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 tiny community bank handled hundreds of millions of bulk cash shipments from Mexico without red-flagging any of them, the agency said. The bank has filed a motion to dismiss.
December 27 -
In 2024, some banks were reluctant to publicly discuss their AI projects while others couldn't wait. Here's a look at the AI stories American Banker readers clicked on the most.
December 26 -
Fintech lenders often get criticized for high rates or fees on their consumer lending. But there's an argument to be made that the alternatives are worse.
December 24 -
The coming year will bring banks the ability to work with digital assets and crypto companies, according to speakers at American Banker's Cyber Risk Summit.
December 17 -
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Numerous reports and lawsuits have criticized the health insurer for using algorithms to ramp up denials of coverage.
December 12 -
The bank suggests it's a scapegoat for Synapse's wrongdoing in a case of banking-as-a-service gone awry.
December 10 -
Some smaller banks are punching above their weight when it comes to being AI-savvy, industry observers say.
December 10 -
Customers of fintechs affected by Synapse's bankruptcy have been waiting since May for money they had in their accounts, and $65 million to $85 million still appears to be missing.
December 9 -
With a business-friendly crypto and AI overseer, observers expect a softer government approach to tech projects and partnerships.
December 6
