U.S. Bank

First National Bank of Cincinnati opened for business. As regional banks proliferated across the country in the years that followed, a number of other predecessors were born. After a series of mergers at the turn of the 21st century, we formally took on the U.S. Bank name and established our headquarters in Minnesota. Today, U.S. Bank is the fifth-largest bank in the country, with 74,000 employees and $467 billion in assets as of December 31, 2018.

Source: usbank.com

Bank-Owned Travel Portals Proliferate as Banks and Cardholders Seek Direct Relationships
Bank-Owned Travel Portals Proliferate as Banks and Cardholders Seek Direct Relationships
March 21, 2023  |  Loyalty & Rewards

Decades of earning miles and points for booking travel on various credit cards has led to the inevitable rise of bank-owned travel portals to use...

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Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
January 30, 2023  |  Digital Payments

One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital...

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NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

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Today in B2B Payments: 2 Firms Add New Services for SMBs
Today in B2B Payments: 2 Firms Add New Services for SMBs
October 04, 2022  |  B2B Payments

Today in B2B payments, Mastercard announces new and expanded benefits available to its small- to medium-sized business (SMB) cardholders, while U.S. Bank adds a cash...

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US Bank Taps Citi’s Milena Kohlhofer to Run Blockchain Unit
US Bank Taps Citi’s Milena Kohlhofer to Run Blockchain Unit
September 27, 2022  |  Blockchain

U.S. Bank has created a position to help it use blockchain to improve efficiencies in its capital markets business. According to a Tuesday (Sept. 27)...

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US Bank’s Elavon Adds POS Platform That Handles Payments, Analytics 
US Bank’s Elavon Adds POS Platform That Handles Payments, Analytics 
September 01, 2022  |  POS Innovation

U.S. Bank subsidiary Elavon has launched a point-of-sale (POS) platform for small businesses called the talech Register that handles both payments and businesses’ analytics.  “The...

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US Bank Helps Car Dealers Deliver Instant Funding
US Bank Helps Car Dealers Deliver Instant Funding
August 09, 2022  |  Loans

U.S. Bank can now provide loan funds to car dealers immediately after a loan contract is finalized by the bank, according to a Tuesday (Aug....

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CFPB Fine Prompts Senators to Demand More Info From US Bank 
CFPB Fine Prompts Senators to Demand More Info From US Bank 
August 08, 2022  |  CFPB

Several Democratic senators fired off a letter to U.S. Bank CEO Andrew Cecere demanding additional information after the Consumer Financial Protection Bureau (CFPB) fined the...

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CFPB Slaps U.S. Bank With $37.5M Fine Over Unauthorized Accounts
CFPB Slaps U.S. Bank With $37.5M Fine Over Unauthorized Accounts
July 28, 2022  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) hit U.S. Bank with a $37.5 million consent order for illegally accessing customers’ credit reports and personal information to open accounts...

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