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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Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.
April 24 -
Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.
April 19 -
Leaked documents appear to show NSA analysts were able to hack into Middle Eastern banks’ servers through the Swift service bureau EastNets. The same tools could conceivably be used by cybercriminals and nation-states with more sinister motives.
April 17 -
The move is noteworthy because Delatinne had led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes.
April 12 -
Shelton Shugar, the new CIO of Barclaycard U.S., shares his thoughts on fintechs, the merits of cloud computing and paying through Amazon Alexa.
April 11 -
Private information about consumer and business accounts was exposed. The bank immediately cited vendor error.
April 10 -
Five banks and the tech firms R3 and HQLAX are using distributed ledger technology to make it easier to transfer liquid securities and collateral.
April 6 -
The battle over screen scraping seems to be subsiding into a series of agreements between banks and fintechs using open APIs.
April 4 -
Artificial intelligence is steadily making its way through the payments and financial services world. The technology's usefulness for fraud detection is clear, but there are other areas where AI can have an impact.
March 31 -
The credit bureaus will change the way they include information about tax liens and civil judgments in credit reports. This could spur lenders' use of alternative credit data.
March 30
