Software

Regions Bank selects Temenos for cloud banking

Image via Adobe Stock

April 14, 2023

Regions Bank has selected Temenos to upgrade its legacy system for records and deposits to the Temenos Banking Cloud. With this upgrade, Regions Bank aims to improve the overall customer experience with more personalized banking products and services, according to a press release.

Temenos built this software-as-a-service solution to be open, cloud native and scalable. With this partnership, Temenos will be serving a bank with $155 billion in assets, ranking 27th overall for consolidated assets as of Dec. 31, 2022.

"At Regions, the foundation of our business is clear: experienced bankers, supported by technology, meeting customers' needs with competitive solutions. Modernizing our core systems supports our ongoing focus on innovation and delivering value to our customers through personalized offerings and intuitive, streamlined experiences," John Turner, president and CEO of Regions Financial Corp., said in the release. "This, in turn, paves the way for continued, sustainable growth. We look forward to collaborating with Temenos on the evolution of banking technology in the U.S."