{"id":410,"date":"2012-06-13T12:03:29","date_gmt":"2012-06-13T12:03:29","guid":{"rendered":"http:\/\/www.jeffsheely.com\/newmarketsvp\/?p=410"},"modified":"2022-05-05T18:50:00","modified_gmt":"2022-05-05T18:50:00","slug":"anderas-oflows-banking-platform-is-first-to-use-mobile-devices-to-eliminate-paper-from-account-opening-and-lending-processes","status":"publish","type":"post","link":"https:\/\/newmarketsvp.com\/2012\/06\/13\/anderas-oflows-banking-platform-is-first-to-use-mobile-devices-to-eliminate-paper-from-account-opening-and-lending-processes\/","title":{"rendered":"Andera\u2019s oFlows Banking Platform Is First to Use Mobile Devices to Eliminate Paper from Account Opening and Lending Processes"},"content":{"rendered":"

Andera, Inc. has unveiled its next-generation oFlows Platform, the first system that eliminates all paper documents from the account opening processes at banks and credit unions.<\/p>\n

\u201cBut the oFlows Platform goes well beyond that. It brings consumer loans and deposits into a single, universal platform and breaks down the barriers between financial institutions\u2019 delivery channels. It makes the entire experience much simpler and easier than ever for customers and banking staff.\u201d<\/p>\n

The oFlows Platform allows applicants to use the built-in cameras on iPads, iPhones, or AndroidTM devices to copy and deliver all supporting documentation electronically. Applicants can also legally sign deposit and loan documents on their mobile and tablet screens, using fingers or styluses instead of pens and paper.<\/p>\n

\u201cThe best way to get rid of paper is not to create it in the first place,\u201d commented Andera founder and CEO Charles Kroll. \u201cBut the oFlows Platform goes well beyond that. It brings consumer loans and deposits into a single, universal platform and breaks down the barriers between financial institutions\u2019 delivery channels. It makes the entire experience much simpler and easier than ever for customers and banking staff.\u201d<\/p>\n

Kroll also pointed out that Andera, with its 550+ customers and extensive network of technology partners, has years of experience in building interfaces with core banking systems. oFlows integrates with all leading systems used by credit unions and banks. The platform brings unique benefits to each key delivery channel:<\/p>\n