Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%

Overview

Regions Financial Corp., parent company of Regions Bank, expects the cost of cybersecurity to increase its adjusted noninterest expense by between 1.5% and 3.5% for full-year 2026, Chief Financial Officer Anil Chadha said Friday (Oct. 16) during an earnings call. The company’s investments in technology and infrastructure drove a 6% increase in its equipment and software expense, according to […] The post Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5% appeared first on PYMNTS.com

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