Ephrata National Bank and Apiture: True Partners
Ephrata National Bank considers Apiture a true partner. Watch the video to learn why Ephrata chose to switch to the Apiture Digital Banking Platform….
Digital Account Opening
Drive Deposits with Digital Account Opening
Bank and credit union clients using the Apiture Digital Banking Platform can meet consumers and businesses where they are – online – with a comprehensive digital account opening solution for establishing and funding new checking, savings, money market, or certificate of deposit (CD) accounts.
Our solution facilitates the account opening process from end-to-end, including:
- Identity verification and screening
- Evaluation of customer and/or business via KYC questions
- Account funding and external account verification
- Administrative tool to review and adjudicate applications
- Integration to core to create users and accounts instantly
Fuel Growth Digitally
Clients using Apiture’s Consumer or Business Banking solution can drive organic growth with our Digital Account Opening solution. With this technology, you can provide consumers and businesses with a quick, seamless way to establish a relationship with your institution.
Our solution supports your Consumer and Business digital account opening needs with a highly configurable framework, choice of identity verification provider, external account verification and funding, and easy-to-use administrative tool.
Advantages of Digital Account Opening
Consumers and businesses can use our seamless process to open accounts in minutes on their laptop, tablet, or mobile phone, then immediately begin using these accounts for banking.
Digital account opening supports multiple account types, as well as consumer and business applications, and will facilitate funding of the account.
The digital account opening solution’s admin tool makes it easy to determine which accounts to approve by collecting information about applicants and/or business and flagging potential fraud.
Our identity verification and screening process includes evaluation of the individual who is performing the application, as well as a separate evaluation of the business, device, IP address, credit score, and more.
The digital account opening process creates users and/or accounts on the core instantly once approved, including evaluating and creating joint owners.
Additional Resources
Turning Uncertainty into Opportunity
As the financial market reels from the recent failure of two U.S. banks, the first since 2020, your community financial institution might be wondering if you should be worried. In truth, small and midsize institutions are not as vulnerable to the factors that caused these specific bank failures — and the recent crisis actually presents an unusual opportunity for growth….
The Digital Account Opening Balancing Act
In this blog, we discuss why banks and credit unions should challenge historical practices for digital account opening, balancing security with ways to reduce friction….
Don’t Wait
Contact us for more information about incorporating a digital account opening solution into your bank’s or credit union’s digital banking platform.