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Online bill pay is an electronic payment service offered by many banks, credit unions and bill-pay services. It allows consumers to make various types of payments through a website or app, such as ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
Online Banking ePayments (OBeP) is a type of payments network, developed by the banking industry in conjunction with technology providers. It is specifically designed to address the unique requirements of payments made via the Internet. [1] Key aspects of OBeP that distinguish it from other online payments systems are:
Its banking subsidiary, Regions Bank, operates about 2,000 automated teller machines and 1,300 branches in 15 states in the Southern and Midwestern United States. [4] Regions is ranked 428th on the Fortune 500 and is component headquartered in Alabama. [5] Regions is also on the list of largest banks in the United States.
The bank operates over 80 retail branches, most of which are located in eastern, north-eastern, central, and south-central Kentucky. As of 2023, the bank had total deposits of US$4 billion and a market share of 3.53%. Community Trust Bancorp is the second-largest bank headquartered in Kentucky, after Stock Yards Bank of Louisville. [2]
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In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
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