A new solution in the fintech market will help banks to ditch paper and save hundreds of millions a year.
It is based on digital service technologies and a software package for user confirmation of transactions in the remote banking system (RBS) and electronic document management. The solution will help banks to fully translate customer interactions online, eliminate paperwork and save hundreds of millions a year.
Paperless Office is a mobile application with built-in mobile signature technology. It works as follows: the bank sends the client a package of documents to the mobile application, the client receives a Push notification, goes to the application and signs the documents right on his smartphone. And this will be a legally significant document flow.
Electronic signature keys are created directly in the client’s smartphone and stored in a special area in encrypted form. SMS and Push notifications that can be intercepted are not used. Security, control of authorship and integrity of signed operations is ensured. The history of signatures and packages of documents are available in the client’s personal account and in the mobile application.
Paperless technologies can also be used in bank offices, replacing the process of preparing paper documents with office tablets using a “screen” signature, which will be removed before the client leaves. To always work remotely, new clients of the bank will need only once – with full-time identification – to endorse the certificate of recognition of the issued signature.