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

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?

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.

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.

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 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

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.

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.

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

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

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.

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 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.

CFPB to Open Southeast Regional Office in Atlanta

CFPB Monitor

On September 21, 2018, the CFPB announced that it will be relocating its southeast regional office from Washington, D.C. that will be surrendered after the southeast regional team is moved to Atlanta. The plan for a southeast regional office has been in the works since 2016. The city selection process “took into account factors including the average rental cost in the region, proximity to institutions examined by the Bureau, and ease of travel for examiners.”

Collapse Of Regional Italian Banks Puts 40,000 SMBs In Jeopardy

PYMNTS

Earlier this year, Italy initiated its largest bank bailout in its history when it committed up to $19 billion to save two failing regional banks, Banca Popoalare di Vicenza SpA and Veneto Banca SpA. 20), the ongoing struggles of those FIs is putting as many as 40,000 small and medium-sized businesses (SMBs) in the region in jeopardy.

What can data-driven startups gain from Ruhrgebiet region in Europe?

Dataconomy

The Ruhr region known to be a steel and coal mine hub in Europe is reimagining the entrepreneurial spirit which was it’s foundation 150 to 200 years ago. The post What can data-driven startups gain from Ruhrgebiet region in Europe?

A Tale Of Two Payments Regions: UK And Germany

PYMNTS

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. The only way to predict what the emerging payments trends are for today is to seek out the one group of people who has the power to control the entire market: consumers.

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.

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

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 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.

Latin America Tech Booms As Brazil Dominates And Regional Investors Grow

CB Insights

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Since 2012, investments into the region have nearly tripled.

Acuant, Codebase launch eKYC solution in GCC region

The Paypers

(The Paypers) Acuant and Codebase Technologies Digibanc have joined forces to provide the Gulf Cooperation Council region with a digital identity and eKYC solution called Digibanc Identity

Bulgarian bank launches region's first HCE-enabled mobile wallet

Mobile Payments Today

The bank said is using MasterCard's certified Host Card Emulation technology to enable contactless payments through its current mobile banking app

Airlink, Bell Helicopter Deliver Disaster Relief to Remote Regions in Haiti

Bank Innovation

The best API will win the day for regional banks

Bobs Guide

With more than 75% of larger global banks retracting their correspondent banking relationship in the international markets, regional banks are frequently turning to the new utility model as well as emerging fintech to keep delivering the international services to their clients that they’ve

Regions taps insider to lead new office of community affairs

BankThink

Leroy Abrahams had previously served as president of the bank's North Central Alabama region. Regional banks C-suite Corporate ethics Corporate governance Regions Bank

Regional banks defend tech spending as revenue worries mount

BankThink

Executives are reluctant to pull back on their big investments in technology, arguing they must stay competitive and that they have flexibility in other areas to trim costs if growth begins to stagnate. Revenue and expenses Fintech Digital banking U.S. Bancorp PNC M&T Bank

Regional banks get a boost; Kudlow considered

BankThink

Morning scan Dodd-Frank Regional banks Trump administration AML Digital paymentsSmaller bank stocks have outperformed the big banks with the prospect of Dodd-Frank rollbacks; Trump “very strongly” pondering TV analyst for adviser role.

Regions to sell insurance business to BB&T

BankThink

M&A Regional banks Brokers BB&T Regions BankBB&T is the nation's fifth-largest insurance broker. The deal, expected to close in the third quarter, would further expand its reach in the Southeast and Texas.

Texas 40

A slow economy gave regionals chance to catch up on tech

BankThink

A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall. Growth strategies M&A Regional banks Digital banking Fintech Alabama Mississippi

Regions' explanation for tepid commercial lending: We're being careful

BankThink

Commercial lending Credit quality Risk appetite Regions Bank“Who’s to know when the economy may turn?” the head of the Alabama bank said in describing its weak business-loan growth as the byproduct of cautious pricing and underwriting.

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

New Regions chief putting stamp on management team

BankThink

Regional banks Corporate governance Regions BankJohn Turner, who became CEO of the Alabama company this month, has promoted John Owen to COO. Its Turner’s second executive appointment this week.

dLocal expands its payment platform to MENA region

The Paypers

(The Paypers) dLocal , a company focused on cross-border payments for ecommerce in emerging markets has announced the expansion of its payments platform to the Middle East and North Africa

Regions gets a boost from capital markets in 2Q

BankThink

Earnings Commercial banking Capital markets Regional banks Regions BankThe Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.

Why this regional bank made autism-friendly branches a priority

BankThink

Regions Financial is taking steps across its 1,500-branch network to embrace consumers with autism and train its staff to help them. Consumer banking Branch management Customer service Regions BankBusiness development, not just compassion, is part of the motivation.

'Grow and grow fast:' The newbie rule for regional banks

BankThink

See which of these 65 regionals are the best performers. Performance reports Regional banks Community banks Growth strategies Deposits M&ALoan growth accelerated for those in our annual ranking of banks with assets of $10 billion to $50 billion.

GE exec hired as new Regions diversity chief

BankThink

Diversity and equality Corporate governance Regions BankClara Green will head the Diversity and Inclusion Center of Expertise at the Alabama bank.

GIMAC, TerraPay to enable real-time cross-border money transfers to CEMAC region

The Paypers

(The Paypers) GIMAC and TerraPay have signed a partnership to strengthen the remittances ecosystem in CEMAC region

Why regional bank CEOs are lukewarm on more M&A

BankThink

While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines. Regional banks Earnings M&A Consolidations SIFIs M&T Bank KeyCorp BB&T Fifth Third

Regions' guide to building digital relationships

BankThink

Regions Financial's tool that helps customers find the right account for themselves is among the reasons why Andy Hernandez is a Digital Banker of the Year finalist. Digital banking Mobile banking National banks Bank technology Regions Bank

Regions Buys Affordable-Housing Syndication Business

American Banker

Regions Financial in Birmingham, Ala., breaking_news national-regional dealmaking-strategyhas bought a business that manages low-income housing tax credits.