Regions Bank is augmenting its digital offerings with the addition of person-to-person payment and account-to-account transfer solutions from Fiserv.

The addition of Turnkey Service for Zelle and TransferNow to the bank’s current CheckFree RXP electronic billing and payment platform from Fiserv means the bank can offer a seamless experience across payment types.

“From sending money to a kid in college to making sure there is enough money in your account to cover a bill payment, there are so many everyday tasks that involve moving money,” said Andy Hernandez, head of eBusiness at Regions Bank. “By enhancing the speed and convenience of person-to-person payments and account-to-account transfers, Regions can continue to make banking easier for our customers.”

Zelle is a P2P network offered by Early Warning and allows for funds to be sent from one bank account to another, typically in minutes when both parties are enrolled in Zelle, using only a recipient’s email address or mobile number.

Turnkey Service for Zelle from Fiserv allows consumers to make fast, safe and easy P2P payments directly from their online banking sites and mobile banking apps.

TransferNow from Fiserv offers customers a way to transfer funds to or from their own non-Regions Bank accounts, making overall funds management easier by eliminating extra steps involved in withdrawing and depositing money at different banks.

“Consumer expectations for quick, simple and seamless money movement are advancing faster than ever before,” said Tom Allanson, president, Electronic Payments, Fiserv.

“Regions Bank is delivering a holistic set of capabilities that makes it easy for their customers to move and manage their money in a way that fits their life.”

Regions reported net income of $296m, down by 2.6% year-on-year for the third quarter of fiscal 2017.

Net interest income increased 8% year-over-year while the bank’s net interest margin improved by 30 basis points to 3.36%.

Alabama-headquartered Regions Bank continued its branch rightsizing strategy in the year to end June, closing a net 107 branches or 6.6% of its units. Its current network is 1,492 outlets compared to a peak of 2,087 branches in 2007.

Regions plan to eliminate $400m in expenses by the end of 2019 is on target and it expects to achieve the majority of planned savings by the end of 2018.