INDUSTRY INSIGHTS YOUR PEERS ARE READING
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. MORE
The acquisition will expand NCR’s service to 1,000 restaurants in the region. NCR Corp. announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. Midwest POS is among the first NCR Aloha dealers. The Indiana- and Kentucky-based Midwest POS technology company has been serving the restaurant industry for more than 75 years. MORE
In non-iPhone Apple news, last month the tech company introduced a “grace period” for lapses in app store subscriptions. Apple’s grace period can last for six or 16 days, depending on whether the subscription duration is weekly, monthly or longer. MORE
SOFR LIBOR Policymaking Regional banks Joseph Otting Jelena McWilliams Randal Quarles Federal Reserve FDIC OCCExecutives sent a letter to the federal banking regulators last month expressing concern that an alternative to the London interbank offered rate could limit credit availability. MORE
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. MORE
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. MORE
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. MORE
Growth strategies Net interest margin Regional banks Earnings Interest rates M&A Fee income Mortgages Citizens Bank Federal ReserveCount Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. MORE
The Southeastern regional bank said Thursday that it had hired Lee Byrd to a new role dedicated to protecting customers and the company itself from fraud. Fraud detection Fraud prevention Regional banks Recruiting Digital banking Regions Bank BBVA Compass MORE
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. MORE
4) said Boost Payment Solutions is expanding its commercial cards network to new regions around the world, a move the company said would strengthen its international acquirer relationships and broaden the reach of its straight-through processing (STP) solution, Boost Intercept. MORE
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. MORE
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 MORE
based firms, he noted, as they soon realize that European countries like the Netherlands or Germany prefer bank-to-bank payments to credit cards, and that those in the Asia-Pacific region tend to favor mobile wallets and bank-based methods. Regionality is really important,” he noted. MORE
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. MORE
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. MORE
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? MORE
If regional banks really want to compete against behemoths and nonbank entrants they need to emphasize products over M&A. M&A Strategic buyers Consolidations Community banking Branch network BB&T SunTrust MORE
Growth strategies M&A Commercial lending Wealth management Mortgages Regional banks Community banking Earnings MORE
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 MORE
Birmingham, Alabama-based Regions Bank is one such bank that is taking a digital-first approach as it seeks to remain competitive. At the heart of Regions’ digital push is a sophisticated AI tool to assist bank staff in their customer interactions. MORE
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. MORE
Regional banks Consumer banking Earnings Net interest margin Zions Bancorp. Huntington Bancshares and U.S. Bancorp also said in recent days that they are eliminating jobs to reduce overhead and improve profits. MORE
Exclusive Online Social Media online banking regions bank Sapient Razorfish Twitter MORE
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. MORE
Regional banks Earnings Workforce management Interest rates Regions Bank Federal ReserveThe Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs. MORE
(The Paypers) US-based supply chain finance provider PrimeRevenue has announced the expansion of its presence in the EMEA region MORE
That is something Alabama-based Regions Bank has sought to achieve through its AI ROSIE, according to Shawn Bradley, executive vice president of customer insights for the bank. MORE
Beyond product and strategy, payment methods come with highly regional preferences. A recent study by GoCardless analyzed payment preferences for subscriptions, memberships, bills and installment plans in 10 countries and found a number of regional quirks. MORE
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. MORE
Digital banking Consumer banking Mobile banking Mobile technology Online banking Digital mortgages Regions Bank MORE
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. MORE
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 MORE
The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps. Performance reports Regional banks Community banks Growth strategies Deposits M&AMargin expansion may grind to a halt if the Fed holds rates steady or cuts them further. MORE
regional credit card issuers have grown receivables by nearly nine percent, with the largest growth within this group being double digit. The post Digital investments and the growth of regional credit card issuers appeared first on Accenture Banking Blog. MORE
Japan ’s struggling regional banks are taking on riskier investments as they struggle to survive. There’s excessive competition among regional banks now, which is driving fierce competition to get profit margins,” said Takayuki Atake, head of credit research at SMBC Nikko Securities Inc. MORE
Core conversions Core systems Deposits Earnings Credit quality Commercial lending Regions BankThe company says the upgrade will support future digital investments. It also said Tuesday that third-quarter profits climbed 8% but reported a sharp increase in criticized business loans. MORE
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. MORE
If the no-premium agreement announced by First Horizon and Iberiabank this week is a sign that sellers’ asking prices will come down, then Regions might reconsider its anti-M&A stance, a company executive said. MORE
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 MORE
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 MORE
Regional Related Topics 
Accenture
NOVEMBER 8, 2019
regional credit card issuers have grown receivables by nearly nine percent, with the largest growth within this group being double digit. The post Digital investments and the growth of regional credit card issuers appeared first on Accenture Banking Blog.
PYMNTS
OCTOBER 14, 2019
In non-iPhone Apple news, last month the tech company introduced a “grace period” for lapses in app store subscriptions. Apple’s grace period can last for six or 16 days, depending on whether the subscription duration is weekly, monthly or longer.
PYMNTS
NOVEMBER 14, 2019
Birmingham, Alabama-based Regions Bank is one such bank that is taking a digital-first approach as it seeks to remain competitive. At the heart of Regions’ digital push is a sophisticated AI tool to assist bank staff in their customer interactions.
PYMNTS
JUNE 12, 2019
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.
Gonzobanker
NOVEMBER 26, 2018
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.
