Yodlee AccountOpening provides a way for financial institutions to streamline the online account opening process, lower costs and make those first crucial interactions with consumers positive and productive. With an intuitive interface that guides consumers through a simple online account opening process, a graphical progress indicator that "checks" each step when completed, and imagery that lets consumers know when information is being verified, Yodlee AccountOpening provides advantages to consumers and financial institutions alike.
Using Yodlee AccountOpening, multiple accounts can be opened including checking, savings, and money market accounts. Yodlee AccountOpening collects and verifies applicant information in real time, allowing for single session online account opening and increases in conversion rates and profitability. Benefits of online account opening solutions from Yodlee include: