{"id":16477,"date":"2024-07-19T20:58:37","date_gmt":"2024-07-19T20:58:37","guid":{"rendered":"http:\/\/flwnet.com\/index.php\/2024\/07\/19\/fifth-third-must-invest-in-tech-to-manage-regulatory-risk\/"},"modified":"2024-07-19T20:58:37","modified_gmt":"2024-07-19T20:58:37","slug":"fifth-third-must-invest-in-tech-to-manage-regulatory-risk","status":"publish","type":"post","link":"http:\/\/flwnet.com\/index.php\/2024\/07\/19\/fifth-third-must-invest-in-tech-to-manage-regulatory-risk\/","title":{"rendered":"Fifth third must invest in tech to manage regulatory risk"},"content":{"rendered":"<p>Fifth Third Bank applied legacy practices to its digital account opening process, which has led to regulatory scrutiny.\u00a0 The Consumer Financial Protection Bureau alleged that the Cincinnati-based bank opened fake accounts in its customers\u2019 names and used a cross-selling strategy to boost its product and services sales, according to a CFPB July 9 release. The [\u2026]<\/p>","protected":false},"excerpt":{"rendered":"<p>Fifth Third Bank applied legacy practices to its digital account opening process, which has led to regulatory scrutiny.\u00a0 The Consumer Financial Protection Bureau alleged that the Cincinnati-based bank opened fake accounts in its customers\u2019 names and used a cross-selling strategy to boost its product and services sales, according to a CFPB July 9 release. The [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-16477","post","type-post","status-publish","format-standard","hentry","category-fintech"],"_links":{"self":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/16477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/comments?post=16477"}],"version-history":[{"count":0,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/16477\/revisions"}],"wp:attachment":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/media?parent=16477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/categories?post=16477"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/tags?post=16477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}