Penny Crosman is Executive Editor, Technology at American Banker and its publisher, Arizent. Prior to taking on this role, she was Editor in Chief of Bank Technology News. She has held senior editorial roles at Bank Systems & Technology, Wall Street & Technology, Intelligent Enterprise, Network Magazine and Imaging Magazine.
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Banks use anti-money-laundering and fraud systems to try to catch scams that prey on senior citizens. A few, including Wells Fargo, are working on artificial intelligence that could spot them even earlier.
January 30 -
The Consumer Financial Protection Bureau won't require payday lenders to assess borrowers’ ability to repay. American Banker reporter Kate Berry explains why.
January 29 -
The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.
January 25 -
Small businesses short on cash can use advances from Fundbox to buy products from online suppliers.
January 25 -
The company protects digital assets with hardware-based security, biometrics and quorums. Hedge funds are already signing on.
January 23 -
Data scientists from NASA, Google and hundreds of other places are working for financial firms in their spare time. Is this a good idea?
January 22 -
Brian Knight at George Mason University says fintechs will be held accountable for legal violations in sandboxes — and banks can use sandboxes, too.
January 22 -
The online student lender said it is reallocating some jobs and "sunsetting" others.
January 16 -
The large core banking software vendors are already criticized as large and slow-moving. Consolidations like these are only likely to make them more so.
January 16 -
The large core banking software vendors are already criticized as large and slow-moving. Consolidations like these are only likely to make them more so.
January 16
