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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American Banker reporter Neil Haggerty examines the political implications of CEO Tim Sloan's testimony to the House last week.
March 19 -
The companies could bring something new, such as merchant acquiring to community banks, but their merger could also cause anxiety about giant vendors.
March 18 -
The tech company has taken World Wire, its blockchain-based cross-border payments network, live in 72 countries.
March 18 -
Flourish, a fund backed by Pierre and Pam Omidyar, invests in startups that address social and financial inequities yet (key caveat) are still promising moneymakers, a top official of the fund explains.
March 13 -
Shari Van Cleave, head of digital labs at the bank, discusses customer-facing technology it's testing, including wearables and the so-called internet of things.
March 12 -
Apps that let people access their pay on demand have become wildly popular. Do they solve a problem, or are they Band-Aids?
March 11 -
In the startup sector, female founders consistently receive far less venture capital than male founders, but a program by Quesnay is looking to change that.
March 8 -
Karen Mills, who led the Small Business Administration from 2009 to 2013, is joining the Eastern Bank spinoff Numerated as an adviser and investor as it tries to bring online-lending technology to community banks.
March 6 -
The slow U.S. adoption of real-time payments hurts half of Americans who live paycheck to paycheck, says Aaron Klein, a fellow at the Brookings Institution.
March 5 -
Fincross, based on the island of Mauritius, is launching a regulated investment bank for digital assets. It faces tough competition.
March 4