This Buffalo-based bank was the highest-scoring regional bank to be tested.
The biggest US banks proved to the Fed they would all be able to withstand a severe global recession, demonstrating strength while they push regulators to adjust a set of proposed capital rules.
U.S. Bancorp's (USB) subsidiary, Elavon, launches a new Elavon Cloud Payments Interface API. The API is set to streamline digital and in-person payments for hotels and other hospitality entities.