Certain industries have a necessity to protect confidential information as well as a requirement for authentication - proving that a document was sent by a particular person. In this blog post, we will not be looking at why specific industry sectors SHOULD use electronic signatures, instead, we aim to educate the reader on where and why certain sectors NEED to use them.
The demand for remote digital signatures to enhance security and customer experience continues to grow across the EU as the banking and financial sector moves forward with digitalization, global expansion and technological transformation. This article presents 3 integration options for Cryptomathic’s digital signing solution.
Globalization has continued its inexorable march over the last decades. The movement of everything from capital, labor, ideas, goods, and services across borders has made the world a smaller place. International organizations create the rules that define and guide interactions between people and nations. In parallel, we are seeing another revolution - digitizing our economy at a breath-taking pace.
In May 2021, researchers published two attacks on certified PDFs, which enabled unintentional and fraudulent modifications to be applied to signed documents. Here we provide a brief summary of the attacks and explain why documents that are digitally signed using Cryptomathic Signer and its WYSIWYS technology is not susceptible to these attacks.
Despite some recent protectionist headwinds, international trade had been chugging along and growing at a decent pace. However, this does not mean business as usual. Firstly, high-growth markets are continuously shifting, motivating companies to access emerging markets that they have not done business in before. Secondly, even in their local markets, companies face stiff competition, which drives them to build business and customer relationships in their regions (like in the EU, for example).
Great strides have been made in the retail banking and payments space via innovative financial technology products. However, in the corporate banking space, the developments and transformation into a truly digital platform have been more muted. This small case study provides a mock-up of how a fully digital, secure, and authenticated transaction can take place using a single one-stop application.
