Fifth Third Bank

Fifth Third Debuts Tools to Ease Bank-Switching
Fifth Third Debuts Tools to Ease Bank-Switching
July 11, 2024  |  Banking

Fifth Third Bank says it has introduced tools to make changing financial institutions easier. “Switching banks has historically been stressful — scheduling an appointment at a bank to...

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Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
July 09, 2024  |  Regulation

Fifth Third Bank must pay $20 million to resolve litigation in its auto lending practices. The settlement followed an investigation by the Consumer Financial Protection...

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Fifth Third and Bottomline Debut Enhanced Payables Tool
Fifth Third and Bottomline Debut Enhanced Payables Tool
May 14, 2024  |  Partnerships

Fifth Third Bank is working with business payments provider Bottomline to offer new payment options. The companies debuted of Enhanced Payables — powered by Bottomline and its business payments network, Paymode-X — designed...

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Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
January 29, 2024  |  Banking

America’s regional lenders say they’re emerging from the shadow of Silicon Valley Bank. That bank’s collapse last year sent shockwaves through the industry, but now, executives...

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Regional Banks Cut Back on Lending to Preserve Capital
Regional Banks Cut Back on Lending to Preserve Capital
July 24, 2023  |  Banking

Regional banks across the United States are reportedly deciding to cut back on lending in order to preserve capital and improve margins. Banks are unloading...

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Fifth Third Acquires Embedded Payment Platform Rize Money
Fifth Third Acquires Embedded Payment Platform Rize Money
May 22, 2023  |  Acquisitions

Ohio-based bank Fifth Third Bancorp has acquired the embedded payments platform Rize Money. The deal, announced Monday (May 22), is designed to boost Fifth Third’s treasury management business, which it...

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Instant Wage Payouts Could Aid Employers as Workers Eye Better-Paying Jobs
Instant Wage Payouts Could Aid Employers as Workers Eye Better-Paying Jobs
April 19, 2023  |  Faster Payments

Wage growth is still on the rise despite the recently cooling job market, leading some employers to turn to pay-related “perks” in order to retain...

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Fifth Third Increases Healthcare Focus With Big Data Purchase
Fifth Third Increases Healthcare Focus With Big Data Purchase
March 08, 2023  |  Acquisitions

Fifth Third Bank is expanding its health sector focus by purchasing Big Data Healthcare. The bank announced the deal with the Wisconsin-based healthcare payment and...

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Fifth Third Bank Speeds Tax Refunds With Early Pay Service
Fifth Third Bank Speeds Tax Refunds With Early Pay Service
January 09, 2023  |  Banking

Fifth Third Bank will provide customers with their federal tax refund up to five days earlier. The bank said in a Monday (Jan. 9) press...

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