Fifth third must invest in tech to manage regulatory risk

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Fifth Third Bank applied legacy practices to its digital account opening process, which has led to regulatory scrutiny.  The Consumer Financial Protection Bureau alleged that the Cincinnati-based bank opened fake accounts in its customers’ names and used a cross-selling strategy to boost its product and services sales, according to a CFPB July 9 release. The […]



https://www.highcpmgate.com/f0c2i8ki?key=d7778888e3d5721fde608bfdb62fd997

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