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Updation Integrates With U.S. Bank to Help Dealerships Modernize Payments and Financial Operations

Business Wire•16/10/2026•09:00 ET
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Key Highlights

  • ➤Updation integrates U.S. Bank Embedded Payment Solutions into its dealership platform
  • ➤FBO account structure reduces direct handling of customer funds by Updation
  • ➤Dealerships gain access to modern payment options, including real-time payments
  • ➤Combined platform unifies invoices, vendor management and payments for dealerships

Expert Statements

Layton Judd, Chief executive officer of Updation

“We built Updation to help dealerships gain better control over their financial operations and spend less time on manual processes”

Layton Judd, Chief executive officer of Updation

“Working with U.S. Bank allows us to bring AI-powered accounting intelligence, workflow and payments together in one platform, backed by trusted banking and payment infrastructure. Together, we’re giving dealerships better visibility into their financial operations while making the movement of money faster, easier and more secure.”

Joe Voica, Head of embedded payments at U.S. Bank

“Dealerships are looking for ways to reduce manual processes and improve visibility into their finances”

Joe Voica, Head of embedded payments at U.S. Bank

“Through this integration, Updation clients will be able to move beyond certified checks and access modern payment options, including real-time payments, through a secure bank-led infrastructure. That creates a faster, more efficient payment experience for dealerships while giving Updation a meaningful competitive advantage in the marketplace.”

Updation Integrates With U.S. Bank to Help Dealerships Modernize Payments and Financial Operations

Collaboration combines Updation's AI-powered dealership operations platform with U.S. Bank embedded payments capabilities

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