Fiserv Launches Enhanced Relationship Rewards for Premier, Now with Loyalty Points
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Relationship Rewards for Premier integrates with UChoose Rewards from
Fiserv , which offers a wide array of online point redemption options - Enables banks to develop tailored rewards programs that attract and retain accounts by recognizing the entire banking relationship
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Southern Community Bank and Trust exceeds new account goals, realizes 2.5 times greater retention levels than average for customers enrolled in rewards program
The patent-pending design of the newest version of Relationship Rewards for Premier enables banks to choose how to reward profitable customer behaviors, relationships and activities. Financial institutions may reward customers for their product relationships, balances, electronic statement delivery, mobile banking, bill payment, direct deposit, point of sale transactions and more. The reward may include bank-fulfilled benefits, such as premium interest rates, refunded fees, rebates or waived services changes.
Using Relationship Rewards loyalty points and UChoose
Rewards®, separately licensed components of the solution,
banks can award points for a wide array of redemption options. Now fully
integrated with Relationship Rewards, UChoose Rewards from
"I would say it has been the most successful product launch in our
bank's 15-year history," says
Because no single customer loyalty program will resonate with all
customer segments, Relationship Rewards acknowledges many kinds of
behaviors, enabling banks to customize their solution and offer multiple
programs to attract and serve a diverse customer base. Through
Relationship Rewards,
"Relationship Rewards helps financial institutions build trust and
goodwill to drive account acquisition and boost customer retention,
while replacing revenue lost to regulation," said
Additional Resources
- Relationship Rewards screenshot — http://ow.ly/4C2Ai
- Fiserv Loyalty solutions overview — http://www.fiserv.com/ccm_loyalty.htm
About
FISV-G
For more information contact:
Media Relations:
Director,
678-375-1210
wade.coleman@fiserv.com
or
Additional
Fiserv Contact:
Senior Vice President
Bank
Solutions
402-421-4211
david.carden@fiserv.com
Source:
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