To capture their share of the digital market, banks and credit unions know they need to make online account opening quick and easy. But they must also comply with legal requirements around identity validation – and that gets complicated when dealing with remote applicants.
To offer a solution, Doxim is proud to announce a partnership with Securefact, whose SIDni™ and Legal Entity Validator® (LEV) services will provide real-time validation of companies and individuals to Doxim Customer Engagement Platform clients using Doxim’s account opening software in Canada.
Securefact’s validation capabilities meet the FINTRAC guidelines for ID verification, even if customers are applying for accounts remotely. These services reduce the approvals workload for banking staff and eliminate a crucial barrier to same day account opening.
Now customers will be able to apply for an account in under 10 minutes through Doxim Account Opening, then see that account reviewed and approved within hours. For all the details, we invite you to read our partnership press release
Want to accelerate your account approvals while maintaining the highest standards of compliance and security? Our account opening experts can get you on the right path. Book some time with one to discuss your needs and requirements.