US Bank - News, Articles & Research

Company announcement/retail

US Bank partners Pagaya to expand client access to personal loans

Personal loans can be an effective way for some people to consolidate debt, pay for home improvements or cover other large, unexpected bills.

15 February 2024

Company announcement/regulation

US Bank hit with multi-million dollar fines over prepaid card programme for the unemployed

The Office of the Comptroller of the Currency (OCC) today assessed a $15 million civil money penalty against U.S. Bank, National Association, Cincinnati, Ohio, for violations of law relating to the bank’s administration of a prepaid card program to distribute public unemployment insurance benefit payments.

20 December 2023

News/payments

US Bank launches POS lending tech

US Bank has launched an embedded, multi-channel point-of-sale lending platform that lets firms offer customers financing at the checkout.

25 October 2023

Company announcement/wholesale

Modern Treasury joins US Bank Connected Partnership Network

Modern Treasury, the operating system for the new era of payments, announced today that it is joining the U.S. Bank Connected Partnership Network.

19 October 2023

Company announcement/payments

Kyriba and US Bank team on real-time payment enablement

Kyriba, a global leader of cloud-based finance solutions, and U.S. Bank announced today that they are working together to ease the process of enabling real-time payments for businesses.

29 March 2023

News/markets

More Wall Street giants back Versana syndicated loan platform

Deutsche Bank, Morgan Stanley, US Bank and Wells Fargo are the latest financial services players to back Versana, joining a $40 million capital raise for the syndicated loan platform.

29 March 2023

News/crypto

US banks launch digital asset settlement platform PoC

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

16 November 2022

Company announcement/people

US Bank tech and ops leader to retire

U.S. Bank (NYSE: USB) announced executive leadership changes today that will change how the company manages technology and operations for its employees and customers.

14 November 2022

Company announcement/wholesale

US Bank rolls out cash projection tool for small businesses

Today, U.S. Bank announced a new innovative offering to meet small business owners’ desire for a better line of sight into their future cash flow.

04 October 2022

Company announcement/payments

US Bank delivers real-time payments to auto dealers

With another innovative RTP Network solution, U.S. Bank can now provide loan funds to auto dealers instantly after the loan contract is finalized by the bank.

10 August 2022

News/wholesale

US Bank and LiquidX bid to simplify supply-chain financing

US Bank has teamed up with trade-finance fintech LiquidX to help speed up and simplify supply-chain transactions between suppliers and buyers.

11 May 2022

Company announcement

US Bank introduces Spanish-speaking virtual assistant in mobile app

U.S. Bank is the first financial institution in the United States to offer an experience Spanish-speaking customers have never had before: the ability to bank via mobile app in their preferred language – just by speaking it.

28 April 2022

Company announcement/payments

US Bank forms real-time payment collaboration with Apex Fintech Solutions

U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers.

25 April 2022

News/identity

US banks back ID verification service

Some of America's biggest lenders have joined forces with Early Warning on a service that lets people use their bank login details to verify their identity when using participating business' sites and apps.

06 April 2022

Company announcement/payments

US Bank, Driveway deliver payments instantly to online car sellers

U.S. Bank and Driveway have collaborated to pay car sellers immediately with real-time payments, making Driveway the first online car dealership to pay customers over the RTP network.

23 March 2022

Company announcement/sustainable

US Bank taps Morningstar for ESG data delivery

U.S. Bank announced today that it will leverage Sustainalytics, a Morningstar Company and a leading global provider of ESG research and ratings, to offer environmental, social and governance (ESG) data solutions to U.S. Bank Global Fund Services (GFS) clients where independent ESG analytics and reporting services are required.

03 March 2022

News/cloud

US Bank picks Microsoft Azure for cloud migration

US Bank says it is making a "substantial" investment in modernising its technology foundation by choosing Microsoft Azure as its primary cloud provider for its applications.

24 February 2022

Company announcement/payments

US Bank taps Payactiv for earned wage access product

U.S. Bank today announced a new solution with Payactiv to bring Earned Wage Access (EWA) to U.S. Bank clients.

21 February 2022

Company announcement/payments

US Bank advances real-time payments for consumer bill pay

With the proliferation of immediate payments, one area resistant to change has been bill pay. But U.S. Bank is leading the industry, bringing the power of Real-Time Payments to the U.S. Bank consumer bill pay experience for the first time.

06 January 2022

News/payments

US Bank to buy expense and travel management platform TravelBank

US Bank has agreed to buy expense and travel management platform TravelBank. Financial terms of the deal were not disclosed.

17 November 2021