From Nasdaq: 2025-06-16 12:07:00

U.S. Bancorp partners with Fiserv to integrate Elan Financial Services credit card program into Credit Choice solution, enhancing digital card issuance capabilities for financial institutions. The collaboration aims to provide a seamless, integrated experience for consumers and small businesses to manage both debit and credit cards in one platform.

Peter Klukken, head of credit card issuing for Elan Financial Services, highlights the groundbreaking integration of an agent card into client banking applications. The collaboration with Fiserv is set to accelerate this summer, aiming for full portfolio conversion by the end of 2025. Banks and credit unions will benefit from improved digital card solutions.

In a similar move, UBS partners with General Atlantic to focus on private credit opportunities, expanding access to direct lending and credit products for investing clients and borrowers. Citigroup collaborates with Google Cloud to modernize its technological infrastructure and enhance employee and client experiences through cloud-based apps, aiming to improve overall digital strategy and services.

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