Visa is vowing to transform from a payments network to an open platform through the launch of a developer portal that gives banks, merchants and tech firms access to its technology, products and services.
U.S. Bank (NYSE: USB) is the first bank in the nation to offer its small business customers access to MasterCard’s Business Network in a fully customized, consolidated website that provides offers, advice and tools designed to help small businesses run efficiently and effectively.
The convenience, simplicity and security of Apple Pay are now available to customers who use U.S. Bank FlexPerks American Express Cards.
Approximately 70 percent of consumers across all generations (85 percent of millennials) believe banks that are current with the latest technology are more trustworthy than banks that lag; however, nearly 4 out of 5 Americans say when it matters most, they value people more.
Apple is in talks with some of America's biggest banks about launching a Venmo-style mobile person-to-person payments service, according to the Wall Street Journal.
MSA Pay saves precious time on the ground and in the back office.
US Bank is to offer an online expense reporting tool used by small business clients to its retail customer base, to help consumers make smarter decisions about their personal finances.
US Bank FlexPerks Visa customers can now use their mobile device to instantly redeem FlexPoints for a statement credit that offsets their recent FlexPerks Visa credit-card purchase.
U.S. Bank has launched VantagePoint, a comprehensive online receivables management tool that integrates multiple payment types into a single portal to help clients solve many long standing challenges associated with exception management, cash application and reporting.
Buoyed by a strong start in Korea, consumer electronics giant Samsung has launched its mobile payments service in the US, with support from the three major card schemes and banking giants Citi, Bank of America and US Bank.
© Finextra Research 2016