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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An declared end to screen scraping, a major hack of a cryptocurrency exchange and banks' plans for bitcoin trading led coverage last year.
January 2 -
Federal agencies' complaints against FTX's leaders have led to scrutiny of the banks it worked with. While it's unlikely the bankers will be held accountable for the cryptocurrency exchange's wrongdoing, the case could make it more difficult any bank that wants to work with crypto-related businesses.
December 28 -
U.S. Bank and KeyBank were among those that made significant advances in their use of cloud computing during the past year.
December 21 - It's likely that laws and regulation will be enacted in 2023 that will rein in cryptocurrency-related companies and banks' involvement with such companies. Georgia Quinn, general counsel, and Rachel Anderika, chief risk officer at Anchorage Digital, share the rules they think should apply.Sponsored by IntraFi
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The former chief innovation officer at Quontic Bank and American Banker's 2020 Digital Banker of the Year is offering seminars, a bank-fintech matchmaking platform and a fintech investment fund.
December 16 -
Regulators are chastising banks for compliance lapses among their fintech partners. But some say the software companies that connect them share some responsibility.
December 13 -
The bank will apply the company's AI first to its risk models, an HR avatar and a metaverse presence.
December 7 -
It's only been two months since the Biden administration posted its blueprint for an AI Bill of Rights, but government agencies are starting to apply it in areas of financial services where discrimination is a concern, according to speakers at a Brookings Institution event.
December 6 - The founder and CEO of the fintech Tomo Credit says the popular form of credit helps consumers perpetuate bad habits.Sponsored by IntraFi
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Some respected financial industry participants had connections with the cryptocurrency exchange and are coping with the fallout alongside thousands of investors and backers.
November 30