OpenAnyware Rolls Out the Red Carpet for New Members
Digital account opening—especially from smartphones and tablets—is the wave of the future for any credit union that wants to attract and retain today’s tech-savvy members. But putting out a mobile account ‘welcome mat’ isn’t much help if they can’t get through the front door, and industry data shows that 8 out of 10 people who try to open an account from a mobile device abandon the attempt.
OpenAnyware takes a different approach. By using existing information sources and requiring less data input, the time from start to finish is dropped to a scant five minutes or less. This cuts abandonment rates in half and gives new members a taste of what the credit union experience means. And because their new accounts can be funded immediately as part of the same seamless process, members become instantly engaged. We know digital account opening is booming—capture this opportunity by removing the obstacles to mobile account opening with OpenAnyware.
- Account opening from any leading mobile device, as well as online, in-branch and in-field applications
- Imports data directly from government-issued identification, mobile phone carriers, and mobile device GPS data
- Facilitates funding with credit card imaging, so there is no lag time while customers wait for confirmations or transfers
- Ensures full compliance with regulations using OFAC, AMI, and KYC questions