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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Startups that have developed the technology for real estate finance are starting to conduct a broader array of transactions, including property sales.
January 2 -
The digitally savvy lender MyBucks, which has lent money through a smartphone app and chatbots on WhatsApp and Facebook Messenger, could be a good role model for U.S. banks thinking of using AI in credit decisions.
December 28 -
Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.
December 27 -
Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.
December 26 -
Is it a bubble? Is it a fraud? There are many ways to look at the highly volatile bitcoin, few of them banker-friendly.
December 22 -
EU banks will soon start sharing customer account data with all third parties their customers approve. Very few U.S. banks have latched on to this concept. Here’s why.
December 20 -
BankMobile, the digital-only subsidiary of Customers Bank in Wyomissing, Pa., is planning to use software by Upstart to offer its first credit product to graduates and other young consumers with little to no credit history.
December 20 -
Jon Stein plans to make Betterment's robo-adviser as personalized and intelligent as the online retailer's recommendation engine.
December 18 -
A Russian cybersecurity software company reported last week that a new group of cybercriminals had stolen $10 million from 16 community banks. But there's no hard evidence that actually happened.
December 18 -
Banks are looking at using the powerful number-crunching technology to make risk calculations, analyze portfolios and protect their systems against sophisticated cyberattacks.
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