DocuSign Utilizes AI Technology for its Latest Identity Verification Tool

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Leading eSign firm DocuSign has unveiled a powerful new identity verification (IDV) tool, powered by AI, for the UK and EU markets. The tool, dubbed ID Verification for EU Qualified, allows for the remote verification of an individual’s identity without having to utilize any video conferencing software or in-person checks – this, in turn, significantly speeds up the process.

According to DocuSign, the feature can be used to verify numerous documents ranging from finance loan agreements to housing witnessing agreements, prescription and claim forms in healthcare, and employment contracts. Furthermore, the firm avers that the tool meets the stringent identity verification requirements described by the European Standards Organisation (ESO) ETSI and other Europe-based cyber security agencies like ANSSI in France.

Interestingly, users can also employ the tool on their mobile devices, with a user interface designed specifically for smaller screens. Moreover, to protect against fraud and identity theft, the tool is equipped with liveness detection and selfie comparison capabilities. A digital certificate also accompanies every signature, and the verification status of the same is stored in an eSignature Certificate of Completion which can be used for audit trials,

Speaking on the launch, Allan Thygesen, Chief Executive Officer at DocuSign, said, “Europe continues to be a key priority for DocuSign, and the launch of IDV for EU Qualified as a homegrown European solution is yet another sign of our strong commitment to the region. Trust, security and simplicity are the cornerstones of everything we do, and this latest IDV offering is a perfect example of how we bring these principles to life for our customers.”

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DocuSign is an American company that provides electronic document workflow software. It enables organizations and individuals to sign, send, track and store digitaldocuments. Founded in 2003 by Court Lorenzini and Tom Gonser as an alternative to paper-based agreements, DocuSign offers a full electronic signature solution that businesses and individuals can use to quickly and securely sign digital documents. It also provides end-to-end eSignature solutions and services to streamline any agreement, including legal contracts, mortgages, integrated forms, workflows, and more.

Allan Thygesen is the Chief Executive Officer of DocuSign. He was appointed as CEO of DocuSign in February 2020. Prior to taking up the role, he was the Head of Global Sales for the company. He first joined DocuSign in 2008, as Vice President of Asia Pacific Sales, and then served as Senior Vice President of Global Sales Solutions. Throughout his time at DocuSign, he has built up a wealth of expertise in the eSignature trade and has held numerous other senior-level posts.

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