Remove Branch Strategies Remove Digital Banking Remove Online Remove Technology
article thumbnail

Can Nudge from Congress Propel Online Account Opening?

American Banker

But banks are ramping up their efforts to make it happen, and some in Congress are trying to help by eliminating restrictions on digitally capturing and storing information from customers' ID cards. Legal and technical hurdles stand in the way of remote account opening becoming commonplace.

Online 28
article thumbnail

Banking Customers Prefer Digital Capabilities Over Branch Proximity

The Financial Brand

A strong digital banking offering is more important than a close branch for most consumers, resulting in a redefinition of 'convenience'.