Using eSignatures and eID – key building blocks of the digital market – reduces costs, improves efficiency, grows revenue and prevents fraud. Thanks to the EU’s eIDAS regulation, the private sector has had a solid regulatory environment to develop and expand the use of electronic signatures and transactions in the EU. What are the benefits of certification?
In today’s digital economy, the level of security and trust around sharing identity data as well as the user’s experience are key differentiators. As customers are increasingly using mobile devices to access applications, consume content and digital services, conveniently integrating high-security identification, authentication and electronic signature services is fundamental to doing business.
On 1 July 2016, the European Directive (EN) Nr. 910/2014 Electronic identification and trust services for electronic transactions in the internal market (eIDAS) took effect to establish a consistent legal framework and single market for the recognition of electronic signatures and identities across all EU member states. This provided the private sector with a predictable regulatory environment in which to develop and expand the use of electronic signatures and transactions in the EU.