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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John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15 -
The bank is using Cognition's Devin AI agent to automate simple tasks for programmers, with human controls.
July 14 -
The nation's largest bank is planning to implement fees for access to data that has traditionally been provided free of charge. Data aggregators and fintechs accused JPMorgan of exploiting regulatory uncertainty and raising prices for consumers.
July 11 -
Several large banks are deploying agentic AI. There's a big difference between managing people and managing AI agents.
July 10 -
One of the oldest U.S. banks is taking on custody of RLUSD, as stablecoins continue their perceived march toward general acceptance.
July 9 -
French bank BNP Paribas is launching a U.K. fintech incubator that will host generative AI startups that have developed applications for banks.
July 8 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3 -
The application follows on the heels of Circle and Wise, as crypto and payment companies seek crypto custody approval and direct access to the Federal Reserve payment system.
July 2 -
The company sought to pay far less than a New York court had imposed as a result of the lawsuit the SEC brought against it. In a twist, the new SEC leadership argued on the company's side against the prior administration's position.
June 27 -
The idea of creating software from "vibes" or feelings seems antithetical to the buttoned-up and highly regulated world banks live in. But experts say there's a place for it.
June 26
