Account Opening and KYC
Practical Guide to Solving Customer Onboarding Challenges. Read the whitepaper to learn how to slash costs from customer onboarding while improving customer satisfaction.
Download the case study and find out how a regional bank reduced operational costs by $2.5M in less than 6 months by automating Account Opening and AML.
Download the brochure and find out how to streamline verifying customer identity for account opening and KYC, improve customer satisfaction, and decrease manual work.
There is room for improvement in account opening and KYC
There is an opportunity to transform the legacy account opening and KYC processes with Intelligent Automation and reduce manual work, lower risks, and deliver a faster, easier onboarding experience for customers.
There is significant room for improvement in account opening processes, which traditionally are:
Intelligent Automation by WorkFusion enables banks to automate critical areas of the account opening process
Intelligent account opening process automation allows the banks to achieve a significant change in speed, quality, and auditability. Whether it is processing documents for customer identity verification or running critical checks for compliance purposes, WorkFusion automates manual work while also providing powerful tools for your employees to uncover and review any exceptions.
Adding Intelligent Automation across account opening helps deliver a more robust service for less:
Moreover, WorkFusion’s AI-powered, pre-packaged solutions are industry-leading for processing unstructured and fast-changing data, handling documents in a variety of formats, or verifying information against hundreds of rules and regulations.
WorkFusion helps to free up employees from mundane manual tasks and let them spend their time on more value-added activities, such as interacting with customers or dealing with non-standard situations.
They will help you select the best use case for your business and demonstrate how to scale the automation further with Intelligent Automation Cloud.