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U.S. Bank Partners with Viewpost to Provide Small Business Owners with Fast and Secure Electronic Invoices and Payments

MAITLAND, Fla. & MINNEAPOLIS--(BUSINESS WIRE)--Nov. 5, 2014-- Viewpost North America (Viewpost) today announced a partnership with U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB). Guided by a co-branded microsite hosted on the U.S. Bank website (usbank.com/viewpost), small business customers can easily connect their bank accounts to the Viewpost® network where they can also connect to their trading partners to exchange electronic invoices and payments with unprecedented speed and efficiency. This partnership aligns with Viewpost’s commitment to making everyday business simple, fast and secure.

“We're honored to become an integral part of U.S. Bank small business offering,” said Max Eliscu, Founder and CEO of Viewpost. “We believe this partnership will benefit the day-to-day operations of small business owners and greatly improve the way small businesses send and receive electronic payments.”

U.S. Bank has made this solution available to all 1.3 million existing small business customers. The Viewpost network is free to join, and enables any size company to securely connect with any trading partner to send, receive and manage electronic invoices and payments.

“U.S. Bank continues to look for innovative solutions that help small business customers not only improve their day to day banking, but also their day to day business,” said Jeff Parker, SVP of Small Business Product and Strategy at U.S. Bank. “Viewpost presents a transparent and unified approach to electronic payments and invoice management, and we are pleased to be one of the first banks to partner with Viewpost.”

Viewpost offers a secure network that's free to join, eliminating the usual barriers to adoption, such as cost complexity, incentive and lack of technological sophistication. Connecting to the network and using the service requires no purchase of new software or hardware, no consumption of IT resources, and no change to existing business processes.

U.S. Bank is one of the top small business banks in the United States, consistently ranking among the top banks nationally for Small Business Administration (SBA) lending. In addition to its products and services, U.S. Bank provides advice and networking opportunities to business owners of varying sizes and stages of their business life through U.S. Bank Connect™ www.usbankconnect.com. The company also produces an annual report of small business owners’ views on the economy and their business in the U.S. Bank Annual Small Business Survey. For more information on U.S. Bank’s full service offering to small businesses visit www.usbank.com/smallbusiness.

About Viewpost
Viewpost North America believes time is precious and irreplaceable. Viewpost brings visibility, efficiency and simplicity to the everyday exchange of invoices and payments through a secure business network of opportunities designed to empower any size business. Founded in 2011, Viewpost is headquartered in Maitland, Fla., with additional offices in Minneapolis and Seattle. Visit them online at Viewpost.com.

About U.S. Bank
U.S. Bancorp (NYSE: USB), with $391 billion in assets as of Sept. 30, 2014, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,177 banking offices in 25 states and 5,026 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.

Source: U.S. Bank

Media contacts:
Teri Charest, 612-303-0732
U.S. Bank Corporate Communications
teri.charest@usbank.com
or
Russ Stark, 612-325-3969
Viewpost Director of Brand
rstark@viewpost.com
or
Bill Porter, 415-601-7993
Fleishman Hillard Vice President
bill.porter@fleishman.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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