The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Cincinnati-based Fifth Third Bancorp alleging that employees opened accounts for customers without their consent in...
In today’s top payments news, car sales in China plummeted 80 percent last month due to the coronavirus outbreak, and Wells Fargo will give customers...
Fifth Third Bank said it’s facing enforcement action from the Consumer Financial Protection Bureau (CFPB) over alleged openings of unauthorized accounts. The CFPB said it...
Brick-and-mortar financial institutions (FIs) compete with digital-only competitors that often take advantage of lower — or nonexistent — physical buildout costs. The former are thus...
Companies often use multiple banking portals, causing headaches for corporate treasurers who must manually pull data from all these sources. But giving treasurers application programming...
Financial institutions (FIs) are locked in competition as they seek to serve the $38 trillion global business-to-business (B2B) payments sector, which could use some major...
FinTech firms are taking on real-time payments for business-to-business (B2B) use cases – and teaming with banking partners to drive innovation. AvidXchange, for instance, worked...
Property management software provider Yardi is enhancing its payments capabilities through a new partnership with Fifth Third Bank. Yardi announced in a press release on Tuesday...
Fifth Third Bank has announced that its customers can now access the bank’s ATMs without having to use their debit cards. Instead, Fifth Third customers...