Us Bank news and trends

CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
CFPB // December 19, 2023

America’s consumer watchdog said U.S. Bank wrongly kept workers from unemployment benefits during the pandemic. As such, the Consumer Financial Protection Bureau ordered the bank to pay nearly $21 million, the agency said in a Tuesday (Dec. 19) press release. The CFPB said the order...

US Bank Sets Effective Date of Previously Announced CFO Transition
Personnel // August 23, 2023

U.S. Bank has set the effective date of two previously announced promotions. Effective Sept. 1, the bank’s current vice chair and CFO, Terrance Robert Dolan, will become vice chair and chief administration officer overseeing the company’s combined Chief Administration Office, U.S. Bank said in a...

Fiserv Vet William Flyge Named US Bank’s Global Banks Head
Personnel // May 17, 2023

U.S. Bank has named a payments industry veteran to head its global banks division. William Flyge, who spent seven years in a senior business development role at Fiserv, will now oversee U.S. Bank’s credit, risk management and payment solutions offerings to financial institutions (FIs) worldwide,...

Kyriba and U.S. Bank Add Instant Payments and Zelle for Businesses
B2B Payments // March 29, 2023

Kyriba and U.S. Bank have partnered to offer new payment methods, including instant and Zelle payments to their joint clients. With the implementation of application programming interface (API)-powered payment connectors from Kyriba, a provider of cloud-based payment solutions, businesses can send instant payments to vendors, customers and...

Interviews & Exclusives
Big Banks Find Big Optimism Amid Small Business Week — But Here’s The Catch

May 03, 2017
The Small Business Administration’s National Small Business Week is in full swing, and new data from top banks finds small business optimism is soaring. Research from U.S. Bank released this week concluded that revenue increases, planned capital investments and boosted employment levels are all signs of strengthening SMEs across the U.S. The bank’s Small Business Annual […]

Quick Reads
US Bank Adds Levantor’s Sales Finance Solutions

April 03, 2024
U.S. Bank and Levantor Capital have expanded their partnership to offer additional flexible working capital financing options to U.S. Bank clients. With this collaboration, U.S. Bank will now offer Levantor’s sales finance solutions, the companies said in a Wednesday (April 3) press release. “By deepening our collaboration with Levantor, we can help our clients improve supplier relationships and more efficiently trade […]

CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits

December 19, 2023
America’s consumer watchdog said U.S. Bank wrongly kept workers from unemployment benefits during the pandemic. As such, the Consumer Financial Protection Bureau ordered the bank to pay nearly $21 million,...

US Bank Sets Effective Date of Previously Announced CFO Transition

August 23, 2023
U.S. Bank has set the effective date of two previously announced promotions. Effective Sept. 1, the bank’s current vice chair and CFO, Terrance Robert Dolan, will become vice chair and...

Fiserv Vet William Flyge Named US Bank’s Global Banks Head

May 17, 2023
U.S. Bank has named a payments industry veteran to head its global banks division. William Flyge, who spent seven years in a senior business development role at Fiserv, will now...