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 largest U.S. bank will share data through application programming interfaces with a sometimes-controversial data aggregator.
December 5 -
A 15-hour shutdown of online banking, mobile banking, ATMs and wire transfers was caused by a single data storage unit. BB&T's lawsuit blames the vendor, but the bank may have left itself too exposed to equipment failure.
December 4 -
Former T. Rowe Price portfolio manager Henry Ellenbogen is making Rapyd his first bet.
December 3 -
In marketing themselves to small companies, challenger banks are offering cool gadgets and a sympathetic ear about the hassles of being bank customers.
December 2 -
In marketing themselves to small companies, challenger banks are offering cool gadgets and a sympathetic ear about the hassles of being bank customers.
December 2 -
Stephen Ranzini, CEO of University Bank, says The Clearing House's RTP and Early Warning's Zelle handle enrollment, encryption and authentication insecurely.
December 1 -
The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing.
November 25 -
The payments company has loaned $5.5 billion to 275,000 small businesses, thanks to a data-driven process free from human interaction.
November 22 -
Yet that figure is relatively low compared with other digital assets such as bitcoin, according to the fintech Elliptic.
November 20 -
Employees at first feared the process might eventually lead to the elimination of their jobs. Ultimately, however, the bots let employees focus on more important tasks, the bank says.
November 20
