Did you know that over 70% of consumers want to open bank accounts online, but only 8% of new account applications started on a mobile device are completed in a single session (Javelin research)?
Often times, consumers question if they are opening new accounts on a secure online banking system. To securely drive growth, you should re-evaluate risk management processes that may be interfering with the customer experience.
With Bottomline’s Secure Apply for Account Opening, financial institutions can realize up to a 23% lift in accepted applicants and move up to a 4% of applicants from auto-decline to review by:
Read this article to learn more on how Secure Apply for Online Account Opening can help your organization gain a competitive advantage.
46% of consumers use only digital channels today, up from 27% just 5 years ago.
Customer Success StoryRBFCU Sees Rapid Business Growth with Online Account Opening
Find out why RBFCU partnered with Bottomline Technologies to successfully provide prospective members with the ability to apply for direct deposit accounts without having to travel long distances to a brick and mortar location.
BrochureTop 7 Account-Opening Predictions for 2017
What will 2017 hold for financial institutions when it comes to new account openings? And—even more importantly—is your financial institution ready to take advantage of what is already hurtling toward us in this critical area, or will you find yourself scrambling to keep up with new demands and expectations?
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