MINNEAPOLIS, Oct. 25, 2016 /PRNewswire/ -- ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for financial institutions' new and existing account holders, announced a 194% increase in account switches and 82% customer growth YTD compared to 2015. Increased brand recognition and heightened demand for an automated switching solution has fueled the company's growth.
ClickSWITCH recently signed agreements with a number of notable reseller and referral partners further enhancing their rapidly growing pipeline. In addition, the release of a new offering which simplifies the merger and acquisition process enabling financial institutions to more easily retain existing account holders has gained remarkable traction.
"We've proven that online and mobile account switching is a viable new market within the financial services industry. We're pleased to see the growth experienced in 2016, and 2017 projections are even more impressive considering the extensive pipeline and large institutions that have taken notice of ClickSWITCH," said Cale Johnston, Chief Executive Officer of ClickSWITCH. "Based upon our upward trajectory, I foresee ClickSWITCH being competitive necessity for all financial institutions within the near future."
ClickSWITCH™ is a unique account holder acquisition technology for financial institutions that simplifies the process of bringing new account holders onboard by quickly, safely and efficiently switching their recurring payments from their old accounts to new ones. Based in Minneapolis, MN, the company's industry-leading solutions help clients to increase account holder acquisition and activation rates, engage during onboarding, and cross-sell products to capture full profit potential. ClickSWITCH is a technology leader delivering world-class solutions to financial institutions of all sizes. To learn more, visit www.ClickSWITCH.com.
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