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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Some say the U.S. payments infrastructure is a prime target for government-sponsored cybercriminals. But the aged and fragmented nature of our infrastructure could, for once, work in its favor.
February 9 -
Asset growth drove the Pennsylvania bank to create software that helps it vet and monitor vendors, with automated tracking of contracts and deadlines and storage of supporting documents.
February 8 -
Human error opens the door for most cybersecurity incidents. mBank in Poland, U.S. Bank and Bank of the West are working to make consumers more aware of the dangers of bad online habits.
February 5 -
Human error opens the door for most cybersecurity incidents. mBank in Poland, U.S. Bank and Bank of the West are working to make consumers more aware of the dangers of bad online habits.
February 5 -
Cross-border payments, even small ones, take days to clear, cost 5% to 10% of the payment amount, and can be baffling to the consumer. Zenbanx, TransferWise and Ripple and other startups are trying to change this.
February 2 -
Cross-border payments, even small ones, take days to clear, cost 5% to 10% of the payment amount, and can be baffling to the consumer. Zenbanx, TransferWise and Ripple and other startups are trying to change this.
February 2 -
Subtly altered versions of popular apps are appearing more often on smartphones. These rogue apps, often available for free, can steal mobile banking passwords or redirect text messages containing passcodes.
January 21 -
Consumers say they consider mobile banking unsafe even as they increasingly use it, assuming they can do nothing to protect themselves from the escalating threats. But CUs and banks can't afford to be so fatalistic.
January 19 -
Consumers say they consider mobile banking unsafe even as they increasingly use it, assuming they can do nothing to protect themselves from the escalating threats. Banks can't afford to be so fatalistic.
January 19 -
The project is likely to be mirrored at banks around the country as the automated clearing house evolves from settling payments in three to five days currently to same-day settlement in September and faster payments beyond that.
January 13
