MINNEAPOLIS, July 23, 2024--U.S. Bank today introduced a comprehensive accounts receivable (AR) platform to help suppliers accelerate cash flow, cut costs through automation and deliver better payment experiences. Created in partnership with Billtrust, U.S. Bank Advanced Receivables brings together the bank’s leading payment and risk management capabilities with Billtrust’s top AR technology to improve the intricate business-to-business (B2B) receivables process.
U.S. Bancorp (USB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
U.S. Bancorp, a major financial services company, provides various banking and financial products and services in the United States. The company's services include lending and depository services, cash management, foreign exchange, and trust and investment management services. The price-earnings ratio of U.S. Bancorp is 14.10, which is above the industry median of 10.12.