Company Information

Get to know U.S. Bank Freight Payment Services, Inc.

As a division of U.S. Bank, one of the largest commercial banks in the United States, the Freight Payment service is a global leader in B2B trade finance and supply chain payment solutions. Building on a history of over 20 years, originating from the PowerTrack system, the service provides a comprehensive platform for shippers to manage complex freight invoices, ensuring accuracy through automated auditing before processing payments to carriers. It aims to reduce administrative costs, improve cash flow visibility, and provide valuable transportation data analytics for its corporate and government clients worldwide.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

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U.S. Bank Freight Payment Services, Inc.

United States

Founded in

01 1月 1863 (163 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.