Streamlined client journey
Consistent experiences for greater retention. Every touchpoint reduces friction, increases completion rates, and strengthens client relationships from day one.
Business / Account opening
Welcome business clients in Welcome business clients in minutes, not days
Streamline business account opening with instant KYC, KYB, and AML checks. All entity types verified and funded in a single digital session — with a virtual card provisioned to digital wallets before the journey ends. Omni-channel continuity across mobile, desktop, and branch.
Business account opening
KYB • All entity types • Beneficial ownership • Virtual card same session
5
Entity types — sole prop, LLC, corporation, partnership, nonprofit
6+
KYC/KYB fraud detection layers operating without manual intervention
0
Branch visits required — entire journey completed in one digital session
1
Integration activating business account opening simultaneously
Streamlined client journey
From application to funded account From application to funded account in a single session
Business clients expect the same modern, seamless, personalized digital experiences they get from consumer fintechs. Loquat delivers them — at fintech speed, under your brand.
Client journey — step by step
Select any stage to see what happens beneath the surface
- Omni-channel entry — web, mobile, or branch
- Smart form auto-populates where possible
- Account type selection: checking, savings, money market, or CDs
- Selfie liveness detection — confirms a real human, not a photo
- Government ID cross-referenced against real-time watchlist databases
- 6+ fraud layers: ForgeRock, Ping Identity, Microsoft Entra, ChexSystems
- Credit pre-qualification in seconds against your risk parameters
- Beneficial ownership attestation for business applicants
- BSA/AML screening automated and logged for full regulatory auditability
- Account created automatically — no manual back-office processing
- Cross-sell opt-ins presented at the point of highest engagement
- Instant funding confirmation sent same session
- Virtual card issued and provisioned to digital wallets
- Physical card order triggered in parallel
- Full account access available within the same session
Platform capabilities
A complete solution. A complete solution. A single integration.
Omni-channel continuity
Seamlessly transition between web, mobile, and branch without losing session state. Start anywhere, finish wherever convenient.
Best-in-class identity verification
KYC, KYB, and AML checks — AI document capture, beneficial ownership attestation, and real-time watchlist screening built in.
All entity types supported
Sole proprietorships, LLCs, corporations, partnerships, and nonprofits — complex ownership structures handled automatically.
Fraud prevention — 6+ layers
Selfie liveness detection, ID validation, watchlist screening, and AI anomaly detection. Hybrid automation with human review for edge cases.
Instant virtual card issuance
Account opened and virtual card provisioned to digital wallets within the same session. Clients are transacting before the conversation ends.
Agentic orchestration
How the agents work How the agents work for business account opening
When a business applies, four intelligent agents coordinate in real time — delivering a verified entity, verified ownership, and an active account in a single session.
Full account opening journey
Onboarding & identity agent
01Owns the full identity layer across both the business and the individuals behind it. Performs KYB on the entity while simultaneously executing KYC on beneficial owners, signatories, and control persons. Dynamically adapts verification depth based on entity complexity and risk signals.
Risk & decisioning agent
02Evaluates entity structure, ownership risk, identity signals, and financial indicators to determine approval and exposure. Continuously refines decisions as new information is introduced across both the business and its principals.
Account & activation agent
03Creates the account, provisions a virtual business card, enables controls, and prepares wallet provisioning - ensuring immediate usability.
Implementation agent
04Captures requirements from discovery and delivers a complete integration plan covering KYC/KYB, beneficial ownership, core banking, and card rails. Builds, tests, and deploys end-to-end with a live dashboard, SOC 2 Type II controls, and automated rollback on failure.
< 10 min
Total session
Day 1
card access
0
manual steps
QUESTIONS & ANSWERS
What institutions What institutions ask most
Loquat empowers credit unions, regional banks, and community banks with sophisticated digital account opening capabilities — combining the technological advantages of Loquat with your personalized service and community focus, creating a compelling value proposition for businesses in your market.
Loquat is built to handle complex ownership structures and supports sole proprietorships, partnerships, corporations (C-Corp, S-Corp), LLCs (single- and multi-member), and nonprofits and professional associations.
Yes. Loquat enables end-to-end digital account opening — from identity & business verification, to document upload, to account selection, to cross-sell opt-ins, to approval, and ultimately funding — without requiring a branch visit or call center interaction.
Our platform includes complete KYC/KYB workflows, AI tools for document capture and validation, beneficial ownership attestation, fraud monitoring and flagging, and integration with third-party data providers for watchlist screening — maintaining full BSA/AML compliance.
The selfie liveness check is one of 6+ security layers. Loquat uses AI-driven facial geometry analysis to confirm the applicant is a live person — not a photo of a photo — cross-referencing against government ID scans in real time.
Most business clients complete their application in under 10 minutes. With integrated verifications and digital document handling, accounts can be approved and funded in as little as one business day, depending on your institution's approval policies.
Your competitors are not waiting for your next budget cycle
Request a 30-minute executive briefing. We will walk your leadership team through a live demonstration, a preliminary assessment of your integration requirements, and a realistic picture of what deployment looks like for an institution of your size. No prior commitment required.
Request a briefing