Trusted partnership results in greater value for Regions’ customers
ATLANTA--(BUSINESS WIRE)--Elavon, a leading global payments provider, and Regions Bank have agreed to extend their long-standing relationship to continue offering innovative and secure payment solutions to Regions’ business customers.
Since 1992, Elavon and Regions have grown together to be one of the leading merchant services providers in the Southeast. This partnership brings expanded capabilities to customers of Regions Bank including the latest point-of-sale products, omni-commerce platforms and security solutions.
“Elavon’s services are vital for our small business customers,” said Rajive Chadha, head of Regions Consumer Products and Origination Partnerships. “We are pleased to continue to offer their expertise and capabilities to our customers.”
“Having worked together for 27 years, Regions is our longest relationship with a financial institution,” said Jamie Walker, CEO, Elavon. “I believe we’ve continued to have such a strong and successful relationship because Elavon and Regions’ people keep customers top-of-mind every day. Together, we help customers more successfully manage their businesses.”
Regions is one of the nation’s largest full-service providers of consumer, commercial, mortgage and wealth management banking products and services.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $129 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 1,500 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.
Notes to editors
About Elavon
Elavon is a leading global payments company with more than 4,300 employees and operations in 10 countries. A subsidiary of U.S. Bancorp (NYSE:USB), Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go. Its platform is distinctive in that it is common across countries, making it easier for businesses to get their payment system up and running quickly and securely.
Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorization and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request.
About U.S. Bank
U.S. Bancorp, with 74,000 employees and $488 billion in assets as of September 30, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank online or follow on social media to stay up to date with company news.
Visit U.S. Bank and Elavon online or follow on social media to stay up to date with company news.
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Contact:
Joe Rauch, Communications Manager | Global Head of Communications for Merchant Acquiring | Public Affairs and Communications
E: joseph.rauch@usbank.com