Fiserv (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Territorial Savings Bank (NASDAQ: TBNK), a $1.53 billion financial institution with 27 branches in the state of Hawaii, now offers its customers a comprehensive mobile banking solution using Mobiliti(TM) from Fiserv.
"Territorial Savings Bank has had a reputation for meeting our customers' banking needs since our founding in 1921," said Robert Costa, senior vice president, Territorial Savings Bank. "Our customers expressed specific interest in mobile banking, and with the launch of this service we are enabling them to simply and securely manage their finances from their mobile phones."
Territorial Savings Bank is offering comprehensive mobile banking functionality to its customers via all three major mobile access modes: SMS (text messaging), mobile browser and downloadable applications for Android(TM), iPhone(R) and BlackBerry(R) devices. Customers can easily monitor accont activity, quickly locate branches and ATMs, transfer funds between accounts and pay bills.
Mobile banking is quickly increasing in popularity, particularly among younger generations, with more than 25 percent of U.S. households using mobile banking according to a recent Fiserv survey.
Mobiliti from Fiserv integrates seamlessly with the bank's online banking service, Retail Online(TM) from Fiserv, ensuring consistent information is available to customers across both the online and mobile channels. Territorial Savings Bank also uses CheckFree(R) RXP(R) from Fiserv, which enables customers to pay bills directly from online banking or mobile banking.
"The new mobile banking service from Territorial Savings Bank meets the needs of a wide variety of customers, from young professionals who want to bank primarily via their smartphones, to others who just want to keep a close eye on their balance," said Erich Litch, division president, Digital Channels, Fiserv. "Mobile banking not only allows customers to bank at their convenience, it also allows the bank to take personal service to the next level."