Beyond investing in technology and closing branches, financial institutions need to tailor their operations and offerings more closely to the commercial lives of consumers. As an example, some institutions already analyze their wealth of consumer data such as daily transactions and other behavior to offer incentives such as cash back on purchases at certain locations.
So while the ultimate solution involves much more than a quick fix, it all starts with your loan origination and deposit account opening platform. Ideally, both solutions should be fully integrated to maximize your cross-sell capabilities, but they should also feature responsive web design and expansive capabilities to offer consumers an untethered branch experience.
CRIF ACTion offers the industry’s most robust online/mobile account opening and loan software. With omni-channel access, truly responsive design to fit any smartphone or mobile device, and superior levels of configurability and decisioning capabilities, CRIF ACTion’s solutions not only allow financial institutions to keep up with the latest trends, but also start some of their own.
For more information on how CRIF ACTion’s suite of loan origination and deposit account opening solutions can boost your indirect and direct auto lending, please click the button below to request a copy of our brochure.
