Avoka Introduces Springboard Solution for Deposit Account Opening
Summary
It includes configurable branding, look and feel, decision rules, and deposit account type options, while delivering a pre-tested solution to achieve rapid time-to-market. Avoka developed the Springboard Solution for Deposit Account Opening in direct response to market need from smaller financial institutions like community banks, regional banks and credit unions, which have increasingly prioritized the need for a streamlined and effective omnichannel digital onboarding and digital customer experience. Its clear consumers already expect a first-class digital experience for deposit opening, so banks of all sizes must act fast to remain competitive,” said Steve Demchuk, Chief Product Officer, Avoka. Banks unable to meet these high demands for an easy experience face abandonments rates well around 70-85%,” Demchuk added. For account opening, lending applications, and business onboarding, Avoka Transact creates outstanding experiences that accelerate customer acquisition and time to market.
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