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Cincinnati/Northern Kentucky International Airport Selects U.S. Bank as Its Depository
Publish Date : 1/7/2008 3:40:00 AM Source : IT and Management News Onlypunjab.com
U.S. Bank has been awarded the depository and treasury management services business for the Kenton County Airport Board, operator of the Cincinnati/Northern Kentucky International Airport. Sheila Hammons, the airport’s senior director of finance, said that for the next five years, U.S. Bank will also provide institutional trust and custody services. As part of the arrangement, the airport will use U.S. Bank’s SinglePoint treasury management platform and business credit card services.
Jim Schwab, U.S. Bank Cincinnati market president, said, “This was truly an opportunity for U.S. Bank to showcase its team of talented bankers and I want to commend Dave Smith, vice president of government banking, and Sharen Ritter, vice president of treasury management, who were instrumental in leading our efforts to help make this partnership with the airport possible.” Dan Groneck, U.S. Bank Northern Kentucky market president added, “Everyday we stand by our guarantee to help individuals, institutions and companies, both large and small, to make the most of their money, while providing technological innovation and a strong customer service focus.”
According to Schwab, the SinglePoint platform was developed by U.S. Bank’s treasury management division to integrate the bank’s powerful banking services into a secure, easy-to-use web site. “By accessing our bank’s complete suite of treasury management services from a single point, customers are better able to manage their financial position by monitoring account activity, retrieving information, creating reports and viewing images.” He noted that U.S. Bank’s One Card program, issued in conjunction with Visa, gives companies the opportunity to merge separate employee expense cards into one and integrate travel, fleet and purchasing transactions into an existing payment system. U.S. Bank Institutional trust and custody division has over $1 trillion in assets under administration is a top 10 custodian with 30 coast-to-coast offices.
CVG, as the Cincinnati/Northern Kentucky Airport is known on luggage tags throughout the world, offers nonstop service to 120 cities, nearly three times the number of destinations served by the five surrounding airports combined.
U.S. Bancorp (NYSE:USB), with $228 billion in assets, is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,512 banking offices and 4,870 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 www.usbank.com. |
Voxeo Announces Profitable 2004 - Accelerated by Strong Fourth Quarter Growth
Publish Date : 1/26/2005 1:10:00 PM
Voxeo Corporation, the leading provider of standards-based VoiceXML and CCXML IVR platforms and IVR hosting, announced today that it achieved profitability in 2004....
Matrix VC to invest in Indian tech firms
Publish Date : 1/26/2005 12:29:00 PM
Matrix Partners, the US-based leading venture capital firm, is scouting for technology start-ups and IT firms in the Indian subcontinent to make strategic investments.
Kochi info-tech venture not clinched
Publish Date : 1/26/2005 12:23:00 PM
A Rs-15 billion info-tech venture at Kochi with Dubai Internet City is yet to be cleared, Kerala Chief Minister Oommen Chandy said Tuesday.
Help just a call away for call centre workers
Publish Date : 1/26/2005 10:48:00 AM
Help may be finally at hand for scores of young call centre industry professionals in India who increasingly fall prey to ailments like insomnia, depression and digestive ....
New Edge Networks Hosts 2nd Seminar Series on Building Broadband Networks
Publish Date : 1/24/2005 12:42:00 PM
New Edge Networks will host its second cross-country seminar series for encouraging business customers and communications resellers how to build broadband networks ....
Siebel Systems to Participate in Webcast Press Conference, Hosted by Good Technology
Publish Date : 1/24/2005 12:40:00 PM
Siebel Systems, Inc. (NASDAQ:SEBL), a leading provider of business applications software, today announced that Ken Rudin, Vice President, Siebel CRM OnDemand....
Progressive Gaming Awarded Contract for CasinoLink System by Casino Ljubljana in Slovenia
Publish Date : 1/24/2005 11:03:00 AM
Progressive Gaming International Corporation (Nasdaq:PGIC) (the Company), a leading supplier of integrated casino management systems and games for the gaming industry worldwide....
Frost & Sullivan Honors Leaders in Information & Communications Technologies
Publish Date : 1/20/2005 11:17:00 AM
Frost & Sullivan honored industry leaders for outstanding performance at last week's 3rd annual Excellence in Information & Communications Technologies Awards Banquet ...
Gartner Says Strong Mobile Sales Lift Worldwide PC Shipments
Publish Date : 1/19/2005 10:54:00 AM
Worldwide PC shipments in 2004 increased 11.8 percent from 2003, due to strong mobile PC sales, according to preliminary results by Gartner, Inc.
IPIX Joins GTSI's InteGuard Physical Security Alliance
Publish Date : 1/19/2005 10:53:00 AM
IPIX Corporation (Nasdaq:IPIX), a premium supplier of visual intelligence technologies, has announced its membership in GTSI Corp.'s InteGuard(TM) Physical Security Alliance.
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