Better Cash Flow. Simpler Solutions. Regions Bank Expands Integrated Billing and Payments for Business Clients
August 07 2023 - 09:00AM
Business Wire
It’s another way Regions Treasury Management is helping
companies better manage their billing and communications needs –
from one platform.
Regions Bank on Monday announced the latest enhancement to its
digital solutions that enable business clients to manage customer
billing and communications via Regions Treasury Management.
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Regions Bank on Monday announced the
latest enhancement to its digital solutions that enable business
clients to manage customer billing and communications via Regions
Treasury Management. (Photo: Business Wire)
This newest solution is powered by Mastercard, as well as Nordis
Technologies. It enables clients – ranging from small businesses to
major employers – to streamline electronic bill presentment and
payments. Here’s how it works:
- Regions clients can already enroll in BillerXchange, which is
the bank’s electronic bill presentment and payment solution powered
by Mastercard to automate bill presentment. Further, this solution
enables companies to accept online payments and enhance their
customer experience.
- Now, these clients will also have access to the patented
Expresso™ customer communications management software. This is
enabled by Nordis Technologies to help Regions clients create,
deliver and track communications to initiate payments from their
customers. These communications can be delivered via text, email or
print – whichever works best for the Regions client and their
customer.
“At Regions, we are committed to delivering the resources our
business clients need to accelerate cash flow and improve overall
cash management,” said Bryan Ford, head of Treasury Management for
Regions Bank. “At a time when business clients often need to do
more with less, automation and technology provide efficient
alternatives to the manual process of billing and receivables.
This, in turn, helps companies focus more on customer service and
product development, while we step in and make their cash flow
simpler. Our team in Regions Treasury Management is proud to expand
service capabilities with BillerXchange and Nordis Technologies to
help our clients digitally transform, automate and consolidate
their payment receivables process from start to finish.”
The integrated, omnichannel solution allows clients, ranging
from healthcare and professional services sectors to real estate,
manufacturing, distribution, wholesale industries and more, to
manage the entire lifecycle of accounts receivables from a single
integrated platform. For clients not enrolled in BillerXchange,
Regions provides the option to use Expresso digital, print
production and mail services as a separate add-on solution to meet
their communications needs.
“Nordis Technologies is proud to provide businesses greater
choice and convenience with a range of options for communications
and payments,” said Ronnie Selinger, founder and CEO of Nordis
Technologies. “It is a proven path for increasing customer
engagement and satisfaction and lowers barriers to payments. We are
proud to support Regions Bank and Mastercard with this enhanced
solution.”
The solution is just the latest in a series of new Treasury
Management products and services from Regions Bank. In the past
year, Regions launched a virtual commercial card solution to
facilitate quick, easy and on-the-go business travel payments for
clients. Additionally, Regions launched another digital solution
enabling Corporate Banking clients to send real-time payments
through the RTP® network from The Clearing House. The new real-time
payments service is part of Regions’ iTreasury platform, which
offers a wide range of competitive financial management options for
businesses through the bank’s Treasury Management division.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $156 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 more than 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.
About Nordis Technologies
Nordis Technologies is a leader in cloud-based, omnichannel
customer communications management technology, integrated with
digital delivery, print and mail services and payment solutions.
Companies trust Nordis to drive digital transformation and improve
customer experience and financial performance with Expresso™, its
patented CCM platform that delivers complete control and agility
for creating, managing and distributing critical digital and print
communications. Nordis operates state-of-the-art digital and print
production facilities in Las Vegas, Nevada and Coral Springs,
Florida.
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Jennifer Elmore Regions Bank (334) 240-1220
Regions News Online: regions.doingmoretoday.com Regions News on
Twitter: @RegionsNews
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