresh Fed research on jobs — all in five minutes.
📨 Read it here: open.substack.com/pub/bankerat...
📨 Read it here: open.substack.com/pub/bankerat...
A penny shortage is causing chaos for banks and retailers as the Fed halts distribution at 41 coin terminals. With production already stopped, lenders and merchants are scrambling for change — literally. www.americanbanker.com/news/penny-s...
Penny shortage causes 'chaos' for banks and retailers
Supplies of the one-cent coin have fallen faster than expected, causing headaches for cash businesses and the lenders that provide them with change.
www.americanbanker.com
October 14, 2025 at 5:53 PM
A penny shortage is causing chaos for banks and retailers as the Fed halts distribution at 41 coin terminals. With production already stopped, lenders and merchants are scrambling for change — literally. www.americanbanker.com/news/penny-s...
Deregulation’s on the move, deposit insurance reform gets a reboot, CDFIs get bad news, analysts forecast $1 trillion in deposit flight, and @notredame.bsky.social Professor Vamsi Kanuri says it pays point the finger at a fraudster. open.substack.com/pub/bankerat... #banking #Regulation
October 13, 2025 at 3:21 PM
Deregulation’s on the move, deposit insurance reform gets a reboot, CDFIs get bad news, analysts forecast $1 trillion in deposit flight, and @notredame.bsky.social Professor Vamsi Kanuri says it pays point the finger at a fraudster. open.substack.com/pub/bankerat... #banking #Regulation
Maspeth Federal’s new tech center sits in a retail storefront. Why? Visibility builds trust. Personally, I'm a fan of incumbents who lean into their strengths as they navigate an evolving industry. Read Bankeration’s Practical: bankeration.substack.com/p/maspeth-fe...
#banking #CX #strategy
#banking #CX #strategy
Maspeth Federal's Bold Move: Staying Relevant by Making Technology Visible
A case study in playing to your strengths in a changing world.
bankeration.substack.com
October 12, 2025 at 6:13 PM
Maspeth Federal’s new tech center sits in a retail storefront. Why? Visibility builds trust. Personally, I'm a fan of incumbents who lean into their strengths as they navigate an evolving industry. Read Bankeration’s Practical: bankeration.substack.com/p/maspeth-fe...
#banking #CX #strategy
#banking #CX #strategy
Cloudflare launched ‘Net Dollar,’ a tokenized payment model for the AI-driven internet. Your online security vendor may now be competing with you for deposits. Might be time to update those third-party vendor risk questionnaires!
www.cloudflare.com/press/press-... #Banking #Stablecoins
www.cloudflare.com/press/press-... #Banking #Stablecoins
Cloudflare Introduces NET Dollar to Support a New Business Model for the AI-Driven Internet | Cloudflare
Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced plans to introduce NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions f...
www.cloudflare.com
October 9, 2025 at 3:27 PM
Cloudflare launched ‘Net Dollar,’ a tokenized payment model for the AI-driven internet. Your online security vendor may now be competing with you for deposits. Might be time to update those third-party vendor risk questionnaires!
www.cloudflare.com/press/press-... #Banking #Stablecoins
www.cloudflare.com/press/press-... #Banking #Stablecoins
From rate swings to reserve drains, Week 40 was full of signals.
Catch the concise breakdown:
📉 Treasury rates down
🏦 Reserves sub-$3T
⚡ Cyber law push
Read Bankeration’s Week 40 Roundup → open.substack.com/pub/bankerat...
#banking #financenews
Catch the concise breakdown:
📉 Treasury rates down
🏦 Reserves sub-$3T
⚡ Cyber law push
Read Bankeration’s Week 40 Roundup → open.substack.com/pub/bankerat...
#banking #financenews
Banking News Roundup – 2025: Week 40
The U.S. government shuts down, Treasury rates drop, mortgage rates rise, bank reserves go sub- $3 trillion, Hill is in, Harris is out, and the industry pushes for cybersecurity legislation.
open.substack.com
October 8, 2025 at 4:51 PM
From rate swings to reserve drains, Week 40 was full of signals.
Catch the concise breakdown:
📉 Treasury rates down
🏦 Reserves sub-$3T
⚡ Cyber law push
Read Bankeration’s Week 40 Roundup → open.substack.com/pub/bankerat...
#banking #financenews
Catch the concise breakdown:
📉 Treasury rates down
🏦 Reserves sub-$3T
⚡ Cyber law push
Read Bankeration’s Week 40 Roundup → open.substack.com/pub/bankerat...
#banking #financenews
FDIC is preparing to join the Trump admin’s ‘debanking’ crackdown, per Bloomberg. Expect more reporting demands for large banks and possibly new rules. #banking #regulation #debanking
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
FDIC Set to Jump Into Trump’s Debanking Fight With New Plan
US regulators are set to unveil a plan next week targeting how officials scrutinize banks’ risk, after President Donald Trump moved to rein in what he sees as the closing of customer accounts for poli...
www.bloomberg.com
October 7, 2025 at 2:26 PM
FDIC is preparing to join the Trump admin’s ‘debanking’ crackdown, per Bloomberg. Expect more reporting demands for large banks and possibly new rules. #banking #regulation #debanking
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
The U.S. government shuts down, Treasury rates drop, mortgage rates rise, bank reserves go sub- $3 trillion, Hill is in, Harris is out, and a push for cybersecurity legislation. open.substack.com/pub/bankerat... #banking #financenews #bankinginsights #Regulation #CyberSecurity #Regulation
Banking News Roundup – 2025: Week 40
The U.S. government shuts down, Treasury rates drop, mortgage rates rise, bank reserves go sub- $3 trillion, Hill is in, Harris is out, and the industry pushes for cybersecurity legislation.
open.substack.com
October 6, 2025 at 2:59 PM
The U.S. government shuts down, Treasury rates drop, mortgage rates rise, bank reserves go sub- $3 trillion, Hill is in, Harris is out, and a push for cybersecurity legislation. open.substack.com/pub/bankerat... #banking #financenews #bankinginsights #Regulation #CyberSecurity #Regulation
@wsj.com reports that U.S. regulators are combing through years of account closure data, searching for “de-banking” incidents.
