FB pixel

Entrust buys e-signature, biometric ID verification company Evidos

Entrust buys e-signature, biometric ID verification company Evidos
 

Entrust has bought electronic signature and digital identity verification service provider Evidos in a bid for more market share. Terms of the agreement were not disclosed.

Netherlands-based Evidos performs digital signature authentication and online verification of passports, driver licences and ID cards with a selfie. Besides biometrics and signature verification, the firm also sells public key infrastructure, hardware security modules, digital certificates, signing servers and time-stamp authority.

The acquisition will merge Entrust’s certificate-based digital signature software with Evidos’ cloud-based signature workflow software and face biometric verification. Evidos’ 35 employees will join Entrust, a press release says.

“Evidos has a talented team that has built successful solutions for small businesses to large enterprise and government customers,” says Todd Wilkinson, CEO of Entrust.

Entrust’s senior vice president of certificate solutions, Sam Morcos, says the acquisition will, “enhance its electronic signature and digital signing capabilities to provide the most seamless customer experience and the highest levels of security and compliance as businesses migrate to digital workflows.”

The enhanced capabilities include an end-to-end workflow for digital signatures, from biometric binding through securing e-signed documents, in alignment with eIDAS regulation, according to the announcement.

It is the latest digital identity buyout for Entrust. In 2021 it went on an acquisition spree, including the purchase of WorldReach Software.

Entrust also revealed the launch of its Cybersecurity Institute, an online resource for IT and business leaders. It will offer cybersecurity training for patching vulnerabilities, informing boards and adopting cyber resiliency stances.

It will have short explainer videos about cybersecurity, a monthly podcast and a newsletter about the latest in cybersecurity.

“Cybersecurity is about more than playing defense,” says Karen Kaukol, chief marketer for Entrust. “The stakes couldn’t be higher. So, we’ve assembled a team of experts to provide great advice and insight, but also to facilitate connections and discussion among senior leaders across industries worldwide.”

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

UK gov’t introduces new digital identity verification services bill

The UK government has announced a coming identity verification services bill that will support digital ID products and services from…

 

EES launch postponed to November, EU’s biometric border app may still not be ready

A smartphone app designed to streamline queues for the EU’s upcoming border checks will not be available in time for…

 

US government transitions Veteran’s Affairs, IRS to Login.gov or ID.me

The U.S. Department of Veterans Affairs (VA) says it will implement a more streamlined login process for veterans to access…

 

Data breach raises questions about Fractal ID’s decentralized identity architecture

A data breach at decentralized digital identity verification provider Fractal ID has exposed the ID documents and facial images of…

 

Physical IDs no longer mandatory in Azerbaijan, where 65% use digital identity

Physical and digital IDs have reached parity in Azerbaijan, where the government has announced that identity information provided through the…

 

Recfaces argues biometric data privacy rule carries Olympics security risk

RecFaces is calling for facial recognition technology (FRT) to be used as a key security measure to protect critical infrastructure…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events