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How to protect your business against fraud with a digital seal

How to protect your business against fraud with a digital seal

Carol Vanderdonck,EIM Lead Consultant

May

10

Tuesday

10 May 2016

11:57AM

How to protect your business against fraud with a digital seal

As our ways of doing business become more and more digital, paper document streams are increasingly unproductive and slow down the overall processes on which financial organizations spend lots of money optimizing. On the other hand, with increased digital document exchange, how can your clients really be sure that the invoice they received is indeed the correct one and hasn’t been victim to fraud? Or how can you prove that a contract was signed by you?

eIDAS Regulation: the way to a unified digital market

To answer these concerns regarding digital document exchange, Europe took initiative to unify the digital market with the eIDAS Regulation as of July 2016. Europe’s eIDAS Regulation aims to increase European cross border digital exchange of information and push governments to more digital exchange with citizens. For organizations, eIDAS provides a legal framework for website authentication, digital signature, digital sealing, qualified timestamping and more.

With the legal equivalence of qualified digitally signed/sealed/timestamped documents, organizations can realize significant wins in both cost reduction and increased efficiency. This allows to take the next step in the digital transformation of the organization and increasingly work paperless: from eliminating paper archives to fully d...Read More.

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