FinTech: U.S. Bank Launches Cash Flow Projection Tool For SMBs

October 5, 2022 | FinTech, News

Small business owners get a new ‘line of sight’ into future cash flows with the new tool from U.S. Bank

A new online banking tool from U.S. Bank (NYSE: USB) will enable small businesses to forecast their cash flows for the next 90 days, as well as get a 90-day historical view. Businesses can even use both internal and external data sources to gain more comprehensive cash flow insights, said a statement from U.S. Bank. (Businesswire)

The bank has incorporated the new cash flow tool into ‘U.S. Bank’s Business Essentials’, an integrated “all-in-one” suite of banking and payments solutions that are simple and convenient for businesses to use to manage and run their operations. The cash flow tool can be accessed by clients from within their online dashboard.

“Cash flow is a top concern for today’s business owners. Giving our clients the ability to forecast their cash flow outlook, including, in the future, the capability to consider various scenarios, will provide them with vital information to make smart decisions for today and the future,” said Irv Henderson, U.S. Bank’s Chief Digital Officer for Small Business.

Related Story: US Bank Subsidiary Elavon Launches Talech Register, An All-In-One Payments And Analytics Platform

Feature Image by Ibrahim Boran on Unsplash

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Venture Capital: Swedish Electric Self-Driving Truck Start-up Einride Lands $500M
December 8, 2022     ESG and Sustainability, News, Venture Capital

Einride, the Swedish electric self-driving truck start-up, announced a raise of $500 million comprising an equity-based $200 million Series C portion from investors including Northzone, EQT Ventures, Temasek, Swedish pension…
FinTech: Brazil’s MercadoLibre To Process Business Payments On WhatsApp
December 8, 2022     FinTech, News

Pedro Arnt, CFO at Latin American e-commerce retailer and fintech firm MercadoLibre (NASDAQ: MELI) is in discussions with Meta (NASDAQ: META) to process payments in Brazil on the latter’s WhatsApp…
Alternative Investments/Real Estate: Dimensional Launches Global Real Estate ETF
December 8, 2022     Alternative Investments, News, Real Estate

Dimensional Fund Advisors has added a real estate ETF to its ETF line-up. The Dimensional Global Real Estate ETF offers investors the opportunity to invest in a variety of US…
Artificial Intelligence: Soon, A New York Festival For AI-Created Films
December 8, 2022     Artificial Intelligence, News

Runway ML, the company behind text-to-image AI system Stable Diffusion, is hosting a festival of short films made using AI. Films with a runtime of between one and 10 minutes…