Regions Bank Advances Cloud-Based Deposit Platform Pilot
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On October 17, 2026, Regions Bank said cybersecurity costs are expected to increase its full-year 2026 adjusted non-interest expense by 1.5% to 3.5%. The bank said that the heightened cyber threats brought by artificial intelligence have increased the importance of related investments; investments in technology and infrastructure have already driven equipment and software spending up 6%. Regarding business systems, Regions Bank plans to pilot a cloud-based deposit platform in the next one to two weeks and expand the pilot in the first quarter of 2027, with the goal of completing customer migration by the end of the second quarter or the beginning of the third quarter, at which point it will provide a real-time system.
AI-written from reports · updated 2 days ago
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- PYMNTSRegions Bank says AI cybersecurity investment will increase 2026 adjusted non-interest expense by 1.5% to 3.5%
Regions Bank expects cybersecurity costs to increase its full-year 2026 adjusted non-interest expense by 1.5% to 3.5%, as AI-driven cyber threats raise the importance of related investment. The company’s technology and infrastructure investments have already driven equipment and software spending up 6%, and it plans to pilot a cloud-based deposit platform in the next one to two weeks. The platform will expand its pilot in the first quarter of 2027 and complete customer migration by the end of the second quarter or early in the third quarter, providing a real-time system.
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