Us Bank news and trends

US Bank Launches Travel Planning Partnership With Booking.com
Partnerships // November 18, 2024

U.S. Bank has launched a travel booking platform for its credit card holders. The U.S. Bank Travel Center with Booking.com, announced Monday (Nov. 18), lets cardholders reserve flights, rental cars and hotels via Rocket Travel by Agoda’s booking technology and travel planning expertise. “Whether paying...

US Bank Purchases Healthcare Payments Firm Salucro
Acquisitions // August 22, 2024

U.S. Bank has acquired healthcare financial technology firm Salucro Healthcare Solutions. The 20-year-old Arizona company, which focuses on patient payments and billing, had been a partner of Elavon, U.S. Bank’s merchant acquiring unit, while the bank had initially invested in Salucro in 2022, the bank...

US Bank and Billtrust Partner on AR Platform for Suppliers
Accounts Receivable // July 23, 2024

U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s payment and risk management capabilities with Billtrust’s AR technology, the bank said in a Tuesday...

US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
Earnings // July 17, 2024

Bank earnings continue to show credit remains a key payments choice. U.S. Bancorp’s earnings, released Wednesday (July 17) indicated that within the company’s payment services segment, credit card payment volumes came in at $36.5 billion, up 4.6% year on year. The average loan balance, overall,...

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 Names Payment Services CFO Kristy Carstensen to Lead Global Treasury Management

November 25, 2024
U.S. Bank has appointed Kristy Carstensen, who was formerly its chief financial officer of Payment Services, as the new leader of its Global Treasury Management business. In her new role, Carstensen will also oversee the bank’s prepaid card organization, U.S. Bank said in a Monday (Nov. 25) press release. “Kristy’s leadership has been instrumental in our ability to continually […]

US Bank Launches Travel Planning Partnership With Booking.com

November 18, 2024
U.S. Bank has launched a travel booking platform for its credit card holders. The U.S. Bank Travel Center with Booking.com, announced Monday (Nov. 18), lets cardholders reserve flights, rental cars...

US Bank Purchases Healthcare Payments Firm Salucro

August 22, 2024
U.S. Bank has acquired healthcare financial technology firm Salucro Healthcare Solutions. The 20-year-old Arizona company, which focuses on patient payments and billing, had been a partner of Elavon, U.S. Bank’s...

US Bank and Billtrust Partner on AR Platform for Suppliers

July 23, 2024
U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s...