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.
- AB - Technology
Meghji only made it a year as chief innovation officer at the Federal Deposit Insurance Corp. before leaving in recent weeks. He describes the obstacles to new ideas within federal banking agencies and banking itself.
March 14 -
The fintech will work with the bank’s largest clients to spread their cash among U.S. branches of non-U.S. institutions, helping them obtain higher yields while diversifying counterparty risk.
March 14 -
Several large banks are being investigated for employees’ use of unmonitored messaging software, despite prohibitions that have been in place for years.
March 11 -
Companies with staff in the war-torn country are relocating some and supporting those who choose to stay.
March 7 - AB - Technology
As governments tighten restrictions to punish Ukraine’s invaders, cryptocurrency could be a way out — but it’s hard to do without getting caught.
March 2 -
The New York bank recently converted 3 million GM Rewards cardholders to its Marcus app, the next phase of its plans to offer more banking services in unexpected places.
March 1 - Yasaman Hadjibashi, who formerly worked at Citi and Barclays, and Keith Armstrong, a co-founder of Abe.ai, have created a fintech startup that helps people coming home from prison find work, obtain a bank account and reenter society.Sponsored by IntraFi
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The Minneapolis bank is shifting consumer-facing applications and other technology components out of its data centers and into Microsoft’s Azure cloud.
February 22 -
Consumers still turn to desktop computers most to do their banking, but preferences are changing, new research shows.
February 18 -
The digital-only bank, which is due to launch March 1, is trying to develop an Amazon-like banking experience for the most finicky of clients: tech startup founders, says CEO Mike Butler.
February 14