ESign Genie adds fraud detection to its digital signature software
New identity verification solution mandates Social Security number for signing digital forms
ESign Genie has announced that its digital signature platform now supports knowledge-based authentication (KBA).
Developed in collaboration with LexisNexis Risk Solutions, the new solution improves the security of sensitive, private, or protected documents by mandating a Social Security number.
“Dynamic security is at the forefront of eSign Genie's electronic signature technology. Providing essential security options, such as KBA, was a feature that the software company felt was an important step in its continued development and improvement of safe, reliable, and secure eSigning software. eSign Genie has developed this fraud prevention solution using industry-leading LexisNexis Risk Solutions that authenticate signers using an automated, query-based identity verification system,” explained eSign Genie.
Notably, eSign Genie helps businesses create reusable document templates they can fill out and have different recipients sign as needed. Forms can be embedded on websites, applications, or sent via email. Enterprises also may enable email authentication for signing online forms.
KBA by eSign Genie adds an extra layer of security by authenticating document recipients’ identities before issuing viewing or editing rights. The feature is exclusive to eSign Genie’s Enterprise Plan subscribers.
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"We are excited to release our new KBA security feature as it further enables our Enterprise Plan users to stay compliant by utilizing all forms of identity checks while also maintaining signature certificate authentications and obtaining eSignatures on important digital documents," said Mahender Bist, founder and CEO of eSign Genie.
Bist added, "We understand that security and compliance are of utmost importance to our clients. We strive to provide security and fraud prevention improvements to meet the KYC compliance, such as the new KBA feature, so that we may continue to supply the highest level of safe and secure electronic signature technology available."
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