Companies will make a five dollar donation to the Arbor Day Foundation
for each Bank of the West customer that activates a new e-bill
Each customer that activates a new e-bill will also receive a five
dollar credit to their account
Research shows helping the environment is an important factor in
consumers' decisions to receive e-bills
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial
services technology solutions, and Bank of the West today announced a
joint promotion to raise awareness of the environmental benefits of
electronic bills (e-bills) and encourage their use. The companies will
make a five dollar donation to the Arbor Day Foundation for each
customer that activates a new e-bill through Bank of the West Online
Banking between April 13 and May 20, 2012. In addition, each customer
will receive a five dollar credit to their account.
Bank of the West customers will have the opportunity to generate up to
$10,000 in donations, which would fund the planting of 10,000 trees.
Customers can receive e-bills from more than 400 companies through their
online banking account at Bank of the West, including common household
bills such as utility, mobile phone and credit card bills. E-bills for
Bank of the West products and services are not eligible for the
"We believe one of the best ways to raise awareness of the green
advantages of e-bills and electronic bill payment is through initiatives
that can have a direct environmental impact," said Laurie Callagy,
Online Banking Product Manager at Bank of the West. "E-bills not only
reduce paper waste, they also help eliminate clutter and enable our
customers to better organize their household finances."
Paperless electronic bills, commonly known as e-bills, contain all of
the same information as traditional paper bills, but are delivered to a
financial institution or company website instead of a physical mailbox.
E-bill use can reduce paper waste and curb the release of greenhouse
gases associated with the transport of paper bills. They are also
secure, convenient and clutter-free, enabling consumers to receive and
store bills online at the same site where they are paid. E-bill
recipients at Bank of the West can schedule a specific date on which
their household bill will be paid and take advantage of features such as
According to the latest Fiserv
Billing Household Survey, when asked about the single most important
reason to receive e-bills, current recipients chose convenience (30
percent), followed by saves paper and energy (21 percent). In addition,
58 percent of recipients said the environment was an important or very
important factor in their decision to receive e-bills.
"Overall consumer interest in e-bills is strong, yet many consumers are
still unsure of how e-bills work and how they might benefit from them,"
said Bryan Allison, director, Consumer Marketing and Insights, Fiserv.
"Bank of the West is taking steps to educate their customers on the
benefits of e-bills, and offering incentives to try e-bills with a
donation to a respected organization and a personal account credit.
We've seen that this combination of education and incentives does
motivate consumers to sign up for e-bills."
Consumers can visit EBillPlace.com
for more information on e-bills and to calculate how much they can
reduce their environmental impact by switching to electronic billing,
statements and payments.
Bank of the West has been a Fiserv client since 2002, and uses solutions
including Corillian Online® for online banking and CheckFree®
RXP® for electronic payments.
About Bank of the West
Founded in 1874, $62.4 billion-asset Bank of the West (www.bankofthewest.com),
member FDIC and equal housing lender, offers a full range of personal,
commercial, wealth management and international banking services. The
bank operates more than 700 retail and commercial banking locations in
19 Western and Midwestern states. Bank of the West is a subsidiary of
BNP Paribas, which has a presence in 80 countries with nearly 200,000
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry. Fiserv is driving innovation in
payments, processing services, risk and compliance, customer and channel
management, and business insights and optimization. For six of the past
eight years, Fiserv ranked No. 1 on the FinTech 100, an annual
international listing of the top technology providers to the financial
services industry. For more information, visit www.fiserv.com.
Manager, Public Relations
Channels and Electronic Payments
Public Relations Manager
Source: Fiserv, Inc.
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