More Convenience. More Flexibility. Regions Bank Launches Visa Commercial Pay Mobile for Corporate Banking Clients - Seite 2

“The acceleration of digitization in B2B payments is rapidly transforming the needs and experiences of corporate clients. We are thrilled to offer top-tier services to Regions Bank and their clients, fostering growth and enhancing the customer experience for a variety of B2B payment use cases,” said Veronica Fernandez, senior vice president, regional head of North America, Visa Commercial Solutions.

Regions worked with Visa on functionality support for Visa Commercial Pay Mobile, including product development, pilot testing, product validation and associate training. It is the latest in a series of new Treasury Management products and services from Regions Bank. Those include:

• Expansion of an integrated billing and payments platform for business clients using BillerXchange, the bank’s electronic bill presentment and payment solution to automate bill presentment.
• The launch of a digital solution enabling Corporate Banking clients to send real-time payments through the RTP network from The Clearing House. The real-time payments service is part of Regions’ iTreasury platform, which offers a wide range of competitive financial-management options for businesses through Regions’ Treasury Management division.

In the coming months, Regions will launch RegionsCashFlowIQ^SM, a new tool that is being designed to help improve cash flow for clients by providing seamless accounts payable, accounts receivable, invoicing, and business bill payment capabilities for small and mid-sized businesses.

“Regions continues to envision payment solutions that meet the emerging needs of business clients,” said Bryan Ford, head of Treasury Management for Regions Bank. “At a time when businesses want more technology tools to manage their cash flow, Visa Commercial Pay Mobile provides greater options for payment needs. We appreciate the collaboration with Visa to make this solution possible, and we are proud that Regions is leading the way in being the first to offer it in the marketplace.”

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $152 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240305522878/en/

The Regions Financial Stock at the time of publication of the news with a raise of +0,71 % to 17,64EUR on Tradegate stock exchange (05. März 2024, 12:07 Uhr).