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Updation Integrates With U.S. Bank to Help Dealerships Modernize Payments and Financial Operations
WHAT HAPPENED
A U.S. Bancorp press release says Updation is integrating U.S. Bank Embedded Payments into its dealership operations platform. The arrangement uses a bank-managed for-benefit-of account structure and is intended to connect invoicing, vendor payments and access to real-time payments for vehicle dealers.