Skift Take

Banks see that integrating travel and expense products is an effective way to enhance their own credit card offering to customers, corporate or otherwise. Expect more deals before the year's out.

Banks are racing ahead to snap up travel and expense platforms, as the rate of payments digitization accelerates. Now TravelBank, a corporate travel agency that’s backed by actor Will Smith, has been acquired by U.S. Bancorp, parent of U.S. Bank. U.S. Bank said the acquisitio