/retail banking

News and resources on retail banking, consumer finance and reinventing customer experience in finance.

Member Driven Technologies allies with Digital Onboarding

Source: Member Driven Technologies

Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that it has partnered with Digital Onboarding, a Software-as-a-Service (SaaS) company that helps credit union members to activate, adopt and effectively leverage the financial services that are available to them.

Through the partnership, MDT’s credit union clients will be able to use Digital Onboarding’s platform to engage their new members digitally, allowing for personalized and streamlined adoption of ancillary services, such digital banking, bill pay and eStatements. The platform also enables credit unions to educate and closely guide members through any notable changes, such as a digital channels migration or addition of a new service.

“We are excited to partner with MDT, a CUSO with a strong reputation in the financial services space,” said Ted Brown, CEO at Digital Onboarding. “By leveraging our platform, their credit union clients will benefit from increased efficiencies around the onboarding process while delivering a more engaging, seamless member experience.”

Digital Onboarding’s automated platform makes the new membership and complementary service setup process more efficient and effective than traditional phone calls, emails or print materials. By digitally engaging with members from the onset, credit unions can improve member satisfaction and retention. Plus, increasing new member activation rates positively contributes to the bottom line.

“Digital Onboarding is a powerful addition to our comprehensive portfolio of innovative solutions,” said Larry Nichols, president and CEO of MDT. “Account opening represents the first interaction credit unions have with a member, and with Digital Onboarding’s platform, our clients can make sure this experience is quick and convenient. And, the technology allows for interactive digital engagement through other transitions as well, solidifying member loyalty. Digital Onboarding is just another example of the sophisticated digital tools MDT offers to help our clients enhance the member experience and strengthen their overall competitive positions.”

Comments: (0)