First Trade bank customers can install the photo data capture feature of Andera-powered online account application to click an image of the barcode on their driving license or other supporting documents.
This simplifies the account opening process as its cuts down the need to manually enter the data in the application form, Bottomline said.
In addition to capturing documents, the application also supports esignature and electronic account funding functionality.
Bottomline Technologies digital banking product strategy director Rijuta Jain said: "For financial institutions who are focused on growing their customer bases using digital channels, a fast and simple mobile account opening process is critical.
"Cutting required data entry in half means that more applicants will complete the account opening process successfully. That’s good news for applicants and great news for the banks and credit unions we serve.
"Our photo data capture enhancement is just one of the ways we’re working to leverage mobile device capabilities to simplify the account opening process."
First Trade president and CEO Michael A Butler said: "We built a virtual banking product suite that includes paperless online account opening, a checking account with unlimited ATM rebates, a high-yield savings account, intuitive online and mobile banking, and an innovative mobile payment app.
"Adding the ability to quickly apply for an account from your mobile device complements our offerings and further strengthens our position as an innovative leader in banking."
