Sovereign Bank-CheckFree Arbor Day Campaign Results in More than 12,000 New Tree Plantings
2007年9月18日 - 10:00PM
PRニュース・ワイアー (英語)
One Tree Planted Across the U.S. for Each Consumer-Activated
Electronic Bill ATLANTA and WYOMISSING, Pa., Sept. 18
/PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) and
Sovereign Bank (NYSE:SOV) today announced results that exceeded
expectations for the "Go Paperless" campaign, designed to educate
consumers about the green-friendly benefits of receiving bills
online. In partnership with the National Arbor Day Foundation,
Sovereign and CheckFree sponsored tree plantings for each new
electronic bill, or e-bill, activated at Sovereign Bank during
April and May, 2007. The "Go Paperless" campaign focused on
educating consumers about the environmental benefits of turning off
mailed paper bills and replacing them with e-bills received at
their Bill Payment Center within Sovereign Online Banking.
Sovereign Bank customers responded to the environmental campaign by
activating e-bills at a 32 percent higher rate than the same period
a year ago. E-bill activations and subsequent tree plantings
totaled 12,386, well above the aggressive 10,000 goal for the
two-month campaign. E-bills contain the same information as typical
paper bills, but are delivered online rather than via regular mail.
Because consumers can securely receive, view and pay multiple
e-bills at a single financial institution's Website, it can help
improve household organization, reduce the stack of paper bills on
the kitchen table and enhance the convenience of managing accounts.
Replacing paper bills with e-bills can also remove sensitive
financial records from unsecured mailboxes to help lower the risk
of falling victim to identity fraud. "Sovereign is committed to
educating its customers about simple ways to conserve the
environment and improve their household financial management," said
Len Goodman, director of product management at Sovereign Bank.
"Receiving and paying bills at Sovereign's easy-to-use online
banking site offers the added benefit of enhancing the world's
water, land and air quality. After analyzing the campaign results,
one thing is clear: our customers share our environmental
commitment. We look forward to continuing to work with CheckFree's
channel marketing team to drive industry best practices in online
marketing. We plan to make this Arbor Day 'Go Paperless' initiative
an annual event to drive e-bill adoption and help us plant even
more trees across America." During the campaign period, Sovereign
also migrated to the latest version of CheckFree Web RXP(SM), the
industry's leading electronic billing and payment solution.
CheckFree Web RXP provides a rich user experience that gives
consumers a real-time, comprehensive view of their bill payment
activity, including account balance, e-bill information, pending
and recent payments. CheckFree Web RXP also gives users more
control than ever over their bill payment activity, including
payment scheduling, posting information, alerts and notifications.
In June 2007, Javelin Strategies and Research, an independent
research firm, reported that if all U.S. households viewed and paid
their bills online, it would annually save 2.3 million tons of
wood, or 16.5 million trees, and reduce toxic air pollutants by 3.9
billion pounds of CO2 equivalents (greenhouse gases), akin to
having 355,015 fewer cars on the road. According to The 2007
Consumer Bill Payment Survey, conducted by Harris Interactive and
the Marketing Workshop, Inc., and sponsored by CheckFree, 52
percent of e-bill users agreed that "receiving bills in electronic
form saves paper and energy, helping our nation's environment" as
one of the top reasons they chose to receive e-bills. Paying bills
online can have a positive impact on the environment by reducing
the need for checks, envelopes and stamps, and the need to
transport paper bills to complete transactions. Many consumers are
choosing not only to pay bills online, but receive statements and
bills electronically and opt out of mailed paper bills altogether.
Combined with electronic bill payment, this can eliminate paper
entirely from the consumer billing process. "By receiving secure
e-bills at their banks' Websites, consumers can collectively reduce
the environmental impact of paper production, while reaping the
organizational, convenience, control and security benefits of
online banking," said Alex Hart, executive vice president and
general manager of CheckFree Electronic Banking Services. "We
applaud Sovereign Bank for educating consumers about all the
advantages of going paperless, and their customers who helped plant
more than 12,000 new saplings across the United States." Consumers
can sign up to receive e-bills at http://www.sovereignbank.com/ or
sign up for online banking and bill payment at any of nearly 800
Sovereign Community Banking Offices in the Northeastern United
States. In addition, Sovereign has made it even simpler for
consumers to sign up for e-bills. While viewing relevant biller and
payment information at sovereignbank.com, consumers receive
targeted educational tips based on their past payment behavior. If
a consumer pays a bill at sovereignbank.com, but receives it via
paper mail, a payment assistant message informs the consumer about
how e-bills work, and provides a Website link to set up the
service. Sovereign's New Bill-Pay Calculator A new tool available
at sovereignbank.com helps consumers calculate time and cost
savings and learn about the environmental benefits of receiving and
paying bills online. By inputting the number of monthly bills into
the calculator tool, consumers can immediately determine savings
from a monthly to 10-year basis. Calculations are based on the cost
of stamps and CheckFree Research Services data on the average time
it takes for consumers to pay paper bills versus electronic bills.
