Volkswagen Financial Services UK (VWFS), part of Volkswagen AG, has partnered with Scrive and Onfido to launch their next-generation digital financing solution for UK dealerships. Scrive’s electronic signature service and Onfido’s digital identity verification services are seamlessly integrated into the new process, for quickly verifying customer identity and signing financing agreements either remotely or in person.
Viktor Wrede, CEO of Scrive
Volkswagen Financial Services is innovating their customer online experience with a frictionless e-signature user flow. Upon signing a credit application, customers are able to prove their real identity by taking a photo of their ID and a selfie. Onfido first checks that the ID is genuine and not fraudulent, and then matches it to the user’s face. This ensures the person presenting the identity is its legitimate owner and is physically present. Scrive’s service then seamlessly allows signing parties to formalise documents on any device, in person or remotely, resulting in a legally-binding agreement supported by a world-class evidence log and protected against tampering using blockchain technology.
Titus Ackah-Sanzah, Product Owner at Volkswagen Financial Services UK “
Volkswagen Financial Services, provider of financing, leasing, insurance and mobility, operates in 48 markets across the globe. The UK is the first market where the new financing solution is being rolled out.
Oliver Krebs, VP of Central EMEA at Onfido.