Regions Bank on Tuesday announced the launch of a treasury management solution with Clip Money and NCR Atleos that enables businesses to deposit cash through more than 8,100 Clip Money locations across the U.S., extending deposit access beyond Regions Bank’s branch network.
Read More on Fintech : Global Fintech Interview with Shai Gabay, CEO at Trustmi
Clip Money is a financial technology company operating the largest non-bank cash deposit network for businesses. The solution combines Clip Money’s business cash management platform with NCR Atleos’ ATM infrastructure and cash access capabilities, enabling Regions Treasury Management clients to make deposits at over 8,100 participating retail locations, smart safes and ATM locations nationwide and receive coin and note change orders delivered directly to their business. The solution allows clients to streamline deposits to a primary operating account while maintaining greater transaction visibility through centralized reporting and account management tools.
Treasury management services represent a continued growth priority and key differentiator for Regions Bank as the company offers businesses more convenient options for optimizing cash flows and managing payments and receivables. Regions has launched a series of enhancements in recent years, offering a range of services developed in-house at Regions and others developed in conjunction with third-party providers, like Clip Money.
Modernizing Cash Deposits for Businesses:
With Clip Money, business clients benefit from the following:
Which Industries Benefit from Using Clip Money: Clip Money is designed to support a broad range of Regions’ Commercial Banking clients that operate across multiple locations and accept a large volume of cash payments including:
Source link







