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E-Signatures in Banking: A Winning Solution [Infographic]

Close on the heels of Silanis’ international award from IBM for Best Industry Solution in Banking, Silanis has developed an infographic that outlines the value of e-signatures in banking – from ROI to types of processes automated using e-signatures. 

Today’s banking customer expects to be able to access their banking information and complete even the most complex financial transactions any time, anywhere through their smartphone or tablet. By leveraging e-signatures, banks can enable the completion of account openings and loan applications in a single session via electronic transaction, whether in person in a branch, through a call center, online or face-to-face remotely with a wealth management advisor.

Take, for example, the time-consuming process of a new account opening, which involves signing multiple documents through several visits with a wealth management advisor. With e-signature-enabled mobile technology, banking customers are liberated to complete any transaction completely electronically and 100 percent accurately in one visit. E-signatures make banking easier, more convenient and compliant while allowing the financial services companies to generate revenues faster.

Some of the top banks in North America including JP Morgan Chase, RBC Royal Bank and US Bank have implemented e-signatures to great success. You can read more about these in recent media coverage from American Banker and Bank Innovation.

E-Signatures in Banking Infographic

 

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More Stories By Mary Ellen Power

Mary Ellen Power is Vice President of Marketing at Silanis Technology, a leading provider of electronic signature solutions. Ms. Power has led Silanis' customer relations and industry marketing efforts since 2000 where she has had the opportunity to engage with some of the world's largest insurance carriers, financial service providers, government organizations and analyst firms. Over the years, Ms. Power has acquired in-depth knowledge of the electronic signature market and its impact in real-world customer deployments.