Blog: Banking

The Benefits of Offering Omnichannel Account Opening for Your Bank
The Benefits of Offering Omnichannel Account Opening for Your Bank

Banking

If you're a banker, you know that offering omnichannel account opening is one of the best ways to serve your customers. By definition, omnichannel account opening allows customers to open an account...

November 28, 2022
Banking-forms
Improving the Customer Experience in Banking

Banking

Banks need to profit as much as possible while providing consumers with convenient services. Perfecting your digital onboarding strategy can greatly improve the customer experience in banking.  It...

August 2, 2022
live-identity-verification-workflow
How to leverage live identity verification in automated workflows

Banking

Live identity verification is a process that uses real-time data to confirm the identity of a person or entity.  Most commonly, LIV integrations are used to verify the identity of a person or entity...

June 22, 2022
Digital Onboarding in Corporate Banking
Digital Onboarding in Corporate Banking

Banking

Open the banking app on your phone, and one thing is clear: you can do just about anything quickly. Yet, slide over to the suite of corporate banking tools and things feel markedly different....

March 15, 2022
KYC
Increasing Automation in the KYC Process

Banking

An effective Know-Your-Customer strategy involves finding the right balance of procedures, so innocent applicants don’t have to struggle through unnecessary paperwork and swamp banks with...

February 22, 2022
Digital Transformation Banking
5 Ways to Tackle the Threat of a Legacy Banking System

Banking

Legacy banking systems have an impressive 60-year foothold that’s losing its grip with the modern customer — and opening a great opportunity for innovation. Traditional banking mainframe...

February 17, 2022
customer onboarding in banking
New Customer Onboarding in Banking

Banking

A new customer onboarding process is a highly effective way to strengthen relationships. If your bank or credit union does not have a well-defined onboarding procedure, it misses significant growth...

January 20, 2022
account-opening-process
8 Steps for Evaluating Banking Account Opening Products

Banking

Customer identification is the first and most crucial step in a bank's account opening process, essential in preventing financial crime and money laundering.  In addition, anti-money laundering...

December 3, 2021
business-process-automation-banking
Business Process Automation (BPA) in Banking

Banking Business Process Automation

Business process automation (BPA) in banking is redefining the very nature of the customer journey. Customer expectations have grown towards a digital-first mindset, which has expanded from...

November 29, 2021
customer onboarding in banking
A Guide to New Customer Onboarding in Banking

Banking

Digital experiences are the new standard that demands better from every industry — especially banking. While banks take the opportunity to digitally revamp their front-end onboarding journey, some...

October 18, 2021
automation-in-banking
Intelligent Automation in Banking

Automation Banking

In 2020, most consumers and banking institutions are generally familiar with artificial intelligence driving intelligent automation in banking. The concept has been discussed on board rooms for...

October 12, 2021
KYC
Transforming KYC Obstacles into Opportunity

Banking

The Know Your Customer (KYC) workflow and client onboarding is critical for banks because it establishes the tone for future client experiences, relationships, and service levels, all of which have a...

October 8, 2021
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