DocuSign®, the global leader in electronic signatures, today announced that Security Service Federal Credit Union (SSFCU) has selected DocuSign’s industry-leading electronic signature service as the final leg in its online account acquisition process. SSFCU, the eighth largest credit union in the United States with $6 billion in assets, chose DocuSign for its scalability, security and ease-of-use for more than 800,000 SSFCU members worldwide. The credit union anticipates the DocuSign service will be fully implemented for member use in the first quarter of 2011.
“DocuSign provided the best solution for us to achieve greater efficiencies while providing a positive member experience, ” said Aaron Leek, vice president for online services at SSFCU. “We thoroughly vetted DocuSign and concluded that it led in best practices. DocuSign offered the best method for our members to quickly, easily and securely sign online. DocuSign has helped us provide additional services to our members while reducing costs enterprise-wide.”
Previously, SSFCU members opening accounts online could not complete the process electronically as there was no mechanism in place to capture the member’s signature. With DocuSign, SSFCU members can quickly complete and electronically sign new account forms from a variety of Internet-connected devices—providing a safe, easy to use, end-to-end financial services solution.
SSFCU added DocuSign’s optional ID Check authentication feature, provided through RSA, a leader in identity verification. DocuSign ID Check is a knowledge-based authentication method that validates the identity of a signer. Results of DocuSign ID Check authentication are recorded securely as part of the signing record. This form of authentication is used by top financial institutions within the United States, Canada and the United Kingdom for financial transactions where a strong signer identification is required. More than 1.5 million identities a month are authenticated using this form of verification.
About Service Security Federal Credit Union
Security Service Federal Credit Union offers competitive, affordable financial products and services designed to meet the needs of its members. Security Service is an industry-leading financial institution with more than $6 billion in assets and more than 800,000 members in Texas, Colorado, Utah and around the world. The credit union is the 8th largest in the United States and the largest in Texas. Security Service strives to be America’s best credit union and provides the true benefits of credit union membership with financial services of the highest quality and value. Learn more at ssfcu.org or call 1-888.415-7878.
About DocuSign, Inc.
DocuSign (docusign.com) is the electronic signature cloud platform leader, offering the fastest, easiest and most secure way to get a signature. DocuSign accelerates business results by deploying fast, simple and complete electronic signature solutions for its customers. DocuSign replaces slow, expensive paper transaction processing with fast, efficient and completely digital solutions that simultaneously improve compliance and reporting requirements. DocuSigning is made simple from any Internet-connected device by supporting nearly any document and form type in simple or complex workflows, and offering broad user authentication options, data collection, secure document/data storage and retrieval, and real-time negotiation and collaboration tools. For more information, visit the website or call (866) 219-4318. Subscribe to the DocuSign blog at docusign.com/blog and follow DocuSign on Twitter, LinkedIn and Facebook.
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