Exclusively for ABA Bank Members
This ABA Product Assessment highlights the key trends and challenges shaping the digital account opening space. Online account opening enables financial institution clients and prospects to seamlessly and intuitively open and fund a new account. While some platforms serve both consumer and business customers, this evaluation is focused specifically on platforms leveraged to open consumer and micro-business banking accounts.
Banks face increased pressure to satisfy changing market and customer needs. To improve your competitive position and continue to serve your communities, adopting technology products and services is critical. ABA Product Assessments support members in solving operational challenges and preparing for the future.
The assessments will focus on vendors, products and services in critical market segments for the banking industry. For each market segment, ABA, with the support of a banker-led advisory board and an independent consultant, will research and evaluate a selection of available products and develop resources to guide member banks’ vendor and product decisions. ABA does not receive any remuneration from providers for inclusion in these assessments and is publishing them solely for the benefit of member banks. The assessments are included as an ABA membership benefit.
Find answers to commonly asked questions about ABA Product Assessments.