ENotary

Camden National Bank Adopts Advanced Mortgage Origination and Closing Solutions by nCino

Retrieved on: 
Wednesday, January 3, 2024

WILMINGTON, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the implementation of its mortgage origination and closing solutions from nCino’s Mortgage Suite by Camden National Bank.

Key Points: 
  • WILMINGTON, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the implementation of its mortgage origination and closing solutions from nCino’s Mortgage Suite by Camden National Bank.
  • Camden National Bank is a nationwide lender with branches predominantly concentrated in Maine and Massachusetts.
  • “We are pleased to partner with Camden National Bank to improve accessibility and convenience for its loan originators and customers,” said Ben Miller, Executive Vice President U.S. Mortgage at nCino.
  • “These solutions not only modernize and automate the Bank’s mortgage processes, they also help position Camden National Bank to be a regional leader in fully online closings.”

New American Funding Selects Snapdocs as Digital Closings Provider

Retrieved on: 
Monday, December 4, 2023

Snapdocs , the mortgage industry’s leading digital closing provider, announced that New American Funding (NAF) has selected its eClosing platform to accelerate digital closing adoption and deliver a streamlined experience to borrowers and the loan officers who serve them.

Key Points: 
  • Snapdocs , the mortgage industry’s leading digital closing provider, announced that New American Funding (NAF) has selected its eClosing platform to accelerate digital closing adoption and deliver a streamlined experience to borrowers and the loan officers who serve them.
  • NAF chose Snapdocs due to its demonstrated reliability, expertise in digital transformation, and unparalleled capability to provide a fully transparent process for all parties involved in mortgage closings.
  • “We are dedicated to meeting the needs of the next generation of homebuyers,” said Kevin English, COO of New American Funding.
  • “Snapdocs is proud to advance the digitization of the mortgage market through our partnership with NAF, an industry-leading innovator,” said Michael Sachdev, CEO of Snapdocs.

OneSpan Named a Leader in Worldwide eSignature Software Vendor Assessment by the IDC MarketScape

Retrieved on: 
Thursday, September 14, 2023

Signing Solutions: OneSpan supports signing PDF files, the signing of data sets such as a wire transfer, along with the signing of documents from competitive signing solutions.

Key Points: 
  • Signing Solutions: OneSpan supports signing PDF files, the signing of data sets such as a wire transfer, along with the signing of documents from competitive signing solutions.
  • Selecting the wrong e-signature solution means the entire transaction workflow could be compromised and valuable information put at risk,” said Matthew Moynahan, President & CEO at OneSpan.
  • OneSpan also acquired ProvenDB earlier this year to provide secure storage and vaulting for documents based on blockchain technology.
  • Download an excerpt of the IDC MarketScape Worldwide eSignature Software 2023 Vendor Assessment (doc #US49646923, September 2023) here .

OneSpan Named a Leader in The Aragon Research Globe™ for Digital Transaction Management, 2023

Retrieved on: 
Wednesday, June 28, 2023

OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced it has been named a leader in The Aragon Research Globe™ for Digital Transaction Management, 2023, based on a review of 20 major Digital Transaction Management (DTM) providers by the independent research and advisory firm.

Key Points: 
  • OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced it has been named a leader in The Aragon Research Globe™ for Digital Transaction Management, 2023, based on a review of 20 major Digital Transaction Management (DTM) providers by the independent research and advisory firm.
  • “OneSpan’s goal of continuing to expand its footprint for secure transactions is evident.”
    Click here to download the Aragon Research Globe for Digital Transaction Management, 2023.
  • Aragon Research publications consist of the opinions of Aragon Research and Advisory Services organization and should not be construed as statements of fact.
  • Aragon Research provides its research publications and the information contained in them "AS IS," without warranty of any kind.

OneSpan Expands OneSpan Notary Capabilities to Secure Digital Identities

Retrieved on: 
Thursday, June 15, 2023

These new capabilities will now support Remote Online Notarization (RON) identity-proofing requirements to securely identify signers unknown to the notary.

Key Points: 
  • These new capabilities will now support Remote Online Notarization (RON) identity-proofing requirements to securely identify signers unknown to the notary.
  • OneSpan Notary provides a seamless, secure digital journey for the historically paper-intensive notarization process, while delivering bank-grade security and facilitating RON compliance requirements to mitigate fraud.
  • The newly expanded capabilities of OneSpan Notary include additional identity verification features, enabling organizations to securely identify unknown signers.
  • OneSpan plans to integrate into Notary an additional capability from its portfolio to include secure document vaulting, leveraging blockchain technology from the ProvenDB acquisition .

New Snapdocs Research Identifies Big Opportunities for Mortgage Lenders to Increase Per-Loan Profits

Retrieved on: 
Monday, March 27, 2023

Mortgage lenders can save more than $400 per loan by using eClose technology to digitize and automate the mortgage closing process, according to research performed by Snapdocs , the mortgage industry’s leading digital closing platform.

