North Peace Savings and Credit Union Innovates using eSignLive E-Signatures

July 17, 2013
MONTREAL, QC, July 18, 2013

– Silanis Technology, a leader in enterprise electronic signature solutions with over 600 million documents processed annually, today announced that North Peace Savings and Credit Union, a regional financial services organization, will implement Silanis’ e-signing service, e-SignLive™. North Peace Savings chose e-SignLive™ to enable members to instantly and securely sign documents over the web from anywhere. North Peace Savings will first add e-signatures to retail and commercial lending applications, following then to account openings using a click-to-sign method. “We’re taking our business digital to help reduce paper and to unite our widespread membership, making it convenient for them to access our services,” said North Peace Savings and Credit Union CEO, Mitchel Chilcott. With an average of 100 loan applications per month and around 450 accounts, North Peace Savings expects to save both time and costs while offering its members improved service, including the ability to electronically sign using an iPad. Member experience is a strong driver for many financial organizations that choose to implement electronic signatures. “We’re adding convenience and speed for members while eliminating inefficiencies like printing, tagging, scanning and shredding – it’s a win-win for everyone,” continued Chilcott. Leading the way as innovators for member experiences is something that North Peace Savings has been recognized for and continues to pursue. The organization has instituted “Smart Offices” in their branches, especially those located remotely, to ensure every member is able to access resources that may not be available at their branch, including subject matter experts to provide loan advice. “We will integrate e-signatures into our “Smart Offices” so that a member is able to review documents on screen with a loan expert and also sign on screen and authorize the deposit into their account immediately without ever going to paper,” said Chilcott. “This competitive win reinforces Silanis as the choice for financial services in Canada,” said Silanis CEO and co-founder Tommy Petrogiannis. “It’s our security, our ease of use and the cost savings and customer experience our technology allows that will help credit unions improve service to their members,” continued Petrogiannis. About Silanis Silanis is the most widely used e-signature solution in the world, responsible for processing more than 600 million documents annually. Founded in 1992, Silanis’ solutions e-Sign Enterprise and e-SignLive enable thousands of organizations, including four of the top 10 North American banks, eight of the top 15 insurance companies and the entire US Army to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis provides the most flexible deployment options with its on-premise, cloud and SaaS e-signature solutions, eliminating manual, paper-based processing and enabling e-commerce and e-government transactions to be electronically executed from start to finish. About North Peace Savings and Credit Union People’s Choice winner of the “Best Financial Institution”, North Peace Savings and Credit Union is a full-service financial organization offering banking, commercial, investment and insurance products. Located in Northeast British Columbia, North Peace Savings has proudly served the north for over 65 years.  With over 11,000 members within its four branches, NPSCU remains committed to the social and economic well-being within its communities.