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84 banks implement IMM eSign platform

Published 23 May 2018

IMM, a provider of eSignature solutions designed exclusively for financial institutions, has added 84 new banks to its customer roster.

As the only eSignature platform created specifically for the digital processing needs of financial institutions, IMM eSign for Banks easily interfaces with every banking system used across an institution. IMM’s unique focus on the specific needs of financial institutions continues to drive adoption of the platform as more and more banks turn to eSignatures to enhance their digital transaction strategies and online banking services.

Some of the latest banks to join the IMM eSign family include: Central Bank & Trust, Lexington, Ky.; Emprise Bank, Wichita, Kan.; Peoples First Savings Bank, Mason, Ohio; Profinium, Inc., Truman, Minn.; First Community Services Holding Company, Killeen, Texas; Mercantil Bank, N.A., Miami; and Farmers State Bank, Quinton, Okla.

The banks will be leveraging IMM’s eSignature platform in conjunction with their existing banking systems from organizations such as Jack Henry and Associates, Fiserv, Finastra (formerly D+H) and FIS, as well as a wide-variety of deposit and loan origination systems. Additionally, the platform automatically indexes eSigned documents for seamless archival into a bank’s Imaging/ECM system.

Emprise Bank Credit Strategy Manager Elizabeth Crawford said: “Providing an excellent customer experience and exceeding expectations is very important to us. Implementing electronic signatures exemplifies convenience and efficiency, and none of this would be possible without the high levels of integration and sophistication that IMM provides in its eSign platform.

“This solution will benefit almost every department in the bank, as well as have a direct impact on our customers and their overall digital experience when banking with us – whether they are in a branch, or in the convenience of their own homes or businesses. Our partnership with IMM is essential for us to achieve our goals.”

With IMM eSign for Banking, institutions can deliver a complete ‘end-to-end’ digital processing environment and eliminate many of the cumbersome, paper-based procedures in favor of electronic transactions.

Banks are using IMM in many ways, such as leveraging eSignatures to simplify the account opening process, streamline loan originations, disclosure delivery and loan closings while also providing self-service account maintenance functions such as stop payments or address changes.

Banks are offering remote signing capabilities, giving customers the option to complete transactions including opening new accounts and signing loan documents at a time and location that is most convenient, without regard to regular banking hours.

Using IMM eSign for Banks, institutions of all size are able to provide innovative digital and online services to customers to enhance in-branch services and convenience.

Some banks will be utilizing tablet or tablet-display devices in the branch to provide customers with an enhanced, more dynamic eSignature experience, while streamlining both front- and back-end operations.

IMM marketing and strategy, vice president Michael Ball said: “The dynamics of the banking/customer relationship constantly shift as customer expectations continue to rise. In response, more and more banks are implementing digital transaction technology to ensure they remain relevant to their customers and provide superior experiences both now and in the future.

“eSignatures provide the compelling cornerstone for digital transformation strategies, enabling institutions to provide comprehensive online transaction convenience to customers across all digital delivery channels.”

IMM eSign is used by hundreds of banks and credit unions to power millions of ‘end-to end’ eSignature transactions each month.

Source: Company Press Release