Similar to identity theft, this type of fraud happens when an unauthorized individual gain access through online banking applications, capturing the account information to create and write bad checks.
Account-centric enterprise content management solutions allow users to access account holder information based on their account numbers.
ACH (Automated Clearing House) is an electronic payment network that enables banks, credit unions, businesses, and consumers to securely send and receive funds between accounts for transactions such as direct deposit, bill payments, recurring payments, and account transfers.
An adverse action notice is a document sent to a loan applicant stating a bank’s rationale for denying a loan. It may also contain a counteroffer, such as a lesser amount or a request for an approved co-borrower.
Agentic AI refers to artificial intelligence systems that can autonomously plan, reason, make decisions, and take action to achieve specific goals with limited human intervention.
The term “aging exceptions” refers to a group of critical exceptions that have not been resolved within a reasonable amount of time.
Altered check fraud occurs when a fraudster changes the amounts and Payee from a stolen check.
API is short for “application programming interface.” Technology companies like Alogent rely on APIs to connect multiple software applications, thereby enabling a two-way exchange of information to support users’ needs.
Audit and exam prep is a process that financial institutions go through in order to adequately prepare for upcoming audits and exams.
An authorized signer form is a document that allows an account holder to grant a range of clearance levels to individuals to perform certain functions within a bank account.

eSign in banking involves the use of technology to collect and embed a customer or member’s digital signature into documents, such as forms that are needed to establish a deposit account or consummate a loan.

Collecting, Embedding, & Storing eSigned Account Holder Documents

Typically, banks and credit unions use document preparation systems to generate the necessary forms and documentation that require customer or member signatures. Integrating an eSign product makes it possible to electronically collect an account holder’s signature without printing paper versions of the documents and forms.

Financial institutions should work with their compliance teams to decide which, if any, documents will require a wet signature instead of being eSigned. For example, many banks or credit unions require that promissory notes are still signed in person, but some allow deposit account documents to be signed electronically.

After being eSigned, customer, member, and account documents should be managed appropriately in accordance with the financial institution's document policies. This may involve the use of a document imaging and tracking system, such as AccuAccount. Integrating an imaging system with your eSign and doc prep system can offer additional efficiencies.

Benefits: eSign in Banking

Financial institutions that have adopted eSign in banking see many potential rewards, including:

  • Efficiency: eSign reduces—or in some cases eliminates—the need to print, route, scan, store, and shred paper documents. Additionally, digital documents usually appear in a bank or credit union’s imaging system overnight or sooner. Once imported, the imaging system may then be able to automatically attach the eSigned documents to the correct customer, member, or account record.
  • Convenience: eSign makes signing easier for loan operations employees, lenders, and the customer/member as well.
  • Quality control: When properly configured, an eSign workflow should not permit a signing session to end until all necessary signatures are obtained, ensuring fully executed documents and reducing risk of oversights.

Account Management Resources

For more information about deposit and loan account management, be sure to check out our extensive resource library with free spreadsheets, whitepapers, and eBooks.

Browse our banking definitions page for more terminology.

Explore more resources

Related articles

Tuesday 13 October 2026

3 Real-World Use Cases of FASTdocs for Consumer Lending Teams

One lender might interact with hundreds of borrowers over the course of a single year. Each relationship involves a variety of conversations, emails, and documents…

Read the Blog

Tuesday 6 October 2026

Cybercriminals Target Processes, Not Just Systems

Banks and credit unions should look beyond traditional cyber defenses. Today's fraudsters increasingly exploit vulnerabilities in account onboarding, document collection, payment processing, and information access…

Read the Blog

Monday 5 October 2026

Why Trust Departments Need AccuAccount

Serving account holders’ needs is the primary responsibility of a trust department. To do that well, financial institutions must carefully balance multiple factors. Here’s why…

Read the Blog

Thursday 1 October 2026

What Your Exception Reports Are Really Telling You About Commercial Lending Performance

This article was originally published on ICBA.

Exception tracking has long been viewed as a compliance necessity in commercial lending. Missing financial statements, expired insurance…

Read the Blog

Wednesday 30 September 2026

Legacy Tech Is Costing Financial Institutions More Than They Think: Here’s How a Modernized ECM Strategy Fixes It

Legacy systems are creating inefficiencies across financial institutions, with employees spending significant time searching for and managing fragmented data. In response, enterprise content management (ECM)…

Read the Blog

Monday 28 September 2026

Four Areas Banks and Credit Unions Should Evaluate as They Plan Next Year's Fraud Strategy

As financial institutions begin budget planning and technology evaluations for the coming year, fraud prevention remains a top operational priority. Faster payments, expanding deposit channels…

Read the Blog

Monday 21 September 2026

3 Strategic Conversations Every Bank and Credit Union Should Be Having About Instant Payments

Is your institution ready for instant payments? The conversation has shifted from if to how, but success requires more than connecting to faster payment rails…

Read the Blog

Tuesday 8 September 2026

Simplifying Work & Reducing Stress for Tellers with FASTdocs

FASTdocs helps tellers balance speed, service, and compliance by providing fast access to account holder documents, account information, and verification records directly from their teller…

Read the Blog