Tech Wins: Fifth Third among top national banks because of tech | Spintronics | Data research
CINCINNATI, OH—Fifth Third Bank has been ranked among the top 10 national banks in the U.S. in BankDirector.com’s report “2022 RankingBanking: The Best Banks.” It also ranks No. 4 in the Most Innovative Banks category, based largely on investment in technology. Fifth Third’s estimated technology spend in 2020 was $362,000.
LINCOLN, NE—Physicists at the University of Nebraska-Lincoln are at the forefront of spintronics. While it may sound like the name of an electro-pop band, spintronics is a new data-decoding approach that could lead to faster, smaller digital tech. The research is backed by a $20 million grant from the National Science Foundation.
INDIANAPOLIS, IN—In 2019, environmental compliance software company Encamp won TechPoint’s Startup of the Year Mira Award. At the end of 2021, Encamp announced significant growth numbers, including a 500% increase in annual recurring revenue and 200% increase in employees. This was after increasing revenue by 800% the previous year.