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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Banks — especially smaller ones — are being told to brace themselves for a wave of ATM raids by cybercrooks. Industry officials are uncertain what information the red alert is based on, but experts say swift, sophisticated thefts are very doable.
August 15 -
It bothered Jeannie Tarkenton, founder of Funding University, that too many kids from lower-income families didn't graduate because they lacked just a few thousand dollars and couldn't get a loan.
August 13 -
Bci Miami is one of the first banks in the U.S. to publicly acknowledge using AI this way, when many still consider the technology to be new, risky and unsanctioned by regulators.
August 9 -
The online lender’s president, Steve Allocca, shares how the company weathered scandal and hints at future plans to grow its product set.
August 9 -
A $52 million-asset African-American-owned bank in South Carolina is hoping its efforts can be expanded to help underbanked consumers nationwide.
August 6 -
Chief Design Officer Meriah Garrett provides a look at the bank's efforts to make mobile app and website design more user-friendly.
August 2 -
The company’s first COO, Vishwas Prabhakara, is hoping to help the automated savings app startup build scale.
August 2 -
The nomination of Kathy Kraninger as CFPB director has sparked fights in Congress. Meanwhile, the agency has taken several notable enforcement actions. American Banker reporter Kate Berry explains what these developments mean for the CFPB’s future.
August 2 -
Banks that have decided to use Hyperledger Fabric now have a place to find apps that run on it — apps that someone else has tested. The store, LedgerConnect, is also meant to give vendors a way to distribute their wares to banks.
July 30 -
The person-to-person network also saw $28 billion in payments in the quarter and it added more bank members.
July 26