Account Opening

New member account creation with instant KYC verification and activation.

CUSTOMER INITIATES VIA In-Person / Online

New member visits branch or completes online form requesting a checking account.

New Accounts Specialist: "Open a checking account for this member"

System verifies identity, collects KYC, screens fraud/sanctions, generates account, activates instantly. 2-3 min vs 15-20 min.

⏱️ 2-3 min | 💰 $15-25/acct | 📈 5-10x faster

5-10x faster (15-20 min → 2-3 min)

$15-25 cost savings per account

100% OFAC/sanctions screening compliance

Zero manual KYC collection required

01 — Identity Verification

Verifying member identity

Collects government ID, cross-references against database. Instant match.

02 — KYC Collection

Gathering customer information

Collects name, address, SSN, employment. All fields verified in real-time.

03 — Fraud & Sanctions Screening

Checking against regulatory lists

Screens OFAC, Sanction Watch lists, internal fraud rules. Zero matches.

04 — Account Generation & Activation

Creating and activating account

Generates account number, assigns routing, activates immediately in core. Ready for transactions.

Priage Response

Account 1234567890 created and activated.
Routing: 071921891
Member can begin transactions immediately.

This is one workflow. See how the same framework applies across your institution.

Run Interactive Demo