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Regions Bank has been recognized by FORTUNE as one of America’s Most Innovative Companies for 2024. The company's innovative approach to product and process innovation, along with a strong innovation culture, has led to this prestigious recognition. Regions Bank focuses on simplifying banking and enhancing customer experience through various new products and services. The bank's commitment to innovation is evident in its efforts to help customers build financial confidence and achieve their goals.
Regions Bank è stata riconosciuta da FORTUNE come una delle aziende più innovative d'America per il 2024. L'approccio innovativo dell'azienda nei prodotti e nei processi, unitamente a una solida cultura dell'innovazione, ha portato a questo prestigioso riconoscimento. Regions Bank si concentra su semplificare le operazioni bancarie e migliorare l'esperienza dei clienti attraverso vari nuovi prodotti e servizi. L'impegno della banca per l'innovazione è evidente nei suoi sforzi per aiutare i clienti a costruire fiducia finanziaria e raggiungere i propri obiettivi.
Regions Bank ha sido reconocido por FORTUNE como una de las Empresas Más Innovadoras de América para 2024. El enfoque innovador de la compañía en productos y procesos, junto con una fuerte cultura de innovación, ha llevado a este reconocimiento prestigioso. Regions Bank se enfoca en simplificar la banca y mejorar la experiencia del cliente a través de diversos productos y servicios nuevos. El compromiso del banco con la innovación es evidente en sus esfuerzos para ayudar a los clientes a construir confianza financiera y alcanzar sus metas.
Regions Bank는 2024년 미국에서 가장 혁신적인 회사 중 하나로 FORTUNE에 의해 인정받았습니다. 제품 및 프로세스 혁신에 대한 회사의 혁신적인 접근 방식과 강력한 혁신 문화가 이러한 명성 있는 인식으로 이어졌습니다. Regions Bank는 다양한 새로운 제품 및 서비스를 통해 은행 업무를 간소화하고 고객 경험을 향상시키는 데 중점을 둡니다. 고객이 재정적 자신감을 구축하고 목표를 달성할 수 있도록 돕는 노력에서 은행의 혁신에 대한 헌신이 명백합니다.
Regions Bank a été reconnue par FORTUNE comme l'une des entreprises les plus innovantes d'Amérique pour 2024. L'approche innovante de l'entreprise en matière de produits et de processus, ainsi qu'une culture d'innovation solide, ont conduit à cette reconnaissance prestigieuse. Regions Bank se concentre sur la simplification des opérations bancaires et l'amélioration de l'expérience client à travers divers nouveaux produits et services. L'engagement de la banque en faveur de l'innovation est évident dans ses efforts pour aider les clients à construire une confiance financière et atteindre leurs objectifs.
Regions Bank wurde von FORTUNE als eines der innovativsten Unternehmen Amerikas für 2024 ausgezeichnet. Der innovative Ansatz des Unternehmens in Produkt- und Prozessinnovationen sowie eine starke Innovationskultur haben zu dieser prestigeträchtigen Anerkennung geführt. Regions Bank konzentriert sich darauf, das Bankwesen zu vereinfachen und das Kundenerlebnis durch verschiedene neue Produkte und Dienstleistungen zu verbessern. Das Engagement der Bank für Innovation zeigt sich in ihren Bemühungen, Kunden dabei zu helfen, finanzielles Vertrauen aufzubauen und ihre Ziele zu erreichen.
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Bank is committed to helping people and businesses build financial success through personalized service.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Regions Bank on Tuesday announced the company has been recognized by FORTUNE® magazine as one of America’s Most Innovative Companies for 2024. The FORTUNE rankings, which are now in their second year, highlight a wide range of companies serving on the forefront of innovation in the U.S.
“Our customers see Regions’ approach to innovation every day, not only through the technology in the palm of their hands but also through the insightful, customized services we deliver,” said John Turner, Chairman, President and CEO of Regions Financial Corp. (Photo: Business Wire)
Product Innovation: This examines a company’s products and services for design, usability and more.
Process Innovation: This examines a wide range of processes within a company, such as procurement, sales and marketing.
Innovation Culture: This measures the creativity and inherent sense of entrepreneurship within a company, primarily based on associate/employee evaluations.
“Our customers see Regions’ approach to innovation every day, not only through the technology in the palm of their hands but also through the insightful, customized services we deliver,” said Regions Chairman, President and CEO John Turner. “Throughout the bank, we are committed to leveraging our experience and insights in ways that help customers build financial confidence and reach their goals. From individual consumers to small businesses, major corporations, and people investing for the future, Regions’ clients benefit from how our focus on innovation enhances the customer experience and creates better results.”
Defining Innovation:
Regions sees innovation, in part, as enhancements that make banking simpler and more intuitive. Over the past year, the bank introduced or enhanced a variety of products and services exemplifying an innovative culture. Examples include:
The launch of Visa Commercial Pay Mobile, an enhanced commercial card solution, that allows Treasury Management clients to make quick, easy and secure payments from the convenience of a digital wallet
Process Innovation
Enhancing the signature Regions Greenprint® experience, which helps consumers and small businesses develop a pathway toward financial confidence via ongoing digital and in-person support
Providing innovative products that help customers confidently manage their finances, such as Early Pay and Regions Overdraft Grace
“Innovation is at the heart of exceptional service,” Turner concluded. “It’s an essential component of fulfilling our mission to make life better for the people and places we serve.”
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $155 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 approximately 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.
Jeremy D. King
Regions Bank
Regions News Online: regions.doingmoretoday.com
Regions Media Line: (205) 264-4551
Source: Regions Financial Corporation
FAQ
What is Regions Bank's ticker symbol and why was it recognized by FORTUNE?
RF. Regions Bank was recognized by FORTUNE as one of America’s Most Innovative Companies for 2024 due to its innovative approach to product and process innovation, along with a strong innovation culture.
What areas does FORTUNE focus on to determine a company's innovation?
FORTUNE focuses on three key areas to determine a company's innovation: Product Innovation, Process Innovation, and Innovation Culture.
How does Regions Bank define innovation and what are some examples of its innovative products and services?
Regions Bank defines innovation as enhancements that make banking simpler and more intuitive. Some examples of its innovative products and services include expanding integrated billing and payment opportunities for business clients, launching Visa Commercial Pay Mobile, and enhancing the signature Regions Greenprint experience.
How does Regions Bank foster an innovation culture among its associates?
Regions Bank fosters an innovation culture among its associates by setting aside a full week called Evergreen to honor their contributions. The bank combines business growth with a focus on giving back to the communities where its associates live and work.
What is the mission of Regions Bank according to John Turner?
According to John Turner, the Chairman, President, and CEO of Regions Financial Corp, the mission of Regions Bank is to make life better for the people and places they serve by focusing on innovation and exceptional service.
