Banking News

Brookline Bank Signs Multi-Year Contract with Prolific Banking Inc. for Commercial Onboarding Solution

Brookline Bank Signs Multi-Year Contract with Prolific Banking Inc. for Commercial Onboarding Solution

Brookline Bank is the first bank client with Prolific Banking for the On-Ramp enrollment-as-a-service product providing automated enrollment of cash management customers.

The deal follows a successful Innovation Partnership with participation from the bank and the Prolific Banking team in a discovery and prototyping project designed to demonstrate the value and benefits of the solution.

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“To compete in this rapidly changing industry, we value the application of technology-based innovation to provide our customers with the perfect blend of high-tech and high-touch,” said Mona Macero, Director, Cash Management for Brookline Bancorp. “The Prolific Banking solution will support commercial service enrollment that is fast and easy, improving the overall client experience.”

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“We are gratified to have Brookline Bank as a client as they value strong customer relationships and are willing to invest in innovative technology to support that philosophy” said Joe Spatarella, Prolific Banking Chief Client Success Officer. As commercial banking shifts to a digital processing model, it is essential that information about customers and the services they use be enriched to retain and expand those relationships. Further, onboarding business and commercial customers is a complex process that cannot scale without process automation.”

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[To share your insights with us, please write to sghosh@martechseries.com ]

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