Download - My Virtual StrongBox
My Virtual StrongBoxNothing’s More Important Than Trust
Store documents safely & securely online behind online banking – like wills, tax documents, loan packages, mortgage docs, insurance, copy of what’s in a physical safe deposit box, etc.
Patent-pending encryption & security
Share files with trusted advisors and others
Non-interest income potential can replace lost revenue
Talk about “Sticky” … member might think twice before closing relationships
Members trust you with their money & will trust you with their financial documents
Q: What is My Virtual Strongbox?A: The Online Answer to Safe Deposit Boxes
My Virtual StrongBox Easy-to-Use Organizational Capabilitiesfive predefined folders to help members organize files
MVSB Enterprise Connectivity
MVSB has
API connectivity to automate transport process Allows the FI to place a single document into an Accountholder’s StrongBox Works even if Accountholder hasn’t activated their strongbox yet Representative remains unable to view contents of StrongBox
Your Financial Institution can deposit financial documents into your member’s MVSB. For example,
1) Loan documents from your origination system2) Account opening documents3) Mortgage closing packages4) Prepared tax returns, insurance and wealth management documents
Credit Union Can Share Files Three WaysOne-to-one, Groups or all Virtual StrongBox Users.
Members Can Securely Share Documents with anyone!
Member can share a document (with a security code) via one-time link
or
e.g. Daughter’s medical history with an Emergency Room Doctor
e.g. Accountant can place a copy of my 2013 tax return in my finance folder – no more emailing or mailing!
e.g. Loan officer needs a copy of a tax return to complete a loan
Member can allow someone access (with a security code) via one-time link to place a document in one of their folders
Members Can Securely Share Documents with Anyone!
Educational Wizard Promotes Value &Profile Wizard Guides the Consumer to “Fill-it-Up”
A Case Study – Redstone FCU
Huntsville, AL
$3.5 Billion in assets
350,000 accounts
130,000 OLB users
MVSB launched in December 2012
25 mb offered as a freemium at launch
Increased to 125 mb in December 2013
Over 40,000 OLB users registered for MVSB so far
Mobile iPad App Start Page
Targeted Ad Engine driven by CRM data
Icons for MVSB & Quick Add via camera
Mobile iPad App Home Page
Same five folders & document icons as on the
browser version
Check Out These MVSB - Key Benefits
Baby Boomers need this type of service for wealth management & estate planning Very “Sticky” when tied to checking, OLB or eStatements Strengthens customer relationships and can be used as a reward for “loyal” customers Seamless integration with online banking makes it easy to use Our Software-as-a- Service model means low cost deployment & faster ROI
It’s a unique offering that sets you apart from the rest
CONSIDER THIS:
EVERY bank and credit union will be offering this service in the next three to five years.
TODAY, your Financial Institution has an opportunity be a leader….. and get there before someone else in your market space does!!!