Newline™ by Fifth Third Awarded Best New Embedded Finance Platform by Tearsheet
23 Setembro 2024 - 10:00AM
Business Wire
As part of its 2024 Big Bank Theory Awards, Tearsheet has named
Newline™ by Fifth Third its Best New Embedded Finance Platform
winner. The Big Bank Theory Awards by Tearsheet are the
organization’s premier awards program recognizing and celebrating
innovation in banking and embedded finance.
With its awards program, Tearsheet brings together industry
leaders, innovative startups, and key incumbent players in the
field to acknowledge the companies shaping the future of banking
and embedded finance.
Earlier this month, Newline™ by Fifth Third announced it had
been selected by Trustly, a leading open banking platform, to
expand the platform’s capabilities. In July, Newline announced it
had been selected by Stripe to power Stripe Treasury and expand
embedded financial services for Stripe’s platform users and their
customers.
Fifth Third’s commercial payments business currently processes
$17 trillion in annual payments volume. For decades, the Bank has
delivered innovative payment strategies and scalable technology
solutions for businesses worldwide, working with some of the
earliest e-commerce companies.
About Newline™ by Fifth Third Bank
Newline is an API platform that enables enterprises to launch
payment, card, and deposit products directly with Fifth Third Bank.
Launched after Fifth Third’s acquisition of Rize Money in 2023,
Newline has reinvented bank technology and embedded payments,
combining the best in fintech innovation with a trusted banking
relationship.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank, and its common stock is traded on the NASDAQ®
Global Select Market under the symbol "FITB." Investor information
and press releases can be viewed at www.53.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240923995571/en/
Adrienne Gutbier (Media Relations) adrienne.gutbier@53.com |
513-534-8038 Matt Curoe (Investor Relations) matt.curoe@53.com |
513-534-2345
Fifth Third Bancorp (NASDAQ:FITB)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Fifth Third Bancorp (NASDAQ:FITB)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024