Account Opening Solutions for Banks & Credit Unions
Deliver seamless digital account opening from any device.
When prospective users are looking to open a new account, financial institutions have the greatest opportunity to build a relationship that lasts a lifetime. Exceed consumer expectations for a comprehensive digital journey by introducing an intuitive account opening platform where users can browse, shop, and apply for new accounts. Alkami empowers FIs to transform the onboarding experience beyond a single application to engaging with users daily in digital banking.
FIs in 2020 prioritized streamlining the digital account opening process and acquiring new customers.
– Aite Group
Offer an online shopping experience for deposits.
Provide new or existing account users the convenience and flexibility to open accounts from anywhere, anytime, on any device. Build interest in checking, savings, certificate of deposit, and money market accounts by implementing informative product detail pages branded to your FI. Cross-sell additional financial products, like credit cards or loans, specific to the needs of users.
Onboard users in a mobile-first application.
Guide users through an intuitive application with dynamic state-specific account agreements, electronic signatures, and document uploads to drive conversions online and in-branch. Start existing users in digital banking, where they can seamlessly open a new account with data pre-population and Know Your Customer (KYC) checks instantly validated. Eliminate micro-deposits and increase funding rates with multiple funding options via bank account authentication and debit card.
Streamline back-office processes with automated decisioning.
Alkami aggregates consumer data in a centralized order processing system where teams can perform real-time KYC checks. Our multi-layered approach to identity verification enables FIs to utilize Non-Documentary and Documentary Customer Identification methods performing Office of Foreign Assets Control (OFAC) and Military Lending Act (MLA) checks. Leverage ID Scan to cross-reference IDs with government templates. Use Decisioning to risk assess identities and provide faster decisions.
Deploy end-to-end data flow for real-time account creation.
The Alkami Platform empowers FIs to reduce operational costs and friction by seamlessly transferring data from application to core. Now FIs can instantly send new accounts directly to their core, eliminating manual data entry and opportunities for human error. By leveraging Alkami’s core integrations, FIs can digitally issue debit cards to Apple Pay and Google Pay. Foster the banking relationship by encouraging users to download your mobile app post-application.