March 9, 2006 Verification solutions provider 3PV has launched an electronic signature called AssureSign that permits anyone with a computer to sign one or more documents securely over the Internet in a matter of minutes using their mouse. No special equipment or software is needed, and the signature is legally binding.
3PV has developed a patented process that, among other security features, adds both a serial number and a watermark to the signature and then encrypts all elements together with the document. The sequence, which is seamless and immediate, yields the only service-based, electronic, hand-written signature on the market today.
"Even more important than the efficiency of our AssureSign process is the integrity of the signature," said 3PV's CEO David Brinkman. "We can match the signature for authentication in much the same way as a traditional signature. Our proven encryption process ensures the utmost protection while eliminating time-consuming copying, faxing and mailing."
Companies that wish to utilize the new product will find it very natural and easy to use. They simply send the documents to be signed, along with the contact information for their customers, to 3PV's dedicated, secure AssureSign web site. 3PV sends each customer a secure e-mail that takes them to the AssureSign page where the document is housed. The customer is provided with easy-to-follow directions for how to sign the document simply using a mouse. Once the customer submits the signed document, 3PV employs its patented process, stores the encrypted document electronically, and makes it accessible to both the company and its customer.
AssureSign permits companies to obtain signatures anywhere in the world in a matter of minutes, according to Brinkman. He sees the product as a perfect fit for the telecommunications industry; law firms; the medical profession; realtors, mortgage brokers and real estate developers; and other businesses that require signatures on documents or agreements. In particular, AssureSign is Fannie Mae compliant in that it exceeds all of that company's rules for electronic signatures, including stringent requirements regarding security and storage of the information.
An online demonstration of the product can be seen here.