Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Compliance, Member Experience Drive New CSS, Silanis E-signatures Alliance
MONTREAL and MADISON, Wis. (12/2/13)--CUNA Strategic Services Inc. has chosen Silanis Technology as its exclusive electronic signature provider for U.S. credit unions.

Through the alliance, credit unions will benefit from significantly reduced pricing and the reassurance that CSS has performed extensive due diligence and chosen an e-signature solution appropriate to address the unique needs of credit unions, said CSS.

CSS sought an alliance in this product set because it recognizes as the pressure mounts for credit unions to stay compliant with changing regulations, they must also continue to find new growth opportunities, especially with the youth market. CSS recognizes these challenges and, through offering Silanis' e-SignLive, is providing access to technology that will help credit unions improve compliance, reduce risk, and lessen operational costs, said Wes Millar, CSS senior vice president.

"Electronic signatures can help credit unions expedite new member on-boarding and loan processing for members while ensuring business rules and compliance standards are being met," said Millar. "Silanis is a proven leader in the industry, processing more than 600 million documents annually."

CSS evaluated several major e-signature vendors and selected Silanis, based on the solution's flexibility, legal protection and ease of use.

"E-signatures align perfectly with the desire from credit unions to provide superior service, greater transparency and a reduced carbon footprint," said Silanis Technology CEO and co-founder Tommy Petrogiannis. The alliance with CSS "will make it even easier for a greater number of credit unions to get started with e-signatures," he said.

Silanis recently started working with Sharonview FCU, a $1.03 billion-asset credit union in Fort Mill, S.C., to automate the secure delivery of mortgage disclosures. In a press release, Sharonview Chief Information Officer Mark Johnson said e-signatures will help the credit union serve its widespread membership and move to straight-through processing.

For more information, use the link.
RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
17 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
18 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
19 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
19 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
20 hours ago