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 bank has partnered with a fintech, Zentist, to give dentists a system that automates insurance and billing processes.
September 10 - Dobrin, founder of advisory firm Qantm AI and former global chief AI officer at IBM, warns that popular generative AI models were trained on the whole of the internet and hallucinate at an unacceptable rate.Sponsored by IntraFi
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First Electronic Bank is using technology from Spring Labs to analyze its fintech partners' customer communications and identify problems.
September 5 -
Tech companies and banks are trying to shrink the carbon footprints of the large language models they create, host and deploy. Can they move fast enough?
August 29 -
The banking-as-a-service company is still going through bankruptcy proceedings and millions in customer funds remain missing, but founder Sankaet Pathak has already made a fresh start and won venture capital support.
August 23 -
If efforts to make AI-based loan decision models less discriminatory degrade accuracy, that is problematic for the entire industry.
August 22 -
California has a pending law that would hold banks liable for three times the amount of a loss if they had reason to suspect financial exploitation of an older customer and did nothing about it.
August 20 -
Krish Swamy, Dan Jermyn and others on a just-released AI 100 list say they expect investment in AI to keep increasing.
August 14 - Jake Donoghue, author of the book "Crypto Confidential," shares some of the worst practices he saw as a founder of a cryptocurrency company.Sponsored by Coinstar
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Unless the SEC appeals, a New York judge's decision brings an end to the regulator's four-year battle with the crypto company. But it leaves questions over the legality of crypto unanswered.
August 8