U.S. Bank in Minneapolis has updated its mobile corporate payments to allow the use of virtual card accounts, which give users a temporary 16-digit number to execute transactions.
The $410 billion-asset bank integrated the virtual card feature into Access Online Mobile app. The upgrade lets app users request virtual card accounts through their smartphone.
U.S. Bank initially launched
U.S. Bank has added a number of features to corporate and business payments over the past year, including an
The neobank filed for an initial public offering on Tuesday shortly after announcing a new office lease in New York City.
Average Americans are souring on their own financial health, according to a New York Fed survey. That includes their ability to pay off their debts.
Serious delinquencies on student loans jumped tenfold at the start of 2025, shortly after lenient pandemic-era policies came to an end. The greater pressure on consumers' wallets is a cause for concern at banks that rely on borrowers' ability to repay their debts..
New York State Gov. Kathy Hochul has codified how buy now/pay later lending will operate in the state, taking a heavier hand as the Consumer Financial Protection Bureau loosens its grip under President Trump.
Richmond, Virginia-based Atlantic Union is still integrating its recent acquisition of Sandy Spring Bank in Maryland. But CEO John Asbury has already begun plotting a new expansion course.
Tentative appointments at the Federal Deposit Insurance Corp. and the Federal Reserve have compliance officers reading the tea leaves for future policy plays.