PYMNTS
AUGUST 2, 2019
based firms, he noted, as they soon realize that European countries like the Netherlands or Germany prefer bank-to-bank payments to credit cards, and that those in the Asia-Pacific region tend to favor mobile wallets and bank-based methods. Regionality is really important,” he noted.
PYMNTS
NOVEMBER 13, 2019
That is something Alabama-based Regions Bank has sought to achieve through its AI ROSIE, according to Shawn Bradley, executive vice president of customer insights for the bank.
PYMNTS
JUNE 24, 2019
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.
BankThink
NOVEMBER 15, 2019
If regional banks really want to compete against behemoths and nonbank entrants they need to emphasize products over M&A. M&A Strategic buyers Consolidations Community banking Branch network BB&T SunTrust
BankThink
NOVEMBER 7, 2019
If the no-premium agreement announced by First Horizon and Iberiabank this week is a sign that sellers’ asking prices will come down, then Regions might reconsider its anti-M&A stance, a company executive said.
Bank Innovation
JULY 25, 2016
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?
PYMNTS
OCTOBER 7, 2019
The acquisition will expand NCR’s service to 1,000 restaurants in the region. NCR Corp. announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. Midwest POS is among the first NCR Aloha dealers. The Indiana- and Kentucky-based Midwest POS technology company has been serving the restaurant industry for more than 75 years.
BankThink
JULY 19, 2019
Regional banks Earnings Workforce management Interest rates Regions Bank Federal ReserveThe Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.
PYMNTS
MARCH 7, 2019
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.
BankThink
OCTOBER 23, 2019
Growth strategies M&A Commercial lending Wealth management Mortgages Regional banks Community banking Earnings
BankThink
OCTOBER 23, 2019
Regional banks Consumer banking Earnings Net interest margin Zions Bancorp. Huntington Bancshares and U.S. Bancorp also said in recent days that they are eliminating jobs to reduce overhead and improve profits.
BankThink
OCTOBER 22, 2019
Core conversions Core systems Deposits Earnings Credit quality Commercial lending Regions BankThe company says the upgrade will support future digital investments. It also said Tuesday that third-quarter profits climbed 8% but reported a sharp increase in criticized business loans.
Bank Innovation
APRIL 8, 2016
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.
PYMNTS
AUGUST 2, 2019
Beyond product and strategy, payment methods come with highly regional preferences. A recent study by GoCardless analyzed payment preferences for subscriptions, memberships, bills and installment plans in 10 countries and found a number of regional quirks.
BankThink
AUGUST 12, 2019
The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps. Performance reports Regional banks Community banks Growth strategies Deposits M&AMargin expansion may grind to a halt if the Fed holds rates steady or cuts them further.
BankThink
JULY 23, 2019
KeyCorp, Regions Financial and others have sacrificed short-term profits to avoid being crushed by an anticipated decline in interest rates. Interest rate risk Regional banks Earnings Interest rates Net interest margin Greg Carmichael KeyCorp Fifth Third Bancorp Regions Bank
PYMNTS
SEPTEMBER 3, 2019
Japan ’s struggling regional banks are taking on riskier investments as they struggle to survive. There’s excessive competition among regional banks now, which is driving fierce competition to get profit margins,” said Takayuki Atake, head of credit research at SMBC Nikko Securities Inc.
PYMNTS
JUNE 4, 2019
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.
BankThink
JULY 25, 2019
Digital banking Consumer banking Mobile banking Mobile technology Online banking Digital mortgages Regions Bank
American Banker
OCTOBER 26, 2016
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
BankThink
MAY 9, 2019
The Southeastern regional bank said Thursday that it had hired Lee Byrd to a new role dedicated to protecting customers and the company itself from fraud. Fraud detection Fraud prevention Regional banks Recruiting Digital banking Regions Bank BBVA Compass
BankThink
OCTOBER 16, 2019
SOFR LIBOR Policymaking Regional banks Joseph Otting Jelena McWilliams Randal Quarles Federal Reserve FDIC OCCExecutives sent a letter to the federal banking regulators last month expressing concern that an alternative to the London interbank offered rate could limit credit availability.
BankThink
MARCH 24, 2019
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.
Bank Innovation
MARCH 1, 2018
Exclusive Online Social Media online banking regions bank Sapient Razorfish Twitter
The Paypers
SEPTEMBER 4, 2019
(The Paypers) Shopee has opened its new regional headquarters in Singapore as the ecommerce player looks to drive further growth in Southeast Asia
BankThink
JUNE 3, 2019
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
The Paypers
OCTOBER 8, 2019
(The Paypers) US-based supply chain finance provider PrimeRevenue has announced the expansion of its presence in the EMEA region
BankThink
JUNE 7, 2019
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
BankThink
OCTOBER 18, 2019
Growth strategies Net interest margin Regional banks Earnings Interest rates M&A Fee income Mortgages Citizens Bank Federal ReserveCount Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020.
American Banker
JUNE 30, 2016
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.
PYMNTS
APRIL 11, 2018
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
Bank Innovation
JULY 20, 2016
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.
BankThink
MARCH 4, 2019
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.
BankThink
AUGUST 16, 2018
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
BankThink
JUNE 27, 2019
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.
Bank Innovation
MARCH 30, 2018
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.
Celent Banking
JANUARY 26, 2015
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.
PYMNTS
JANUARY 24, 2017
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.
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