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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Fintech firm Mercury, which provides banking services to businesses, says it now has 200,000 customers after raising $300 million in C-round funding.
March 28 -
The veto aligns with President Trump's executive order on AI, which focuses on innovation and leadership rather than consumer protection.
March 27 -
The newness and potential risks of the technology are factors, but there are also fixable mistakes companies make that prevent payoff.
March 25 -
Employees are using generative AI more than their bosses think they are, research suggests. Some say part of the answer lies in AI-use policies.
March 20 -
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Mercury said it simply outgrew the relationship. Evolve said it's kicking high-risk end users out of its program and as a consequence some fintechs are going elsewhere.
March 14 -
The software helps identify and investigate crime, then writes a recommendation.
March 13 -
The latest development in the Synapse saga provides a few new clues but leaves many questions unanswered about missing customer funds.
March 12 -
The Coalition for Financial Ecosystem Standards, a fintech group co-founded by Sima Gandhi, is publishing guidelines for how banks and others can assess them.
March 11
