Frost Bank partners with Blend to digitize deposit account opening, lifting completion rates 60%

Frost Bank has expanded its partnership with Blend Labs to digitize deposit account opening. This modernization effort increased digital application completion rates from 50% to 80%, a 60% lift, while reducing manual reviews from 15% to 3%. Account opening time decreased to approximately 6-7 minutes, significantly improving onboarding efficiency and lowering operational workload.

Blend Labs entered an expanded partnership with Frost Bank to modernize digital deposit account opening, extending a lending relationship that began in 2020. * Digital application completion rose to 80% from 50%, lifting completions by 60%. * Manual review fell to 3% from 15%, cutting operational workload. * Account opening time dropped to about 6-7 minutes, supporting faster onboarding. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blend Labs Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260818315276) on August 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)