To use the Bill-Pay Calculator, visit
http://www.sovereignbank.com/billpay Spend Some Time at
ebillplace.com Consumers who want to learn more about electronic
billing and payment can visit http://www.ebillplace.com/. This
virtual neighborhood helps consumers discover their bill payment
tendencies through the Bill Payment Personality Quiz, and includes
a demo that shows them how fast and easy it is to receive and pay
bills online. This educational Website is a fun, interactive way
for consumers to learn about how e-bills can save them time and
money, review a list of financial institutions and portals that
offer them, see which companies send bills and receive payments
electronically, and review a list of items they will need to easily
and quickly enroll in an electronic billing and payment service.
About The National Arbor Day Foundation (http://www.arborday.org/)
The National Arbor Day Foundation is a nonprofit, environmental
education organization of nearly one million members, with a
mission to inspire people to plant, nurture, and celebrate trees.
More information on the Foundation and its programs can be found at
http://www.arborday.org/. About Sovereign
(http://www.sovereignbank.com/) Sovereign Bancorp, Inc.,
("Sovereign") (NYSE:SOV), the parent company of Sovereign Bank, is
a $90 billion financial institution, as of December 31, 2006, with
nearly 800 community banking offices, more than 2,000 ATMs and
approximately 12,000 team members with principal markets in the
Northeastern United States. Sovereign offers a broad array of
financial services and products including retail banking, business
and corporate banking, cash management, capital markets, wealth
management and insurance. Sovereign is the 17th largest banking
institution in the United States. For more information on Sovereign
Bank, call 1-877-SOV-BANK or visit sovereignbank.com. About
CheckFree (http://www.checkfreecorp.com/) Founded in 1981,
CheckFree Corporation (NASDAQ:CKFR) provides financial electronic
commerce services and products to organizations around the world.
CheckFree Electronic Commerce solutions enable financial services
providers to offer the convenience of online banking, and along
with billers, to offer the convenience of receiving and paying
household bills online, via phone or in person through retail
outlets. CheckFree Investment Services provides a broad range of
investment management solutions and outsourced services to hundreds
of financial services organizations, which manage about $1.8
trillion in assets. CheckFree Software develops, markets and
supports software applications that are used by financial
institutions to process more than two- thirds of the nearly 14
billion Automated Clearing House transactions in the United States.
The division also provides financial institutions and other
organizations with payment processing and consulting,
reconciliation and exception management, fraud and risk management,
cash and logistics management, and compliance software and
services. Certain of the Company's statements in this press release
are not purely historical, and as such are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These include statements regarding management's
intentions, plans, beliefs, expectations or projections of the
future. Forward-looking statements involve risks and uncertainties,
including without limitation, the various risks inherent in the
Company's business, and other risks and uncertainties detailed from
time to time in the Company's periodic reports filed with the
Securities and Exchange Commission, including the Company's Annual
Report on Form 10-K for the year ended June 30, 2007 (filed August
24, 2007). One or more of these factors have affected, and could in
the future affect the Company's business and financial results in
future periods, and could cause actual results to differ materially
from plans and projections. There can be no assurance that the
forward-looking statements made in this press release will prove to
be accurate, and issuance of such forward-looking statements should
not be regarded as a representation by the Company, or any other
person, that the objectives and plans of the Company will be
achieved. All forward-looking statements made in this press release
are based on information presently available to management, and the
Company assumes no obligation to update any forward-looking
statements. DATASOURCE: CheckFree Corporation CONTACT: Media
Relations, Sheryl Roehl of CheckFree Corporation, +1-678-375-1682,
; or D.J. Murphy of Sovereign, +1-617-757-5513, ; or Kevin Sander
of Arbor Day Foundation, +1-402-473-9543, or Web site:
http://www.checkfreecorp.com/ http://www.sovereignbank.com/
http://www.arborday.org/
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