Industries & OperationsE-Sign & E-Mail Security for Banks and Credit Unions
Watch full video of Shan Godagama discuss RSign at Optimize!2020.
We’ve been using RSign for more than 7 years — RSign is helping us grow our business, especially for the lending side.
Shan Godagama
London Mutual Credit Union
Features & Benefits
Improve Efficiency and Protection
Finance service professionals work in fast paced environments where attention to detail and risk awareness is absolutely critical.
RMail provides greater agility and efficiency in communication and correspondence at a lower cost while at the same time protecting the sender and the senders corporation by securing transmissions with proof of delivery to comply with federal regulations.
Financial Advisory/Private Client Services
- Use eSignOff® service to confirm agreement on terms for new accounts.
- Record correspondence with clients to prove compliance with FINRA regulations.
- Send statements to accountants and lawyers on behalf of clients.
Investment Banking
- Record communications surrounding the due diligence process.
- Speed processing of client materials by moving from paper to electronic.
- Prove notice delivery to comply with regulatory requirements.
Trading Operations
- Send transaction confirmation and settlements to corporate clients by email rather than fax/mail.
- Provide statement or information on the value of the financial asset.
- Convert required notifications such as privacy notices, proxies, etc., from paper to email.
Commercial Banking
- Speed transaction processing time by converting notices regarding approval & disbursement from paper to email.
- Use eSigning features to sign-on new customer accounts faster.
- Use Intake Service™ to manage member complaints, fraudulent activity reports, identity theft notices, credit card billing challenges, etc.
- Send notices of overdue credit card, mortgage & loan payments.
Peer Reviews
RSign service is very cost effective — I spent years searching for an e-sign provider, engaged all the usual suspects, but the others’ pricing models were just not cost effective for our clients.
John McGucken
Fern Software, a banking platform.
Watch full video of John McGucken discuss RSign customer success and RSign CRM integration at Optimize!2020.
Requirements: Legal & Compliance
GDPR does not state a requirement to use a specific method of encrypting email, but it does require the handler of consumer non-public and personal information to maintain not only privacy of that information, but also the ability to demonstrate compliance with the privacy requirements. These requirements are discussed detail in GDPR Article 5 Clause 1(f) and 2, and Article 32 Clause 1(a) and 1(d) which focus on the requirement to protect personal data during transmission with the ability to demonstrate fact of protection of personal data.
