Marc Hochstein was the editor-in-chief of American Banker from July 2014 to September 2017. He joined the publication in 1998 as a reporter covering mortgages and steadily added responsibility over the years. At one time or another he oversaw American Banker's coverage of consumer finance, payments and community banking; the vibrant opinion blog BankThink; the wildly popular Morning Scan newsletter; and the reinvigoration of SourceMedia's mortgage publications. Marc was responsible for some of the earliest serious coverage of bitcoin anywhere and chaired SourceMedia's successful Blockchains + Digital Currencies conferences from 2014-2017.
-
The laws that force banks to know their customers are good at catching petty criminals and “wannabe” terrorists, but can’t thwart sophisticated bad actors, argues whistleblower Edward Snowden.
May 15 -
Stellar, which started as a splinter group from Ripple, has formed a for-profit company called Lightyear.io to help financial institutions integrate its software.
May 11 -
Cambridge Blockchain, a startup that bills its technology as a solution for banks to the competing regulatory imperatives of transparency and privacy, has raised $2 million through a convertible note.
February 1 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader responses to AmericanBanker.com articles, social media, and from around the web.
January 12 -
For years, there's been a lot of talk about personal information as an unalloyed asset. But by now it should be clear that the more information a company has about its customers, the bigger a target it is for hackers.
January 5 -
Pretty rare, it turns out: Less than a third of executives surveyed by SourceMedia Research said their institutions set formal cross-selling targets for staff. And of those with cross-sale incentive programs, nearly half are reconsidering.
December 14 -
When the San Bernardino shooter obtained a loan online, he reportedly used his real name, which wasn't on the government's sanctions-screening list, underscoring the limitations of identity verification technology.
October 25 -
The Wells Fargo scandal is an example of what happens when a system requires you to effectively hand over the keys to your identity to strangers as if you were giving them your car keys. Moreover, it is a call to banks to restore trust and become leaders in fixing the ID problem once and for all.
October 20 -
HSBC has hired Anthony Glover, a veteran of JPMorgan Chase and American Express, to be its head of retail banking in the U.S., a newly created position.
August 15 -
Digital Identity Security Co., a startup, is building an encrypted messaging and identity management platform for the Commonwealth governments. The system would use distributed ledger technology, similar to bitcoin's blockchain.
May 2