Financial Services

Big financial decisions

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Financial Services providers use Wacom solutions to help secure legally-binding agreements from customers for everything from account opening, to credit agreements.

Supporting significant commitments

Modern banks, insurance firms and other financial service providers need to put customers at ease when making important commitments such as mortgages, credit agreements, and loans.

But they also need to streamline their processes and eliminate paper-based workflows to accelerate revenue generation and minimize customer wait times, while ensuring signature authenticity.

Wacom for Business Financial services esignature
Wacom for Business Financial services esignature DTH 1152 portrait
How Wacom helps

Wacom solutions for financial services enable financial service providers to achieve these objectives in a number of ways. Firstly, document management becomes faster and more efficient through the instant digitization of forms, which also reduces paper waste and the costs of managing it.

Secondly, Wacom digital pen and ink technologies ensure a familiar handwritten signing and form-processing experience for financial services professionals and their customers. And the experience is improved thanks to the elimination of clumsy keyboard and mouse inputs that interrupt in-person interactions.

Financial Services Use Cases

Account Opening

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Today’s customers expect a quick, easy account opening or sign up experience. Wacom solutions help financial service providers deliver it.

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Enable efficient branch modernization

Financial services providers want to streamline their processes. But they also want to retain the human touch that customers value when making important financial decisions at the bank counter. Wacom solutions enable this by:

  • Accurately replicating traditional pen and paper signatures, with the added benefit of a completely digital process.
  • Saving time and paper costs by eliminating the need to print, scan, and retrieve paper.
  • Freeing bank tellers to focus on serving customers optimally.
Wacom for Business Financial services esignature Account Opening

These are the Wacom product categories typically relevant for this use case. Click on a link to learn more.


Verification

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Signatures are still the most familiar way to make big financial commitments - but they need to be secure. Wacom solutions can help.

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Capture and store legally binding signatures

In many regions around the world, legislation enables financial services organizations to ensure handwritten electronic signatures are legally binding. Wacom solutions for financial services support this by:

  • Enabling the accurate capture of handwritten signatures in digital form at teller, counter and desk locations.
  • Optimizing signature pad design for capturing signatures reliably over many years without visible wear and tear.
  • Reducing processing time and paper costs by eliminating the need to print, scan, retrieve, store and securely dispose of paper documents.
  • Forming the foundation of an electronic signature verification system that compares newly collected signatures with a known reference copy, thereby helping prevent fraud.
Wacom for Business Financial services esignature Verification
Abanka d.d.
Slovenia

Discover how this Slovenian bank uses a Wacom solution to ensure its contracting processes are legally binding.

Wacom for Business Financial Service esignature Abanka

These are the Wacom product categories typically relevant for this use case. Click on a link to learn more.

“This solution has been extremely well received by users.”

Mrs Damjanovičeva, Executive Director, Retail banking and Micro-enterprises

Insurance Contracting

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Insurance is a complex business, but customers want simplicity. Wacom solutions help make the process of securing coverage easier and more comfortable.

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Accelerate Insurance Contract Management

When signatures are required for insurance contracts, Wacom solutions for financial services enable providers to:

  • Utilize a Wacom signature pad connected to a laptop computer to replace slow and time-consuming processing of paper documents.
  • Empower agents to share policy information with the customer on their screen and guide the customer through the contract process.
  • Provide a more immersive and intuitive experience, especially when completing digital contract forms, via electronic signatures entered directly on the screen, as on paper.
  • Give policyholders a clear view of the full document that they can annotate and sign using digital ink.
Wacom for Business Financial services esignature Loan Origination
Abanka d.d.
Slovenia

Discover how this Slovenian bank uses a Wacom solution to ensure its contracting processes are legally binding.

Wacom for Business Financial Service esignature Abanka

These are the Wacom product categories typically relevant for this use case. Click on a link to learn more.


Pre-insurance documents

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Insurance is a complex business, but customers want simplicity. Wacom solutions help make the process of securing coverage easier and more comfortable.

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Streamline the insurance on-boarding process.

Technology should never get in the way of important in-person interactions such as arranging insurance coverage. Wacom solutions for insurance providers avoid this by:

  • Empowering agents to share policy information with the customer on their computer screen and guide the customer through the application, approval, or claims process.
  • Providing an electronic signature box, displayed on a Wacom signature pad or pen display, to allow the customer to sign amendments or requested changes to coverage directly on the screen, just as they would on paper.
  • Enabling familiar yet digitally efficient interactions that maximize customer satisfaction.
Wacom for Business Financial services esignature Pre insurance Documents

These are the Wacom product categories typically relevant for this use case. Click on a link to learn more.


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