When financial institutions are strategic about their onboarding initiatives and reach out in a meaningful way to account holders within the first 90 days of the relationship, they deliver the three Ds — which translates to more satisfied, loyal customers who have a higher household value to the financial institution.download pdf
Instant card issuance has been proven to increase revenue for financial institutions by producing five additional debit transactions per month. Cardholders are choosing their instant issued cards on a regular basis—in fact, instant issuance has been shown to lead to a five percent increase in overall transaction volume.
Instant card issuance can be an important onboarding tool and a key differentiator in meeting account holders’ needs. We’ve outlined 10 critical questions to include in your RFP to help...
With so much momentum around the adoption of instance issuance, it’s tempting for financial institutions to discount central issuance as a distribution strategy for their card portfolio. This is a mistake. Instant issuance is not an all-or-nothing solution.