Friday, May 10, 2019

Chrome River Powers New Expense App For U.S. Bank

Los Angeles-based software developer Chrome River and U.S. Bank announced this week that Chrome River is powering a new app being launched by U.S. Bank, the U.S. Bank Expense Wizard. According to the two, the new payment software helps streamline payments and reconciliation for infrequent business travelers. Financial details of the arrangement between the two companies were not announced. U.S. Bank said the new software is powered by chatbots and artificial intelligence (AI), and the Expense Wizard tool makes it easy for employees to arrange travel within company policies, pay with a virtual card in a mobile wallet and capture and file receipts for expense reports as they go through their trip. The new software appears to be the first "white label" app deal by Chrome River.

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