Software

FinTech Automation unveils digital account opening solution

Photo: Adobe Stock

January 9, 2025

FinTech Automation announced its EZForm Digital Account Opening solution for financial institutions. It automates workflows and application decisions with identity decisioning technology, according to a press release.

Features include:

• Automated Know-Your Customer and Know-Your Business processes.
• E-signature support.
• Back-office portal.

"Compliance and security are at the heart of FinTech Automation's DAO solution," David Park, CEO of FinTech Automation, said in the release. "With built-in compliance checks against OFAC, FinCEN databases, PEP screening and the Social Security Number Verification Service, our platform ensures a high level of regulatory compliance. This robust compliance framework enables financial institutions to confidently open international and cross-border accounts for global customers, simplifying operations without compromising security or efficiency."