If growing your customer base is a primary objective for your financial institution, you need to make it as easy as possible for your prospects to become your customers.

Online Open & Fund from Fiserv provides the convenience and flexibility of opening and funding new accounts directly from your website. This innovative solution offers significant benefits, including:

• Increased new account completion rates
• Reduction in costs and complexities of customer acquisition
• Improved customer satisfaction and retention
• Increased cross-sell opportunities through your branded website
• Customer reach beyond traditional brick-and-mortar and geographic footprints
• Compliance with all applicable government regulations

Online Open & Fund enables automated, real-time identity verification, account qualification and enrollment processes based on industry-standard scores and risk rules you define. Prospects can apply for, receive approval and fund a new account in a single, online session. Higher-risk applications are flagged for manual decision-making and managed through the application management workflow.  

Key Features of Online Open & Fund:

• Instant ID verification and account qualification using industry- leading, third-party databases
• Configurable application allows you to define and control business risk rules
• Single-session new account funding using proven online identity and account ownership verifications systems
• Real-time communication with the prospective customer
• End-to-end solution from application management to account opening and funding to delivery of data back to your core system
• Flexible architecture enables seamless and secure integration with your existing processes and online banking environment
• Complete workflow platform for automating the back-end application process

> For more information on Online Open & Fund, contact your Fiserv account executive at 800-872-7882 or Request More Information.