Consumers’ desire for digital banking is currently going unmet by most financial institutions (FIs), however, with only 45 percent of those in the U.S. and the U.K. offering some form of digital account opening.

49 percent of Americans say they would be happy never to set foot in a bank branch again.

Digital methods are the way of the future for the financial industry, and banks looking to grow during this shift will need to ensure that their onboarding procedures can be performed digitally as well. The minority of banks that currently offer these solutions are well-positioned to dominate the industry for years to come, making the prospect of joining their ranks particularly appealing for FIs of all sizes.

Learn more now on: How Banks Can Solve Authentication Woes New Digital Customers Face