Undoubtedly, one of the challenges of the financial sector is to take advantage of the impact of new technologies. There are many financial entities that rely on Viafirma for developing solutions that bring them closer to the needs of this new digital economy. Let us review some of our success stories in the financial sector.

As a customer of banks, pension funds, securities or insurance companies, among other establishments in the sector, we are convinced that these technological changes will not have gone unnoticed. There are numerous financial establishments that have relied on Viavansi group´s products to adapt to the new relationship model that prevails among customers and organizations.

They are tailor made solutions, equipped with the most advanced technologies related to e-Signature or other systems of identification and authentication of the signer before performing certain operations.

Among these projects, we would like to highlight the implementation of our ICT solutions in the electronic security area in companies in the financial sector in different parts of the globe, such as Mercofact (Dominican Republic), Promerica Bank, barclaycard – United Kingdom – or Itaú Bank.

Successful Cases in the Financial Sector

Here are some of our success stories in the financial sector:

Mercofact

The Electronic Commerce Market of Invoices (Mercofact) is a company based in Dominican Republic specialized in the private market of credit assignments. Within the private factoring market, among other aspects, there are the alternatives of business financing through the search for liquidity through the sale of pending invoices collection.

An activity that has been benefited thanks to the implementation of viafirma platform and a virtual office service in its SaaS version for managing online procedures. In particular, the integration of the electronic signature with the system of buying and selling in this competitive market has been carried out.

Barclaycard

The Viavansi group has also collaborated in the digital transformation of Barclaycard, one of the four Barclays Group’s business units, a leader in credit card payment systems, with more than 30 million customers.

In Spain, since the end of the 1990s, the company offers personalized banking coverage. Viavansi collaborated with Telefónica and Athento in creating a software that allowed the company to manage thousands of credit card applications by reducing card delivery times to the customer, among other features.

It is a software that covers the complete life cycle of the marketing of their credit cards, building mobile solutions that, among other advanced functions, include biometric signature, document capture through camera, integration with card reader to Capture DNIe data, document reading using Optical Character Recognition (OCR), or local generation of documents from templates.

Mucap

The Mutual Carthago Savings and Loan (Mucap) is a pioneering bank entity as a mutual association listed in Costa Rica. Created in 1970, it belongs to the National Financial System for Costa Rican Housing and its main objective is to promote savings and investment to respond to the country’s housing problems.

A social work that represents a great challenge, that for its achievement advantageous technological solutions are needed. In particular, the bank has implemented Viafirma Platform to speed up its internal processes. It is a solution of digital signature that allows to use the services related to this area in order to optimize its processes through e-signature

Bancrédito

Bancrédito, the “youngest” financial institution of the three Commercial Banks of the Costa Rican State, is a consolidated financial institution that seeks to combine personalized treatment with its clients with the demands of modern banking.

The implementation of viafirma platform was carried out with the collaboration of our partner Isthmian Technologies. A project that includes support to the certificates issued by SIMPE / Digital Signature according to the country’s regulations, based on cryptographic cards as a support of the digital signature in order to authenticate and guarantee the confidentiality of the clientele.

Itaú

Banco Itaú, the largest private bank in Latin America, successfully responds to the challenge of offering personalized coverage to its banking, cuwtomers, corporate or SME and corporate clients thanks to its good work and the different type of technological support provided, as the one developed by viafirma.

Its commitment to the mobile firm in its home banking channel and the implementation of the electronic signature services of viafirma has been reflected in an electronic signature authentication platform based on electronic certificates. On the other hand, complemented with the viafirma manager to measure, analyze and configure different statistics about electronic signature.

Banco Promérica

Banco Promérica (Guatemala) is part of the Promérica Banking Network. It is a leading group with presence in Latin American countries such as Guatemala, El Salvador, Honduras, Dominican Republic, Nicaragua, Panama, Costa Rica and Ecuador.

As part of its technological modernisation plan, a personalisation project for the Token APP for iOS was carried out in collaboration with Isthmian Technologies. This project is part of the online banking platform improvements in terms of enhancing the security through a 2 factors authentication.

St. Georges Bank

St. Georges Bank (Panamá) is part of the Banking Network Proamérica. It is a leading group with presence in countries from Central American, South América and Caribe,  countries such as Guatemala, El Salvador, Dominican Republic, Nicaragua, Panama, Costa Rica and Ecuador.

As part of its technological modernisation plan, a personalisation project for the Token APP for iOS was carried out in collaboration with Isthmian Technologies. This project is part of the online banking platform improvements in terms of enhancing the security through a 2 factors authentication.

So far we have reviewed some of the main success cases of the Viavansi group in the financial sector, a technologically conservative sector, but in recent years is taking giant steps in its digital transformation. Not just at the process level. Given the possibilities opened up by digital identity, trust services and e-commerce, new financial solutions are emerging, alternatives to traditional ones, which open up a world of possibilities to this market. We are very sensitive to these changes and every day we investigate new solutions to give an innovative response

We’ll be back next week!