Fifth Third Bank saw higher technology-related expenses during the fourth quarter as it continued to invest in “platform modernization,” including the launch of its...

Financial institutions continue to upgrade their mobile offerings as consumer expectations require self-service capabilities. For example, Citizens Financial Group and Fifth Third Bank at...

Jude Schramm, chief information officer at Fifth Third Bank, will join the panel discussion “Solving data expandability issues through cloud” at the Bank Automation...

SAN JUAN, Puerto Rico–(BUSINESS WIRE)–EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that the Company successfully refinanced its existing credit facilities on...

Bank of America, Fifth Third, Truist and Wells Fargo are directing clients affected by Hurricane Ian to online and mobile apps for 24/7 access...

Fifth Third Bank will migrate its mobile app to the cloud before the end of the year. The $211 billion Cincinnati-based bank initiated its...

In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team discusses the recent Bank Automation Summit 2022 with recorded excerpts from the panel “Modernizing Commercial Lending Through Automation.” Listen to find out how technology experts are deploying automation for commercial lending success in the wake of disruption and digitization. This episode […]

CHARLOTTE, N.C. — Legacy technology is a barrier to automating commercial lending at banks. Mainframe systems, in particular, complicate automation, Daniel Seay, Fifth Third Bank’s senior vice president and director of wholesale transformation, said during the “Modernizing Commercial Lending through Automation” session at last week’s Bank Automation Summit. Modern software development and IT operations (DevOps) […]

Ferris named new FIS president Core provider FIS promoted Stephanie Ferris as its new president earlier this month. Ferris previously served as chief operations officer and chief accounting officer at FIS, where she was responsible for leading global strategy and technology transformation, as well as the global integration of Worldpay, an e-commerce and payment solution. […]

Modern banking experiences provider Amount has acquired SMB loan and account origination platform Linear Financial Technologies for $175 million. Founded last February, Linear offers financial services organizations a set of tools to help create a smooth customer experience. The Virginia-based startup provides a digital originations and servicing platform for credit cards, loans, and deposit accounts Read more...

The post BNPL Player Amount Acquires Linear Financial Technologies appeared first on Finovate.

Regardless of where you stand on the Revolut/Yoppie partnership “intention versus execution” debate, it is nevertheless remarkable how fintechs and financial institutions...

As it undergoes a core upgrade, builds on its digital banking services and continues to increase technology spend, Fifth Third Bank is targeting...