MEMPHIS, Tenn., June 6, 2011 (GLOBE NEWSWIRE) -- To better meet the needs of business customers on the go, First Tennessee Bank has launched a business mobile banking product featuring sophisticated treasury management capabilities for iPhones and other smartphones.First Tennessee is part of the First Horizon National Corp. (NYSE:FHN) family of companies.
With business mobile banking, customers can conduct key business banking functions securely and conveniently from the web browsers of their mobile devices. Customers can view account balances, initiate stop payment requests, pay bills, transfer funds, approve the release of ACH files for processing, view check and deposit images and make positive pay decisions.
"At First Tennessee, we're constantly developing mobile technology to fit the changing lifestyles of our customers," said Taylor Vaughan, director of treasury management services for First Tennessee. "We are one of the first banks in the country to offer this unique business functionality, and it's just another step we are taking to ensure we continue to be the bank of choice for our business customers."
First Tennessee has a history of being on the forefront of technological advancements in the financial industry. The company pioneered the Visa payroll card, one of BusinessWeek magazine's Best Products of 2001. First Tennessee was also a pioneer of remote deposit capture, which allows businesses to deposit checks by scanning them rather than physically delivering them to the bank. And for the past two years First Tennessee's parent company has been named to the Information Week 500, a ranking of the country's most innovative users of technology.
Business mobile banking is available to business banking online customers with no additional fees. For more information about business mobile banking, customers can visit www.ftb.com/bizmobile.
About First Horizon
The 5,200 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through almost 180 First Tennessee Bank locations in and around Tennessee and 18 FTN Financial Group offices in the U.S. and abroad. First Tennessee has the leading combined market deposit share in the counties where it does business and one of the highest customer retention rates of any bank in the country. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional clients in the U.S. and abroad. FHN has been recognized as one of the nation's best employers by AARP and Working Mother magazines. More information is available at www.fhnc.com.
CONTACT: First Horizon Contacts: Taylor Vaughan, (901)523-4600 Media Relations, Lizzy Haymond, (901)523-4291