Tearsheet has awarded Newline™ by Fifth Third the title of Best New Embedded Finance Platform as part of its 2024 Big Bank Theory Awards. These prestigious awards celebrate innovation in banking and embedded finance, recognizing the companies that are driving the industry forward.
The Big Bank Theory Awards bring together top industry leaders, innovative startups, and established players to acknowledge the advancements shaping the future of banking and embedded finance.
Earlier this month, Newline™ by Fifth Third was selected by Trustly, a leading open banking platform, to enhance its capabilities. In July, Newline™ also announced its partnership with Stripe to power Stripe Treasury, expanding embedded financial services for Stripe’s users and their customers.
Fifth Third’s commercial payments business currently processes $17 trillion in annual payment volume. The Bank has been at the forefront of delivering cutting-edge payment solutions for decades, working with some of the earliest e-commerce pioneers.
About Newline™ by Fifth Third Bank
Newline™ is an API platform that allows enterprises to launch payment, card, and deposit products through Fifth Third Bank. Introduced after Fifth Third’s acquisition of Rize Money in 2023, Newline™ blends fintech innovation with trusted banking relationships to revolutionize embedded payments and banking technology.
About Fifth Third Bank
Since 1858, Fifth Third Bank has been committed to fostering growth for individuals, businesses, and communities through innovative financial services. Known for a history of firsts, Fifth Third continues to lead at the intersection of technology, innovation, and community impact. The Bank has been repeatedly recognized by Ethisphere as one of the World’s Most Ethical Companies® and strives to be the most trusted regional bank in the U.S.
Fifth Third Bank, National Association, is federally chartered, with Fifth Third Bancorp as its indirect parent company. Fifth Third’s common stock trades on the NASDAQ® under the symbol “FITB.” For more information, visit www.53.com.
