In both commercial and retail banking, slow onboarding not only leads to immediate financial losses but also damages the bank's reputation, making it less attractive to potential clients. Digital onboarding has emerged as an innovative alternative to slow, manual onboarding processes, enabling banks to significantly reduce turnaround times, enhance consumer satisfaction and ensure compliance with regulatory standards more efficiently. Read this whitepaper to explore the benefits and challenges of implementing an efficient digital onboarding experience, and how an AI-powered unified onboarding solution closes the gaps in a fractured onboarding process with an automated, personalized approach.