Penny Crosman

Executive Editor, Technology at American Banker and Arizent

Penny Crosman is Executive Editor, Technology at American Banker and Arizent. Prior to taking on this role, she was Editor in Chief of Bank Technology News and Technology Editor of American Banker. She has held senior editorial roles at Bank Systems & Technology, Wall Street & Technology, Intelligent Enterprise and Network Magazine, among other titles.

All publications

Financial services

Fintech veterans launch blank-check firm to buy a startup

Betsy Cohen, formerly of The Bancorp Bank, and venture capitalist Ryan Gilbert have created a vehicle to raise hundreds of millions of dollars, purchase a technology company and expand it.

August 27, 2020

Investment Banking

Why Amex is buying Kabbage

American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.

August 18, 2020

Other Sectors

Which fintechs will survive the pandemic?

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

July 20, 2020

Other Sectors

Is the coronavirus giving banks an excuse to spy on employees?

Financial institutions have been monitoring workers' productivity at home with tracking software and webcams. Now they're mulling whether to mandate contact-tracing apps, COVID-19 testing and other practices that could raise further privacy issues.

May 07, 2020

Financial services

Challenger banks rake in venture capital bucks

Changing consumer attitudes about these companies and the emergence of open banking have made them appealing to venture investors, whose commitments rose 15% in the first half of the year.

August 13, 2019

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