WAULT to Release Software Update to Aid Verification for Audio/Visual Notarizations
April 21, 2020
To assist the real estate industry conducting remote audio/video notarizations, WAULT will release a free updated version of its patented technology to help users participating in these closings during the COVID-19 crisis.
“Many states are allowing for real estate closings to happen remotely using standard video conferencing software like Zoom, Skype or even Facebook Live,” said Tom Cali, director of business development at Wymsical Inc. “Utilizing our WAULT technology will allow individuals to securely share and verify their identity to the notary, meeting the stringent requirements of lenders and title underwriters.”
WAULT will help notaries verify the identity of the signers and securely store the recording of the video closing. Most importantly, Wault says its technology give lenders and underwriters the verification and security necessary to accept this process.
The free version of WAULT will be released on April 28 and be available to individuals and independent notaries via AppStore for iPhone users or Google Play Store for Android users.
Contact ALTA at 202-296-3671 or [email protected].