U.S. Bank announced the appointment of two senior industry leaders to its Payments: Merchant and Institutional (PMI) team as part of its broader payments transformation strategy. The additions are aimed at strengthening sales distribution and enterprise-wide strategy across merchant acquiring, card issuing, and money movement services for mid-market and large institutional clients.
The announcement highlights that U.S. Bank has made payments transformation one of its core strategic growth priorities, alongside organic growth and expense management. The newly created PMI Sales Distribution team is designed to deliver a more holistic, relationship-driven approach to serving large business and institutional clients by aligning payments expertise with client needs.
