Account Opening
Online Account Opening & Funding
CashEdge's instant online account opening and funding product suite, OpenNow/FundNow, enables an institution's prospective customers to apply, be approved and fund a new account in a single online session through an automated, remote identity verification and electronic account funding process that satisfies all business, risk and compliance requirements.
By leveraging CashEdge' OpenNow/FundNow product suite, which gathered more than $4.5 Billion in new assets for financial institution clients in 2008 alone, financial institutions can cost-effectively scale customer acquisition, improve customer experience and increase account close and funded rates to 60+ percent.
All OpenNow/FundNow products are supported by CashEdge's risk management capabilities that leverage comprehensive, proprietary technology and the insights gathered from managing risk for the world's largest financial institutions, helping institutions mitigate risk and decrease fraud exposure.