Group 1 - U.S. Bancorp (USB) has partnered with Fiserv (FI) to integrate its Elan Financial Services credit card program into Fiserv's Credit Choice solution, enhancing digital card issuance capabilities for financial institutions [1][8] - The integration supports USB's digital-first strategy, allowing consumers and small businesses to manage both debit and credit card accounts within a unified digital platform [2][8] - The collaboration is expected to accelerate this summer, with full conversion of the portfolio targeted by the end of 2025, and digital card solutions to be integrated by the first half of 2026 [3][8] Group 2 - USB shares have increased by 3.1% over the past three months, outperforming the industry's growth of 0.6% [4] - USB currently holds a Zacks Rank of 3 (Hold) [6] Group 3 - Other financial firms are also pursuing similar strategic partnerships, such as UBS Group AG's collaboration with General Atlantic to focus on private credit opportunities [9][10] - Citigroup, Inc. has entered a multi-year agreement with Google Cloud to support its digital strategy through cloud technology and AI, aiming to modernize its technological infrastructure [11][12]
US Bancorp Partners With Fiserv to Expand Digital Agent Card Issuance