Learn why Ephrata National Bank chose to switch to Apiture to power digital banking for its consumer and business customers. …
Boost Revenue with Digital Account Opening
Grow your account base by meeting consumers and businesses where they are – online – with a comprehensive digital account opening solution for establishing and funding new checking, savings, money market, or certificate of deposit (CD) accounts.
Our solution facilitates the account opening process from end-to-end, including:
- Identity verification and screening
- Evaluation of customer and/or business via KYC questions
- Account funding and external account verification
- Administrative tool to review and adjudicate applications
- Integration to core to create users and accounts instantly
Fuel Growth Through the Digital Channel
Position yourself for organic growth by integrating an account opening solution into your digital banking platform and enabling new customers or members to engage with you online. Incorporating digital account opening helps you put your best face forward, giving users a quick, seamless way to initiate a relationship with your institution.
Apiture offers financial institutions a choice of turnkey, white-label options for digital onboarding needs, including a premier configurable solution that includes a UI framework, configurations, existing integrations, and an administrative tool.
Advantages of Digital Account Opening
Digital account opening offers consumers and businesses a seamless process to open accounts in minutes on their laptop, tablet, or mobile phone.
Account opening supports multiple account types, as well as retail and business applications, and will facilitate funding of the account.
The solution’s admin tool makes it easy to determine which accounts to approve by collecting information about applicants and/or business and flagging potential fraud.
Our identity verification and screening process includes evaluation of the individual who is performing the application, as well as a separate evaluation of the business, device, IP address, credit score, and more.
The account opening process creates users and/or accounts on the core instantly once approved, including evaluating and creating joint owners.
As the financial market reels from the recent failure of two U.S. banks, the first since 2020, your community financial institution might be wondering if you should be worried. In truth, small and midsize institutions are not as vulnerable to the factors that caused these specific bank failures — and the recent crisis actually presents an unusual opportunity for growth….
When it comes to friction, banks and credit unions should challenge historical practices to provide a better customer experience….
Contact us for more information about incorporating an account opening solution into your bank’s or credit union’s digital banking platform.