Reducing Friction in Online Account Opening with Digital ID Verification

February 28, 2022, 10:12 a.m. EST 1 Min Read

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In today’s world, banks can no longer rely on branch traffic to generate account openings. However, simply enabling a remote account opening process is not enough. This 2021 Research Report looks at industry trends in account origination, where abandonment occurs, and how to reduce friction with digital identity verification – to help decrease abandonment and increase funding. See how keep pace with digital banks that saw 67% growth in 2020.

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