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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The former state banking superintendent weighs in on some of the toughest questions bank regulators are grappling with and the lawsuit (still ongoing) that she filed against the OCC.
July 29 -
OFX is used by 7,000 banks while FDX is used by 2 million consumers. The two standards are converging.
July 26 -
The Alabama bank, which is spending hundreds of millions on technology, says the ability to make faster credit decisions is one reason digital metrics such as checking account openings are soaring.
July 25 -
A study by FinRegLab of six nonbank lenders' use of cash-flow data in underwriting decisions finds this type of "alternative data" helps predict loan performance.
July 25 -
The former head of the Small Business Administration and current Harvard professor says data sharing can be transformational for banks.
July 23 -
Kindur and Finhabits are trying to create retirement plans for people who lack them. Are banks missing an opportunity?
July 22 -
It's one of the first wealth management firms to share documents with clients through Box.
July 22 -
The challenger bank startup will use the new cash to double its U.S. headcount.
July 18 -
It's created a new digital assets and distributed ledger group, trades bitcoin futures and is funding a crypto exchange.
July 17 -
A new project backed by the government of Luxembourg could ultimately be influential in the U.S., where banks have been slow to develop a shared platform for digital identities.
July 16
