The UK's relationship with the EU has been tumultuous in recent years, especially in the wake of Brexit. With regards to digital identities, former Prime Minister Tony Blair's, statement that "everyone in the UK should be issued with a digital ID" has sparked heated national debate and left many wondering if the UK will follow suit with the EU on this issue.
The intent of the eIDAS regulation is to create a portfolio of technical and legal standards that enhance the security, legal validity, and acceptance of electronic transactions used to conduct business online or official business across EU member state borders.
Last week order for 186 double-decker trains was nullified due to a legal formality surrounding the Qualified Electronic Signature used to ink the deal. Guillaume Forget, Managing Director and e-signature specialist of Cryptomathic GmbH, unpacks what went wrong and highlights what businesses everywhere can learn from the debacle.
When deploying digital signatures to fully digitalize business processes, large organization such as banks must comply with the technical and legal guidelines of the country in which they operate. Complying with standards of various jurisdictions can prove difficult when the signature solution must be made available on both a global and a local level.
With support for signing XML documents in its WYSIWYS solution, Cryptomathic now provides the means to offer the much desired What You See Is What You Sign (WYSIWYS) feature for both PDF documents and XML files. With WYSIWYS, it is possible to demonstrate that signatory’s intent was provided for, with a well-specified UI, thereby strengthening non-repudiation of online transfers or other signature operations. The new feature is now available as part of the latest Cryptomathic Signer product version, released in November 2018.
National digital signature schemes that utilize remote signing technology can achieve very high usage rates, whereas Trust Service Providers and Banks (who might use the schemes) also tend to reach millions if not tens of millions of signatures per year - with peaks exceeding hundreds per minute. In this article we discuss the key elements for designing a scalable architecture to deliver a digital signing service under a high Service Level Agreement (SLA) with high throughput and low latency.
Signing is a way of showing consent when different stakeholders agree on something and the digital production of a signature is no different. Digital signature processes are integrated in a global ecosystem, where the signature represents the deliberate consent of a signatory so that a contract or transaction can be executed in a non-repudiable way in accordance with contract fulfillment and legal requirements.
Following the revised Payment Service Directive (PSD2), banks in the EEA are required to enable their customers (users) to grant third party providers (TPPs) access to
This article was originally published in the Banking Automation Bulletin, Issue 352
