All financial institutions save a master copy of the signatures of their customers in order to permit authentication later on. If a customer signs digitally on a Wacom signature pad, this authentication can be securely carried out electronically at any time by the bank employee.
Leading banks and savings banks as well as credit unions already make successful use of digitizing handwritten signatures for many of their processes. Today nearly all kind of forms can be signed electronically: applications for account openings or new cards, signing loan contracts and transactions. A Wacom pen display can also be used for annotating, marking up, highlighting, and approving applications and agreements using the pen directly on the screen, as on paper. The time saved by automating business processes means sales staff can spend more time with customers rather than handling paperwork.