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MANTL Unveils Bulk Account Opening to Streamline Branch Operations, Simplify Banker Workflows, and Increase Wallet Share

1. MANTL launched Bulk Account Opening for streamlined account applications. 2. Banks can now open multiple accounts in one go, enhancing efficiency. 3. This feature deepens customer relationships and increases wallet share. 4. Early adopters report significant reductions in time and errors. 5. Bulk Account Opening will roll out to credit unions later this year.

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Why Bullish?

The introduction of MANTL's feature is likely to attract more clients to ALKT, enhancing operational efficiency and customer satisfaction. Historical precedence shows that tech improvements in banking often lead to stock price increases for involved companies.

How important is it?

The announcement about MANTL's new feature underscores ALKT's commitment to enhancing digital banking solutions, which aligns with current market trends and consumer demands.

Why Long Term?

The feature's implementation can foster greater market reliability and expand user base, impacting ALKT positively over a longer period. Examples from past innovations in financial tech often lead to sustained growth as consumer adoption increases.

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New feature enables banks to open multiple accounts in a single application, accelerating onboarding and empowering staff to focus on relationships over paperwork , /PRNewswire/ -- MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced the launch of MANTL Bulk Account Opening, a new feature designed to help financial institutions open multiple retail or business accounts through a single application. This capability enables bankers to boost operational efficiency, deepen customer relationships, and grow wallet share while delivering a faster, more seamless in-branch experience. In particular, MANTL Bulk Account Opening is poised to transform in-branch business account onboarding, delivering substantial efficiency gains for frontline teams. Early adopters have already opened as many as 14 business accounts in a single, streamlined application workflow, reducing administrative burden and creating more opportunities to deepen relationships with business customers. "MANTL Bulk Account Opening takes an already best-in-class experience and scales it, saving clients and employees significant time while reducing the risk of errors," said Alex Sulpasso, executive vice president, chief operating officer at Ascend Bank in Connecticut. "For businesses and households with multiple accounts, bulk account opening transforms convenience into true value. This feature is a natural evolution of digital onboarding, bridging efficiency with client satisfaction to help set Ascend Bank apart in a crowded market." Key benefits of MANTL Bulk Account Opening include: Increase wallet share: Seamlessly open multiple accounts for a customer in a single application Deepen relationships: Free bankers to focus on conversations that uncover customer needs, eliminating redundant clicks and manual workload Enhance experiences: Deliver a frictionless, intuitive onboarding process for both customers and branch staff "Bulk Account Opening is a game-changer for branch efficiency and digitization at regional and community banks," said Benjamin Conant, co-founder and chief technology officer at MANTL. "By consolidating the process of opening multiple accounts into a single application and seamless experience, we're giving institutions a modern, scalable tool to deepen relationships and drive meaningful deposit growth. Bulk Account Opening empowers frontline staff to have richer conversations, uncover more opportunities for cross-sell, and deliver exceptional value to every customer they serve." Bulk Account Opening is now available to MANTL bank customers and will expand to credit union customers later this year. For more information about MANTL or to schedule a demo, click here. About MANTLMANTL is an Alkami solution team that offers unified account origination technology, empowering banks and credit unions to open loan and deposit accounts seamlessly on any banking channel in real time. MANTL Deposit Origination is among the fastest and most performant solutions on the market; consumers can open a new deposit account in under five minutes, businesses can open a new deposit account in under 10 minutes, and MANTL customers raise billions in core deposits. MANTL Loan Origination simplifies each step in the loan process, automating up to 100% of loan application decisions to ensure an intuitive, feature-rich experience from personal loans to business financing. Founded in 2016, MANTL was acquired in March 2025 by Alkami Technology, Inc. (Nasdaq: ALKT), a leading cloud-based digital banking solutions provider for financial institutions in the U.S. For more information, visit mantl.com or follow MANTL on LinkedIn. Media Relations ContactsVested[email protected]  Marla Pieton[email protected]  SOURCE Alkami Technology, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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