US Bank to acquire talech.

US Bank has acquired talech, a Palo Alto-based software company that helps small and medium-sized businesses simplify operations and make better decisions through an integrated point-of-sale system. Financial terms were not disclosed. This acquisition is one of the many ways US Bank is increasing its digital expertise to provide value when and where customers interact with technology. talech provides software that allows businesses to manage multiple operational tasks – such as order management, inventory and staff reporting, customer management, business insights and payments processing – in a single, integrated point-of-sale system. “Small businesses are a focal point for us as we transform how U.S. Bank engages with customers and how our customers interact with their money, making it easy for them to make decisions at the moment they come into contact with our technology,” Derek White, chief digital officer at US Bank.