In addition, U.S. Bank now offers its customers the ability to request money, which is good for families with kids in college, or as a way to eliminate the awkwardness and hassle of collecting money from another person or a group. Another enhancement recently offered by U.S. Bank enables customers to make the gift of money much more personal. Customers select virtual cards to attach to payments made over email for special occasions such as birthdays, graduation or holiday gifts.Popmoney is currently offered at more than 2,000 banks and credit unions, more than 800 of which offer Popmoney via the Mobiliti™ mobile banking service from Fiserv. More than 150 financial institutions have signed up for the Popmoney Instant Payments feature. With Popmoney, consumers can send money to and receive money from friends, family and others they know or owe using their existing bank account *. Person-to-person payments are available to and from U.S.-based bank accounts. The PEP+ solution through which U.S. Bank is enabling real-time payments allows financial institutions to automatically receive and originate payments through the ACH network. More than half of America’s 22 billion ACH payments are processed using PEP+ software from Fiserv. *Terms and Conditions Apply. Popmoney® personal payment services offered at Popmoney.com are provided by or through CheckFreePay Corporation, a licensed money transmitter, and/or its affiliate CheckFreePay Corporation of New York, which is licensed and regulated as a Money Transmitter by the New York State Department of Financial Services, each of wholly owned subsidiary of Fiserv, Inc. Instant receipt of funds depends on network availability and for non-Popmoney financial institutions, depends on the funds availability policy of the financial institution. About U.S. Bancorp U.S. Bancorp (NYSE: USB), with $371 billion in assets as of March 31, 2014, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,083 banking offices in 25 states and 4,878 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.
About FiservFiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com. FISV-G