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thirdstream adds eSignLive™ E-Signatures to Enable Paperless Account Opening and Lending
  • USA - English


News provided by

thirdstream, Inc.

Nov 21, 2017, 09:00 ET

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LETHBRIDGE, Alta. (PRWEB) November 21, 2017 -- thirdstream, Canada’s leading onboarding software provider has aligned technologies with VASCO Data Security International, Inc., a global leader in digital solutions including identity, security and business productivity. This partnership will integrate VASCO’s eSignLive™ electronic signature solution into cumulus, thirdstream’s onboarding platform.

The partnership with VASCO and the integration of eSignLive makes it possible for us to offer our clients increased efficiencies that can further boost their customer engagement and profitability.

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thirdstream currently offers the only end-to-end onboarding solution in Canada to a growing number of credit unions, trust companies, banks and wealth management firms across the country. cumulus is fully-integrated, configurable and incorporates both retail and commercial onboarding applications for both online and in-branch processing. The eSignLive solution will make it possible for thirdstream clients to complete the final user-facing step of the transaction seamlessly from any device and at any time of day.

This key integration with VASCO’s eSignLive is another way in which thirdstream’s cumulus helps its clients meets the increasingly high digital expectations of Canadian consumers. Other benefits to the software development company’s clients as a result of this partnership include:

• reduced costs associated with document handling and paper management
• increased efficiencies for business process workflows
• further reduction in data entry or human errors in processing
• enhanced compliance to satisfy regulatory, documentation, workflow and process requirements
• reduced administrative burden and customer follow-up
• elimination of missing signatures or incomplete documents

Christian Clapton, CEO of thirdstream says, “The partnership with VASCO and the integration of eSignLive makes it possible for us to offer our clients increased efficiencies that can further boost their customer engagement and profitability. Adding VASCO’s established and proven e-signature technology to cumulus is a tremendous benefit to our platform and our clients.”

“Financial services organizations are clamouring for the ability to onboard customers digitally and together, thirdstream and VASCO are delivering that capability,” said VASCO CEO, Scott Clements. “eSignLive by VASCO brings added value to this integration with its patented visual audit trail to help ensure legal and regulatory compliance while ensuring trusted transactions.”

“At thirdstream, we are setting the standard for client onboarding in the credit union and banking industry in North America. Our focus is to democratize the client onboarding experience and deliver solutions that resonate based on value,” add Feras Nasser, VP Sales and Marketing at thirdstream. “We are humbled to serve our clients in the financial services market and are excited to deliver e-signatures as part of our account opening solution.”

About VASCO:

VASCO is a global leader in delivering trust and business productivity solutions to the digital market. VASCO develops next generation technologies that enable more than 10,000 customers in 100 countries in financial, enterprise, government, healthcare and other segments to achieve their digital agenda, deliver an enhanced customer experience and meet regulatory requirements. More than half of the top 100 global banks rely on VASCO solutions to protect their online, mobile, and ATM channels. VASCO’s solutions combine to form a powerful trust platform that empowers businesses by incorporating identity, fraud prevention, electronic and transaction signing, mobile application protection and risk analysis. Learn more about VASCO at VASCO.com and on Twitter, LinkedIn and Facebook. 

About cumulus by thirdstream:

cumulus has gained significant momentum among Canadian FIs seeking an end-to-end, lower cost solution that can be deployed quickly and support both immediate and long-term onboarding goals. Regarded by many as the most innovative origination platform in the industry, cumulus brings together in-branch and online account opening with the assurance of 100% compliance. Not only is it fully integrated with core banking, it also aligns front and back office operations, streamlines sales and administrative processes and delivers an outstanding, consistent experience across all of its branches and online channels.

About thirdstream:

thirdstream, headquartered in Lethbridge, Alberta, is Canada’s leading provider of in-branch and online consumer and business onboarding solutions. Serving clients in every regulatory jurisdiction from Quebec to British Columbia, thirdstream’s onboarding experience solutions serve 29 FIs across Canada, representing more than $325 billion in assets. thirdstream is continually evolving its product line, allowing clients to pay a modest monthly fee for an onboarding solution that offers continual and seamlessly delivered improvements. To learn more, visit http://www.thirdstream.ca.

For further information, please contact:

Platform information: Keith Ginter, keith(at)thirdstream(dot)ca
Media information: Feras Nasser, feras(at)thirdstream(dot)ca
VASCO information: Sarah Hanel, sarah.hanel(at)vasco(dot)com

Twitter: @thethirdstream Facebook: /thethirdstream LinkedIn: /company/thirdstream

Feras Nasser, thirdstream, Inc., http://www.thirdstream.com, +1 4033977202, [email protected]

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