Penny Crosman

Editor at Large

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Penny Crosman is Editor at Large at American Banker. 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.

Digital banking

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.

By Penny Crosman

August 13
Fintech

The year of the fintech merger

A trio of big deals in the payments and financial tech area and continued bank and venture capital interest in fintech investments are creating expectations for a banner year.

By Penny Crosman

June 10
Cloud computing

Why IBM's purchase of Red Hat matters to banks

The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well.

By Penny Crosman

October 29
PH sexual harassment

Does Silicon Valley's 'bro culture' pervade IT elsewhere?

Many workers in the technology departments across a range of industries describe behavior that may fall short of a legal definition of sexual harassment, but is still disturbing and could contribute to low employee morale and high turnover.

By Penny Crosman

March 12