E-signature RegTech Cryptomathic has inked a deal to supply its services to LuxTrust, the electronic identity company representing over 95% of Luxembourg’s active population.
The deal was inked on the back of LuxTrust completing the technical migration to an eIDAS-certified QSCD version of Signer, Cryptomathic’s remote qualified digital signature solution.
The migration has enabled LuxTrust to upgrade all of its clients (citizens and businesses) to the highest eIDAS-qualified level, according to the EU regulation’s requirements.
“Luxembourg’s digital economy already provides businesses and individuals with an unusually high number of government, institutional and private sector digital services,” said Pascal Rogiest, CEO, LuxTrust. ‘
“Our partnership with Cryptomathic has enabled us to upgrade our electronic signature services and to ensure that all users can now benefit from the highest level of legal protection when remotely authenticating and signing transactions and legally binding electronic documents. This achievement puts the Luxembourg digital ecosystem at the forefront in Europe; it is the only nationwide digital identity system to reach qualified level.”
Guillaume Forget, managing director at Cryptomathic, added, “This is a significant milestone in Luxembourg’s digitalisation journey. The global need to support social distancing measures has dramatically accelerated every country’s use of digital services and heightened the need for gold standard security in remote transaction and document signing.
“With this project now complete, citizens, businesses and institutions in Luxembourg can perform e-signatures carrying the same legal value as those performed face-to-face, by hand. Luxembourg is now setting the pace here. Cryptomathic is delighted to be playing such a meaningful and sustainable role in the country’s digital development.”
Cryptomathic has previously inked deals with Eurocert and Poland’s national payments processor KIR.
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