U.S. Bancorp Says AI Agents Aren’t Moving Consumer Deposits Yet

T2Covered by 1 source · first reported by PYMNTS at 15 Oct, 19:39 UTC

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)…