Small Business Account Opening
Within minutes Loquat can authenticate, verify, and open a small business account. Onboarding clients used to take weeks, now it takes minutes
Omni-channel continuity:
start anywhere, resume anywhere
Real time identity and OFAC screening with 6+ layers of KYC, KYB, and AML
Redeploy your personnel to higher value-adding activities
Elite UI/UX client experience
Swift deployment
and modern scalability
Advanced employee portal that offers unparalleled real time insights and functionality
Omni-channel continuity:
start anywhere, resume anywhere
Real time identity and OFAC screening with 6+ layers of KYC, KYB, and AML
Redeploy your personnel to higher value-adding activities
Elite UI/UX client experience
Swift deployment
and modern scalability
Advanced employee portal that offers unparalleled real time insights and functionality
A positive, differentiated, state of the art application experience to drive growth and achieve full revenue potential
Small business clients expect financial institutions to offer a modern and seamless digital experience that is intuitive, simple, instant, and personalized
Our transparent workflows
and powerful
backend application lifecycle management portal
enable financial institutions to easily access client data, generate reports, and
identify cross-selling opportunities through the app, mobile, web, or in-branch account
opening
Our small business account opening solution offers:
- A streamlined client journey for consistent experiences and improved retention rates
- Omni-channel continuity to seamlessly transition between web, mobile, and branch
- Best-in-class identity verification that will meet your compliance standards
The power of Loquat at your employees’ fingertips
- Real time visibility of application submission data as it is being filled out
- Configurable workflows for increased transparency, visibility and governance
- Built-in case management system for AML / fraud / OFAC
- Application management for assigning tasks and applications to employees
- Data-driven analytics and reporting for client insights and operational efficiencies, sales, and marketing opportunities
- All data is stored in client's owned database for maximum security
account opening solution Request a Demo
