OneSpan Launches Secure Documentation Solution

OneSpan (NASDAQ:OSPN), secure digital onboarding and workflow management company announced that it has released its Secure Agreement Automation solution for digital account opening. With a focus on the financial industry, OneSpan’s solutions allow the account opening process to take place within minutes integrating secure identity verification process and esignature services, among others.

As quoted in the press release:

“Even as application fraud attacks continue to escalate, research shows that improving the customer experience continues to be the number one driver of business cases as financial institutions invest in new account onboarding solutions,” said Aite Group’s Fraud & AML practice Research Director, Julie Conroy. “Solutions like Secure Agreement Automation promise a win-win, by bringing automation to streamline onboarding while also facilitating the requisite fraud and KYC controls.”

“The battle for banking consumers is being waged based on the quality of the digital experience, which demands both ease of use to reduce abandonment rates and strong security to lessen account fraud,” said OneSpan CEO, Scott Clements. “Secure Agreement Automation represents the fulfillment of OneSpan’s promise to help financial institutions reduce costs and increase growth by establishing trusted identities, devices and transactions throughout the customer journey.”

Click here to read the full press release.