Digital ID startup itsme has released a new electronic signature tool to bolster online security.
Integrated on to its ID app, users are now able to attach a legally binding signature to any document on their phone. The platform supports qualified signatures, which is the most secure type of online signing, and will enable users to sign agreements for loans, lease agreements, real estate bids and property purchases, among others.
To access the itsme Sign service, a user simply has to activate it when interacting with participating companies. To support as many people as possible, itsme has teamed with Connective, Doccle, Isabel Group and Luxtrust to support online contract signing.
Belgian Mobile ID CEO Kris De Ryck said, “Through itsme® Sign, we have taken the final step for totally digitising a range of processes.
“The qualified signature feature from itsme gives consumers a very simple – and fully mobile – way of signing documents in a way that is legally binding. For our partners, this means that they can digitise processes that are currently often very time-consuming and hence very expensive. So, it’s a clear win-win for everyone involved.”
itsme is a digital identity platform which securely stores a consumer’s personal data and streamlines the process of sharing this information with other parties.
Last year, fellow online signature company Signicat joined the European Telecommunications Standards Institute. ETSI is a technical committee which is responsible for the standardisation of digital signature and trust services.
Copyright © 2019 FinTech Global
Copyright © 2018 RegTech Analyst