Banking
Fifth Third, CFPB settlement a positive for bank, analyst says | Bank Automation News
[ad_1]
Fifth Third Bank was fined $15 million by the Consumer Financial Protection Bureau today for allegedly opening fake accounts in their customers’ names from an existing 2020 lawsuit. The Cincinnati-based bank was using a cross-selling strategy to boost the number of products and services it was selling to customers and opening unauthorized accounts to meet […]
[ad_2]
Whitney McDonald
Source link
