electronic signature

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Related to Electronic signatures: Digital signatures

electronic signature

The electronic equivalent of a handwritten signature. There is more to it than pasting a graphic of a signature into a text document. Electronic signature software binds a signature, or other mark, to a specific document. Just as experts can detect a paper contract that was altered after it was signed, electronic signature software can detect the alteration of an electronically signed file any time in the future. CIC (www.cic.com) and Silanis Technology (www.silanis.com) are pioneers of electronic signature technology, which has proven especially relevant in the financial, insurance and real estate industries.

More than a Digital Signature
An electronic signature is often confused with a "digital signature," because it uses digital signature technology for detection alteration. An electronic signature also requires user authentication such as a digital certificate, smart card or biometric method.

In June 2000, the U.S. government passed the E-sign bill, which gives electronic signatures the same legality as handwritten ones. See ESIGN Act, digital signature, digital certificate and biometrics.
References in periodicals archive ?
In this article, I will be taking a tightly focused view of Annex 11, (3) specifically the interpretation of clause 14 for electronic signatures.
We welcome any technology that's secure and makes our clients' experience faster and easier, including electronic signatures," said Karl Lee, president of the Santa Clara County Association of REALTORS.
Public Law 106-229, Electronic Signatures in Global and National Commerce Act, of June 30, 2000, defines an electronic signature as "an electronic sound, symbol, or process attached to, or logically associated with, a contract or other record and executed or adopted by a person with the intent to sign a record.
The number of lenders that are now in conversations about moving into electronic signatures has increased tenfold over this time one year ago.
Not coincidentally, this is the arena in which the Department of Education (DOE) first provided definitive guidance on e-sign requirements with the July 2001 publication of Standards for Electronic Signatures in Electronic Student Loan Transactions.
North Carolina revised an existing UETA law by expanding its application to electronic records and electronic signatures, without affecting transactions subject to any other law, he said.
According to Benjamin Wright, noted e-commerce attorney and co-author of Law of Electronic Commerce, "How, where and when electronic signatures are used requires the same care and common sense that one would apply to the use of pen and ink signatures.
Can I require all of my clients, customers or business associates to transact business using electronic signatures or records?
Under the law, electronic signatures must be given the same legal status as a standard signature.
On that date, the new Electronic Signatures in Global and National Commerce Act (ESIGN) took effect.
Learn how to increase placement ratios and reduce sales cycle with electronic signature technology, and why electronic signatures are becoming indispensable for life and property and casualty (P&C) insurers to support their electronic distribution and service channel strategies.
DSI), a developer of mortgage technology for compliant loan document preparation and customer contact management, reports that there has been a marked increase in the number of mortgage lenders seriously exploring electronic signatures in 2006.

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