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Business Banking Review Names U.S. Bank Mobile Photo Bill Pay "Best Technology Initiative in Banking"

MINNEAPOLIS--(BUSINESS WIRE)--Dec. 17, 2013-- Banking Business Review has given U.S. Bank top honors for its Mobile Photo Bill Pay as the “Best Technology Initiative in Banking” for 2013.

“Consumers use the mobile device for a whole host of activities, which continue to grow as smart phones get smarter,” said Niti Badarinath, senior vice president and head of mobile banking at U.S. Bank. "Our customers are interested in using their smartphones to do everything from checking their balances or paying a bill to depositing checks and sending money to other people. And more recently, to use their phone's camera to image their bills and card statements to pay bills and transfer card balances."

The editors of Business Banking Review selected U.S. Bank Mobile Photo Bill Pay from a shortlist created through industry insight from its internal analyst team, searching for the most innovative and progressive new technology ideas in the banking industry. The full article is available at http://onlinebanking.banking-business-review.com/news/us-banks-mobile-initiative-wins-banking-business-review-award-191113. Business Banking Review is a global media service that has been covering banking for 10 years.

U.S. Bank has been a pioneer in mobile and photo banking, starting with mobile deposits in 2010, Mobile Photo Bill Pay in March 2013 and then mobile photo balance transfer, which was announced in the fall of 2013. For more information on all of the mobile features offered by U.S. Bank, visit www.usbank.com/mobile.

U.S. Bancorp (NYSE:USB), with $361 billion in assets as of Sept. 30, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The company operates 3,088 banking offices in 25 states and 4,937 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 www.usbank.com.

Source: U.S. Bancorp

Teri Charest, U.S. Bank Public Relations
(612) 303-0732, teri.charest@usbank.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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