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Regions Bank Expands Treasury Management Capabilities Through Clip Money and NCR Atleos

RFNATLTSXV:CLIPCLPMF
  • Regions Bank launched a treasury management solution with Clip Money & NCR Atleos to enable cash deposits at over 8,100 non-bank locations nationwide.
  • The partnership extends deposit access beyond Regions Bank's branch network to include retail stores, shopping malls, smart safes, & ATMs.
  • Businesses can deposit cash & receive coin & note change orders delivered directly to their storefronts through the integrated platform.
  • The solution offers real-time transaction visibility, centralized reporting, & next-business-day credit to primary operating accounts.
  • Key beneficiaries include retail, hospitality, healthcare, utilities, & municipal entities that handle high volumes of cash payments.
  • Regions Bank aims to modernize cash management by combining its infrastructure with Clip Money's network & Atleos' ATM capabilities.
  • Bryan Ford, Regions' head of Treasury Management, highlighted the initiative as a strategic move to improve liquidity management for multi-location businesses.
  • The service functions as a standalone option or complements existing treasury management tools for business clients.
  • Regions Bank reported accelerating innovation in real-time payments, embedded finance, & automated treasury workflows.
  • About 163 billion in assets are held by Regions Financial Corporation, which operates 1,200+ banking offices & 1,750+ ATMs.
  • NCR Atleos provides the ATM infrastructure & operational scale, while Clip Money supplies the business cash management platform & network.
  • Clients retain the ability to deposit cash at traditional Regions Bank branches in addition to the new Clip Money locations.