Bank Leumi and digitalization startup CallVU partner to cut down on paperwork
Digital signatures are part of an overall initiative at Bank Leumi to make banking more transparent and convenient
CTech | 12:52 09.03.2021
A new digital signature system developed by CallVU will allow Bank Leumi replaces thousands of documents with digital files. CallVU's Customer Engagement platform enables the conversion of thousands of types of documents - from deposit certificates to credit applications - into digital files that are transmitted remotely via text messages to smartphones, enabling fast and convenient digital signatures. Behind the strategic move is the desire to reduce bureaucracy for customers and make bank documents more accessible, efficiently and quickly. In addition, full digitization will be maintained between the bankers and customers and the use of paper will be significantly reduced, with over 10 million pages being saved so far. The limitations of the Covid-19 pandemic and the need to move to remote work and remote customer service, has accelerated the development of new digital processes across a variety of industries, including the banking sector.