Bank has introduced an innovative service that gives customers more
control over how and when their Regions' debit, credit and prepaid cards
are used. Regions
LockIt lets users turn on/off authorizations for certain types of
transactions on their Regions personal CheckCards, Credit Cards and Now
Prepaid Cards in real time, providing additional fraud mitigation and
convenient spending control tools through the Regions Mobile App.
This innovative feature provides customers with
another tool to manage the safety and security of their finances,
through a best-in-class service that can be activated and used with each
eligible Regions Consumer Card in a customer's portfolio. Features of
the service include the ability to:
LockIt was implemented using First Performance Global, an innovative
technology platform that captures card transaction data in real time.
"We are very excited to see the immediate benefits to Regions customers
from our work together on LockIt," said Bill Hernandez, Chief Executive
Officer with First Performance Global. "Working together, we've been
able to bring an innovative and powerful tool to their card holders,
place control and alerts in their hands and provide the company a strong
foundation for meeting present and future business needs."
LockIt is available with no additional card registration and no fees to
customers and can be accessed through the Regions Mobile App, available
for download in the Android and Apple app stores.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $123 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, mortgage, and insurance 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 1,900 ATMs. Additional information about Regions and its full line
of products and services can be found at www.regions.com.
About First Performance Global
First Performance Global provides an innovative platform that captures
card transaction data in real-time, through integration with existing
card authorization systems. The platform enables the delivery of card
data, geolocation information, controls, alerts, social media messaging,
self-service, and call center management. The company empowers card
issuers to provide their customers with self-service automation and
personalized management of their accounts, and utilize the platform to
address timely market conditions, to stay competitive, and to have a
flexible set of tools to meet future business, market, and regulatory
demands. For more information, visit www.firstperformance.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171207005139/en/
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