FITB - Mergers and acquisitions

Bank recognized for performance, innovation, serving customers Fifth Third is proud to announce it has been named "Bank of the Year" for the U.S. 2023 by The Banker. This annual award program recognizes industry-wide excellence within the global banking community. "Congratulations to Fifth Third Bank for outshining the competition to win the Bank of the Year award for the U.S.," said Joy Macknight, editor of The Banker. "The judges were impressed by Fifth Third's commitment to leveraging technology and innovation to serve its customers. Major achievements include the strengthening of its embedded payments offering and of its private bank's Business Transition Advisory Team (BTAT), dedic

Fintech Platform Further Advances Bank's Embedded Payments Offerings Fifth Third Bancorp (NASDAQ:FITB) is pleased to announce the acquisition of Rize Money, Inc., an embedded payments platform that provides payment infrastructure and risk management capabilities to fintechs and other technology companies that want to offer innovative financial products through a single application programming interface. Embedded payments is a core component of Fifth Third's leading Treasury Management business, supporting clients who value scale, risk sophistication and full range of payment types. The business is growing at double digits and the annual revenue is projected to eclipse $130 million this

Will take on new role focused on artificial intelligence Fifth Third Bank, National Association, announced Art Weston will be rejoining the Bank in a newly created role to deploy artificial intelligence at scale delivering leading customer experiences in assisted self-service channels. As director of automated channel transformation, Weston will be responsible for developing and executing artificial intelligence capabilities into the Bank's customer experience across all consumer channels. He previously was the head of the Bank's decision sciences group from 2016 to 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/202204250054