US Bank to buy expense and travel management platform TravelBank

US Bank has agreed to buy expense and travel management platform TravelBank. The financial terms of the deal were not disclosed.

The TravelBank platform is designed to help companies manage and administer funds, automate practices, meet authorizations and reports, and ensure compliance with company rules.

Last year, the US bank merged its payments with Travel Bank. The issuer is currently buying its partner, as the integration of digital currency into the business sector appears to be accelerating.

Shailesh Kotwal, vice president of payment services for the US bank, said: “Last year, in partnership with, we saw the value of responses in improving our business.

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