The Electronic Signature and Records Association (ESRA) recently welcomed four new member companies to its ranks.
Each of the four new member companies – SIGNiX, Springleaf Financial Services, NotaryCam and DocVerify – exemplifies ESRA's mission to globally advocate the use of electronic signatures and records.
Springleaf Financial Services uses electronic signatures and records to accelerate the personal and auto lending processes, while NotaryCam's technology allows users to electronically sign documents with a live notary public in minutes as opposed to days.
Additionally, SIGNiX's digital signature solution enables businesses to complete online documents, while DocVerify's digital document verification solution proves the integrity of digital documents.
In addition, ESRA reports that officials from the Consumer Financial Protection Bureau (CFPB) gave a presentation on the bureau's Mortgage e-Closing Pilot during its most recent member meeting held Feb. 25 at the Experian Headquarters in Costa Mesa, Calif.
‘As electronic signatures and records continue to play a greater role in Springleaf's day-to-day operations, we have become acutely aware of the need for legislators, regulatory agencies and the industry at large to be better educated on the benefits and existing legal framework for this technology,’ says Adam Barton, attorney for Springleaf Financial, in a statement. ‘Springleaf is excited to be part of an organization that endeavors to address this need.’
‘It is important for us to unite throughout the year and provide educational resources to our members,’ adds Jeff Knott, 2015 ESRA chairman and assistant vice president of Equifax. ‘Our association is dedicated to creating a forum for member organizations to discuss the latest developments, trends and legislation surrounding electronic signatures and records. [The meeting on Feb. 25] was our most widely attended member meeting to date, which is a testament to the various emerging as well as ongoing efforts spanning domestic and international e-signed record topics.’