U.S. Bancorp Says AI Agents Aren’t Moving Consumer Deposits Yet
By PYMNTS
Source excerpt · PYMNTS
U.S. Bancorp’s consumers continued to spend during the third quarter, even as the bank carried more card balances and saw an increase in early-stage card delinquencies. “Spend levels are high, employment is strong,” Chief Financial Officer John Stern told analysts during a Thursday (Oct. 15) earnings call when asked about the effect of higher interest […] The post U.S. Bancorp Says AI Agents Aren’…