Volkswagen Financial Services, Scrive, Onfido partner for new digital financing solution

Thursday 4 March 2021 12:00 CET | News

Volkswagen Financial Services UK (VWFS) has teamed up with Scrive and Onfido to launch their next-generation digital financing solution for UK dealerships. 

As part of this partnership, Scrive’s electronic signature service and Onfido’s digital identity verification services are integrated into the new process, for quickly verifying customer identity and signing financing agreements either remotely or in person.

Volkswagen Financial Services is innovating their customer online experience with a frictionless e-signature user flow. Upon signing a credit application, customers are able to prove their real identity by taking a photo of their ID and a selfie. After Onfido checks if the ID is genuine or fraudulent, it then matches it to the user’s face. Once this happens, Scrive’s service allows signing parties to formalise documents on any device, in person or remotely, resulting in a legally-binding agreement supported by a world-class evidence log and protected against tampering using blockchain technology.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Scrive, Onfido, product launch, partnership, digital identity
Categories: Fraud & Financial Crime
Countries: United Kingdom
This article is part of category

Fraud & Financial Crime

Industry Events