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Visa Makes Strategic Investment in DocuSign

Mobile Commerce Insider Featured Article

July 15, 2014

Visa Makes Strategic Investment in DocuSign

By Anil Sharma
TMCnet Contributor

Visa has recently made a strategic investment in DocuSign, Inc. DocuSign, The Global Standard for Digital Transaction Management, automates manual, paper-based processes with the only open, independent, standards-based DTM platform for managing all aspects of documented business transactions.

The investment will help DocuSign and Visa find ways to enable customers to prepare, execute and manage digital transactions and integrated payments safely and securely.

“Both Visa and DocuSign have a common vision to help consumers and organizations transact business in confidence,” said Ryan McInerney, president, Visa said in a statement.

“Our mutual objective is to eliminate paper-based transactions. For Visa, the competition is cash, for DocuSign it is paper,” said McInerney.

He said Visa is proud to invest and support DocuSign as it creates a digital standard that will help everyone transact business more conveniently, quickly and securely around the world.

Keith Krach, chairman and CEO, DocuSign said that the new relationship brings together two trusted global brands that are both committed to helping consumers and companies around the world ‘Keep Business Digital.’

TMCnet recently reported that Nintex, a workflow software company and DocuSign, has entered a partnership to integrate DocuSign’s Digital Transaction Management (DTM) platform with Nintex’s workflow automation platform.

Thanks to the pact, customers will now be able to seamlessly incorporate DocuSign DTM features like eSignature into their Nintex workflows, in order to eliminate paper-based document signing and go fully digital in their businesses.

Officials with Nintex said that the integration of the Nintex workflow automation and DocuSign DTM platforms would allow organizations to execute secure, legally-binding and enforceable documents, eliminate inefficiencies and break-downs in business processes requiring signatures, formalize and streamline all activities required before and after signatures are secured, and Improve governance, compliance and security of business processes requiring signatures.

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