Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations.

Delivering Regional Flavor With State-Specific Subscriptions

PYMNTS

To offer shoppers a curated selection of local products ranging from décor to local flavors, eCommerce innovators are assembling subscription boxes around different U.S. states. California Found , for instance, is essentially a boutique gift box of artisanal goods from the Golden State.

Major Core Vendors Are Failing Regional Banks

Gonzobanker

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. The post Major Core Vendors Are Failing Regional Banks appeared first on Gonzobanker.

Bird To Roll Out Scooter Program In Three Regions

PYMNTS

The executive said it took longer than expected to work out all the details and kinks, and added that Bird Platform is trying to stay with one startup per region. Ultimately, the company expects each region to operate hundreds and eventually thousands of scooters.

New Fears Over China’s Regional Banks As EY Quits

PYMNTS

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou.

How Regions Bank Provides an Amazon-like Experience

Bank Innovation

Regions Bank tied with Amazon.com in a recent ranking of web experiences. How does a super-regional bank match the efforts of one the most sophisticated digital companies in the world, one that obsesses over customer experience?

Regions Bank Teams Up with Marketplace Lender Avant

Bank Innovation

Regions Bank teamed up with online marketplace lender Avant Inc. Beginning in the second half of 2016, customers can apply for an unsecured loan on the Regions Bank website through the Avant platform, which will carry Read More.

Regions names new heads of tech, M&A, consumer banking

BankThink

Consumer banking Technology M&A Regions BankAmala Duggirala, Logan Pichel and Kate Danella are all part of the executive leadership team reporting to CEO John Turner.

Synovus lands Regions exec to fill CFO spot

BankThink

Jamie Gregory has worked for Regions for a decade and was named head of corporate financial strategy early this year, but he's jumping ship to Synovus in late June. Regional banks Succession planning Recruiting C-suite Synovus Financial Regions Bank

Regions to buy health care asset management firm

BankThink

Regions Financial is following the lead of other regionals, which have been scooping up investment firms that specialize in health care. M&A Asset management Asset managers Regional banks Healthcare industry Regions Bank

Regions AI tool helps steer cross-selling

BankThink

It’s a good example of a regional trying to balance competitive pressures and cost control. Artificial intelligence Regional banks Consumer bankingThe Alabama bank’s artificial intelligence system ROSIE pulls information from hundreds of data sources to help employees suggest the best new product or service to offer a customer.

Regional Banks and Institutions Give Employers Lower Ethics Rankings

Banking Exchange

Survey also finds fewer than half of bank employees know what conduct and ethics controls are in place Compliance Management Compliance/Regulatory Community Banking Feature3 Financial Research Human Resources Feature Management Compliance. 1Compliance

Chargeoffs on Rise at Regionals

American Banker

Several regional banks, including Huntington and UMB, have reported higher net chargeoffs in the third quarter. earnings-national-regional-banks performance oh mo national-regional

Your Bank’s Social Media Strategy Needs to Drive the Consumer Experience (and Revenue), Says Regions Bank

Bank Innovation

Exclusive Online Social Media online banking regions bank Sapient Razorfish Twitter

Regions bailing on indirect auto lending

BankThink

Auto lending Regional banks Consumer banking Regions BankAdd the Alabama company to the list of lenders that are disappointed in the returns on loans made through car dealers and the ability to build broader relationships with those borrowers.

McDonald’s Will Open 200 Restaurants In Nordic Region

PYMNTS

McDonald’s will open 200 restaurants in the Nordic region over the next 10 years, as well as begin home deliveries this year in an attempt to take on rivals, such as Taco Bell and Yum! McDonald’s currently serves 150 million customers each year in Denmark, Sweden, Norway and Finland from its estimated 430 restaurants in the region. The expansion will create 5,000 jobs in the region. Last year, McDonald’s sales in the Nordic region grew 5 percent to € 1.2

Regions Private Wealth Manager Promoted

American Banker

The $126 billion-asset holding company for Regions Bank said Jeremy King, who had been support manager for private wealth, is now executive vice president of wealth management strategy and effectiveness for Regions Wealth Management.

