Lexmark to Showcase Next Generation Mobile Onboarding Solution at Finovate Europe 2016

Lexmark International Inc., a global technology leader, will debut its latest mobile innovation at FinovateEurope 2016 in London on 9 February at Old Billingsgate Market Hall. Finovate is a leading conference which showcases the future of financial and banking technology. Lexmark will demonstrate its new Mobile Onboarding software solution between 13:00 and 14:20 on the main stage, as well as exhibit in the solutions showcase room.

Lexmark’s Mobile Onboarding solution features advanced mobile capture capabilities which turn smartphones into information capture devices to allow for more streamlined onboarding processes within retail banks. The solution demonstration will highlight a significant enhancement that guides the bank customer along the new account application process with instructions via an integrated natural language.

Lexmark’s Mobile Onboarding solution reduces process complexity, improves customer experience, shortens process time and minimises attrition by offering a frictionless mobile onboarding process. This process is driven by automated data recognition technology that captures relevant information from passports, IDs and driver licenses. The solution then corrects any errors or exceptions, and enables a virtual collaboration session to eSign the application in real time.

This innovative software combines the speed and convenience of mobile capture with the security and confidentiality of a traditional branch to solve a number of key challenges that retail banks face when on-boarding new customers. It also addresses pain points felt by today’s consumers who expect ease-of-use, intuitive self-service and quick response through all processes.

“We’re excited to be attending Finovate this year and look forward to showcasing the advanced capabilities of our intelligent and intuitive Mobile Onboarding solution,” said Darren Collins, Global Director, Global Industry Team: Banking and Insurance, Lexmark.

“As mobile adoption continues, it is essential to deploy a mobile capture technology that can be leveraged across many different areas of your business. Our aim is to demonstrate how our Mobile Onboarding solution not only solves customer onboarding complexities, but also allows banks to completely transform the First Mile of customer engagement into a simple, fast and error-free process.”