U.S. Bank

First National Bank of Cincinnati opened for business. As regional banks proliferated across the country in the years that followed, a number of other predecessors were born. After a series of mergers at the turn of the 21st century, we formally took on the U.S. Bank name and established our headquarters in Minnesota. Today, U.S. Bank is the fifth-largest bank in the country, with 74,000 employees and $467 billion in assets as of December 31, 2018.

Source: usbank.com

TravelBank, U.S. Bank Team On Virtual Cards, Expense Management

TravelBank, U.S. Bank Team On Virtual Cards, Expense Management
TravelBank, U.S. Bank Team On Virtual Cards, Expense Management
September 22, 2020  |  B2B Payments

TravelBank will work with U.S. Bank in order to integrate the former’s travel and expense management platform with the latter’s U.S. Bank Instant Card, in...

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US Bank On Improving B2B Payments Via Open Banking
US Bank On Improving B2B Payments Via Open Banking
July 02, 2020  |  API

B2B payments are often complicated by incompatible systems that delay transactions and add additional fees. Embracing open banking can help, but many financial institutions have...

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U.S. Bank: How Legacy Systems Impede Open Banking Adoption
U.S. Bank: How Legacy Systems Impede Open Banking Adoption
July 01, 2020  |  API

B2B payments account for $25 trillion in the United States each year, but these transactions are often fraught with frustrations and challenges. Get the Full...

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U.S. Bank Launches New Visibility, Invoice Options For Freight Carriers
U.S. Bank Launches New Visibility, Invoice Options For Freight Carriers
June 10, 2020  |  B2B Payments

New U.S. Bank features will allow freight carriers new B2B payment options such as a new dashboard for better receivables visibility and a way to...

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Lawsuits Allege Banks Played Favorites With PPP Loans
Lawsuits Allege Banks Played Favorites With PPP Loans
April 20, 2020  |  Legal & Regulation

Separate class-action lawsuits were filed against Wells Fargo, Frost Bank, JPMorgan Chase, US Bancorp and Bank of America, alleging that the financial institutions (FIs) unlawfully...

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US Bank Teams With Fiserv To Streamline Data Transfers
US Bank Teams With Fiserv To Streamline Data Transfers
March 16, 2020  |  API

U.S. Bank and the FinTech Fiserv are collaborating to streamline data sharing so customers can easily connect their financial information with their preferred third-party app,...

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Ex-US Bank Risk Officer Fined Over AML Compliance
Ex-US Bank Risk Officer Fined Over AML Compliance
March 04, 2020  |  AML

The Financial Crimes Enforcement Network (FinCEN) has fined Michael LaFontaine, former chief operational risk officer at U.S. Bank, a subsidiary of U.S. Bancorp, with a...

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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News
Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News
January 31, 2020  |  The Weekender

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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