Search Results for "U.S. Bank"
20 results for "U.S. Bank"
Deals 20
Elavon and Liberis Expand Partnership to Launch Quick Capital in Canada
Elavon, a U.S. Bank subsidiary, expanded its partnership with embedded finance platform Liberis to launch Quick Capital, a seamless funding solution for small businesses across Canada. Liberis provides embedded financial products through vertical SaaS providers, marketplaces, and payment processors. The partnership strengthens embedded lending within merchant ecosystems.
Treasury Prime joins U.S. Bank Connected Partnership Network
Treasury Prime announced it joined the U.S. Bank Connected Partnership Network, adding U.S. Bank to its network of over 15 financial institutions. The partnership provides U.S. Bank treasury clients with Treasury Prime's subledger and AI reconciliation tools via a single API. This marks a significant enterprise-grade expansion for Treasury Prime's embedded banking platform.
U.S. Bank Avvance Launches Customized Embedded Financing for Partners
U.S. Bank Avvance launched a customized embedded financing offering for partner institutions. The product enables partners to integrate U.S. Bank's lending capabilities into their own platforms. This expands U.S. Bank's embedded finance strategy beyond payments and accounts into lending.
U.S. Bank Launches Embedded Payroll Solution for Small Businesses
U.S. Bank launched an embedded payroll solution integrated directly into its online banking platform for small business customers. The product allows small businesses to manage payroll within their existing banking experience. This represents a major bank embedding fintech-like payroll capabilities natively.
U.S. Bank and Fiserv Partner on Digital Credit Card Solution
U.S. Bank's Elan Financial Services and Fiserv announced a sponsor bank partnership integrating Elan's credit card program into Fiserv's Credit Choice platform. The solution combines credit and debit card capabilities for over 100 Fiserv financial institution clients. Rollout begins summer 2025 with full portfolio conversion expected by year-end.
U.S. Bank Expands Embedded Payments Suite for Fintechs and Platforms
U.S. Bank announced an expansion of its Embedded Payment Solutions, integrating secure real-time payments into platforms for fintechs, apps, and enterprises. The suite includes for-benefit-of (FBO) accounts and instant payments capabilities. This positions U.S. Bank as a major BaaS infrastructure provider for non-bank platforms.
FIS Launches Cloud-Native Money Movement Hub for U.S. Banks
FIS launched its Money Movement Hub on May 1, 2025, a cloud-native payments platform with universal APIs designed for U.S. banks. The hub unifies money movement, fraud controls, and scalable integrations into a single platform. It aims to modernize bank payments infrastructure and enable faster fintech and third-party integrations.
U.S. Bank Avvance Partners with Magwitch to Expand Point-of-Sale Lending
U.S. Bank's Avvance platform partnered with Magwitch to expand its point-of-sale lending offering to more customers across 1,100+ merchants. The partnership integrates installment lending into white-label platforms, broadening embedded finance options for merchants. This represents a significant bank-fintech collaboration in the lending-as-a-service space.
Zenus Bank Launches Global BaaS Platform with Tuum Integration
Zenus Bank integrated Tuum's Accounts and Payments modules into its technology ecosystem to launch a global BaaS platform. The platform enables banks, fintechs, super apps, and businesses in over 120 countries to embed U.S. banking services. Tuum indicated it had over a dozen BaaS partnerships in development, with many expected to go live in Q4 2024.
U.S. Bank Acquires Salucro to Enhance Healthcare Payment Solutions
U.S. Bank acquired Salucro, a healthcare payments technology provider, to strengthen its embedded payment capabilities in the healthcare vertical. The acquisition enables U.S. Bank to offer more integrated payment solutions for healthcare providers. This represents a bank expanding its embedded finance reach into specialized industry verticals.
VersaBank Receives Fed Approval to Acquire Stearns Bank Holdingford
Canadian digital bank VersaBank received Federal Reserve approval to acquire Stearns Bank Holdingford, a small OCC-chartered bank with $78M in assets. The deal gives VersaBank a U.S. bank charter to expand its digital lending operations into the American market. OCC approval was expected shortly after.
U.S. Bank Launches Connected Partnership Network for Embedded Banking
U.S. Bank unveiled its Connected Partnership Network, an online marketplace of integrated third-party payment and treasury tools. The platform supports embedded banking for cash management, ERP systems, and real-time payments. It leverages fintech partnerships to deliver seamless financial integration for commercial clients.
Federal Reserve Launches FedNow Instant Payment Service
The Federal Reserve launched the FedNow® Service, enabling 24/7 real-time transactions across the U.S. banking system. The launch modernizes U.S. payment infrastructure and represents a transformational moment for the fintech industry. FedNow provides an alternative to the existing RTP network operated by The Clearing House.
Apiture Launches Business Insights via Monit Integration for Digital Banking
Apiture introduced Business Insights, a digital banking feature integrated with Monit, providing cash flow analysis, forecasting, and business health insights. The feature supports embedded banking strategies for U.S. banks and credit unions. This partnership enhances the digital banking toolset available to community financial institutions.
U.S. Bank and Microsoft Partner to Embed Payments in Cloud Platforms
U.S. Bank and Microsoft announced a partnership on February 22, 2022, to embed payment capabilities into Microsoft's platforms. The collaboration aims to accelerate cloud-based banking innovations including invoicing and business payments.
Raisin Partners with MapleMark Bank for U.S. BaaS Expansion
German fintech Raisin announced its first U.S. banking-as-a-service partner, Dallas-based MapleMark Bank, following 18 months of preparation for U.S. market entry. The partnership enables Raisin to offer its savings marketplace product to American consumers. This marks a significant transatlantic expansion for the European deposit marketplace platform.
PNC Completes $11.6 Billion Acquisition of BBVA USA
PNC Financial Services completed its $11.6 billion all-cash acquisition of BBVA USA, creating the fifth-largest U.S. retail bank with over $550 billion in assets. This was the second-largest U.S. banking acquisition since the 2008 financial crisis. The deal significantly expands PNC's geographic footprint across Sun Belt states.
PNC Acquires BBVA's U.S. Banking Subsidiary for $11.6 Billion
PNC Financial Services agreed to acquire BBVA's U.S. subsidiary for $11.6 billion in cash, creating the fifth-largest U.S. bank by assets at approximately $550 billion. The deal expanded PNC's footprint into key markets including Texas, Alabama, Arizona, and Florida with expected $900 million in annual cost savings.
Truist Financial Launches Dedicated Fintech Venture Capital Division
Truist Financial Corporation, the sixth-largest U.S. bank, unveiled Truist Ventures as its dedicated venture capital division focused on fintech investments. The launch was announced alongside its first investment in payments platform Veem. This signals Truist's strategic commitment to bank-fintech partnerships.
Google Partners with BMO and BankMobile for Digital Bank Accounts via Google Pay
Google expanded its digital banking initiative by partnering with six additional U.S. banks, including BMO and BankMobile, to offer digital bank accounts managed through Google Pay. The partnerships leverage BaaS infrastructure to embed banking services within Google's ecosystem. This signals big tech's deepening engagement with bank-fintech distribution models.