US Bancorp Looking for Mobile Payments Acquisitions
US Bancorp officials said during this morning’s fourth-quarter earnings call that it is looking for acquisitions in mobile payments, adding that it one of the few areas of “innovation” in banking today. Officials did not identify any targets, but largely ruled out acquisitions of other, more traditional banking assets, arguing that the bank was solid as is.
We’ll provide the actual transcript of the statements on the the bank’s acquisition strategy within 48 hours.
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