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US Bank Unveils Mobile Wallet

The downloadable mobile banking application uses Firethorn mobile banking technology

US Bank, the subsidiary of US Bancorp, has launched Mobile Wallet, a new free downloadable mobile banking application that allows banking access on the go to its customers. The bank is collaborating with Firethorn Holdings, a Qualcomm company, to provide the technology behind the Mobile Wallet.

Reportedly, the Mobile Wallet allows US Bank customers to check balances, review transaction history, transfer funds between accounts, check rewards balances and view special offers from US Bank.

Mac McCullough, executive vice president for the enterprise revenue office at US Bank, said: “US Bank is committed to building out the mobile channel for our customers, and the addition of Firethorn’s mobile banking application to our product set completes our suite of mobile offerings and maximizes choice and flexibility for our customers. Firethorn is a trusted provider to U.S. Bank and our collaborative relationship positions us to be at the vanguard of new developments in the marketplace.”