Cryptomathic’s Signer is the only qualified (electronic) signature creation device (QSCD) that is certified under the SO-GIS agreement using the Common Criteria Recognition Arrangement (CCRA). Its security target is written to strictly conform to the certified protection profile EN 419 241-2.

In this article, we will discuss the Certificate Authority (CA) in the context of eIDAS and what is required of this entity in ensuring the integrity of qualified electronic signatures.

The eIDAS regulation provides both the technical and legal framework for electronic identification and digital signatures that the banking sector needs to fully digitalize its processes and go paperless.

This article looks at 3 alternative deployment options for remote signing, catering for 3 different business models. The choice of the option will depend on the financial institution’s specific situation and strategic goals. This article gives guidance.

EU Regulation No 910/2014 (eIDAS) addresses the creation of remote electronic signatures using electronic signature creation data that is managed remotely by a third-party trust service provider (TSP) working on behalf of the signee.

Under eIDAS, a qualified electronic signature creation device (QSCD) must be certified and approved to be used for generating qualified electronic signatures (QES). Cryptomathic’s Signer is the only QSCD that is certified under the SOG-IS agreement using the Common Criteria Recognition Arrangement (CCRA).

Globalization has continued its seemingly inexorable march over the last decades. Movement of capital, labor, ideas, goods and services across borders has made the world smaller. International and multilateral organisations create the rules that define and guide interactions between peoples and nations. Parallelly, we are seeing another revolution - the digitizing of our economy at a breath-taking pace.

Originally published in nCipher website www.ncipher.com 

A few years ago, the BBC reported that the power of the traditional hand-written signature was under threat from its digital counterpart. While it may have taken some time, the increasing adoption of digital services – from banking and financial transactions in the private sector, to taxes and healthcare in the public – has led to a significant rise in the use of electronic signatures.

This article discusses the benefits eIDs provide for both banks and customers in streamlining cross-border transactions and what is required under eIDAS for identity verification and client onboarding.