First Data and JCB Help Discover Grow Acceptance at Key Merchants RIVERWOODS, Ill. & TOKYO January 18, 2018 –(BUSINESS WIRE)– Discover Global Network, the payments brand of Discover Financial Services, will expand card acceptance at key merchants in Hong Kong by working with First Data and JCB International, the international operations subsidiary of JCB Co., […]
Executive Chairman Richard Davis to retire from the Board of Directors at Annual Shareholders Meeting. MINNEAPOLIS – JANUARY 16, 2018 – U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, the fifth largest commercial bank in the United States, announced today that Andy Cecere, President and Chief Executive Officer (CEO), has been named Chairman of […]
Capital commitment accelerates digital business transformation WINSTON-SALEM, N.C., Jan. 16, 2018 /PRNewswire/ — BB&T Corporation (NYSE: BBT) today announced it will set aside up to $50 million to invest in and/or acquire emerging digital technology companies to benefit and delight clients and lower operating costs. These investments will also secure a competitive advantage for BB&T […]
Investments include special bonuses, raises and health care enhancements for employees. MINNEAPOLIS – JANUARY 02, 2018 – U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced investments today in its employees, the U.S. Bank Foundation and several strategic projects as a result of the tax reform package. Management has made the following decisions: A […]
WINSTON-SALEM, N.C., Dec. 22, 2017 /PRNewswire/ — BB&T Corporation (NYSE: BBT) today announced additional investments in its associates and communities made possible through the tax reform package recently signed into law. In light of the new corporate tax rate deductions, BB&T’s Executive Management team has made the decision to share some of the related benefits […]
CLEMMONS, N.C., Dec. 19, 2017 /PRNewswire/ — Sheffield Financial, a division of Branch Banking and Trust Company, and Kawasaki Motors Corp., U.S.A. (KMC), recently agreed to a multi-year financing services agreement, effective immediately. The agreement allows Sheffield to provide consumer financing services to customers of KMC’s independent dealer network. The contract covers installment financing for […]
HOUSTON, Nov. 30, 2017 /PRNewswire/ — BB&T Scott & Stringfellow announced today it is opening its first office in Houston on the 16th floor at Two Allen Center, 1200 Smith St., on Dec. 1. The office, which is being opened by industry veterans Will Kopp and Chris Cookson, will be moving to a permanent location […]
A Digital Tool to Deliver Information and Education to Commercial Card Clients CHARLOTTE, NC – November 15, 2017 – Bank of America Merrill Lynch today launched Card Assistant, a digital tool that transforms the way information and education are delivered to its global commercial card clients. Card Assistant enables time-pressed program administrators to access industry and […]
U.S. Bank among first banks to use The Clearing House’s new real-time payments system. MINNEAPOLIS – NOVEMBER 14, 2017 – Yesterday, The Clearing House (TCH) launched RTP®, its real-time payments system, the first new core payments infrastructure in the U.S. in more than 40 years. The new RTP system was designed and built through the […]
Area Entrepreneurs Plan to Use Loan Funding to Invest in New Technology WASHINGTON, D.C. November 14, 2017 – As the year comes to a close, entrepreneurs in the greater Washington area are expecting strong year-end revenues, and they are projecting that growth to continue in the year ahead. According to the fall 2017 Bank of […]