First Trade, Andera streamline mobile account opening

First Trade Union Bank and Andera, a Bottomline Technologies (NASDAQ: EPAY) company, said it has launched a photo data capture enhancement to streamline the mobile account opening process.

Consumers applying for a new First Trade bank account using their smartphones or tablets can now capture the barcode on a Driver´s License with their mobile device´s camera and cut required data entry in half by pre-filling personal information fields. Andera is one of the first to offer this type of data pre-filling service in the banking industry, and First Trade is the first Andera client to roll out this unique feature.

First Trade´s online application system, powered by Andera, is already optimized for access across all screen sizes and devices. It allows applicants to provide photos of supporting documents and offers eSignature and electronic account funding functionality – all of which make for a highly convenient, paperless experience. This new photo data capture enhancement makes it easier than ever to complete an account application on a mobile device.

This latest enhancement aligns with the growing preference for digital banking, as consumers become more comfortable using mobile devices for banking purposes, from checking balances and depositing checks to now applying for new accounts.

With assets over USD702m, First Trade Union Bank is an innovative, well-capitalized community bank offering a full complement of business and personal products and services. Its website is at ftub.com.

Bottomline Technologies provides cloud-based payment, invoice and digital banking solutions to corporations, financial institutions and banks around the world. For more information, visit www.bottomline.com.

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