PINE BLUFF, Ark., Oct. 7, 2020 /PRNewswire/ -- Almost exactly
one year after launching its completely new mobile app in
October 2019, Simmons has released
the first installment of a phased credit and debit integration
through Jack Henry's Banno software.
The integration will bolster mobile and online functionality by
adding features like the ability to view credit card transactions,
payment due dates and more starting on Oct.
6, and will culminate with full management capabilities for
Simmons cards in 2021.
"Since launching our new app last fall, one of the most exciting
features has been leveraging Banno's open platform and APIs to have
our own Simmons Bank development team build services that match
customers' unique needs," said Alex
Carriles, executive vice president and chief digital officer
at Simmons Bank. "The opportunity for creativity and customization
has been extraordinary, driving benefits for both our company and
customers."
Simmons' recent digital strides are part of the company's Next
Generation Bank initiative, a multi-year project that began in 2018
and represents a $100 million
investment in technology.
Carriles credits this technology investment as key to the bank's
performance throughout the coronavirus crisis, when digital banking
trends accelerated across the industry. "While COVID has unleashed
industry impacts that no one could have foreseen, Simmons was well
positioned to meet increased digital banking needs due to our
pre-existing focus on these services. During Q2 and Q3, we were
able to easily accommodate a growth of over 30 percent in the
number of customers using mobile and online banking."
About Simmons Bank
Simmons Bank is an Arkansas state-chartered bank that began in
1903. Through the decades, Simmons has developed a full suite of
financial products and services designed to meet the needs of
individual consumers and business customers alike. Simmons has
grown steadily and today operates more than 200 branch locations
throughout Arkansas, Illinois, Kansas, Missouri, Oklahoma, Tennessee and Texas. Simmons is the subsidiary bank for
Simmons First National Corporation (NASDAQ: SFNC), a publicly
traded bank holding company headquartered in Pine Bluff, Arkansas, with total consolidated
assets of $21.9 billion as of
June 30, 2020. For more information,
visit https://simmonsbank.com/.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/deepening-digital-focus-simmons-announces-banno-credit-and-debit-integration-301147874.html
SOURCE Simmons Bank