Atlanta, Georgia, September 26, 2011 – Chexar Networks, Inc. (“CHEXAR®), announced today that Regions Bank, the principal banking subsidiary of Regions Financial Corporation (NYSE: RF), will implement Chexar Networks technology to provide enhanced check cashing and deposit services across the bank’s 1,700 branches in 16 states. “At Regions we know that consumers value flexibility, convenience …
Read MoreTax Refund Desperation 0
As Chexar validation and guarantee service moves more prominently into personal remote deposit capture (ie. load a check to a prepaid card from your phone), we are adjusting our fraud rules to reflect the shift. We find that the easier we make it for people to consider fraud, the more likely they are to pursue. …
Read MoreRegions Finishes Rolling Out Financial Products for the Underbanked 0
By Victoria Finkle American Banker | March 29, 2012 Regions Financial (RF) has finished rolling out a suite of alternative financial services, including check cashing, money transfer and expedited bill pay services, along with a prepaid card. The program, called “Now Banking,” is designed to broaden the services offered to current customers and to attract …
Read MoreRegions Bank Branches Prepared for the Unbanked, Underbanked 0
As read on MyBankTracker.com After a phased rollout, Regions Bank (NYSE: RF) now touts financial services — prepaid cards, check-cashing and Western Union services — to unbanked and underbanked customers throughout its 16-state footprint. “Since introducing Regions Now Banking last fall the response has been very positive and we are proud to be the only …
Read MoreInterview with John Collins and Drew Edwards of Chexar Networks, Inc. 0
As read on IPayment News March 27, 2012 I attended the Prepaid Expo at the Mandalay Bay in Las Vegas and once again I was very impressed by the quality of the conference and that of the IIR USA production team led by Simon O’Neill. I had numerous interviews that included an impressive lineup of …
Read MoreHow Can Retail Branches Become More Profitable? 0
As read on BankDirector.com By: T. Stephen Johnson March 23rd, 2012 I have two grown children, 25 and 28 years old, who have checking accounts, but have never been in a bank office. Yet, despite all the evidence that branch usage is in decline over the past decade, the industry continues to build new offices. …
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