U.S. Bank continues to grow its business across multiple prepaid market segments, including corporate, consumer, government and campus. Some of the prepaid products that U.S. Bank offers include payroll, general purpose reloadable (GPR), government disbursements, gift, incentives, reward, and campus cards.Upon completion of the acquisition, FSV will operate under U.S. Bank’s Elan Financial Services brand. The acquisition is expected to close in December, pending regulatory approval. Financial terms of the transaction were not disclosed.
U.S. Bank Acquires FSV Payment Systems
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