Business account opening
That actually works
regardless of complexity
Trusted by over 250 financial institutions including banks, credit unions, and fintechs.
SEAMLESS ACCOUNT OPENING
Collect & verify any document with automated rejection of incorrect submissions
Rapidly open business accounts with a white-labeled, paperless experience. We take care of the time consuming process of document collection and validation by automating document analysis, giving you time to focus on decisions that matter.
BANK HIGH RISK ACCOUNTS
Negative news, risk rating & enhanced due diligence
Perform enhanced review and screening of high risk customers including related parties, signers, or vendors. Leverage advanced data sources of negative and related news articles and curated lists from law enforcement, alongside custom risk rating frameworks to support your lines of business.
Eliminate human error & ensure consistent due diligence
DocFox is configured to your policies and procedures so there is never guesswork for your team as to what is required for a specific customer type or use case. Account opening procedures are automated so human error is reduced and efficiency increased. Every customer is taken through the appropriate level of due diligence based on their unique risk profile.
ALWAYS READY FOR AUDIT
One Click for a comprehensive & up-to-date BSA summary
Instantly access your customer’s documents, related parties, screening results and risk rating all in one place, and always know the status of the application. DocFox tracks, logs and time-stamps every action performed throughout the BSA process. With a detailed audit trail, you are always audit ready at the touch of a button.
Sleep well at night
We promise to be the best partner you’ll ever have supporting you to grow your business, control your risk, and deliver extraordinary customer experiences.