Results at a Glance The Challenge: • After two local banks exited the

market this bank stepped in meet the personal account needs of the community. To successfully service its new customers the bank needed to quickly implement solutions that allowed it to support high speed account opening and meet robust compliance measures.

The Solution: • The bank leverages Kofax solutions

to instantly scan new account applications and make them immediately available for processing.

• The bank also implemented automated proof of ID, proof of residency and proof of earnings processes to help further speed up the new account opening process.

International Off Shore Bank Services A Community in Need

• New account application automation compliant and integrated into core systems

• Security and compliance met KYC regulations

• Automated and maintained the process for changing providers saving time and money

FINANCIAL SERVICES