Countries around the world have increasingly adopted legislation that deems e-signatures legally binding. Governments, industries and organizations are passing widespread policies that formally accept digital signatures as valid substitutes for handwritten signatures.
With this acceleration toward adoption comes the need for vigilance concerning evolving policies. DocVerify is at the forefront of compliance with existing and imminent legislation to ensure that our solutions meet or exceed regulation.
An electronic signature, like its paper equivalent, is a legal concept. The watershed legislation U.S. Electronic Signatures in Global and National Commerce Act (E-SIGN) defines an electronic signature as "an electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a person with the intent to sign a record."
A U.S. Federal law passed in 2000, E-SIGN enables the use of electronic records and signatures for commercial transactions. The act enables organizations to adopt a uniform e-signature process across all 50 states with the assurance that records cannot be refused by a court of law solely on the basis that they were signed electronically.
Because the act is technology-neutral and doesn't favor any one type of solution over another, organizations must determine how they plan to meet the E-SIGN Act's requirements for capturing signing intent and authenticating data and signers.
The good news is, compliance is built into DocVerify solutions from the ground up and in every detail. We do the worrying so you don't have to.
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DocVerify is the premiere provider of secure electronic signature and electronic notary services at considerably less cost than most other providers.