Technology has changed dramatically over the past decade, but for many institutions, account opening has changed little since the advent of Check 21. As a result, institutions are missing opportunities to improve customer experience and operational efficiency. Read this white paper to learn how financial institutions can take advantage of recent advances in software architectures and scanning technology to make account-opening more pleasant for customers and more cost-effective and profitable for institutions.GET THIS PAPER
Banks and credit unions struggle to make DDA accounts profitable. Recent surveys show that the average DDA account generates $414 in annual revenue, but only 40% of DDA accounts turn out to be profitable. By integrating real-time data analytics into account screening and onboarding, financial institutions can segment customers into the most profitable types of accounts on Day 1, while also streamlining operations, reducing costs, and improving customer experience.
Read this white paper to learn how real-time data analytics can transform the account-screening process and make customer onboarding profitable and efficient.GET THIS PAPER
Nearly a third of American households rely primarily on non-traditional financial services to manage their money. Many of these households are interested in opening DDA accounts, but the account-screening services used by most banks and credit unions are often unable to verify the identities of these applicants.
Read our Unbanked and Underbanked White Paper to learn how new account-screening services can help open this important new market for banks and credit unions.GET THIS PAPER
Financial institutions can grow deposits, cross-sell more products, and increase brand loyalty by focusing on the first 90 days of customer relationships—it’s during this short window of opportunity nearly 75% of cross-selling occurs. By optimizing in-branch workflows to take advantage of real-time identity verification, financial institutions can grow accounts, cross-sell effectively, increase branch profitability, and reduce fraud.
To learn more, read our white paper, Increasing Sales and Reducing Fraud through Real-time Identity Verification.GET THIS PAPER
How is fraud changing? How can you stop it? When banking changes, banking fraud changes with it. To stay one step ahead of fraud operators, financial institutions need to keep a watchful eye on payment technologies, customer trends, and new forms of cyber-attacks, including mobile malware. Which new threats matter the most?
To learn more, read our white paper, Four Insights on the Future of Payments Fraud.GET THIS PAPER