Key Points: 
  • Mortgage lenders can save more than $400 per loan by using eClose technology to digitize and automate the mortgage closing process, according to research performed by Snapdocs , the mortgage industry’s leading digital closing platform.
  • The Snapdocs research found that lenders can experience near-immediate savings of over $110 per loan with hybrid closings, in which the borrower previews and eSigns the majority of closing documents.
  • When the promissory note is also digitized (hybrid with eNote), average lender savings nearly triples to $290 per loan, Snapdocs reported.
  • “Our research confirms what a growing number of lenders already know—eClosing is critical to any mortgage strategy to remain competitive and improve margins.

Black Knight Signs Agreement to Integrate Wolters Kluwer's eNote and eVault Capabilities to Enhance Black Knight's Digital, End-to-End Mortgage Origination Offering

Retrieved on: 
Thursday, February 16, 2023

JACKSONVILLE, Fla., Feb. 16, 2023 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced an agreement with Wolters Kluwer Compliance Solutions , a global information services and technology leader, to integrate Wolters Kluwer's eNote and eVault capabilities with Expedite Close, Black Knight's digital closing solution.

Key Points: 
  • JACKSONVILLE, Fla., Feb. 16, 2023 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced an agreement with Wolters Kluwer Compliance Solutions , a global information services and technology leader, to integrate Wolters Kluwer's eNote and eVault capabilities with Expedite Close, Black Knight's digital closing solution.
  • "Lenders need five key capabilities to close digitally: eSign, eClosing, eNotarization, eNote and eVaulting.
  • By integrating with Wolters Kluwer's technology, we have closed the loop on delivering a complete and unmatched digital mortgage process," said Black Knight Origination Technologies President Rich Gagliano.
  • The strong collaboration between Black Knight and Wolters Kluwer combines select digital capabilities and deep industry knowledge that is truly game changing for the mortgage industry."

Secured Signing's CEO Gal Thompson Introduces Notary Queue and Snapshot to Its Remote Online Notarization and Digital Signature SaaS Platform

Retrieved on: 
Wednesday, December 7, 2022

MOUNTAIN VIEW, Calif., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Secured Signing today announced the latest product updates and enhancements across its Remote Online Notarization and Digital Signature platform with the introduction of Notary Queue and Snapshot.

Key Points: 
  • MOUNTAIN VIEW, Calif., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Secured Signing today announced the latest product updates and enhancements across its Remote Online Notarization and Digital Signature platform with the introduction of Notary Queue and Snapshot.
  • "We are excited to release these incredible new features," says Gal Thompson , CEO at Secured Signing.
  • "Notary Queue comes at a pivotal moment for Secured Signing , as interest for an enterprise remote online notarization solution has risen significantly across many different markets, while Snapshot gives notaries the ability to collect or capture an image of supporting documentation during a live remote online notarization session.
  • The new features empower platform users with smart tools that create quick and easy business solutions designed to streamline document workflows."

Evolve Mortgage Services and FirstClose Join Forces to Deliver an End-to-End Digital eHELOC Solution

Retrieved on: 
Thursday, October 20, 2022

FRISCO, Texas, Oct. 20, 2022 /PRNewswire/ -- Evolve Mortgage Services, LLC, a top provider of outsourced mortgage solutions and eMortgage technology solutions, announced today it is partnering with FirstClose, Inc., a leading fintech provider of data and workflow solutions for home equity lenders nationwide, to automate the HELOC origination process. The new solution will enable lenders to approve HELOCs within seven minutes and eClose lines within seven days.  

Key Points: 
  • Reduces time to close from weeks to days with automated workflows, including ordering of required settlement services.
  • Evolve Mortgage Services is a top provider of outsourced mortgage solutions and eMortgage technology solutions.
  • The company's services empower mortgage lenders, servicers, and investors to reduce inefficiencies in their mortgage loan process and dramatically improve profitability.
  • Founded and run by a team of industry veterans, Evolve provides seamless component or end-to-end loan services and creates custom strategies for each client.

Amrock Unveils Technology to Close Mortgages on Mobile Devices, Giving Consumers the Power to Complete a Home Loan from Anywhere

Retrieved on: 
Tuesday, September 13, 2022

DETROIT, Sept. 13, 2022 /PRNewswire/ --  Amrock, the nation's largest title insurance, property valuations and settlement services provider – and a part of Rocket Companies (NYSE: RKT) – today announced the introduction of proprietary technology to electronically close (eClose) mortgage transactions entirely from a mobile device. This new product represents the final step in Rocket Companies' creation of a seamless, end-to-end real estate experience clients can use to go from application to closing on the iPhone or Android phone they use every day.

Key Points: 
  • This transformational innovation helps consumers complete the historically cumbersome final step in a home loan process from anywhere at any time.
  • "Rocket Mortgage pioneered getting a mortgage online from a smart phone now, Amrock is providing the final piece of the puzzle for a complete mobile mortgage experience."
  • Henry Winfield, an Amrock client based in Virginia, used the mobile technology earlier this year to close on a refinance while in North Carolina for work.
  • Amrock plans to roll out mobile RON capabilities for all mortgage transactions, including home purchases, by the end of 2022.