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U.S. Bank Announces Amazon Alexa Integration

Bank Innovation

The Minneapolis-based bank ran an employee pilot over the summer and initiated work on the Alexa skill earlier in 2017, said Gareth Gaston, executive vice president and head of omnichannel banking at U.S. […]. EXCLUSIVE- U.S.

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US Bank’s Venturo: Hackathons can reveal banks’ shortcomings

Bank Innovation

According to Dominc Venturo, chief innovation officer at U.S. Venturo said the bank, which is headquartered in Minneapolis and has $467 billion in assets, looks at three criteria when launching any new innovation effort, including improved customer experience; added […].

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Startup Branch wants to build a money services platform for hourly workers

Bank Innovation

Among them, Minneapolis-based Branch is working with employers to offer such employees digital money management tools and a portion of a worker’s paycheck in advance. With the growth of digital finance tools, a group of startups is looking to reach those who may be left behind, namely hourly workers.

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U.S. Bank Reaching Beyond Branches as 71% of Active Customers Are Now Digital

Bank Innovation

Bank executives, during the first-quarter earnings call today, outlined a strategy to extend relationships with customers outside the Minneapolis-based bank's physical footprint. Coming off the launch of a revamped mobile app and the hiring of the bank's first chief digital officer, U.S.

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Frictionless Payments And Top Mobile Banking Innovation

PYMNTS

In meetings and calls with analysts last week, executives from top banks such as Bank of America , JPMorgan Chase and Citi — along with payment companies such as Visa — explained how they are leveraging technology to drive innovation. Bank of America. The bank is also heading to cities in Ohio as well as Pittsburgh. JPMorgan Chase.

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U.S. Bank branch restructuring is underway with closures in Chicago area

Bank Innovation

The Minneapolis-based regional bank currently has more than 3,000 bank branches in 26 states, but it is looking to reduce […]. Bancorp is closing 21 branches in the Chicago area as part of a restructuring plan to expand its physical footprint in some markets while shrinking its presence in others, bank spokesman Evan Lapiska confirmed.

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With Curfews Descending, Uber And Others Suspend Services

PYMNTS

The protests have broken out in response to the killing of George Floyd, an unarmed black man, by a police officer in Minneapolis last week. Now, Uber has suspended its operations in Los Angeles, Oakland, San Francisco and parts of Minneapolis during the curfew hours for the time being.