U.S. Bank wants to make innovation its middle name and as such has anointed Dominic Venturo to lead the charge. As executive vice president and chief innovation officer, Venturo will lead the efforts to identify emerging technology or new business models.
Venturo has been with U.S. Bank for 16 years, and for the past eight years he has led the innovation team for U.S. Bank’s payments division.
The innovation team develops new products, sets the strategy for emerging innovations in financial services. This team creates the environment within the bank through which these innovations are tested, modified and brought to market for customer use.
Recent examples of innovation from U.S. Bank include advances in mobile payments, voice biometrics, tokenization and integrated mobile and web commerce solutions.
A 26-year veteran of financial services, Venturo’s experience spans product development and management, commercial risk management, commercial lending and sales management. He is frequently featured as a keynote speaker at industry conferences and has been recognized by numerous media organizations for his work in the industry. His team has delivered industry-leading innovations since 2008 that have earned numerous accolades for U.S. Bank.
Venturo earned a bachelor’s degree in finance from Oregon State University and is a graduate of the Pacific Coast Banking School at the University of Washington Graduate School of Banking.
For more data on U.S. Bank access CardData®. For information and commentary on U.S. Bank visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on U.S. Bank are available exclusively through CardWeb.com.®