mFino unveiled their latest offering, Fast-Track Sales and Onboarding. Smart and efficient banking is the new normal and banks across the globe are turning towards new technology to compete and stay relevant in the market.

mFino Fast-Track empowers banks to speed up their sales and onboarding processes significantly. Through Fast-Track, sales staff and field agents can capture and upload new customer details, documents, photos and even biometrics directly via Mobile and Web Apps.

The bank’s back office processes are digitized end to end with configurable workflows, a robust document management system and an approval framework. As the customers’ accounts get created, they are offered relevant products and services based on their demographics and profile. This showcase of products creates an ideal situation for cross-selling.Speaking on the occasion, Sridhar Obilisetty, CEO of mFino, remarked “Fast-Track is a novel solution for banks to bring unprecedented speed and efficiency to their customer onboarding process. With Fast-Track, banks can reduce the account opening time from weeks to under an hour for a superior customer experience. Automating

Speaking on the occasion, Sridhar Obilisetty, CEO of mFino, remarked “Fast-Track is a novel solution for banks to bring unprecedented speed and efficiency to their customer onboarding process. With Fast-Track, banks can reduce the account opening time from weeks to under an hour for a superior customer experience. Automating the entire onboarding process allows the intelligent use of data for better customer profiling, more effective targeting and increased conversions. Fast-Track has the added advantage of giving sales and marketing departments incredible reach since it can be deployed on every field agent’s mobile or tablet.”

Customers too benefit from a frictionless experience as they no longer need to fill in multiple forms, submit information or documents multiple times, travel to the bank or wait to start making use of their account. This enhanced user experience translates into increased usage and adoption, customer loyalty and higher brand value for the bank.