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 MoreClear Payments® and Chexar Networks® Announce Patent Pending Solution for Mobile Deposit Capture 0
Deposit Choicesm Platform Enables Remote Deposit Capture Providers to Integrate Mobile and Other Solutions and Offer a Dual Deposit Choice to the Consumer Nashville, TN, February 17, 2012 – Clear Payments, Inc. (“CPI®”) and Chexar Networks, Inc. (“CHEXAR®”) have developed a comprehensive integrated solution for the seamless processing and clearing of check-to-card remote deposits called …
Read MoreChecks and Balances 0
Chexar reaching underbanked customers Atlanta Business Chronicle by Doug DeLoach, Contributing Writer Date: Friday, February 10, 2012, 6:00am EST It can be difficult sometimes identifying which came first, the development of a technology that fits a niche or the development of a niche for which a particular technology happens to fit. Regardless of which scenario …
Read MoreRegions bank pursues non-customers for business 0
Services aim to make up profit lost to rules, soft loan demand By Bobby Allyn | The Tennessean Regions Financial Corp., the biggest bank in the Nashville market, has started TV and print advertising in Middle Tennessee aimed at capturing a share of business from customers who don’t keep checking or savings accounts. “Banks are …
Read MoreConsumer Desperation Index falls to 95 0
I love December. Christmas. Good tidings to you and all of your friends. And, for the second year in a row, the Consumer Desperation Index falls. It does my heart good to see less fraud going on, as far a check cashing goes, during the holidays. Perhaps it has to do with the typical uptick …
Read MoreWhy Banks Shun 30 Million Americans 0
Christian Science Monitor | 06 Jan 2012 | 09:51 AM ET As read on CNBC. They are 30 million consumers, representing a quarter of U.S. households, who earn a collective $1.3 trillion a year. But banks don’t want to serve them, because they lose money. And the nonfinancial institutions who do serve them may not …
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