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 time banks have to investigate red-flagged credit payments has shrunk from several days to a few hours and fraudsters have already taken notice.
December 29 -
The time banks have to investigate red-flagged credit payments has shrunk from several days to a few hours and fraudsters have already taken notice.
December 29 -
Banks have used biometrics for about a decade, but there are a number of hurdles that banks, device makers and customers need to overcome before passwords are history.
December 27 -
The decision to rewrite the regulation came two days after a hearing in which New York bankers unleashed a litany of complaints about the regulation to Empire State lawmakers.
December 22 -
BBVA Compass is replacing CEO Manolo Sanchez, who has led the charge for digital innovation at the bank during his eight years at the helm, with an executive from the Spanish parent company's Turkish franchise.
December 22 -
Female entrepreneurs who apply for loans online and are evaluated by an automated system get a bigger share of online credits than they do traditional in-person bank loans. It could be a sign that automated credit decisions are fairer.
December 20 - New York
Travelers passing through Grand Central Terminal at the height of the evening rush hour Thursday were met with the sound of beating drums and war whoops from several dozen Native Americans protesting the Dakota Access Pipeline. They had traveled all the way from the Dakotas, they said, to bring their case to the Big Apple.
December 16 -
It is time for financial services to rethink retirement savings given changing work habits, customers' expectations of technology and the need for better transparency in 401(k)s.
December 15 -
As online shopping and card fraud increase, startups offering easy-to-use “burner” cards could see strong traction.
December 13 -
As online shopping and card fraud increase, startups offering easy-to-use "burner" cards could see strong traction.
December 13