What about regulations?
When it comes to regulatory hurdles, cumulus™ leaps tall buildings in a single bound, meeting all FINTRAC and AML requirements for non face-to-face account opening.
Does it get results?
Last year, a $400M credit union gained 1340 new members and increased deposits by more than 18%. All of it online using our account opening platform.
Do people want it?
Expectations for online account opening are rapidly picking up speed in Canada. More than 2.5 million accounts have been opened online across the country so far.