SwitchThink Launches Online Account Opening Solutions to Improve Member and LoanGrowth

Wayne Oleksak

SwitchThink Solutions, a leading provider of cloud-based services for credit unions using Corelation’s KeyStone core processing platform, today announced the launch of SwitchThink OpenAnywhere and ApplyAnywhere, online account opening and loan application solutions, seamlessly integrated with KeyStone. The solutions are built mobile-first and help improve efficiency and successful completion of new accounts and loan applications for credit unions. Credit unions of all sizes will benefit from quicker onboarding, enhanced member engagement and increased success in opening new accounts and completing loan applications. The solution is currently live with five early-adopter clients that range in size from $100M to $9B in assets.

"The Anywhere solutions are built specifically for credit unions,” said Wayne Oleksak, senior vice president of experience and innovation at SwitchThink. “Our largest client processes over 3,000 new accounts or loans a month through these solutions, dramatically increasing its digital applicants. That’s because we combined our deep KeyStone expertise with our credit union experience to create a simple interface that delivers the optimal user experience.”

Through a consistent interface, the Anywhere solutions are designed with a member first approach, are informed by real member behavior, and offer a modern, easy-to-use digital platform. The solutions also have state-of-the-art identity verification and fraud mitigation tools that enhance and streamline the customer experience to increase successful online account opening and loan application completions.

"SwitchThink’s ApplyAnywhere solution has completely transformed our lending processes. It’s simple, incredibly user-friendly, and designed for a mobile first world —exactly what we needed,” said Trevor Tokishi, president and CEO of Valley Isle Credit Union. “SwitchThink truly understands the credit union business, they don’t just implement features for the sake of it; they focus on what’s best for credit unions and their members. Their commitment to enhancing functionality and continuously improving the platform proves they are invested in our success."

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