COLUMBUS Ohio— Corporate One FCU said it has partnered with Gro Solutions, a provider of digital growth solutions, to offer Gro Solutions’ innovative suite of digital onboarding solutions. Gro Solutions provides the only complete multi-channel account origination platform designed to support a consistent user experience through a desktop, in-branch, or mobile device, and leverages unique technology to streamline the integration of application data during the account opening process and dramatically reduce application abandonment rates.
“Corporate One continuously looks for ways to provide value to our members, and when it comes to the digital banking space that value will come from us identifying strategic solutions, like Gro Solutions’ account opening platform, that set-up credit unions to holistically serve members with ease in the digital age,” said Lee Butke, Corporate One president and CEO, in a statement. “I believe Gro Solutions is not simply innovative but revolutionary in their approach and operations. As the pendulum swings ever more toward digital banking, our partnership with Gro Solutions will help our members become and remain more competitive in the digital banking arena and improve membership growth and retention.”
Launched in July 2015, Gro Solutions’ approach uses all of the capabilities of the mobile device, such as GPS, imaging, wireless carrier data, email address parsing and other features to limit manual text and make the onboarding process as easy as possible. Whether online, on the go, or at the branch, financial institutions can open and fund new accounts in less than four minutes. Gro Solutions recently presented at Fall Finovate in New York, and is already receiving accolades, recently being named a "Company to Watch" as part of the 2015 FinTech Forward rankings by American Banker and BAI at the BAI Retail Delivery Conference.
Corporate One said it will be reviewing the digital account opening platform with interested credit unions throughout the remainder of 2015 and implementing the platform for credit unions in 2016. Corporate One will be hosting a webinar on Wednesday, December 2, 2015, from 2:00 – 3:00 p.m. ET to review the new mobile account opening platform and outline steps for successful Member Acquisition Strategies. In the meantime, credit unions can learn more about the digital account opening platform by con