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.
-
Goldman Sachs, one of the biggest technology spenders in the industry, admired for being tech savvy as well as extremely private, has publicly acknowledged its use of Infosys's Finacle software to run Marcus, the online lending subsidiary it launched two months ago.
November 30 -
Financial industry groups have rolled out a plan for keeping bank customers' data safe if a mega-disaster, like a massive attack or a natural disaster, strikes.
November 29 -
Consumers flooded Twitter and downdetector.com with complaints that Bank of America's teller system was down Tuesday afternoon.
November 23 -
Consumers flooded Twitter and downdetector.com with complaints that Bank of America's teller system was down Tuesday afternoon.
November 22 -
More than 41% of banks have bought into hyperconvergence a blend of integrated server, storage and networking technology that's easily managed by software and there's no sign of its popularity letting up. PeoplesBank, a community bank in Massachusetts, is one of those that caught the bug.
November 22 -
Banks are warming to behavioral biometric software as one of an array of choices to prevent digital banking fraud.
November 18 -
Behavioral biometrics has already stopped several million dollars worth of online banking fraud at National Westminster Bank in London.
November 17 -
With 14 million trades a day on Nasdaq and innumerable chats and emails, the stock market's risk and surveillance officers can't look at everything. Enter artificial intelligence.
November 15 -
President-elect Trump has shown little interest in technology beyond social media, but several of his policies could significantly affect the decisions FIs and their tech vendors make about tech.
November 11 -
The incoming administration's proposals would be a mixed bag for financial technology innovation.
November 11
