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.
- The acquisition of the small-business lending marketplace Boefly and partnerships with the loan software company nCino and the construction lending fintech Built are among the efforts helping the New Jersey bank compete with fintechs that have gotten good at serving niche markets, says Frank Sorrentino, its CEO.Partner Insights from IntraFi
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The bank is also partnering with a university-affiliated startup incubator in its effort to hire 200 people with tech skills in the southern part of the state.
April 25 -
Custodia Bank (formerly Avanti Bank) and Kraken Bank have been in a holding pattern for two and a half years as they wait for Federal Reserve master accounts.
April 25 -
The Open Invention Network is trying to protect members’ technology from costly infringement cases.
April 19 -
The global bank’s head of digital channels and data analytics is giving multinational customers a view of all their bank accounts in all countries.
April 14 - The bank was one of the 11 that collaborated with Google in 2020 on a plan to introduce checking accounts through Google Pay. Josh Williams, chief banking officer and head of partnerships at Seattle Bank, talks about what the company gained from that experience and what he looks for in potential fintech partnerships.Sponsored by IntraFi
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Job stress is multiplied by artillery strikes, evacuations, air raids and atrocities.
April 11 -
Consumer advocates and fintechs say the traditional credit score and lending systems that use it are murky and perpetuate bias. FICO’s leader points out that new FICO scores use expanded data sets, just as fintechs do.
April 4 -
BCC Group, BCware and Synadia will jointly develop Web3Link, which the companies say will help banks deploy smart contracts that work with their existing technology and decentralized finance environments.
March 30 - TomoCredit's Kristy Kim watched while VCs wrote checks faster to her male counterparts with similar metrics, but bypassed her startup. Now she has the growth to show they were wrong.Sponsored by IntraFi