= Subscriber content; or subscribe now to access all American Banker content.

Penny Crosman

Editor in Chief

Penny Crosman is Editor in Chief of Bank Technology News and Technology Editor of American Banker. She has had senior editorial roles at Bank Systems & Technology, Wall Street & Technology, Intelligent Enterprise and Network Magazine, among other titles.

Recent Stories from This Author

An Obscure Data Standard that Could Have Stopped the London Whale
May 24, 2016 Former regulators, data scientists and academics have come up with a way to turn financial contracts of almost all types into...

How Tech Helped CIBC Make Corporate Fees Transparent
May 20, 2016 Canadian Imperial Bank of Commerce has deployed technology that brings transparency and discipline to an area that for many...

The 'To-Die-For Customer Experience' Starts with Tech
May 17, 2016 Technology leader BBVA Compass has been ahead of the pack in real-time payments, neobanking and fintech investing. Manolo...

How Swift and Its Banks Can Tighten Up Cyber Defenses
May 13, 2016 The rub is that the global messaging system's security is only as strong as the weakest link.

Is Western Union Ready for the Fintech Threat?
May 12, 2016 The payment giant's technology chief says he has an eye on bitcoin, the blockchain and the fintech competitors that have...

Privacy Is the European Trend to Worry About
May 10, 2016 U.S. banks are under pressure to do more with their data to understand their customers' needs and make the best offer. But the...

The Real Threat Anonymous Poses to Banks
May 6, 2016 Many bank security people will undoubtedly shrug off Anonymous' claim that it's trying to bring down banks all over the world....

Hacker Group Draws Bull's-Eye on 'Every Major Banking System'
May 5, 2016 The hacktivist group Anonymous, which brought down the Greek central bank's website through a distributed denial of service...

Survival Tips for Fintech Startups as the Herd Thins
May 3, 2016 Entrepreneurs and other financial-technology experts give some common-sense advice including: watch your pennies, live in the...

The $81M International Cyberheist — What Happened, How and What It Means
April 28, 2016 New details unearthed about how cybercriminals stole $81 million out of a Bangladesh Bank account at the Federal Reserve Bank...

Where Banks Are Most Vulnerable to Cyberattacks Now
April 26, 2016 Nearly half of bank data security incidents in 2015 involved compromised web applications, according to a closely watched...

Fintechs' Goals Are Changing, VCs' Appetite Is Not
April 21, 2016 Capital continues to flow freely into financial technology ventures, many of which are repositioning themselves as aspiring...

Why GozNym Is Worse for Banks than the Average Malware
April 19, 2016 A closer look at a strangely named piece of malicious software shows it makes crafty use of drive-by downloads and Web...

What Banks Can Learn from the FDIC Data Breach
April 14, 2016 The inadvertent downloading of thousands of consumer records to a thumb drive at the FDIC could happen anywhere. Here's a look...

What a Tech Startup's Pivots Say About Bitcoin's Future
April 12, 2016 The evolution of the bitcoin tech startup Snapcard provides clues to what's working, what's not in U.S. bitcoin adoption.

'If a Bank Did That, We'd Be Taken to the Woodshed'
April 7, 2016 Richard Hunt, the president and CEO of the Consumer Bankers Association, weighs in on recent moves by regulators to scrutinize...

Agile Development Is Reshaping Tech at Banks Like Chase and BBVA
April 5, 2016 Agile development, a method of writing software in small chunks with lots of user feedback, is a growing trend in banks....

How to Become Unphishable
March 31, 2016 Despite email filters and training programs, bank customers still click on fake emails and malicious links at an alarming...

Can an App Help People Weather a Financial Storm?
March 30, 2016 More than half of all U.S. households have suffered a "financial shock" in the past five years. Some say mobile apps could...

The Case for Knowledge-Based Authentication
March 24, 2016 Asking for static information like a mother's maiden name seems increasingly passé, since shared "secrets" can be stolen or...

'There Is No One Blockchain to Rule Them All'
Don Tapscott and Alex Tapscott, authors of "Blockchain Revolution," discuss the implications for banks of distributed ledger technology, the pros and cons of private blockchains compared to open networks, how DAOs might eliminate moral hazard, and more.
ALL PODCASTS »