VASCO® Data Security International Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, today announced that Finastra, the third largest fintech company in the world, now offers an interface from its LaserPro® solution for loan origination and processing to VASCO’s eSignLive™ e-signature solution.
LaserPro is an industry leading compliant loan document solution for loan origination, processing and document preparation for mortgage, consumer and commercial lending. The solution provides an integrated and seamless way to reduce the preparation time needed for lenders to originate and process a commercial lending transaction.
The eSignLive interface with LaserPro creates a seamless, intuitive experience for users. Together, the solutions streamline and enhance the loan signing process, enabling lenders to reduce costs and manual errors, and borrowers to sign their loan documents when and where they choose. The dynamic documents created by LaserPro combined with eSignLive’s workflow rules and audit trail ensure compliance in an ever-changing regulatory landscape.
“Finastra's open platform strategy allows easy cooperation and integration with outside technology partners to give our customers the best user experience possible,” said Robin Crewe, CTO, Lending and Transaction Banking, Finastra. “eSignLive provides our customers with a trusted, secure e-signature option that can easily be incorporated into their lending processes.”
“Digital loan origination and processing require a high amount of compliance and financial institutions need to balance those requirements with security and ease of use,” said VASCO Chief Executive Officer, Scott Clements. “In partnership with VASCO, Finastra is enabling a trusted process and trusted transactions, which are essential in digital loan origination and processing.”