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 fintech startup OpenFin now has 40 Wall Street firms building applications for its operating system, which promises security and interoperability.
June 21 -
Next month, credit bureaus will have to drop information about tax liens and civil judgments from credit scores unless they can independently verify the data. Eva Wolkowitz of the Center for Financial Services Innovation and Sarah Davies of VantageScore discuss.
June 20 -
The chatbot at DBS’s digital bank in India handles most customer service questions but can also sense when it is time to hand something off to a real person.
June 19 -
The most innovative projects shared at Digital Banking 2017 involve embedding banking in popular devices and apps like Facebook Messenger and Amazon Echo.
June 15 -
Dan O'Malley, who until very recently ran the fintech incubator at Eastern Bank (and before that was at Capital One), now has a startup called Numerated Growth Technologies and software that he says can process loans in five minutes.
June 13 -
Too many consumers don't fully understand how the apps work and don’t trust that their data is secure, a new J.D. Power study shows.
June 12 -
The selling of anonymized customer data may be legal, but it raises ethical questions about the use and protection of that information.
June 8 -
At CIBC, Aayaz Pira is quickly turning ideas into apps, including its new mortgage one, with the help of its recently formed innovation hub.
June 5 -
In the quest for top technology talent, financial firms are tapping into a resource long overlooked by Silicon Valley: former members of the military.
June 1 -
ATMs tend to run on older versions of the Windows operating system, which potentially makes them targets for ransomware that preys on such vulnerabilities.
May 30









