Profit From U.S. Bancorp’s New Mobile Push Now
U.S. Bancorp (USB) is really trying its best to make life easy for its customers by integrating mobile solutions into its strategy.
This is something that goes quite a long way toward making the company stand out from the other financial powers that function at a similar level. In this day and age, people are simply more likely to choose the bank that offers mobile solutions for making their lives substantially easier.
Recently, the bank has released no less than three different mobile banking options for its clients. The first is its new banking app for iPad users, the second is a “co-branded credit card application” for the Android platform, and the third is its MobileMerchant payment solution. To me these types of innovations seem like an obvious way forward for banks. At least, they seem obvious in retrospect now that U.S. Bancorp marks itself as one of the banks that have taken the lead on the initiative. This is something that I think banks will have to start competing at in the very near future in order to continue being relevant players in the financial game. Customer convenience and satisfaction is a huge differentiating factor that separated the successful banks form those that are struggling. Wells Fargo (WFC) and JPMorgan Chase (JPM) are among the other banks with similar products on the market. However, I feel that U.S. Bancorp is successfully competing with these other players.To continue reading, click here.