Regions shuffles more executives

BankThink

Since John Turner took over as CEO in July, Regions has announced several executive appointments, including promoting Kate Danella to oversee strategic planning. Women in Banking Regional banks Succession planning Wealth management M&A

Afreximbank supports intra-regional trade with USD 25 bln

The Paypers

(The Paypers) African Export-Import Bank has disbursed USD 8 bln out of the USD 25 bln it planned on a revolving basis to support intra-regional trade between 2017 and 2021

Amazon Makes Bid For All Of The 22 Regional Sports Networks Disney Is Unloading

PYMNTS

Amazon.com, the eCommerce giant, is reportedly making a bid for all of the 22 regional sports networks that Disney purchased as part of its Twenty-First Century Fox deal. CNBC wasn’t able to ascertain how much the suitors are bidding on the regional networks.

Regions to ‘Refresh’ Digital Offerings as Avant Comes Online

Bank Innovation

Regions Financial Corp. The Regions-Avant partnership was announced last April. Cards Lending Marketing Mobile Online Retail apps Avant ios marketplace lending regions bank Regions Financialis using its upcoming Avant deployment as an opportunity to “refresh” its digital offerings. The bank’s CEO, Grayson Hall, said yesterday during the company’s earnings call that the Avant loan application service will go live next month.

Regions Bank using IBM’s Watson to answer customer questions

BankThink

Artificial intelligence Machine learning Virtual assistants Customer service Regional banks Regions Bank IBMThe artificial intelligence engine will handle simple queries directly, feed information to customer service reps for others and analyze all calls.

Banks Need to Think of Their Customer Service in Terms of Seconds, Not Minutes, Regions Bank Says

Bank Innovation

Exclusive Lending Mobile Payments PFM Premium lending Mobile banking mortgages online banking online lending regions bankEXCLUSIVE—Consumers are impatient, and growing less and less inclined to fill out the long forms necessary to apply for a loan, mortgage, or other financial service.

A Regional Approach To Global SME Trade

PYMNTS

But FedEx Business Insights also found that intra-regional exporting is a major force behind SME growth today, perhaps serving as a stepping stone for small businesses that may have their sights set on global growth ahead. Intra-regional exporting is a strong driving force, representing an average of nearly $800,000 in revenue, 10 percent above their exports to other regions,” the report stated.

Goldman Sachs, Regions help raise $55M for construction-lending fintech

BankThink

Venture funding Construction industry Fintech Global investing Venture capital Commercial lending Goldman Sachs Regions BankBuilt Technologies will use the money to invest in research and development while it builds out its client base.

On the cusp: regional integration in Asia

Celent Banking

One of the major themes will be regional integration, which is another way of saying the development of cross-border markets. In insurance, the continued development of regional markets. Financial institutions will be challenged to create new business models and technology strategies to extract the opportunities offered by regional integration.

Regionals' proposed CECL fix gets thumbs-down

BankThink

CECL Accounting regulations Capital requirements Community banking Regional banks FASBBigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process.

Global ATM Survey Reveals Significant Regional Differences

Mobile Payments Today

ATMs are widely available around the world, however, usage appears to vary greatly. This new infographic looks at the results of a recent survey commissioned by TNS into how consumers use this technology. Download your copy now

Fintech regions to watch out for in 2019

Bobs Guide

Headlining in 2018, the price volatility of bitcoin, cloud computing, and challenger banks stole the show. Funding in the UK from the government in East London Tech City and tech partnerships in Brazil and South Africa, has shown that digitisation and innovation have been front of mind for both

Rachel Bryant, Regions Bank | Most Powerful Women: Next

BankThink

Women in Banking Risk management Stress tests Compliance Regional banks Regions BankRachel Bryant specializes in risk management, and she applies that framework not only to her job duties, but also to her career path.

