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 Minneapolis bank is shifting consumer-facing applications and other technology components out of its data centers and into Microsoft’s Azure cloud.
February 22 -
Consumers still turn to desktop computers most to do their banking, but preferences are changing, new research shows.
February 18 -
The digital-only bank, which is due to launch March 1, is trying to develop an Amazon-like banking experience for the most finicky of clients: tech startup founders, says CEO Mike Butler.
February 14 -
Banks and companies that use artificial intelligence to make loans agree with regulators that it should be tested for fairness. But they also say traditional loans could be just as biased.
February 14 -
The Knoble, a nonprofit, is bringing together bank financial crime experts, law enforcement officers and the tech company Prove to help identify criminals and their victims in Los Angeles.
February 9 -
By the end of the year, if it can clear regulatory and technical hurdles, the bank plans to launch tokenized dollars people could use to buy anything on the internet.
February 7 -
The tech company’s platform will let digital currency holders borrow against their digital assets and have the loan proceeds placed in a bank account.
February 3 -
The online lender and challenger bank is offering customers a way to shop and receive cashback rewards at 20,000 merchants from its app.
February 2 -
AB - podcastIn her last week in office, the Federal Deposit Insurance Corp. chair discusses why she worries about the dwindling number of community banks and minority-owned banks, why she has made serving low-income communities a priority during her tenure, and what she might do next.
January 31
