

Even before the pandemic sent a record 63% of consumers banking online, the number of bank branches had already declined by 20%*. With digital transformation now a necessity for banks, institutions are taking steps to ensure digital KYC and onboarding simultaneously win over consumers and bolster security. ICBA’s recent webinar featuring experts from banking, law enforcement and identification technology showcased how digital is now affordable and in reach of community banks. Read on to learn the critical steps to compete alongside major banks and fintech upstarts, or view the full webinar below.
“With the cost of technology coming down, smaller banks that embrace technology…are going to be the ones that continue to thrive.”
“KYC is so important in the onboarding process, and there are too many legacy systems that are inadequate. When they are reviewed by regulators, they’re the ones that find themselves getting large fines.”
“The recent FFIEC guidance… emphasizes the importance of taking a risk-based approach. When more risky activity is coming along… you need to make sure you up your level of validation of the account holder.”
When Atlantic Health System, a nationally recognized leader in innovative and high-quality health care, wanted to transform their patient’s digital experience while offering enhanced online security, they chose Vouched.
Now Atlantic Health System patients can safely and securely register via their smartphone. What was once a cumbersome screening process now occurs in seconds.
Enter your email below to learn how Vouched can help your business onboard new patients and customers faster, more accurately, and more cost-effectively than any other identity solution in the market today.
John Baird
Co-Founder and CEO
Vouched
Enter your email to learn why Atlantic Health System chose Vouched to transform their patient’s digital experience while offering enhanced online security.