Us Bancorp Stock Price, News & Analysis

U.S. Bank (USB) has expanded its partnership with Gonzaga University by launching a new Visa® Debit Card design featuring College Hall, the campus' oldest building, on May 11, 2025. The design was chosen through a student voting process where over 800 students participated. As part of their long-standing partnership, U.S. Bank contributes $75,000 annually to Gonzaga's general scholarship fund and maintains a branch in the university's John J. Hemmingson Center since 2006.

This marks Gonzaga's first U.S. Bank debit card design and becomes the tenth school featured in the program since its inception in 2020. The program has attracted over 100,000 customers who have chosen to display their school pride on their debit cards.

• Support in 12 languages with 24/7 technical assistance
• Ability to process payments in 80+ currencies with Dynamic Currency Conversion
• PCI DSS certification for transaction security
• Integration with popular e-commerce platforms

Elavon, a global payment processing leader, has partnered with Jscrambler to enhance PCI DSS compliance for over 400 merchants in its network. The collaboration focuses on meeting PCI DSS requirements 6.4.3 and 11.6.1, addressing the growing threat of web skimming attacks, which saw a 103% surge in Magecart infections during H1 2024.

Jscrambler's Client-Side Protection and Compliance Platform offers key features including script management, skimming prevention, tamper detection, hybrid architecture deployment, and access to PCI DSS experts. The partnership combines Elavon's payment processing expertise with Jscrambler's security technology to strengthen payment security and maintain compliance efficiently.

U.S. Bank (USB) has announced that Pure Finance Group has integrated Avvance, U.S. Bank's real-time point-of-sale lending solution, into its home improvement lending platform. This marks the second partnership for Avvance, supporting Pure Finance's expansion into the HVAC segment. Pure Finance, founded in 2018, has served over 20,000 homeowners through its contractor-focused lending platform.

Avvance, launched in October 2023 as U.S. Bank's first real-time consumer lending product, provides APR-based consumer term loans at point-of-sale, initially focusing on home improvement and healthcare sectors. As the 5th largest commercial bank in the United States, U.S. Bank aims to continue expanding Avvance's innovative point-of-sale solution to additional segments.

U.S. Bank has introduced the new U.S. Bank Shield™ Visa® Card, featuring a market-leading 0% APR introductory offer on purchases and balance transfers for 24 billing cycles (variable APR of 17.74% to 28.74% thereafter). The no-annual-fee card offers comprehensive protection benefits including cell phone protection up to $600, auto rental collision coverage, extended warranty protection, and purchase security.

The card provides 4% cash back on prepaid travel bookings through U.S. Bank Travel Rewards Center and a $20 annual statement credit after 11 consecutive months of purchases. Designed with a sleek, clear plastic aesthetic, this card aims to attract value-conscious consumers seeking both protection and security features.

U.S. Bank (USB) has announced the consolidation of its Global Fund Services and Global Corporate Trust teams into a unified Investment Services division under the leadership of Jay Martin. The new division will provide customized services including fund administration, custody, investor servicing, trustee services, and corporate escrow to various client segments.

Martin, who joined the bank in 2023 to lead Global Fund Services, brings three decades of financial services experience from previous roles at Citco, Citi, SWIFT, and Bank of New York Mellon. The bank maintains the #1 market share in Corporate Trust markets, while its Fund Services business continues to expand with new capabilities to address client needs.