White Paper: Why Banks Need a Digital Account Opening Channel to Grow
As consumers become increasingly accustomed to seamless digital online processes in almost every industry, the pressure is on for financial services to meet the high expectations of today’s consumers. It is no longer acceptable to simply check balances and transfer funds online — today’s consumers want to truly manage their funds online — open an account, pay bills, deposit a check – as if they were sitting across from their banker. The circumstances surrounding the COVID-19 pandemic have only accelerated the already pressing demand for banks to eliminate the branch-centric model and adopt an end-to-end digital-first strategy. Click on PDF to read the current research on the impact of digitization.