As executives in the financial industry race to meet the new digital demands of consumers, they must find innovative new ways to address challenges unique to digital onboarding, including sky-high customer abandonment rates.
In order to grow their digital channels, financial institutions must address customer abandonment rates head-on. According to a recent study by Signicat, the percentage of European consumers who abandoned a digital banking application surged from 38% in 2019 to 63% in 2020.
Leading US banks and FinTechs are driving millions in new revenue by auto-filling onboardingforms securely with Prove Pre-Fill™. Book a free demo today to learn more.
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