Digital Banking Solutions for Banks and Credit Unions
DIGITAL ACCOUNT OPENING SOLUTION

Faster onboarding for new accounts, digitally

Digital account opening empowers applicants to seamlessly open and fund a new account in three minutes or less via an intuitive application. Win the primary banking relationship and grow deposits by automatically registering and onboarding new account holders directly into your digital banking solution.

Execute on your growth strategy for retail & business accounts

Build lasting relationships with prospects via an intuitive digital account opening solution. Elevate your digital branch with mobile-first applications, real-time identity verification powered by Non-Documentary Customer Identification methods, and integrations to cultivate account holder relationships within your institution’s digital banking solutions.

Deliver omnichannel digital account opening

Meet your applicants where they are, whether that’s on mobile, desktop, or visiting in-branch. Offer a consistent onboarding experience that makes it easy for consumers to submit their application. The added bonus? Your operational team can leverage one dashboard for all applications – creating greater efficiency and data accuracy.

Drive conversions with mobile-first onboarding

Increase conversion rates by removing barriers for users. Offer multiple funding options and streamline the process with bank account authentication or card-based funding.

With instant account verification, your FI can ensure compliance, enable applicants to seamlessly initiate deposits, and successfully capture funds.

digital account opening

Alkami is revolutionizing digital onboarding.
FIs using this solution have experienced:

72%

of verified users* who started an application successfully submitted an application.

74%

of online applications are being funded during account opening.

Source: Alkami client data, 2024


*verified user: applicant who has completed multi-factor authentication via mobile device

Accelerate successful acquisition rates

As soon as an applicant leaves the application workflow, the risk of abandonment grows. Solve this challenge by automating messaging to remote applicants and users with incomplete tasks. 

Encourage applicants to securely provide their necessary details, reducing delays, eliminating points of friction, and increasing successful conversion rates.

Strengthen your operations & fight fraud

Opening a new account can be cumbersome for internal teams – between verifying identities, boarding the account to the core, and successfully onboarding new account holders into digital banking.

Extend the benefit of online account origination beyond your account holders and into your back office. Create efficiencies with instant identity verification and automated settlement of funds.

Deploy real-time account creation for automated efficiency

Reduce operational costs and friction by seamlessly transferring data from your application to the core. Looking to enhance your onboarding experience?

Once the account is opened, encourage the user to download your digital banking app and instantly register them without any manual entry. Welcome to a new era of growing banking relationships through everyday conveniences and personalized engagements.

Increase PFI status with existing account holders

Becoming users’ primary financial institution (PFI) is no small feat. It takes an enormous amount of effort to gain trust. Account holders have shown their loyalty to you, why not reward them with a superior user experience?

Empower existing users to effortlessly open a new account within digital banking via a streamlined application experience.

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