TrustCloud Transactional Room is designed as a virtual meeting area for carrying out the highest-risk and most complex transactions with full guarantees, meaning that digital banking and insurance companies warmly welcome this solution. Transactions in these sectors call for heightened cybersecurity to prevent serious financial crime and economic fraud, and also require companies to have an extensive knowledge of their customers in accordance with KYC regulations.
TrustCloud Transactional Room is ideal for signing transfers of large amounts of money, mortgages, and high-value loans in markets where this is permitted by their regulations, as well as full coverage insurance policies and onboarding processes which are completely digital.
The vehicle rental and financing sector may also discover an ingenious way to attract new customers with TrustCloud Transactional Room. When buying or renting a car, customers must go to a dealership to authenticate their identity, validate their driving license, and prove their economic viability before they can get behind the wheel. Now, customers can complete all these processes from home using TrustCloud Transactional Room, while waiting for their vehicle to be sent to their house.