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.
-
Jon Stein plans to make Betterment's robo-adviser as personalized and intelligent as the online retailer's recommendation engine.
December 18 -
A Russian cybersecurity software company reported last week that a new group of cybercriminals had stolen $10 million from 16 community banks. But there's no hard evidence that actually happened.
December 18 -
Banks are looking at using the powerful number-crunching technology to make risk calculations, analyze portfolios and protect their systems against sophisticated cyberattacks.
December 14 -
Covault has begun offering a digital identification and virtual safe deposit box service to banks and others. Similar efforts have failed before, but its backers say mobile apps and the cloud have made the service more practical.
December 13 -
Can preferential loan terms encourage environmentally friendly practices among corporate borrowers? Barclays, BNP Paribas, and Standard Chartered are working with fintechs — and even Prince Charles — to develop a blockchain to answer that question.
December 11 -
In a rare show of public support for a security technology, the banks are leading a $40 million funding round for Menlo Security, provider of browser technology that keeps malware at bay — and they’re using it, too.
December 11 -
What’s in the Senate plan to scale back the Dodd-Frank Act and if it goes through, how will it impact bankers? American Banker reporter Ian McKendry reports on the potentially landmark legislation.
December 11 -
Jon Zanoff, managing director of Barclays New York Accelerator, has been coaching fintech startups for decades. He offers tips on how to make it as a fintech startup and run an effective accelerator.
December 7 -
Bank of America is launching several upgrades to its mobile app meant to make the product more fun and essential to customers' daily lives. It is also expanding digital-only branches through which customers communicate with staff by video.
December 7 -
An ex-regulator’s stern warning about the risks of sharing consumer information with fintechs has prompted debate over common security standards for banks and nonbanks, better data tracking and new liability insurance products.
December 5
