Benzinga May 18, 2023
By Zacks

Fifth Third Bancorp announced that it has completed the acquisition of Big Data LLC, a tech-based company based in Madison, WI. Big Data LLC provides solutions for healthcare payments and remittances. The financials of the transactions were not disclosed.

The acquisition enhances the range of services associated with the financial aspects of national healthcare, and catering to the intricated needs of the clients. Also, it leverages Fifth Third’s digital advancement and its dedication to serving the healthcare sector.

Kevin Lavender, head of commercial banking at Fifth Third said, “Fifth Third has a long history of expertise in the healthcare banking space and is deeply committed to bringing our solutions to healthcare clients. This acquisition allows Fifth Third and Big Data...

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Topics: Big Data, Mergers & Acquisitions / JV, Technology, Trends
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