US Bank Names Payment Expert Kristy Carstensen will lead Global Treasury Management

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american bank have appointed Kristy Carstensen as its new leader Global Treasury Management business and prepaid card organization. Carstensen, a five-time US Banker Most Influential Women in Payments honoree, will oversee comprehensive treasury management and payment solutions for corporate, government and institutional clients. With 13 years at US Bank, including her role as CFO of Payment Services, Carstensen brings a wealth of experience to the position. The bank’s Global Treasury Management offers products and services to optimize payments, improve reporting, improve liquidity and reduce risk. US Bank was a pioneer in instant payments and participated in the first RTP Network® payment and the launch of the FedNow® Service.

american bank have nominated Kristy Carstensen come nuovo leder della sua divisione Global Treasury Management e dell’organizzazione delle carte prepaid. Carstensen, insignita five times as una delle donne più influentii nei pagamenti da American Banker, will supervise the complete management of the treasury and the payment solutions for aziendali, governativi and institutional clients. With 13 years of experience in US Bank, including his role as CFO of Payment Services, Carstensen brings with him a wide range of experience for this role. The bank’s Global Treasury Management division offers products and services to optimize payments, improve reporting, increase liquidity and reduce risk. US Bank è stata pioneera nei pagamenti instantananei, partecipando al primo pagamento della rete RTP® and al launch del servizio FedNow®.

american bank ha designated a Kristy Carstensen as the new leader of your business Global Treasury Management y de la organización de tarjetas prepagadas. Carstensen, recognized five times as one of the most influential women in payments by American Banker, will supervise the integral management of treasury and payment solutions for business, governmental and institutional clients. With 13 years at US Bank, including his role as CFO of Services of Pago, Carstensen brings extensive experience in cargo. Global Treasury Management of banks to receive products and services for the optimization of companies, more extensive information deepening, cash and funds. US Bank provides pioneers in instant payments, participates in el primer pago de la red RTP® and el lanzúci del servicio FedNow®.

american bankthe Kristy CarstensenIt’s new Global Treasury Management I was appointed as the leader of the business and credit card organization. Carstensen has been selected as the most influential woman in American Banker’s 5-time award for comprehensive financial management and settlement solutions for the government and government. With 13 years of experience at US Bank, Carstensen brings this experience, including the role of CFO of payment services. Gyeongbokgung’s Global Treasury Management provides services such as payment optimization, payment improvement, 유동성 improvement, and risk reduction. US Bank immediately participated in the first RTP network® payment and FedNow® service.

american bank a nome Kristy Carstensen nouvelle responsable de son activité de Global Treasury Management et de son organization de cartes prepayées. Carstensen, honored five times as one of the most influential women in payments by American Bank, will oversee the complete cash management and payment solutions for commercial, governmental and institutional clients. Afec 13 ans d’experience from US Bank, and includes the role of CFO des Services de paiement, Carstensen assigns a permanent experience in the post. The Global Treasury Management de la bank department proposes products and services to optimize payments, improve rapports, accreitoire la liquidity and atténuer les risques. US Bank is a first-time member of the instant payments, participates au premier payment du réseau RTP® and au lancence du service FedNow®.

american bank hat Kristy Carstensen zur neuen Leiterin ihres Global Treasury Management-Geschäfts und der Organization für Prepaid-Karten ammannt. Carstensen, who was awarded five times as eine der einflussreichsten Frauen im Zahlungsverkehr von American Banker auszeignet wurde, wird die umfassende Treasury-Management- und Zahlungslösungen for Unternehmen, Regierungen und institutionalelle Kunden leiten. My 13 years at US Bank, including his role as CFO of Payment Services, brings Carstensen extensive experience to this position. Das Global Treasury Management der Bank bietet Products and Services for Optimization of Zahlungen, Verbesserung des Berichtswesens, Steigerung der Liquidität and Risikominderung. US Bank was a pioneer in the field of immediate payment and was involved in the first payment process of the RTP-Netzwerk® and in the start of the FedNow®-Services.

Positive


  • Employment of an experienced manager with 13 years in the company


  • Strong presence in instant payment technology with RTP network and FedNow participation


  • Comprehensive suite of treasury management and payment solutions


Insight


This management change, while notable, is unlikely to have an immediate material impact on USB’s financial performance or stock value. The appointment continues US Bank’s established trajectory in treasury management and payment services, rather than signaling a strategic shift. Carstensen’s internal promotion after 13 years at the bank, including her role as CFO of Payment Services, suggests operational continuity.

The bank’s positioning in instant payments through the RTP Network® and FedNow® participation remains unchanged. While treasury management is an important revenue stream for USB, this leadership transition represents normal succession planning rather than a catalyst for significant business transformation.












The five-time American Banker Most Influential Women in Payments recipient will also lead the bank’s prepaid card business

MINNEAPOLIS–(BUSINESS WIRE)–
US Bank announced Kristy Carstensen as the new head of its Global Treasury Management business. In this position, Carstensen leads the unit that delivers comprehensive liquidity management and payment solutions to the bank’s corporate, public and institutional customers. In addition to Global Treasury Management, Carstensen will also supervise the bank’s prepaid card organization.

“Kristy’s leadership has been instrumental in our ability to continuously improve the payment experience for our customers and their customers,” said Shailesh Kotwal, Vice President of Payment Services. US Bank. “Global Treasury Management is at the center of our efforts to deliver connected banking and payments solutions to help our clients operate more efficiently. Kristy is well positioned to drive this forward.”

Carstensen has had many leadership roles in his 13 years US Banking career, including CFO of Payment Services, one of the bank’s three core revenue lines. Earlier this year, she was named to American Banker’s Most Influential Women in Payments for the fifth time.

“The payments industry is at a defining moment. The customers we serve are all in the midst of a major transformation and are looking for payments technology and innovation to deliver efficient, simple, secure and seamless payment execution to and from customers, employees and suppliers,” said Carstensen “We will work every day to ensure we consult with our customers and deliver the solutions they need to increase efficiency, reduce risk and improve experiences throughout the payment process.”

US Bank Global Treasury Management provides a full suite of products and services to optimize payments and cash flow, improve reporting and liquidity, mitigate risk and meet customers on their terms. A leader in instant payments, US Bank was part of the first payment on the RTP Network® and a launch partner for the FedNow® Service. The bank’s debt products help customers send payments in a way that reduces administrative costs and controls expenses. The receivables products process payments and simplify operations with automation to access funds faster.

Sore US Bank

US Bancorp, with more than 70,000 employees and 686 billion dollars in assets per 30 September 2024, is the parent company of US The Bank’s National Association. With headquarters in Minneapolisthe company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, commercial banking, commercial banking, institutional banking, payments and wealth management. US Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2024 World’s Most Ethical Companies and Fortune’s Most Admired Super Regional Bank. Learn more at usbank.com/about

Todd Deutsch, US Bank Public Affairs & Communications

[email protected]

Source: US Bancorp








FAQ



Who is the new head of US Bank (USB) Global Treasury Management?

Kristy Carstensen has been appointed as the new head of US Bank Global Treasury Management and will also oversee the bank’s prepaid card organization.


What services does US Bank (USB) Global Treasury Management offer?

US Bank Global Treasury Management provides liquidity management and payment solutions, including debt and receivables products, reporting, liquidity management and risk mitigation services to corporate, government and institutional clients.


Which payment networks does US Bank (USB) participate in?

US Bank was part of the first payment on the RTP Network® and served as a launch partner for the FedNow® Service, demonstrating its leadership position in instant payments.