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Quick Balance feature is part of the all-new Bank of the West mobile
apps for iPhone and Android, built on Mobiliti from Fiserv
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First of its kind capability enables customers to access their account
balances with just the slide of a finger
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Apps also support in-demand functions such as bill payment and check
deposit
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Bank of the West, a $63
billion asset bank with locations in 19 Western and Midwestern states,
has launched new apps for iPhone®, Android® and
iPad®, each of which is built on the Mobiliti™ mobile banking
and payments platform from Fiserv. Among the highlights of the iPhone
and Android apps is the Quick Balance feature, which enables enrolled
users to access their balances with the slide of a finger, without
logging into their accounts. The feature is the first of its kind for a
North American bank.
According to the 2012 Fiserv Consumer Trends Survey, 25 million U.S.
households are using mobile banking. Viewing account balances is the
number one activity among users, with 66 percent saying they viewed
their account balance on their mobile device within the last 30 days.
"We couldn't be more pleased with customer feedback to our new mobile
platform," said John Finley, senior vice president, Digital Channels,
Online & Mobile Banking, Bank of the West. "Since the launch of the apps
and the Quick Balance feature, we've doubled the number of Bank of the
West registered mobile banking users and had a three-fold increase in
log-ins per day."
In addition to standard mobile banking functionalities, such as account
information access and an ATM and branch locater, each of the apps from
Bank of the West features secure transactional capabilities such as bill
payment, funds transfer between Bank of the West accounts and the
ability to deposit a check remotely by taking a picture with a
smartphone or tablet. The bank is using best practices such as videos
and well-trained branch staff to educate customers on the new mobile app
capabilities.
"Bank of the West has put its customers first with the design of new
mobile banking apps that are ahead-of-the-curve with convenience
features such as Quick Balance," said Erich Litch, division president,
Digital Channels, Fiserv. "Quick Balance is a direct response to
consumers' preference for easier and faster access to account
information. Providing the capabilities that consumers want, and making
them easy to access and use, is essential to increasing adoption and
usage of mobile banking."
In addition to Mobiliti, Bank of the West, a Fiserv client since 2002,
utilizes Corillian Online®, CheckFree® RXP®,
Popmoney® and TransferNow® from Fiserv. The bank
is also leveraging Fiserv mobile adoption services to increase mobile
adoption and utilization.
About Bank of the West
Founded in 1874, $63 billion-asset Bank of the West (www.bankofthewest.com),
member FDIC and equal housing lender, offers a wide 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
employees.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, driving innovation in payments,
processing services, risk and compliance, customer and channel
management, and business insights and optimization. For more
information, visit www.fiserv.com.
FISV-G
Media Relations:
Ann Cave
Director, Public Relations
Fiserv,
Inc.
678-375-4039
ann.cave@fiserv.com
or
Additional
Contact:
Debra Jack
Corporate Communications
Bank of
the West
415-399-7202
debra.jack@bankofthewest.com
Source: Fiserv, Inc.
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