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USA

FintechNews RoundupUSA
·Apr. 22, 2019

Fifth Third Bank Becoming More Focused on Digital

In the coming months Cincinnati-based Fifth Third bank will hire 200 new tech workers as it continues to invest in...
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FintechNews RoundupUSA
·Jun. 13, 2019

Fifth Third Bank Doesn’t See Need for Digital Only Bank

Fifth Third Bank CEO says the $167.8bn asset bank does not need to add a digital only offering as they...
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News RoundupOnline LendingUSA
·Apr. 17, 2017

Fifth Third Bank Expands Partnership with Accion for Small Business Lending

Fifth Third Bank will expand its partnership with Accion US Network which provides access to a network of small businesses; the initiative will focus on increased lending for underserved small businesses in Florida, Indiana, Illinois, Michigan and Ohio; the effort is also an extension of the bank's five-year, $30 billion Community Commitment and will utilize $10 billion allocated to small business lending, product innovation and enhanced underwriting and fulfillment for this alternative lending channel. Source

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FintechNews RoundupUSA
·Apr. 22, 2020

Fifth Third Bank Still Plans to Go Ahead with New Branches

Fifth Third Bank is still planning to open 100 new branch locations across the Southeast in the next few years;...
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FintechNews RoundupUSA
·Sep. 5, 2017

Fifth Third Launching New App, Momentum

The app is designed to help users pay down student loan debt; it links with customers' debit cards and rounds up purchases as spare change which is then used to make weekly payments to student loans; the bank will market the app to target millennials and add new customers. Source

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FintechNews RoundupUSA
·Feb. 21, 2020

Fifth Third Partners with Fundation on Small Business Loans

Fifth Third Bank has struck a partnership with fintech Fundation to offer small business loans and lines of credit; Fifth...
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FintechNews RoundupUSA
·Feb. 25, 2019

Fifth Third Relaunches Dobot App to Help Customers Save

Dobot was launched in 2016 and was acquired by regional bank Fifth Third Bank last year; the app is designed...
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FintechNews RoundupUSA
·May. 7, 2019

Fig Loans First Fintech to Receive Both B Corporation & CDFI Certification

Fig is an alternative to the predatory loans that are often offered to low-income borrowers; now they are the first...
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FintechNews RoundupUSA
·May. 10, 2019

Figure Closes a $1 Billion Line of Credit on Blockchain

Figure has announced the commitment of a $1 billion uncommitted asset based financing facility on their Provenance blockchain; the funding...
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FintechNews RoundupUSA
·Mar. 12, 2020

Figure Completes $150 Million Securitization on the Blockchain

The $150 million securitization of HELOCs is being billed as the first transaction where all aspects were managed on the...
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