The political heat is real. The supervisory approach is still being defined. Banks may in for a challenge. #debanking www.wsj.com/finance/regu...
The political heat is real. The supervisory approach is still being defined. Banks may in for a challenge. #debanking www.wsj.com/finance/regu...
Exclusive | Banks Ordered to Dig Through Account Closures to Find ‘Debanking’ Cases
Regulators demand information going back years as part of President Trump’s crackdown on alleged political or religious discrimination.
www.wsj.com
October 3, 2025 at 5:24 PM
@wsj.com reports that U.S. regulators are combing through years of account closure data, searching for “de-banking” incidents.
The political heat is real. The supervisory approach is still being defined. Banks may in for a challenge. #debanking www.wsj.com/finance/regu...
The political heat is real. The supervisory approach is still being defined. Banks may in for a challenge. #debanking www.wsj.com/finance/regu...
De-banking isn’t just a political headline—it’s an org chart problem. In my latest Practical, I explain why governance structures matter as much as ideology, and how legal’s shrinking role inside banks leaves blind spots.
Read: De-banking and the Org Chart open.substack.com/pub/bankerat...
Read: De-banking and the Org Chart open.substack.com/pub/bankerat...
De-banking and the Org Chart
Senator Bernie Moreno called banks cowards for letting regulators push them around. Davis Polk's Meg Tahyar warned us years ago that we were setting the stage for exactly this outcome.
open.substack.com
October 2, 2025 at 4:11 PM
De-banking isn’t just a political headline—it’s an org chart problem. In my latest Practical, I explain why governance structures matter as much as ideology, and how legal’s shrinking role inside banks leaves blind spots.
Read: De-banking and the Org Chart open.substack.com/pub/bankerat...
Read: De-banking and the Org Chart open.substack.com/pub/bankerat...
DAOs are leaving Discord and moving into Wyoming corporate law.
In my latest Closer Look, I unpack why Uniswap chose the Cowboy State—and what it says about the evolution of decentralized governance.
Read: Making Sense of DAOs open.substack.com/pub/bankerat...
In my latest Closer Look, I unpack why Uniswap chose the Cowboy State—and what it says about the evolution of decentralized governance.
Read: Making Sense of DAOs open.substack.com/pub/bankerat...
Making Sense of DAOs: Why Uniswap Is Going to Wyoming
The largest Decentralized Autonomous Organization (DAO) heads to the Cowboy State. Others may follow.
open.substack.com
October 1, 2025 at 6:04 PM
DAOs are leaving Discord and moving into Wyoming corporate law.
In my latest Closer Look, I unpack why Uniswap chose the Cowboy State—and what it says about the evolution of decentralized governance.
Read: Making Sense of DAOs open.substack.com/pub/bankerat...
In my latest Closer Look, I unpack why Uniswap chose the Cowboy State—and what it says about the evolution of decentralized governance.
Read: Making Sense of DAOs open.substack.com/pub/bankerat...
Kraken’s new survey shows 80% of U.S. crypto users would pay higher fees for an exchange they trust. Only 16% put cost first. Imagine if clients valued banks the same way—we’d all like those results. A partial answer: better positioning and storytelling.
decrypt.co/341343/crypt...
decrypt.co/341343/crypt...
Crypto Users Care More About Trust than Lower Fees: Kraken Survey - Decrypt
A recent survey conducted by crypto exchange Kraken found that Americans are placing a premium on trust, as opposed to lower trading fees.
decrypt.co
September 30, 2025 at 4:31 PM
Kraken’s new survey shows 80% of U.S. crypto users would pay higher fees for an exchange they trust. Only 16% put cost first. Imagine if clients valued banks the same way—we’d all like those results. A partial answer: better positioning and storytelling.
decrypt.co/341343/crypt...
decrypt.co/341343/crypt...
Cook goes to SCOTUS, CDFIs get hope, Banks get #debanking inquiries, CRE gets lower rates, the SBA gets flack for its new citizenship requirements, and a lot of #mergers get announced – in a 5 minute read. open.substack.com/pub/bankerat...
#banking #bankingnews #financenews #stablecoins #mergers
#banking #bankingnews #financenews #stablecoins #mergers
Banking News Roundup – 2025: Week 38
This week: Cook goes to SCOTUS, CDFIs get hope, Banks get debanking inquiries, CRE gets lower rates, the SBA gets flack for its new citizenship requirements, and a lot of bank mergers get announced.
open.substack.com
September 29, 2025 at 4:49 PM
Cook goes to SCOTUS, CDFIs get hope, Banks get #debanking inquiries, CRE gets lower rates, the SBA gets flack for its new citizenship requirements, and a lot of #mergers get announced – in a 5 minute read. open.substack.com/pub/bankerat...
#banking #bankingnews #financenews #stablecoins #mergers
#banking #bankingnews #financenews #stablecoins #mergers