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.
U.S. Bank Global Corporate Trust Services, one of the country’s largest document custodians, is partnering with eOriginal to provide custodial services for firms issuing securities backed by digital assets.
Samsung will introduce its mobile payments service in South Korea later this month, with Visa, MasterCard and several major banks onboard for a US launch in September.
US Bank is launching Your Community, a geo-location based app, providing unique resources and information for consumers.
© Finextra Research 2015