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

Rhea-AI Summary

MANTL, an Alkami (NASDAQ:ALKT) solution team, has launched its new Bulk Account Opening feature, enabling financial institutions to open multiple retail or business accounts through a single application. This innovative solution allows banks to streamline their in-branch operations and enhance customer onboarding efficiency.

The new feature has demonstrated significant success with early adopters, who have opened up to 14 business accounts in a single workflow. Ascend Bank in Connecticut has already implemented the solution, reporting improved operational efficiency and reduced error risks. The feature will be available to credit union customers later in 2025.

Positive

• Streamlines multiple account opening process into a single application workflow
• Reduces administrative burden and potential for errors in account opening
• Enables branch staff to focus more on customer relationships rather than paperwork
• Early adoption shows capability to handle up to 14 business accounts simultaneously

Negative

• None.

News Market Reaction

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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

PLANO, Texas, Aug. 27, 2025 /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 MANTL
MANTL 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 Contacts
Vested
alkami@fullyvested.com 

Marla Pieton
marla.pieton@alkami.com 

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SOURCE Alkami Technology, Inc.

FAQ

What is MANTL's new Bulk Account Opening feature and how does it work?

MANTL's Bulk Account Opening is a new feature that allows banks to open multiple retail or business accounts through a single application, streamlining the onboarding process and reducing administrative work.

How many accounts can be opened simultaneously using MANTL's Bulk Account Opening?

Early adopters have successfully opened up to 14 business accounts in a single, streamlined application workflow.

When will MANTL's Bulk Account Opening be available to credit unions?

The feature is currently available to MANTL bank customers and will be expanded to credit union customers later in 2025.

What are the main benefits of MANTL's Bulk Account Opening for banks?

The key benefits include increased wallet share through multiple account opening, deeper customer relationships by freeing bankers for meaningful conversations, and enhanced experiences through a frictionless onboarding process.

How does MANTL's Bulk Account Opening impact branch efficiency?

The feature improves branch efficiency by reducing redundant clicks, eliminating manual workload, and allowing staff to focus on customer relationships rather than paperwork.