Avoka To Change How Financial Institutions Think About Customer Acquisition at FinovateFall 2015

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Avoka Transact Bundles solve the cross-selling problem for financial institutions, allowing onboarding of customers, not just individual products

Avoka, the leader in digital customer acquisition for the financial services industry, has today launched Avoka Transact Bundles, a frictionless way for retail financial institutions and wealth managers to onboard customers onto multiple products from one digital application. The new offering will be demonstrated at FinovateFall 2015, with Avoka continuing to set the bar for FinTech innovation following three consecutive Finovate event Best of Show titles.

“180 million product on-boarding transactions are completed by retail financial institutions each year in the U.S.A alone,” says Philip Copeland, CEO, Avoka. “But typically, each account or credit card requires a separate application, and the bank misses a huge opportunity to cross-sell multiple products at the time of initial account opening.”

Avoka Transact Bundles is a code-free way for banks to create a unified customer experience. It focuses first on capturing customer identity information, then connecting the individual customer to specific bank products of interest and assembling a “bundle” of applications to be submitted to the bank’s account processing systems, without the customer having to enter duplicate information. With Avoka Transact Bundles, a bank can design the experience its customer wants, independent of the limitations of its core systems, rapidly increasing cross-sell rates.

Avoka Transact Bundles is part of Avoka Transact for Financial Services, Avoka’s omni-channel digital business platform. It combines Avoka Transact’s frictionless omni-channel customer engagement, with the ability to rapidly test, learn and iterate to optimize customer acquisition results.

Finovate Fall will take place at the New York Hilton Midtown from 16-17 September 2015. Avoka will be presenting Avoka Transact Bundles in Session 4, on Wednesday 16 September 2015.
For media and analysts: To set up a briefing with Avoka on-site, please contact Diana Kearns-Manolatos Rhodes at avoka@articulatecomms.com.

For sales or to learn more about Avoka Transact Bundles: Please contact Don Bergal at dbergal(AT)avoka.com

About Avoka

Avoka delivers frictionless digital sales and service transactions. For financial services, field service, education and government, Avoka software creates seamless omni-channel customer experiences that increase customer acquisition and improve customer service. Avoka was founded in 2002 and has digitized over 100 million transactions for 150+ global clients. Avoka is a charter member of Australian Government Cloud Services Panel and is based in Broomfield, CO, London, England and Sydney, Australia. Visit us at http://www.avoka.com/.

About FinovateFall

FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York City, the event offers an insight-packed glimpse of the future of finance via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com.

Media Contacts
Articulate Communications for Avoka
Diana Kearns-Manolatos
+1 (212) 255 1203

Don Bergal, CMO
+1 (720) 316- 1994

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Don Bergal
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