trending Market Intelligence /marketintelligence/en/news-insights/trending/vbtiidysjajbinmilbltbq2 content esgSubNav
In This List

US Bancorp payment processing unit acquires Virginia-based fintech firm

Video

S&P Capital IQ Pro | Powering Your Edge

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Gaining a Competitive Advantage with ESG Data for Student-Managed Investment Funds


US Bancorp payment processing unit acquires Virginia-based fintech firm

Elavon Inc., the payment processing unit of Minneapolis-based U.S. Bancorp, has acquired Virginia-based financial technology company Electronic Transaction Systems.

Financial terms of the deal were not disclosed.

The deal will allow Elavon to integrate its payment processing services into Electronic Transaction's software, providing safe and easy access to Elavon's services.