Financial institutions news from around the web: March 24 – 28, 2025

What does the finance bank of the future look like? 

Customers still want branches, but not in the way they used to. Here are five trends driving in-person financial services. 

Trump calls on federal gov’t to banish paper checks 

The White House issued an executive order calling on the federal government to cease using paper checks by September, except in certain circumstances. 

FDIC ‘plans to eradicate’ focus on reputational risk 

Two bank regulators and the head of the Senate Banking Committee have called to put an end to a regulatory focus on reputational risk this month. 

Banks' spot crypto holdings continue to collapse as firms move to ETPs 

Banks across the globe held a total of 341.5 billion euros ($368.3 billion) in crypto assets under custody in the second quarter of 2024 but spot crypto assets now make up less than 3% of banks' holdings — down significantly from a few years ago data shows.