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Tag: u.s. bancorp

Banks out to challenge Big Tech in brewing digital wallet war

With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and...

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U.S. Bank: Technology investments expected to level off in 2022

Technology investment was a major point of focus for U.S. Bank’s fourth-quarter earnings report, but the bank expects investments to remain level in 2022. The $573 billion bank made significant digital banking investments in Q4, acquiring MUFG Union Bank in an $8 billion deal, along with fintechs TravelBank and Bento. However, the level of investment […]

Wells Fargo, Bank of America and US Bancorp show growth in digital platforms

Wells Fargo, Bank of America and U.S. Bancorp all highlighted their digital growth and use of the payment platform Zelle in today’s earnings...

Trouble in pay-radise: Surveys show rising BNPL default rates

After a ‘Buy Now Pay Later’ summer, fintech enthusiasts are waking up to more than rising autumn Covid cases. According to a...

Ameren Illinois Announces Pricing of Green First Mortgage Bonds due 2051 and First Mortgage Bonds due 2023

ST. LOUIS, June 22, 2021 /PRNewswire/ -- Ameren Illinois Company, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public...

Gerry Anderson Elected EEI Chairman; Warner Baxter And Pedro J. Pizarro Elected Vice Chairmen

WASHINGTON, June 8, 2021 /PRNewswire/ -- Gerard M. "Gerry" Anderson, executive chairman of Detroit-based DTE Energy, today was elected chairman of the board of...

A New Era in Lending: Setting SMBs Up for Post-Pandemic Success

In 2020, the Federal Reserve along with the Small Business Administration (SBA) approved $523 million in Paycheck Protection Program (PPP) Loans and then...

HOW MANY BITCOIN WALLETS HOLD OVER A MILLION DOLLARS?

How many Bitcoin Wallets are holding a million dollars or more? The number of “bitcoin millionaires” is booming, but there’s still a lot of room for growth, which will propel the bitcoin price as well. Bitcoin has come a long way since its inception in 2009. With bitcoin’s market capitalization at just over $1 trillion, new […]

The post HOW MANY BITCOIN WALLETS HOLD OVER A MILLION DOLLARS? appeared first on CryptoClarified.

U.S. Bank, fifth biggest in America, to offer crypto custody product

U.S. Bank, which is part of the U.S. Bancorp and recognized as the fifth-largest bank in the United States, has said it will offer a new cryptocurrency custody product through a partnership with a sub-custodian that they are yet to name. With this, the Minneapolis-based lender has taken another huge step into the Bitcoin (BTC) […]

The post U.S. Bank, fifth biggest in America, to offer crypto custody product appeared first on BitcoinerX.

Magellan Midstream Prices $300 Million Debt Offering Due 2050

TULSA, Okla., Dec. 2, 2020 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has priced $300 million of its 3.95%...

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