Bank of Hawaii in the US has introduced a new digital account opening platform leveraging Terafina’s technology.
The move is aligned with the bank’s digital transformation initiative and aims to improve customer on-boarding process.
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The launch is also expected to help the lender to leverage growth opportunities and improve customer experience.
Terafina founder and CEO Meheriar Hasan said: “We are making it easier for customers to do business with the bank by adding key capabilities that make it stand out from the competition.
“Moreover, the power of our platform helps our clients better understand, meet and prioritise the needs of its customers, and we are proud to partner with Bank of Hawaii in its digital transformation efforts to support its continued success and organic growth.”
Established in 1897, Bank of Hawaii offers financial services to individuals, businesses and organisations.
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By GlobalDataThe lender is headquartered in Honolulu and has around $17.7bn in assets.
Commenting on the launch of digital account opening platform, Bank of Hawaii senior executive vice-president and director of e-commerce Matt Emerson said: “As we continue to focus on providing an exceptional customer experience, we are excited to partner with a company like Terafina.
“We strive to bring our customers the very best experiences and take pride in being consistently named one of America’s best banks.”
