Key Highlights:

• Minimizes deposit drift by integrating deposit and lending product experiences.

• Boosts cross-sell opportunities, increasing revenue by up to 40%.

• Enhances operational efficiency, reducing processing times by 50%.

• Consolidates vendor management for faster product launches by up to 50%.

• Improves risk management with a 360-degree financial view and built-in compliance.

Source: Business Wire

Notable Quote:

Our Take:

Amount's Unified Account Opening and Loan Origination Platform is poised to revolutionize how financial institutions manage deposits and loans. By streamlining processes and integrating data management, this platform addresses key challenges such as deposit drift, operational inefficiencies, and vendor complexity. With its advanced features like automated workflows and risk management tools, it offers banks and credit unions a clear pathway to not only enhance customer satisfaction but also drive significant revenue growth through cross-selling.