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  • Mar 1, 2021
  • 1 Minutes

DIGITAL FINANCING SOLUTION POWERED BY SCRIVE AND ONFIDO DEBUTS AT VWFS

We are excited to announce that we have recently rolled out our next-generation digital financing solution to our UK retailer network. Working in partnership with Scrive’s electronic signature service and Onfido’s digital identity verification services, these products are seamlessly integrated into the new process, for signing finance agreements and verifying customer identity.

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.

We are proud to be the first market where the new financing solution is being rolled out, and hope to add this to a number of new initiatives aimed at making our customers’ lives easier.

“Scrive and Onfido enable a fast, compliant and error-free financing process while providing a first-class customer experience for car buyers.”

Viktor Wrede, CEO at Scrive

Scrive and Onfido bring the experience and expertise we were looking for to provide a thoroughly modern, secure financing experience for our retailer partners and their customers. The response from our retailer network is very positive: a clear, easy to follow process that streamlines the purchase experience and expedites the pay-out time.

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VWFS Blog

2021: A NEW EMERGING LANDSCAPE

Mike Todd, CEO at Volkswagen Financial Services (VWFS) predicts that aside from the impact of Brexit, three other key areas will continue to influence the automotive sector’s response post COVID-19.

  • Feb 2, 2021
  • 4 Minutes
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VWFS Blog

FIND IT AND DRIVE IT - NEW CAR ONLINE LEASE SERVICE LAUNCHED

We are proud to share the news that VWFS has launched an innovative car leasing platform which can put drivers behind the wheel of a brand-new car, direct from the manufacturer, within just 30 days.

  • Nov 13, 2020
  • 2 Minutes
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VWFS Blog

NEW LEASE&CARE PACKAGES TO BRING EV TO THE MASSES 

We are proud to announce a new electric vehicle (EV) finance package that will enable more people to join the EV revolution and ensure car retailers remain an integral part of ownership now and in the future.

  • Dec 21, 2020
  • 4 Minutes