Integrated Media Management said Tuesday that 50 credit unionshave signed on to use its cloud-based electronic signature sincethe product was released last July.
|The Linden, N.J., company said the Document Exchange solution isbased on Adobe's EchoSign technology and provides an efficientchannel for credit unions and members to execute documents andclose transactions.
|The new solution is browser- and device-agnostic and integrateswith numerous core processing, lending and deposit and enterprisecontent management and imaging systems, the company said.
|“To add 50 new customers in such a short window of time is atestament to the value eSignature technology and paperless processes bring tofinancial institutions,” said John Levy, IMM executive vicepresident and co-founder.
|Levy said the Document Exchange solution also helps creditunions comply with closed-end lending requirements and, given the IRS' recentacceptance of electronic signatures on 4506-T forms, can expeditethe process of receiving tax transcripts.
|IMM said it now provides document management and imagingsolutions to more than 600 credit unions and banks.
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