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Fifth Third to modernize through automation, technology

Tech spend increased 16% YoY to $114M in Q2

Vaidik TrivedibyVaidik Trivedi
July 20, 2023
in Banking
Reading Time: 4 mins read
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Fifth Third Bank ramped up its modernization efforts in the second quarter as it looks toward automating its core platform to drive down expenses.    The $211 billion bank aims to invest “in the core platform to bring automation,” which will bring intermediate positive expense outcomes, Chief Executive Tim Spence said during the bank’s earnings call today. In looking […]

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Tags: Automationdigital bankingearningsFifth Third BankPremium
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