Fifth Third Bank Awarded on the Fortune’s America’s Most Innovative Companies 2023 List
March 29 2023 - 8:58AM
Business Wire
Fifth Third Bank, National Association, has been awarded on the
Fortune list of America’s Most Innovative Companies 2023. This
prestigious award is presented by Fortune and Statista Inc., the
world-leading statistics portal and industry ranking provider. The
awards list was announced on March 29 and can currently be viewed
on the Fortune website.
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Fifth Third Bank named to Fortune's list
of America’s Most Innovative Companies 2023 (Graphic: Business
Wire)
“Innovation is core to who we are at Fifth Third and we’re proud
to be recognized by Fortune as one of America’s Most Innovative
Companies. We invest in technology to empower our customers to do
the things they need to do better, faster and with more control and
efficiency,” said Tim Spence, president and CEO of Fifth Third
Bank. “Focusing on our customers and the future is how we became
the first bank in the U.S. to establish an online network of ATMs
in 1977. Today, we innovate through our fintech platforms Dividend
Finance and Provide, or Fifth Third Momentum Banking, a
first-of-its-kind everyday banking solution that helps customers
manage their everyday financial needs.”
Fortune and Statista selected America’s Most Innovative
Companies 2023 based on product innovation, process innovation and
innovation culture. For the evaluation of the innovation culture
and the internal view of process innovation, Statista deployed
online surveys where employees could score their own company on a
scale system. For the evaluation of the external view of process
innovation as well as product innovation, Statista surveyed experts
in various fields – from recruiters to management consultants and
patent attorneys. For the evaluation of the IP portfolio, Statista
cooperated with LexisNexis PatentSight and used their platform to
analyze the quantity and value of a company’s patents. The 300
US-companies with the highest score were awarded as America’s Most
Innovative Companies 2023.
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 U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
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. Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20230328005849/en/
Beth Oates (Media Relations) March 29, 2023 Beth.Oates@53.com |
313-230-9002 Chris Doll (Investor Relations)
Christopher.Doll@53.com | 513-534-2345
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