An electronic signature is intended to provide legally binding signatures showing intent. They fall short in providing identity authentication of the physical person who is making the signature virtually.
BioName-ID™ reinvents the electronic signature by providing a high level of biometric accuracy using a person’s legal signature. Unlike traditional e-signatures which don’t compare a signature to a template, BioName-ID can assure recipients that the intended person has added a legally binding signature. By authenticating the person with BioSig-ID with an authenticated signature which is compared to a pre-existing signature template, you can be sure of the signer’s identity.
This solution can be used anywhere online for transactions that require
- Proof of authenticity
- Data integrity
- Non-repudiation of communications conducted online
BioName-ID™ significantly improves ID verification, reducing fraud and streamlining the process of signing documents virtually. This same technology is a natural for a host of other applications including financial, legal, healthcare and ecommerce.