Philippines Central Bank Exploring Regional Payment Network

PYMNTS

BSP Director Raymond Estioko expects an agreement soon on how the countries can facilitate and regulate cross-border payments across the region to allow people in either country to make digital payments quickly and at little to no charge, but there’s no formal deal in place yet.

Regions Bank to Buy Financial Services Firm Sabal

PYMNTS

Regions Bank will buy Sabal Capital Partners, a financial services firm, to boost its lending capacity in the small-balance commercial real estate market, according to a press release. Regions will incorporate Sabal into its Real Estate Capital Markets division, according to the release.

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Regions Bank on How Embedded Payments Can Help FIs Capture Lasting Corporate Loyalty

PYMNTS

Regions is actively investing in our digital capabilities, which serve as a springboard for embedded payments.”. Banking automation banking Digital Payments digital shift FISPAN News Next-Gen Commercial Banking Tracker Regions Bank

Regional Banks Accelerate Modernization Through FinTech

PYMNTS

The Core-as-a-Service (CaaS) provider will integrate its core banking technology within the Tennessee-based regional bank, with First Horizon pointing to growing competitive forces within the regional banking arena.

Regions eyes bigger role in financing renewables

American Banker

Regions Bank Earnings ESG Commercial lending

Pandemic shifts regional bank’s tech roadmap

Bank Innovation

Happy State Bank, which has holdings of $3.8 billion, is prioritizing interactive teller machines (ITM) to help bridge the gap between human interaction and social distancing as it revamps its digital product roadmap to better support customers during the pandemic.

Target To Open 4 Regional 'Sortation' Centers For Deliveries

PYMNTS

Target will be debuting sortation centers to help boost the speed of business, according to a company blog post. A sortation center is a site where teams can focus on sorting packages to be shipped to customers from the stores, the post stated. A pilot opened in Minneapolis last year.

Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

As organizations turn their banks and other finserv providers to support that implementation process, Sigovitch said regional banks are facing a future in which corporates rely on them for more value-added advisory services.

Regions buying industrial loan company EnerBank USA

American Banker

Consumer lending Regions Bank ILCs Point-of-sale M&A

The Re-bundling rhythm varies by region

Daily Fintech

The post The Re-bundling rhythm varies by region appeared first on Daily Fintech. Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3

Regional banks, credit unions begin lending to pot firms

American Banker

Credit unions Regional banks Commercial lending Cannabis

Two more regional banks are rethinking overdraft fees

American Banker

Regions Bank Overdrafts Citizens Financial Consumer banking Fee income

Why Regional Supermarkets Need To Change Their Strategy

PYMNTS

Toilet paper and bleach may be flying off the shelves right now, but regional grocers are fighting to stay alive. Some ideas for those have been published in a study by Bain & Company, The Future of Retail: A Survival Guide for Regional Grocers.

Regions Bank sees potential threat in rising COVID cases in Southeast

American Banker

Regions Bank COVID-19 Earnings Commercial lending

Digital investments and the growth of regional credit card issuers

Accenture

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. Payments Credit Card Issuer Payments Navigator Regional IssuerGuest blogger Tripp Gavin and Frank Martien examine the role technology investment has played in helping smaller banks grow faster than their larger counterparts.

Regional, Community Banks Face Digital Challenges Post-Pandemic

Banking Exchange

Greenwich Associates reports widening gap in digital investment between national and regional banks Community Banking Feature3 Feature Technology Retail Banking Covid19 PPP Customers Tech Management Mobile Online.

Deposit glut ties Regions' hands

American Banker

Regions Bank Net interest margin Liquidity Deposits Earnings Regional banksDeposits are soaring while loan demand lags and mortgage-backed securities offer weak returns. So the Alabama company has parked loads of cash at the Fed in hopes the economy will pick up steam before profit margins suffer.

Asian banks ramp up regional expansion drives

The Banker

In the face of saturated local markets, banks in Japan, South Korea and Singapore are increasingly looking elsewhere in the region

MENA Region Holds Regulatory Clues For Merchants

PYMNTS

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions.

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.

Appointments: Middlefield, Pacific Western, Regions Bank

Banking Exchange

Middlefield CEO to retire, while Pacific Western creates chief innovation officer role Management Feature Human Resources Feature3. 1Management

MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions

PYMNTS

It all makes the LATAM region a fascinating use case in how eCommerce and payments can not only invigorate economies but also allow regional players to expand more assertively cross-border by leveraging the network effects and digital exactitude inherent in online marketplaces.

Commoditization, Optimization or Transformation: What’s in Your Core Wallet?

Gonzobanker

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Three winning core strategies to accommodate any financial institution’s budget, business case, and future vision.

Simmons First advances regional goals with Texas deal

American Banker

Community banking M&A

Texas 66

CFPB investigating Regions’ overdraft practices

American Banker

Regions Bank Overdrafts CFPB Law and regulationThe bank disclosed in a regulatory filing that it is in the process of responding to a civil subpoena from the Consumer Financial Protection Bureau. It is the latest bank to come under regulatory scrutiny for the fees charged to consumers who overdraw their accounts.

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? Compliance Mobile Online Retail Technology amazon online banking Regions“Our customers ask for the same thing they did 20 years ago,” Andy Hernandez, EVP and head Read More.

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. Innovations Lending Mobile Avant marketplace lending regions bankto provide customers with a streamlined loan application and underwriting “experience,” the companies announced this morning.

Currencycloud Links Regional Banks To X-Border B2B Tech

PYMNTS

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. and global payments platform Currencycloud have partnered.

Regions Rolls Out Financial Education Program

Banking Exchange

The bank has launched Regions Next Step to offer free online tools and resources for customers The Economy Feature Financial Trends Duties Technology Community Banking Feature3 Fintech PPP Covid19.

Regions to buy equipment finance firm Ascentium

American Banker

The acquisition of the Texas-based lender will help Regions expand its offerings to small businesses while adding about $2 billion of loans to the bank's balance sheet. Regions Bank M&A Commercial lending Commercial banking Small business

Orange Strikes Confident Tone Despite Drop in Q3 Revenue; MEA Region Remains Strong Growth Driver

PYMNTS

But the region showed strong commercial performance driven by positive net sales of fixed broadband in all the countries. Orange now has more than 40 million 4G customers in the two regions, a 33.6%

Regions buying California commercial real estate lender

American Banker

M&A Commercial banking Capital markets Commercial real estate lending

FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks.

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. Let’s imagine how concerning and tenuous it must be for a regional bank CIO looking to execute and innovate in today’s vendor market with the following options available to them: FIS leads, but where’s the client soul?

Regional banks see signs of life in commercial lending

American Banker

Earnings Commercial lending Commercial banking