Regions separates chairman and CEO roles

BankThink

Succession planning Corporate governance Career moves Grayson Hall Regions Bank AlabamaThe Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner.

Big provision, higher funding costs cut into Regions' profit

BankThink

Earnings Interest rates Commercial lending Commercial real estate lending Regions Bank AlabamaThe Alabama company recorded a $91 million loan-loss provision and raised deposit rates during the first quarter.

Regions not budging on M&A, despite rivals’ megadeal

BankThink

CEO John Turner told investors and analysts Wednesday that the merger of BB&T and SunTrust is not putting pressure on Regions to pursue a deal of its own. M&A Regional banks Strategic planning Regions Bank BB&T SunTrust

Regions Financial names new president

BankThink

Succession planning Regional banks Grayson Hall Regions BankJohn Turner, the head of the Birmingham, Ala., company's corporate banking group, takes over the president's title from Chairman and CEO Grayson Hall.

Why Regions did away with teller jobs

BankThink

Consumer banking Branch banking Branch management Branch network Workforce management Regions BankWhen the Birmingham, Ala., bank was rethinking its branch strategy, it had to reconsider the role of its tellers. Ultimately, it decided to transition those workers to a more general banker role that emphasizes meaningful conversations with customers and continuous career progression.

Regions Bank Plucks New CIO From FinTech Arena

PYMNTS

The latest example of this comes from Regions Bank at its corporate headquarters in Birmingham, Ala. Prior to joining the Regions Bank community, Duggirala served as the CTO of Kabbage, a small business lender. Regions Bank’s head of regional banking, John Owen, and Duggirala’s direct supervisor commented on her hiring and the value she’ll add to the team. ” Payment Methods amala duggirala CIO CTO FinTech Innovation Regions Bank What's Hot

Recipe for an East Coast regional

BankThink

John Asbury, president and CEO of Union Bancshares, wants to make Virginia something it hasn’t been in decades: home to a regional bank powerhouse. He discusses how striking the right balance between acquisitions and strategic hiring works toward that goal. Growth strategies

Wealth Management Still a “People’s Business,” Says New Regions Exec

Bank Innovation

robo advisory — is a trend to “watch closely,” according to Kate Randall Danella, Regions Bank’s newest head of private wealth management. Corporate Innovations Mobile Operations Technology Wealth Management HR regions bank robo advisory SigFig techDigital advisory — a.k.a. But adoption by the bank is likely years away. It’s a space we are watching closely and having conversations now. We look into how Read More.

Regions not interested in bank acquisitions, CEO says

BankThink

Speaking at an investor conference Wednesday, John Turner said that sellers’ asking prices are too high and that Regions would prefer to buy a nonbank that could help boost fee income. M&A Regional banks Fee income Commercial banking Consumer banking Regions Bank

Regions partners with mortgage fintech

BankThink

Bank technology Fintech Mortgage technology Mortgage applications Digital mortgages Regions Bank Bank of America AmazonThe bank says its partnership with Lender Price will help streamline and simplify its home loan process.

Regions Names Head of Insurance Unit

American Banker

Regions Financial has a new chief executive for its insurance business. breaking_news dealmaking-strategy people fee-income al national-regional

Lighter reg touch could be mixed blessing for regionals

BankThink

LCR Liquidity requirements Stress tests Regional banks Regulatory reform Regulatory relief Investor confidence NSFR Lael Brainard Federal ReserveThe Federal Reserve Board plan to revise its post-crisis framework promises reduced compliance costs and other benefits. But some analysts see the removal of guardrails as increasing failure risk, which may spook investors.

US regional banks enjoy a golden age

The Banker

A decade on from the sub-prime mortgage crisis, the US’s regional lenders are using their ample capitalisation as a springboard for acquisitions and digital initiatives. Jane Monahan reports