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,...
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...
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...
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...
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 […]
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 (July 23) press release. The platform is designed to help […]
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...
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,...
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...
