03 December 2016
visit http://www.wolterskluwerfs.com

Andera unveils oFlows platform

14 June 2012  |  839 views  |  0 Source: Andera

Andera has unveiled its next-generation oFlows Platform, the first system that eliminates all paper documents from the account opening processes at banks and credit unions.

The oFlows Platform allows applicants to use the built-in cameras on iPads, iPhones, or AndroidTM devices to copy and deliver all supporting documentation electronically. Applicants can also legally sign deposit and loan documents on their mobile and tablet screens, using fingers or styluses instead of pens and paper.

"The best way to get rid of paper is not to create it in the first place," commented Andera founder and CEO Charles Kroll. "But the oFlows Platform goes well beyond that. It brings consumer loans and deposits into a single, universal platform and breaks down the barriers between financial institutions' delivery channels. It makes the entire experience much simpler and easier than ever for customers and banking staff. "

Kroll also pointed out that Andera, with its 550+ customers and extensive network of technology partners, has years of experience in building interfaces with core banking systems. oFlows integrates with all leading systems used by credit unions and banks. The platform brings unique benefits to each key delivery channel:
• Branch: Representatives can leave their desks and counsel customers anywhere in the branch, using their iPads or other tablets to open accounts and originate loans.
• Field: Field staffcan book business easily wherever they go because they never have to juggle paper applications, clip boards, or scanners. The entire application process can be completed on the iPad®.
• Online: Online applicants can open accounts and apply for loans with the most convenient process ever designed, uploading supporting documents by using the built-in cameras on their mobile devices. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comVisit VocaLink.comVisit contisgroup.com

Top topics

Most viewed Most shared
Royal Mint to issue digital goldRoyal Mint to issue digital gold
6141 views comments | 22 tweets | 21 linkedin
ING pulls plug on P2P payments app TwypING pulls plug on P2P payments app Twyp
5478 views comments | 16 tweets | 15 linkedin
R3 and Calypso to develop blockchain trade confirmation systemR3 and Calypso to develop blockchain trade...
5399 views comments | 13 tweets | 12 linkedin
EBA told that tougher authentication will have a "chilling" effect on single marketEBA told that tougher authentication will...
5352 views comments | 18 tweets | 20 linkedin
UK challenger bank Masthaven opens for businessUK challenger bank Masthaven opens for bus...
5336 views comments | 15 tweets | 13 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job