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Innovative Banks Back Intelligent Bill Pay Capability on the RTP® Network


Innovative Banks Back Intelligent Bill Pay Capability on the RTP® Network
Leading financial institutions and FI technology providers commit to a reimagined bill payment experience for billers and bank customers
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NEW YORK, May 5, 2021 /PRNewswire/  Today, CEOs of 23 leading financial institutions, along with the chief executives of Jack Henry & Associates and Fiserv, are committing to delivering the next revolution in how bills are delivered and paid by creating a smarter, safer, and more transparent digital experience via the RTP® Network, the real-time payments network from The Clearing House.
In a letter, the CEOs of the companies backing the new bill pay capabilities stated their organizations are making the investments needed to deliver a new bill-pay experience over mobile and online channels. Billers will be able to present a bill securely through a bank s digital channel using a RfP (Request ....

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CSRWire - Fifth Third Bank to Provide 1 Million Meals to Fight Hunger Across Bank's Footprint


Fifth Third Bank to Provide 1 Million Meals to Fight Hunger Across Bank s Footprint
Published 5 hours ago
Submitted by Fifth Third Bancorp
CINCINNATI, May 3, 2021 /CSRwire/ – Fifth Third Bancorp’s nearly 20,000 employees will celebrate Fifth Third Day by providing 1 million meals to the hungry. The meals are being donated to various food organizations across the Bank’s 11-state retail footprint in honor of the Bank’s annual companywide community celebration in May, centered on May 3. The date, 5/3 on the calendar, is recognized as Fifth Third Day.
“May third is a day to celebrate the positive difference we make in the lives of our customers, our co-workers and our communities as we continue to address hunger across our footprint,” said Greg Carmichael, Fifth Third’s chairman and CEO. “Through this pandemic and through every era, we remain true to the strong spirit of the Bank as we work to build stronger communities one person, one family, one busi ....

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Fifth Third Nabs Exit From Investors' Investigation Fraud Suit


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Fifth Third Nabs Exit From Investors Investigation Fraud Suit
Law360 (April 27, 2021, 5:30 PM EDT) An Illinois federal judge on Tuesday tossed investors suit claiming Fifth Third Bancorp fraudulently failed to immediately disclose a federal investigation into unauthorized account openings, saying the investors haven t sufficiently pled that the bank s executives intended to deceive them.
The investors securities fraud claims can t proceed because they don t sufficiently plead that Fifth Third CEO Greg Carmichael and Chief Financial Officer Tayfun Tuzun s public communications intentionally misrepresented or hid risks related to the Consumer Financial Protection Bureau investigation and allegations of wrongdoing against the bank, U.S. District Judge Sara Ellis said. ....

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