VANCOUVER, Feb. 5, 2019 /CNW/ - Grow Technologies is thrilled to announce that its white label digital commercial account opening solution has gone live for the first time with National Bank of Canada.
The new omnichannel solution will enable small businesses to open commercial bank accounts online from start to finish.
National Bank of Canada, which already serves over 137,000 business clients, is looking forward to improving the banking experience for existing and future commercial customers.
"Time is precious for entrepreneurs and we are pleased to offer them a simple, fast and efficient account opening solution. Clients can complete the entire business account opening process remotely. They begin the application process online at nbc.ca and then finalize it with the support and advice of one of our SME experts. This clearly reflects our desire to offer our SME clients the best customer experience possible," said Mario Desautels, Senior Vice-President, Commercial Banking at National Bank.
Grow, which provides white label digital banking solutions to financial institutions across Canada, is rapidly expanding its solution offering which also includes retail and SME lending solutions and an AI-driven hyper-personalized financial dashboard to help Canadians better understand their finances.
"We're proud to be working with a forward-thinking institution like National Bank of Canada as Grow fulfills its vision of helping people optimize their decision-making using AI-powered insights," said Kevin Sandhu, Grow CEO. "It's exciting to see the positive impact our innovative digital banking solutions make in the lives of Canadians through the financial institutions we work with."
Grow has already partnered with National Bank to launch a live digital retail account opening solution, which became available to Canadians in July 2018.
About Grow: Grow Technologies is a leading enterprise fintech company, working with top global financial institutions to reimagine the role of banking in people's lives. Grow's white label platform helps financial institutions digitize existing banking services, launching new digital capabilities leveraging the power of artificial intelligence to help their customers optimize their financial lives. For more information, visit poweredbygrow.com.
About National Bank of Canada:
With $262 billion in assets as at October 31, 2018, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 23,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.
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For further information: Chantal Yeung, Grow, Phone: 1.888.540.3951, Email: [email protected]