Newline™ by Fifth Third Awarded Best New Embedded Finance Platform by Tearsheet
Fifth Third's Newline™ has been awarded the Best New Embedded Finance Platform by Tearsheet as part of its 2024 Big Bank Theory Awards. This recognition celebrates innovation in banking and embedded finance. Recently, Newline™ has expanded its capabilities through partnerships with Trustly and Stripe, powering Stripe Treasury and expanding embedded financial services for platform users and their customers.
Fifth Third's commercial payments business currently processes $17 trillion in annual payments volume. The Bank has a long history of delivering innovative payment strategies and scalable technology solutions for businesses worldwide, including some of the earliest e-commerce companies.
Newline™ di Fifth Third è stata premiata come migliore nuova piattaforma di finanza integrata da Tearsheet, nell'ambito dei Big Bank Theory Awards 2024. Questo riconoscimento celebra l'innovazione nel settore bancario e nella finanza integrata. Recentemente, Newline™ ha ampliato le sue capacità grazie a partenariati con Trustly e Stripe, potenziando Stripe Treasury ed espandendo i servizi finanziari integrati per gli utenti della piattaforma e i loro clienti.
Il business dei pagamenti commerciali di Fifth Third attualmente gestisce $17 trilioni in volume di pagamenti annui. La banca ha una lunga storia di forniture di strategie di pagamento innovative e soluzioni tecnologiche scalabili per le aziende di tutto il mondo, comprese alcune delle prime aziende di e-commerce.
Newline™ de Fifth Third ha sido galardonada como mejor nueva plataforma de finanzas integradas por Tearsheet, en los Big Bank Theory Awards 2024. Este reconocimiento celebra la innovación en la banca y las finanzas integradas. Recientemente, Newline™ ha ampliado sus capacidades a través de asociaciones con Trustly y Stripe, potenciando Stripe Treasury y expandiendo los servicios financieros integrados para los usuarios de la plataforma y sus clientes.
El negocio de pagos comerciales de Fifth Third actualmente procesa $17 billones en volumen de pagos anuales. El banco tiene una larga historia de ofrecer estrategias de pago innovadoras y soluciones tecnológicas escalables para empresas en todo el mundo, incluyendo algunas de las primeras empresas de comercio electrónico.
Fifth Third의 Newline™이 Tearsheet의 2024 Big Bank Theory Awards에서 최우수 신규 임베디드 금융 플랫폼으로 선정되었습니다. 이 인정은 은행 및 임베디드 금융의 혁신을 축하하는 것입니다. 최근 Newline™은 Trustly 및 Stripe와의 파트너십을 통해 기능을 확대하여 Stripe Treasury를 강화하고 플랫폼 사용자와 그 고객을 위한 임베디드 금융 서비스를 확장했습니다.
Fifth Third의 상업 지불 사업은 현재 $17 조 달러의 연간 지불량을 처리하고 있습니다. 이 은행은 세계 전역의 기업을 위한 혁신적인 지불 전략과 확장 가능한 기술 솔루션을 제공한 오랜 역사를 가지고 있으며, 일부는 가장 초기의 전자 상거래 회사들입니다.
Newline™ de Fifth Third a été récompensée comme meilleure nouvelle plateforme de financement intégré par Tearsheet lors des Big Bank Theory Awards 2024. Cette reconnaissance célèbre l'innovation dans la banque et le financement intégré. Récemment, Newline™ a élargi ses capacités grâce à des partenariats avec Trustly et Stripe, renforçant Stripe Treasury et élargissant les services financiers intégrés pour les utilisateurs de la plateforme et leurs clients.
Le secteur des paiements commerciaux de Fifth Third traite actuellement $17 trillions de volume de paiements annuels. La banque a une longue histoire de fourniture de stratégies de paiement innovantes et de solutions technologiques évolutives pour les entreprises dans le monde entier, y compris certaines des premières sociétés de commerce électronique.
Fifth Thirds Newline™ wurde von Tearsheet als beste neue Plattform für Embedded Finance im Rahmen der Big Bank Theory Awards 2024 ausgezeichnet. Diese Anerkennung feiert Innovationen im Bankwesen und im Embedded Finance. Kürzlich hat Newline™ seine Fähigkeiten durch Partnerschaften mit Trustly und Stripe erweitert, wodurch Stripe Treasury gestärkt und die Embedded-Finanzdienstleistungen für Nutzer der Plattform und deren Kunden ausgebaut wurden.
Das Geschäftsbereich für kommerzielle Zahlungen von Fifth Third verarbeitet derzeit $17 Billionen an jährlichem Zahlungsvolumen. Die Bank hat eine lange Geschichte innovativer Zahlungsstrategien und skalierbarer Technologielösungen für Unternehmen weltweit, einschließlich einiger der ersten E-Commerce-Unternehmen.
- Newline™ by Fifth Third won Best New Embedded Finance Platform award
- Partnerships with Trustly and Stripe to expand platform capabilities
- $17 trillion in annual payments volume processed by Fifth Third's commercial payments business
- None.
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
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
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
Source: Fifth Third
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