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 bank is using Google Assistant technology to power its virtual assistant, Fargo, according to Michelle Moore, head of digital at Wells.
October 24 -
The challenger bank is taking an ever more do-it-yourself approach to technology and trying out customers' interest in buying cryptocurrency. It plans to offer a combined debit and credit product soon.
October 20 -
Sixteen bank members of the Alloy Labs Alliance have come up with a set of rules for banking as a service, and who is responsible for what.
October 19 -
Anchorage Digital Bank and the Provenance Blockchain Foundation have partnered to let banks take a stake in the Provenance blockchain, run nodes of it and receive fees and peace of mind in return.
October 13 -
22nd State Bank in Alabama is working with Quantalytix to track performance of all business units and loan officers in one place and make smarter decisions about how and where to compete.
October 11 -
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The Biden administration is setting the tone for new rules governing businesses' use of artificial intelligence, including in lending. Some call it a "toothless tiger," while others worry that it goes too far.
October 5 -
Customers Bank, Cogent Bank and Western Alliance bank settled 400 transactions among themselves in real time, over the course of eight hours.
October 3 -
The Consumer Financial Protection Bureau has accused the challenger bank, which charges customers a monthly membership fee, of violating the Military Lending Act and other consumer protection laws. MoneyLion says the allegations are baseless, but some analysts said the consumer bureau appears to have strong claims.
September 30
