
MeridianLink OpeningMeridianLink
Solutions for digital account opening and management for banks, credit unions.
Vendor
MeridianLink
Company Website
Product details
MeridianLink Opening is a comprehensive digital account opening solution designed for credit unions, banks, and digital lenders. It simplifies the account opening process for both online and in-branch experiences, enhancing consumer satisfaction and optimizing costs.
Key Features
Single Digital Account Opening Platform
- Consolidates all channels into one system to improve user experience.
- Facilitates a streamlined process for applicants.
Full Deposit Account Suite
- Supports all types of deposit products offered by the institution.
- Offers flexibility in managing different deposit account types.
Robust Core System Integration
- Integrates with multiple core systems to simplify operations.
- Reduces manual intervention through automated processes.
Dynamic Workflow
- Allows for setup of automated workflows to reduce manual work.
- Increases efficiency in application processing.
Flexible Decisioning
- Automates decision-making processes to ensure quality applicants.
- Reduces time in approval decisions.
Powerful Configurability
- Enables customization of the application experience.
- Aligns with existing workflows and product offerings.
Benefits
Increased Satisfaction
- Empowers applicants to apply and e-sign documents.
- Provides instant decisions on deposit accounts.
Reduce Churn
- Utilizes verification tools to minimize fraudulent applications.
- Enhances financial security by reducing fraud.
Increased Revenue
- Integrates with loan origination systems for cross-selling opportunities.
- Deepens existing customer relationships through data integration.