As credit unions increasingly adopt digital technology to make financial transactions more convenient, they face new challenges.

Credit unions are especially vulnerable to cyber-attacks because they handle such sensitive information, including financial data and personally identifiable information. Without the proper tools in place, members’ data could be exposed and possibly end up in front of the wrong eyes. Identity Authentication

So how do credit unions securely verify the identity of their members who may not walk into a local branch to sign a loan—but rather sign remotely using e-signatures?

One of the strongest lines of defense for online transactions is reliable identity authentication, the process of ensuring that only those who are authorized can access digital documents and data.

John Harris, SIGNiX’s chief technology officer, discusses the rising importance of using identity authentication tools in credit unions and outlines the different authentication methods that are currently used in the industry. 

You can read the full article here.

Download Free PDF

 

To learn more about using e-signatures at your credit union, download this free eBook. 

digital signatures for credit unions free ebook 

You may also like

Tennessee Credit Union League selects SIGNiX as exclusive partner
Tennessee Credit Union League selects SIGNiX as exclusive partner
15 October, 2012

Relationship provides credit unions throughout Tennessee with preferred access to leading digital signature service in c...

Credit Union Resources, Inc. expands partnership with SIGNiX
8 October, 2012

Relationship broadens to provide credit unions in Arkansas with preferred access to leading digital signature service in...

Credit Union Offers On-Demand Service with SIGNiX Digital Signatures
Credit Union Offers On-Demand Service with SIGNiX Digital Signatures
27 June, 2014

Alamo Federal Credit Union has combined technology with face-to-face member relations to create Concierge Banking. With ...