23 May 2022
The OneID Team®
The latest news from the OneID® team.
DocuSign partners with UK tech company OneID®.
OneID® has been announced as a DocuSign partner. This partnership means OneID® can provide government certified identity verification to DocuSign’s eSignature process with minimal disruption to their current customer journey.
OneID® can verify the identity of any user of online banking, which today in the UK is over 40 million people, a number that is steadily increasing. Using their ground-breaking technology OneID® will be providing an enhanced layer of protection to DocuSign eSignature which will corroborate the identity of signatories and protect companies, clients and important documentation. As the number of companies working remotely increases it is more important than ever to ensure that all e-signing processes are secure.
DocuSign cares passionately that its service is safe for customers to use with confidence. It ensures e-signatures are safe and helps customers avoid phishing scams and fraud. By adopting OneID® into the process there is a further layer of robust protection for DocuSign users.
DocuSign allows users to securely send and sign documents from anywhere in the world, with current customers including LinkedIn, AstraZeneca and Unliever. Their most recent integration with OneID® into their DocuSign eSignature customer journey will further enhance their already strong safety measures for their UK users.
OneID® lets individuals verify their identity online in a way that is quick, safe and secure. It requires no registration process, does not store any personal data and removes the need for scanning passports or taking selfies to authenticate your identity online.
At OneID® we have initiated programmes addressing the issues of purchasing restricted goods by underage buyers, reducing fraud and preventing social media abuse. Now, alongside DocuSign, we are proud to be enhancing safety measures for e-signatures on important documentation to protect consumers and businesses from impersonation fraud and scams.
Who is OneID®?
OneID® is a UK based tech company making it easier for people to prove who they are online by accessing bank grade and bank secured data. This ground-breaking technology can authenticate the identity of all users of online banking, which equates to a steadily increasing number of over 40 million people in the UK. It does this in a way that is secure, legitimate, government certified and certified through the Financial Conduct Authority. OneID®’s products have already appealed to a wide range of businesses in the UK who require their customers to quickly and safely authenticate their identity online.
OneID® was launched in 2019 and was founded with a strong social purpose to create trust online. It aims to be the first privately funded public utility. It is dedicated to having a positive social impact which is visible through their commitment to being a certified B-Corporation. The technology they have developed does not store or exploit personal data but enables businesses and consumers to access bank grade and bank secured data to operate safely when online.
So why Secure e-Signing?
Fraud is rapidly increasing around the globe and the fraudsters are continuously looking for alternative ways of defrauding companies and individuals. When physically signing a document, organisations can perform identity checks in person to ensure the signer is who they say they are. But when you move into the online world this is not possible. We sign documents for some of our most important company and individual reasons from a new contract award with a company, a new job and buying a house. All of these use cases are rich-pickings for the fraudster and do we really know that the person on the end of the email address we have just sent that important contract to is who they say they are?
This is where DocuSign eSignature and OneID® come in. This integration ensures that when an individual signs a document you know that they are who they say they are, without building in additional checks and the friction of digitised identity documentation which can be forged.
The check is simple and takes seconds, ensuring you know with certainty that the signer is who they say they are.
Electronic signing is now commonplace but is still vulnerable to fraud. Digital identity allow companies to know with certainty who is signing a document online and prevent the potential of fraudulent identities. The OneID® process is simple, available to all users of online banking, and can be done in seconds. This gives organisations the peace of mind that their important documents are signed by the person they expected.
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