What types of accounts can be opened through the DAO process?

The correct answer, which indicates that savings, checking, and retirement accounts can be opened through the DAO (Digital Account Opening) process, reflects the comprehensive nature of the service. The DAO process is designed to streamline and modernize the account opening experience for a variety of account types, facilitating ease of access and management for customers.

By including savings and checking accounts, it caters to fundamental banking needs, while also accommodating retirement accounts, which are essential for long-term financial planning and security. This integration reflects a holistic approach to digital banking, allowing customers to manage multiple account types under one system, enhancing customer experience and engagement.

This versatility in the types of accounts that can be opened through the DAO process is paramount in meeting diverse customer needs and preferences, ensuring that individuals and businesses can efficiently establish their financial relationships.