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Banks are purging paper to speed up processing like their business depends on it. The payoffs from these workflow improvements include faster processing, stronger loyalty, lower costs and higher revenue.
October 30 -
Kofax, a maker of imaging and business process management software, is acquiring Softpro, a provider of fraud prevention and electronic signature software based in Boeblingen, Germany, for $34.7 million in cash.
September 2 -
Check, a bill pay app owned by Intuit, has launched a feature some financial institutions have been positioning as a competitive differentiator: the ability to pay paper bills using the smartphone camera.
July 17
Kofax, a financial technology company in Irvine, Calif., on Thursday
The software, known as SignDoc Enterprise, gives consumers the ability to sign and return documents from desktop or mobile devices. The software supports several platforms, including Windows, Linux and mobile systems and could be used for loan or account opening documents.
"Digital transaction management is an emerging market category that defines a new way to conduct business," said Grant Johnson, Kofax's chief marketing officer, in a press release Thursday.
The announcement comes just four months after the company purchased
