Add more value to your online channel … for free!
A better online channel is easy with transaction-based StatementRewards, brought to you by Jack Henry Banking and Truaxis, a provider of sophisticated purchase rewards and personalized bill analysis services. This service is a win-win solution, because it’s offered at no charge to your bank while adding significant value to your customers by automatically presenting them with money-saving opportunities.
StatementRewardsSM – Online banking purchase rewards and money-saving recommendations
Available through a strategic alliance with Truaxis, StatementRewards leverages sophisticated search engine and transaction identification technology to deliver highly tailored purchase rewards and personalized bill analysis services to bank customers during online banking sessions and on electronic statements. The purchase rewards component of StatementRewards identifies customers’ shopping preferences based on recent transactions and presents customers with the opportunity to view and redeem rewards from leading national and local retailers. The personalized bill analysis uses Truaxis' proprietary technology to automatically review and make personalized money-saving recommendations on customers’ largest recurring monthly bills such as wireless plans, TV service, and gas purchases. Intuitive dashboards enable banks to access detailed reports on customer engagement, control the presentation of online rewards and money-saving recommendations, and generate promotions for local merchants. Truaxis' merchant network, which is the cornerstone of the StatementRewards platform, currently includes 93 of the top 100 national merchants, and new retailers are continually added to its network. StatementRewards further enhances, differentiates, and adds value to the online banking platform and generates a new, low risk opportunity that can help banks create consumer-friendly revenue.
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