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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Azlo, Bento, Bank Novo and other neobanks argue they are better at helping small businesses, giving them extra attention, technology and advice.
October 31 -
The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well.
October 29 -
The bank, one of the few that do business with digital currency exchanges like Coinbase, has developed methods for monitoring all customers’ digital currency purchases.
October 29 -
The idea of digitizing cashier's checks is likely to meet resistance, but the Swiss startup says at least two U.S. banks are already showing interest.
October 29 -
The Human Account, a survey of 11,500 people, is intended to inspire banks and governments to come up with better ways to help low-income people.
October 26 -
Consumer Financial Protection Agency Acting Director Mick Mulvaney is winding down some of the efforts his predecessor worked hardest on: enforcement of payday and fair lending rules and the Military Lending Act. Reporter Kate Berry shares the latest.
October 25 -
A new credit score that includes consumers' cash flow alongside their credit score is winning praise for its potential to help expand access to credit, but some worry it gives the credit bureaus even more data that could be compromised.
October 23 -
The challenger bank is “rebundling” banking, offering more pieces of traditional financial services for a flat monthly fee.
October 22 -
The bank will still use GoTo, an app consumers can use to communicate with a personal banker, but no longer own the Pivotus subsidiary that created it.
October 22 -
At Barclays' fintech accelerator, this year's class has fresh takes on personal financial management, recruiting and trade finance.
October 21
