U.S. Bank

One banker’s take on the Consumer Electronics Show

01/11/19

Todder Moning of U.S. Bank scoured the 2.7 million square feet of the Consumer Electronics Show this week. Here’s what he liked, what he thinks bankers could work with ... and what he thought was weird.

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Can AI’s ‘black box’ problem be solved?

12/31/18

Bank technologists see the potential for AI in lending, money laundering detection, fraud and other areas. Regulators and bank executives insist on “explainability.”

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U.S. Bank, Citi freed from Obama-era enforcement orders

12/21/18

The Office of the Comptroller of the Currency announced Friday that it has lifted restrictions relating to U.S. Bank's flawed efforts to prevent money laundering and Citi's deceptive marketing and billing practices.

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Quicken's new credit card lets users track spending in real time

11/28/18

The card is being launched in partnership with U.S. Bancorp, which will handle the underwriting and provide the credit.

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Payday lender's emails tell a different story on Choke Point

11/12/18

Top executives at Advance America acknowledged that anti-money-laundering concerns at banks were likely the cause of account terminations, even as they publicly blamed a stealth regulatory campaign.

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There’s no excuse for ignoring the unbanked, big banks’ own data shows

11/05/18

Information about new account holders pulled from Bank of America, JPMorgan Chase, U.S. Bank, and Wells Fargo contradicts the notion that the previously unbanked turn into costlier customers.

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U.S. Bancorp to shed more than 700 jobs

10/24/18

The Minneapolis company said in an email to American Banker that it would reduce its headcount by approximately 1%, or about 740 positions, across the company.

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The way to Amazon- and Apple-style loyalty? Reinvent the branch

10/10/18

A reimagined local experience is the best way banks can forge emotional connections with their consumers, industry experts say.

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High-cost bank loans a step in the wrong direction

10/03/18

Banks are being encouraged to offer smaller loans as an alternative to payday products, but their high interest rates can still put consumers in debt.

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U.S. Bank takes on fintechs with new online loans, card for small businesses

09/25/18

The bank seeks to answer the threat posed by disruptors with quick online loans and a card that rewards small businesses for more kinds of spending.

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