U.S. Bancorp Partners With Microsoft to Integrate Payments, Apps

U.S. Bancorp is doubling down on its growing digital-banking operations by partnering with Microsoft Corp. to improve offerings over the internet and on mobile apps.

The multiyear partnership is meant to help business customers more easily generate invoices and handle payments, the Minneapolis-based lender said in a statement. Microsoft’s Azure cloud-computing business will become U.S. Bancorp’s primary cloud provider, though the bank said it will continue to rely on other firms as well. Terms weren’t disclosed.