February 2, 2012 – 11:58 am
eDOC and Oak Trust Credit Union recently hosted the Tri-State e-Strategy Leadership Conference at the Illinois Credit Union League office. The main topic of this year’s conference was “Legality and Compliance of Electronic Documents and Electronic Signatures”. As part of the collaboration by industry leaders, all presenters provided examples of electronic documents and signatures being challenged for legality and compliance and how they furnish the proof needed to be enforceable.
Renee Petersen, VP of Internal Operations at Unison CU in Kaukauna, WI said, “This conference reinforced my confidence in the legality of electronic documents and electronic signatures as we move forward to meet our members’ needs for convenience. Also, the new ProDOC Packages™ solution will be a valuable tool for our staff and will save them time by organizing their documents in an electronic workflow for account openings and loan closings. ProDOC Packages™ “virtual manila folder” provides an easy to view dashboard and checklist to ensure that we have all the necessary documents and that all documents have been completed prior to finalizing the transaction and storing the documents. No more missing files, documents or signatures.”
Matthew Young, credit union attorney from the law firm, Weltman, Weinberg and Reis reviewed requirements under the eSign Act and the Uniform Electronic Transaction Act along with varying state laws. Lewis Levey, Chairman of Computime, official distributor for Topaz signature pads, discussed the forensics used to ensure that the signatures are compliant. Michael McKee, Business Development for Financial Institutions and Credit Unions at DocuSign, provided similar information for remote digitized signatures captured through DocuSign’s secure website. Harley Dell, Account Manager of eDOC Innovations, provided a demonstration of electronic documents, electronic signatures and remote digitized signatures utilizing eDOC’s ProDOC Forms™, ProDOC Packages™ and eDOCSignature™.
February 2, 2012 – 11:57 am
eDOC Innovations has announced that IBEW & United Workers Federal Credit Union, headquartered in Portland, Oregon, has replaced its Check21 solution with eDOC’s CheckLogic™ suite, as part of a broader collaboration between eDOC and Corporate One FCU, an eDOC partner and affiliate.
“We are delighted to welcome IBEW into our peer group of CheckLogic users,’” said Bret Weekes, President/CEO of eDOC Innovations. “I am pleased to collaborate with them as part of our expanding west coast check imaging group of credit union clients! I’m just as pleased to see our partner, Corporate One, succeeding after such a challenging time for the industry. It is a good example of what network business is about,” continued Weekes.
Karen Chesbro, head of eDOC’s implementation team reported that her experience with the credit union staff was “a delightful experience for our team. The staff was so easy to work with. We look forward to a long and collaborative experience with them.”
The CheckLogic™ platform provides a robust, comprehensive for Check21 and Item Processing. When fully integrated with eDOC Innovation’s eDocument strategy, credit union’s efficiency can reach new levels of performance for both staff and members. CheckLogic support includes remote deposit for home or business.
February 2, 2012 – 11:57 am
eDOC Innovations announced today it has partnered with CU*Answers Network Services, a leading network solutions integrator, to develop and deliver a virtualized appliance of for its DocLogic™ eDocument strategy solutions. The virtual solution will accelerate the deployment timeframe of the DocLogic™ suite and will provide scalable performance as clients expand their internal e-document strategies. The new virtual appliance will also provide superior availability with continuous backup and disaster recovery capabilities.
“Our clients are embracing virtualized infrastructure at a rapid rate and the reasons are obvious,” explains eDOC Innovations CEO, Bret Weekes. “A virtual system is flexible in ways that physical boxes aren’t. This design will give our clients flexibility to tailor the deployment to the architecture they already have deployed without incurring extra expense of dedicated hardware,” comments Weekes.
The virtual appliance is hardware agnostic and portable across computing platforms. It drastically simplifies disaster recovery and is compatible with most existing VMware and Microsoft Hyper-V environments. “With the eDOC virtual appliance solution, you’re not only simplifying and more quickly delivering this best of breed electronic document solution, you’re greatly easing systems management considerations by using a virtual appliance” says Matt Sawtell, AVP of Managed Technology Services at WESCO Net. “This solution also scales backup and recovery options from a continuous network based back to true high availability” comments Sawtell.
February 2, 2012 – 11:56 am
The United Nations General Assembly has dubbed 2012 the International Year of Cooperatives (IYC). eDOC Innovations, Inc. has announced that they will be taking part in this yearlong event. eDOC, Credit Union Service Organization, recognizes the importance of working with credit unions and other CUSOs in the “cooperative” business environment.
The International Year of Cooperatives has been organized by the UN as way of distinguishing the contribution that cooperatives bring to economic development through generating new employment, and taking part in a more collaborative social integration.
“Cooperatives are a reminder to the international community that it is possible to pursue both economic viability and social responsibility” comments Ban Ki-moon, United Nations Secretary-General.
The United Nations recognizes cooperatives as “people centered businesses”. “As a CUSO, eDOC’s primary goal is to provide innovation to our owners and peers; innovation that creates value for each member that participates with the credit union” comments Bret Weekes, CEO of eDOC. “Through the cooperative model, eDOC encourages each peer credit union to educate young individuals and recognize that the next generation will greatly benefit from working with their community to build fiscal responsibility” Weekes concludes. eDOC will be announcing events to celebrate the International Year of Cooperatives in the coming months.
