The Electronic Identification and Trust Services Regulation (EU Regulation 910/2014/EC - also known as eIDAS) is a complex set of laws (including technical standards) that raise the bar for providing electronic trust services throughout all EU member states. This article tries to help in the decision making process of choosing between implementing Advanced or Qualified Electronic Signatures in the context of eIDAS.

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.

In Part 1 of this series, we looked at how remote electronic signing can help banks with faster onboarding, reduction in operational and legal risks and enhancing operational efficiencies in relation to corporate banking clients. The direct savings from that alone can run into the millions and if we account for the opportunity costs of not having remote electronic signing solutions, that cost can be much higher.

User experience is always front and centre when it comes to attracting retail consumers. But what about corporate and institutional banking? Surely large corporations with dedicated finance departments have things other than just user experience on their minds. Are remote signing solutions worth it for them?

If SMEs are the backbone of an economy, professional service providers are the ones who grease the cogs of that machinery. Notaries, accountants, insurance agents, consultants etc. provide value added services that are indispensable to the operations of a business in the 21st century. We touched upon how eIDAS can be leveraged for professional service providers in a previous article here.

With the introduction of PSD2, banks are forced to provide third party payment service providers (PSPs) with access to the bank’s customers’ account information for account servicing and payment initiation services, but only in the case where the user has granted access to these third-party players. This article explores a technical solution that leverages eIDAS to address the PSD2 requirements.

The following content is an introduction to trust services and remote Qualified Electronic Signatures (QES) according to the eIDAS regulation and standards. This article is aimed at highlighting what a trust service provider (TSP) is and the valuable benefits of remote QES and other trust services.

Ensuring that the integrity of an e-signature remains intact is crucial to protecting its attached messages or documents. This article will explain three types of e-signature validation attacks and how they can be avoided by adopting the standards for e-signatures under eIDAS.