Until now, many mid-sized banks were not enabled for remote and compliant account opening. Manual and inefficient onboarding processes coupled with siloed or non-automated compliance systems made it difficult to accomplish.
Naturally, this had an adverse impact on customer experience (CX), driving prospects straight into the open arms of waiting neo, challenger and competing banks, resulting in many financial institutions losing revenue and market share.
Fen-Xcerlerate is tailored specifically for mid-market and boutique Commercial, Business and Retail Banks, it enables rapid, digital and compliant account opening and customer journey management.
Download the product brochure to find out more.