Retail Account Opening Solution - Instant account

The Retail/Personal Account Opening is an out-of-the-box solution sold to banking customers wishing to digitize their personal account onboarding process. Bank customers fill out the application online completely by web entry. Submitted applications are then reviewed by the banker, who reviews the information provided, as well as any reports generated from an OFAC search on the application and a ChexSystems integration that also performs a check on the business and the signers involved. Bankers also perform due diligence and risk analysis on the customer based on information provided by the customer. After review, applications may be flagged as a risk depending on the outcome of the risk analysis, or if any of the signers are located outside of the US, and other reasons. Flagged applications are then escalated to a BSA officer or another individual responsible for flagged applications. Demo applications are never flagged, and thus always continue to the Board Account task, where the banker manually provides an account number. For customers to opt to connect to their core through NexSoft, the account number is generated automatically by their core and the boarding results are then displayed to the banker. For demos, the account number is always provided manually. After the account is boarded, the customer who completed the application then receives a welcome email notifying that their account is now available and their disclosures are provided by logging back into ProcessMaker.

URL To video

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?

Instance URL: https://banking-demo-se.processmaker.net/

Start request from portal: https://banking-demo-se.processmaker.net/webentry/17/customer_request

User access: Via 1Password - If you don’t have a 1Password account, submit a ticket to Cloud Operations (SCO) asking for account setup and getting added to the Sales Vault.