FinovateSpring 2021 / U.S. Bank

Presenter Profile:

How they describe themselves: U.S. Bancorp, with 70,000 employees and $554 billion in assets as of December 30, 2020, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when, and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world.

How they describe their product/innovation: U.S. Bank Instant Card is a mobile app for employees and nonemployees alike that supports:

  1. Companies and their employees working from home, or site leaders tasked with re-opening offices, factories, and stores with the ability to procure home office equipment or essential PPE and cleaning supplies.
  2. Remote staff or contractors needing supplies to set up/maintain their home offices, pull permits to keep construction projects or utility field crews moving forward, open new facilities or simply as a means for replacing petty cash.

Product distribution strategy: Direct to Business (B2B)

Contacts

Bus. Dev.: Laretha Elliott Hulse, VP Product Development, Laretha.elliotthulse@usbank.com, 816-522-0834 & Jon Zimmerman, VP & Group Product Manager, jon.zimmerman@usbank.com, 612-436-6192
Press: Teri Charest, Media Relations, teri.charest@usbank.com, 612-303-0771 & Dan Endy, Media Relations, dan.endy@usbank.com, 763-742-2468


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