Bank news: Name changes, banking deserts, De Novo's, M&A, AI agents, and more!

Lots of news in the banking world these days. This episode covers stories about bank M&A, 1071 update, new AI tools, De Novo’s, and more. Wells Fargo is delving deeper into trading activities after their asset cap penalty was removed. Lending Club is changing its name to Happen Bank. Sezzle, a buy now, pay later provider, is looking to create a ‘super app.’ Mission Lane applies to become a credit card bank. Oregon has created a new law seeking to increase De Novo’s in the state. Fintech firm OppFi is set to buy Arizona Bank. Mercury receives conditional OCC bank charter. Indiana credit union is buying an Ohio bank. Citi creates an AI-powered advisor for wealth clients called Citi Sky. Customers Bank is deepening ties with OpenAI to create faster commercial lending. Banner Bank to purchase Pacific Financial for $177M. Fintechs are pushing a new law that would give them access to federal payment rails that include FedACH and FedNow. CFPB slims down 1071 rule in major win for community banks. This episode reviewed multiple articles from Banking Dive and The Wall Street Journal.