Regions prioritizes tech amid move to cut expenses
“We’ve elected to accelerate our investment in both mobile and enhancing our mobile app and in our digital origination capabilities,” CEO John Turner said. “Those things will be a real focus of us, of ours internally over the next six to nine months.”
Birmingham, Ala.-based Regions Bank is throwing its weight behind technology as the bank pulls back in other areas to keep overall expenses flat. “We have places and levers to pull on expenses. It’s really hard because we have to make investments in technology, in digital, in people, to continue to grow revenue and grow customers […]
