Bank of Hawaii Chooses Aliaswire DirectBiller™ to Electronify Business Payments

Bank of Hawaii (NYSE:BOH), named the top-performing bank in the nation by Forbes magazine, has selected DirectBiller electronic bill presentment and payment solution from Aliaswire Inc. for its Cash Management Services business clients, the companies announced today. Bank of Hawaii is the leading provider of cash management and treasury services to businesses in Hawaii and the Pacific islands.

The Honolulu-based financial services company plans to use DirectBiller to enable business clients of all sizes to present bills online and collect electronic payments using a hosted platform that provides unparalleled customer flexibility while meeting the highest standards for information security. Businesses can choose from an array of configurations, receive comprehensive reports, and take advantage of rapid time-to-market while offering multiple options for accessing and paying bills, including web, voice, or agent.

"Bank of Hawaii provides companies of all sizes with sophisticated cash management and financial solutions to help them grow and succeed,” said Coleen Shoji, senior vice president of cash management services for Bank of Hawaii. "By integrating Aliaswire’s DirectBiller solution with our ACH and Merchant Services platforms, we have created a unique solution for various clients that our bank serves. After a comprehensive review of service providers, we found Aliaswire’s DirectBiller uniquely enables a set of presentment and payment features, yet has very fast deployment times.

"We see a great opportunity for DirectBiller in many markets such as healthcare, education, government and real estate,” Shoji continued. "We are actively working with several companies to deploy the service immediately. DirectBiller offers tools our staff can use to get billers up and running in days, without having to do any integration or programming, yet we can configure each biller with the features and user experience the business requires."

"We are excited to add Bank of Hawaii as a DirectBiller Reseller and Channel Partner. Bank of Hawaii selected Aliaswire based on the significant value proposition DirectBiller offers the bank and its business clients. It is yet another validation of our solution’s fit with the small to midsize business market segment,” Hoss Mohsenzadeh, CEO of Aliaswire, said. "DirectBiller provides the fastest implementation in the marketplace today, so billers of all sizes quickly reap the benefits of improved customer service, efficient payment processing, and rapid adoption.”

About Bank of Hawaii

Bank of Hawaii Corporation (NYSE:BOH) is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa, and the West Pacific. The Company's principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii. For more information about Bank of Hawaii Corporation, see the Company's web site, www.boh.com.

About Aliaswire®

Aliaswire, Inc. operates a next-generation payment services platform to deliver payment solutions to the personal electronic payments, commercial electronic payments and underbanked electronic payments segments through its mPay™, PayVox™ and DirectBiller™ solutions. The company offers a highly scalable, secure and redundant platform that can be simultaneously accessed through the web, voice, wireless and CSR channels. Headquartered in Cambridge, Massachusetts, Aliaswire is an ISO 17799 and PCI level 1-certified processor. For additional information, visit http://www.aliaswire.com.