= Subscriber content; log in or subscribe now to access all American Banker content.

BB&T Using Fiserv E-Signature Service

Print
Email
Reprints
Twitter
LinkedIn
Facebook
Google+
Partner Insights

BB&T Corp. of Winston-Salem, N.C., has begun to use Fiserv Inc.'s Secure Lending service to deliver initial disclosures and other pre-closing documents electronically to borrowers.

The $152 billion-asset BB&T will send the documents electronically from its loan origination system to Fiserv's Web site, where borrowers can view, print, download and sign them electronically, the vendor said Thursday.

BB&T soon will be able to send copies of the electronically signed documents, along with any unsigned versions, directly back into its loan origination system, where they will be transferred into the company's internal document repository, Fiserv said.

The electronically signed originals also can be stored in Fiserv's eVault archive.

"In addition to lessening our environmental impact by replacing paper-based methods with electronic procedures, we expect to see cost savings and increased customer satisfaction from borrowers using this quick and convenient process," Matt White, a senior vice president at BB&T and its mortgage technology manager, said in a Fiserv press release.

SEE MORE IN

Top 10 Tech Companies to Watch
To identify the fintech startups deserving of special recognition this year, a team of American Banker editors, BAI staff and consultant Jeanne Capachin debated the merits of self-nominees and companies we know. These are the ten that matter for 2015.

Image: Fotolia

Already a subscriber? Log in here
Please note you must now log in with your email address and password.