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. According to Volkswagen, Scrive’s electronic signature service and Onfido’s digital identity verification services are integrated into the new process for verifying customer identity and signing financing agreements either remotely or in person.
“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.”
Speaking about the service, Titus Ackah-Sanzah, Product Owner at Volkswagen Financial Services UK, stated:
“Scrive and Onfido bring the experience and expertise we were looking for to provide a thoroughly modern, secure financing experience for our dealerships and their customers,. The response from our dealers is very positive: a clear, easy to follow process that streamlines the purchase experience and expedites the payout time.”
Volkswagen Financial Services is a 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.