MANTL, an Alkami solution team and a leading provider of loan and deposit account opening technology, has announced a partnership with Amplify Credit Union to modernise its business and retail account opening experience across both physical and digital banking channels.
Headquartered in Austin, Texas, Amplify Credit Union will deploy MANTL’s omnichannel deposit origination technology to reduce friction in its onboarding process, enabling businesses and consumers to open deposit accounts anytime and anywhere — whether online, in-branch or in the field.
As part of its broader growth strategy, Amplify will first roll out Business Deposit Origination by MANTL, followed by Retail Deposit Origination. The phased launch is designed to deliver a seamless, consistent onboarding and account opening journey for both members and employees. Once live, business members will be able to open new accounts online in less than 10 minutes, while retail members will benefit from an intuitive onboarding experience that can be completed in under five minutes.
“When Amplify launched our fee-free treasury management services, we knew one of the keys to our success would be choosing the right account opening platform,” said Stacy Armijo, chief experience officer at Amplify. “MANTL stood out from day one. The MANTL Platform prioritizes convenience and security in equal measure, and we cannot wait to work with the insights we will gain into our members’ account opening experience. We look forward to rolling out MANTL for organizations and individuals alike in the months ahead.”
Through the partnership, Amplify will be able to automate more than 85% of application decisions, including Know Your Customer (KYC), Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) checks, as well as product service ordering, funding and core booking. This high level of automation is expected to significantly reduce manual processes and support scalable growth.
MANTL also provides access to more than 1,350 data points spanning demographic, behavioural and account opening insights. These capabilities will enable Amplify to make more informed, strategic decisions to drive growth, optimise marketing spend and enhance the overall member experience.
“MANTL is excited to partner with Amplify Credit Union as they expand digital business banking efforts and scale growth institution-wide,” said Benjamin Conant, chief product officer at Alkami and co-founder of MANTL. “By implementing a unified, omnichannel deposit account opening experience, Amplify is redefining what modern onboarding looks like for members and employees: confident, seamless, and digital-first.”
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