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.
-
Many financial criminals are switching to a more sophisticated kind of identity theft in which they open accounts based on stolen identities, or on composites of information stolen from different people.
June 10 -
Many financial criminals are switching to a more sophisticated kind of identity theft in which they open accounts based on stolen identities, or on composites of information stolen from different people.
June 9 -
Following Wells Fargo's salvo against screen scraping, one of the leading account aggregators says the larger issue is who has control over consumers' data: the customers themselves, or the banks?
June 7 -
The archaic practice of using customers' online banking credentials to copy and paste their account information into other programs has been under fire. With a new API, Wells Fargo hopes to bring this practice to an end.
June 7 -
Some days the ride-sharing app receives more than a million phishing emails a stat to which large banks can relate. But after deploying common protocols and open-source software, Uber now rejects most bad emails.
June 2 -
Suresh Ramamurthi has launched a new payment system for healthcare providers and APIs that let other companies create their own faster-payment products all at a tiny bank in rural Kansas.
June 1 -
The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?
June 1 -
The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?
June 1 -
Consumers, especially millennials, increasingly prefer to do everything on mobile devices, including signing up for bank accounts. But as some FIs start to open accounts this way, how can they tell the real customers from crooks?
May 27 -
Consumers, especially millennials, increasingly prefer to do everything on their mobile devices, including signing up for services. But as banks start to open accounts for people whom their employees have never met, there are plenty of questions about whether they can tell real customers and crooks apart.
May 26
