Swaystack

6 years ago Har Rai Khalsa ?? attended his first Money20/20. ?? 6 years later he attended his fourth Money2020 after launching Swaystack with Simran S. in April. ?? It's always excellent to connect with the major players in digital banking. Let's go far together. ?? Until next time! #alkami #jackhenry #banno #q2 #ncr #fintech #personalizedbanking #personalization #customerengagement #onboardingjourney #gamifiedonboarding #customerengagementplatform #bank #swaystack #miami #florida #bank #communitybank #creditunion #creditunions #banking #technology #digitalbanking #hubspot #onlinebanking

???Coming Out Party ?? Swaystack had its coming out party at Jack Henry's Connect in Phoenix, AZ. ?? The financial institutions that we spoke with are closing accounts due to inactivity at an alarming rate. ?? Banks and credit unions alike got a firsthand view into how we are combatting the inactive accounts challenge. ?? By gamifying onboarding in digital banking, you can now take new account holders through a guided journey to set up their banking relationship. ?? - Link External Accounts for Funding - Link Payroll Providers for Direct Deposit - Link Merchants for Subscription Management PS Many thanks to the open banking culture of Jack Henry. Your efforts do not go unnoticed! ????

??Q2 Digital Banking Integration ? With one in 10 digital banking users using Q2, it is my honor to announce Swaystack has embedded our gamified onboarding and personalized engagement platform into Q2 Digital Banking. ???? Why is this so important? ? 44% of new accounts go inactive year 1 ?? ? $200 cost to acquire new accounts (?? Jim Marous, The Financial Brand) ?? ? 20% of new accounts generate ZERO transactions (Joey Coleman, Never Lose a Customer Again) ?? We have to stop account holder churn. ? To earn primary financial institution status, we must offer a rewarding and memorable experience to consumers: ? Increasing initial funding ? Switching direct deposit ? Transferring subscriptions with merchants ? Referring friends We would not be here this quickly without the help from Q2’s Innovation Studio and Partner Accelerator Program. A huge thanks to Jordon DiRito, Greg Varnell, Rick Schwarz, Jason Villarreal and team! ???? P.S. Q2’s Open Banking culture was on full display as the team seamlessly ushered us through their integration process. From the Fintech perspective, this only further stresses the importance of digital banking provider extensibility to ensure banks and credit unions win. ?????? Enjoy the press release and please reach out if you want to chat gamified onboarding: https://lnkd.in/eaW6Z-pD #Q2InnovationStudio #Q2 #swaystack #onboarding #fintech #personalizedbanking #personalization #customerengagement #onboardingjourney #gamifiedonboarding #customerengagementplatform #bank #miami #florida #bank #communitybank #creditunion #creditunions #banking #technology #digitalbanking #hubspot #onlinebanking

44% of newly opened accounts go inactive within the first year (?? Jim Marous, The Financial Brand). With the cost of acquisition for new accounts well over $200, banks and credit unions face a dual strain: coming out of pocket to acquire account holders, while nearly half of those accounts go inactive. Jack Henry Banno digital banking customers can now offer gamified onboarding and personalized engagement to win primary financial institution status. Checkout the press release: https://lnkd.in/ea9WtEAE #jackhenry #banno #fintech #personalizedbanking #personalization #customerengagement #onboardingjourney #gamifiedonboarding #customerengagementplatform #bank #swaystack #miami #florida #bank #communitybank #creditunion #creditunions #banking #technology #digitalbanking #hubspot #onlinebanking