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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Customers of the online lender's payments service can select their own loan terms.
February 4 -
Andy Rachleff, the fintech's CEO, discusses the digital bank it's developing and the concept of "self-driving money."
February 3 -
Why more banks are ditching their legacy core vendorsNewcomers Nymbus, Neocova, Finxact and Technisys and older competitors like Temenos, Infosys and Oracle are winning over community and regional banks by offering what some bankers describe as more flexible technology at fairer prices.
February 3 -
Clearpool's chief executive says BMO Financial Group, which is buying his company, saw a chance to gain control of cutting-edge technology that would help it cater to a special type of commercial customer.
January 31 -
Outages or disruptions of GPS signals — sometimes malicious, sometimes not — could quickly knock out computers, ATMs and card networks.
January 29 -
The startup has added more sophisticated invoicing features, sleeker onboarding and a more detailed dashboard.
January 28 -
Some fraudsters pose as loan applicants and submit doctored video or photos of property and assets to scam lenders they won't see in person. Firms like Elevate Funding and Credibly are fighting back.
January 28 -
Rellevate, a startup founded by former Western Union executive Stewart Stockdale, is forming a digital bank designed for people who make $10 to $25 per hour and live paycheck to paycheck.
January 28 -
The bank was one of the first users of The Clearing House's RTP network. Andrew Haskell explains how faster payments are helping the bank and its clients.
January 27 -
Rellevate, founded by Stewart Stockdale, will offer pay advances, fast bill pay payment and international remittances for consumers who live paycheck to paycheck.
January 27
