US Bank unveils payroll solution

US Bank has introduced a revolutionary new tool that allows new current account holders to switch their payroll direct deposit in a matter of minutes. This innovative solution is the first of its kind in the United States and is part of US Bank’s enhanced account onboarding experience. The service, which is powered by Atomic, is accessible on both the bank’s mobile app and online banking platforms.

The process is simple and straightforward. Customers simply search for their payroll provider, log into their employer account, and receive confirmation that their direct deposit has been successfully switched. This new feature has been designed to save customers time and simplify their banking experience.

“We are constantly innovating at US Bank to offer a digital-first experience for our clients,” says US Bank Chief Digital Officer, Dominic Venturo. “Our new DIY Direct Deposit feature is yet another way we are helping our clients save time and simplify banking.” Early data shows that this new feature is already becoming popular with customers.

“Our new DIY Direct Deposit feature is a game-changer in the banking industry,” says Tim Welsh, Vice Chair of Consumer and Business Banking at US Bank. “We are proud to be the first large bank to fully automate the process and provide our clients with instant confirmation that it was successful.”