Regions Financial Corp.’s fourth-quarter results detailed digital transactions are gaining ground among a user base that is turning to mobile and online channels for everyday banking. Supplementals tied to the company’s Friday (Jan. 17) earnings release noted that active mobile banking users were up 9%...
Regions Bank says it has launched a partnership with data integration firm Axway. The collaboration, announced Monday (Jan. 6), will see Regions offer Axway’s Amplify Open Banking solution to its consumer banking, corporate banking and wealth management clients. “As customers continue to grant access to their financial data...
Regions Bank’s profit dipped during the third quarter as deposit costs rose and loan demand fell. The regional lender released quarterly earnings Friday (Oct. 18) showing a 5.7% decline in net interest income (NII) — the gap between what a bank earns on loans and...
Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Average balances for total loans were down 0.1% compared to the previous quarter and down 1.3% compared to the second quarter of 2023,...
June 14, 2024
Affirm saw its stock rally 7.8% this past week, but the overall trend for the FinTech IPO Index was down, as the group sank 3.8%. Affirm Gets a Bump from Apple Apple said that Apple Pay users in the United States will be able to apply for buy now, pay later (BNPL) loans through Affirm […]
January 17, 2024
Labels are popular on Capitol Hill. And this week the labels are flying fast and furiously, aimed at big banks and credit unions. The Consumer Financial Protection Bureau (CFPB) put...
May 26, 2022
Financial services providers face many choices when determining the best way to offer customers money-out mobility, and the temptation to lean too heavily on in-house solutions may cause some to...
November 24, 2021
Companies are pulling away from the manual processes they have used for decades in favor of less costly, speedier business-to-business (B2B) and consumer-facing tools to manage their payments and finances....
February 13, 2025
Regions Bank has debuted a tool designed to help treasury management clients better manage cash flow. Regions Embedded ERP Finance, announced Thursday (Feb. 13), lets clients connect financial data to their enterprise resource planning (ERP) systems, allowing them to optimize liquidity, reduce risks and more clearly anticipate business needs. “Currently, business clients manually enter or […]
January 06, 2025
Regions Bank says it has launched a partnership with data integration firm Axway. The collaboration, announced Monday (Jan. 6), will see Regions offer Axway’s Amplify Open Banking solution to its consumer banking, corporate...
October 18, 2024
Regions Bank’s profit dipped during the third quarter as deposit costs rose and loan demand fell. The regional lender released quarterly earnings Friday (Oct. 18) showing a 5.7% decline in...
July 19, 2024
Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Average balances for total loans were down 0.1%...
