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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Mick Mulvaney, acting director of the CFPB, sent strong signals in a memo to all bureau staff last week that he wants to crack down on debt-collection firms.
January 29 -
Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files.
January 24 -
Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management.
January 24 -
Few fees, automated savings and social media engagement all reel in the 23- to 37-year-old set and present a competitive threat to big, traditional banks, according to CEO Chris Britt.
January 23 -
Millennials are more bank-savvy than they’re given credit for, according to a new survey sponsored by Bank of America.
January 23 -
Dan Kimerling, founder of Deciens Capital, explains why it would make sense for U.S. banks to accept open banking.
January 23 -
The online lender is integrating itself with several popular software programs to provide lending as a service. It’s an open-banking road map for skeptical banks.
January 22 -
The bank’s innovation unit hopes some of the students it takes in from 12 universities including Columbia, NYU and Texas will end up working at Citi someday or creating startups it can partner with.
January 18 -
U2 lead singer Bono is among the latest to support the ambitious mobile-only fintech startup, which applied for a national bank charter in July.
January 18 -
In a move rare for the industry, the bank bought a team of data scientists to bolster its artificial intelligence efforts in areas including product recommendations and fraud prevention.
January 16
