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The bank now offers personal loans up to $50,000 to State Farm customers, the latest step in its effort to broaden its customer base by teaming up with other companies.
March 28 -
Earned wage access is shaping up to be the most divisive financial product in decades as industry trade groups and consumer advocates spar over whether EWA should be classified as credit in order to protect consumers. Is there a middle ground?
February 26 -
As the flames continued to spread, banks closed more branches while others donated to relief efforts.
January 9 -
A collaboration with Booking.com is designed to encourage consumers to use the bank to manage airline tickets and hotels, a lucrative market that's drawing attention across the financial services industry.
December 5 -
The fintech's Cash Out product charges the equivalent of 300% interest, the Attorney General alleged.
November 20 -
Bank of America, Wells Fargo and U.S. Bank are among the institutions taking advantage of regulatory tailwinds to get more aggressive.
October 15 -
Richard oversees a budget of $1.1 billion and manages a team of 5,000 employees globally at U.S. Bank.
September 24 -
The new bank-led digital wallet is signing up financial institutions, but payment experts say broadening its merchant base and reaching consumers will be an uphill climb.
September 23 -
Bank of America, Citigroup, HSBC and others are increasingly using sustainable and recycled materials for manufacturing
August 23 -
The superregional bank is buying Salucro Healthcare Solutions for an undisclosed amount. Salucro provides online billing and payments services to health care providers.
August 22 -
A mixed-race couple claims a "whitewashed" valuation in 2023 returned a price 39% higher than the depository-approved result a year earlier.
February 29 -
Executives at Capital One, U.S. Bank, BMO and Atlantic Union Bank are striving for seamless onboarding and more efficient branch bankers, among other projects on their technology drawing boards.
November 15 -
The bank is adding fintech-style buy now/pay later lending to other recent payment upgrades at its merchant acquiring unit.
November 13 -
Even though there has been some progress over the last eight years, men continue to hold many more board seats and jobs on executive teams than women, according to a recent report from DBRS Morningstar.
November 17 -
As part of American Banker's Most Powerful Women in Banking and Finance program, we have selected five "Top Teams" for 2022. U.S. Bank is one of the team honorees.
October 5 -
As head of new product development at U.S. Bank, Vanessa Angeles leads a team that creates cash management solutions for corporate and commercial clients.
October 5 -
As part of American Banker's Most Powerful Women in Banking and Finance program, we have selected five Top Teams for 2022.
October 5 -
The move is in response to institutional investors' increasing demand for cryptocurrency services. The company also has invested in a firm that tokenizes assets, it and says it's been selected to administer a bitcoin exchange-traded fund.
April 27 -
The company’s payments services business has struggled during the pandemic, but executives are counting on commercial clients’ embrace of real-time payments to help fuel the unit’s growth in 2021.
April 15 -
As the pandemic transforms the way corporations pay suppliers, many banks are watching nimble fintechs rush in with streamlined solutions customized for remote workforces. U.S. Bank didn’t want to risk getting cut out of that equation.
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