News Topic: U.S. Bancorp
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U.S. Bancorp to acquire B2B payments provider Bento
U.S. Bank bets against Zoom fatigue in customer service
U.S. Bank racial equity bond aims to support affordable housing
U.S. Bank deal would double size of asset management unit
Plaid and U.S. Bank agree to share bank customer data through an API
Do Wells Fargo, U.S. Bancorp investigations signal a new era at CFPB?
CFPB investigating U.S. Bancorp over consumer sales practices
U.S. Bancorp bets on corporate payments rebound
U.S. Bancorp tool helps protect overambitious savers
The Minneapolis company teamed with the fintech Personetics to develop an automated-savings feature on its app that goes beyond most rival offerings by monitoring cash flow and spending to determine safe amounts to set aside. ]] ... Read full article
U.S. Bancorp adds banker to find sustainable investments for clients
Marcus Martin will be responsible for expanding sustainable investing options for the Minneapolis company's corporate and commercial customers. ... Read full article
John Grundhofer, former U.S. Bank CEO, dies at 82
The industry legend turned around a struggling Minneapolis company and even escaped a kidnapping to build the firm that is now the nation’s fifth-largest bank. ... Read full article
U.S. Bancorp names Oracle's Kimberly Ellison-Taylor to board
Ellison-Taylor, an expert in technology and finance and former chair of the American Institute of Certified Public Accountants, is the second Black woman and fourth person of color on the Minneapolis bank's board. ... Read full article
U.S. Bank accelerates branch closings as more customers go digital
Hundreds of branches temporarily shuttered during the pandemic are now permanently closed. ... Read full article
How U.S. Bank, People's United use tech to predict customer needs
The two banks are among those deploying advanced analytics to give customers advice before they may even know they need it. ... Read full article
U.S. Bancorp eyes another 15% reduction in branches
The Minneapolis company says the majority of branches earmarked for closing have already been shuttered for months due to the pandemic. Some of the savings will be plowed back into digital expansion. ... Read full article
Deposit glut could dog banks well into next year
The flood of liquidity that accompanied the pandemic recession isn’t likely to subside anytime soon. Banks will have to employ a mix of securities buying, hedging and other balance-sheet-management tricks to prop up margins longer than initially imagined. ... Read full article
‘Flat to slightly down’: 3Q loan demand disappoints
Banks reported decent loan growth in the spring and early summer as businesses rushed to draw down credit lines and tap the Paycheck Protection Program. But demand has been muted since, and bankers can only guess when it will pick back up. ... Read full article
Banks are stepping up tech for people with disabilities
U.S. Bank and Regions revamped their apps with accessibility in mind; JPMorgan Chase built a branch for customers who are deaf. Such efforts can help banks appeal to more customers in existing markets. ... Read full article
How U.S. Bank remade its summer internship for social-distancing era
The Minneapolis company, like other banks, moved its program for college students online because of the coronavirus pandemic. Here’s a look at what improved and what was lost. ... Read full article