Recent studies show that 15% of applicants reported they abandoned an online financial services application because it took too long, with another 13% abandoning the application because the process asked for too much personal information.1 LexisNexis® Digital Mortgage Application Prefill helps your business quickly authenticate applicants and their devices. This process prefills identity, asset and property information to support a streamlined consumer application experience – anytime, anywhere, and on any device.
Explore our Digital Mortgage Application Prefill brochure and learn how this process enables your business to mitigate fraud, minimize friction, reduce operating costs and meet customers on the channels where they want to connect.
1. Signicat, “The Battle to Onboard: Why 40% of consumers Abandon Banking Applications,” 2016, https://www.signicat.com/wp-content/whitepapers/signicat-onboarding-whitepaper.pdf
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