FB pixel

Notarize launches Proof to bind digital signatures to ID with Persona biometrics

Notarize launches Proof to bind digital signatures to ID with Persona biometrics
 

Online real estate service provider Notarize is introducing a platform for digital signatures compliant with the NIST IAL2 remote identity proofing standard under a new brand.

The company has now launched Proof as an identity-assured transaction management platform, with identity binding through Persona’s selfie biometrics.

A blog post introducing Proof claims benefits including smart execution of transactions in line with laws, regulatory requirements, and company policies, along with collected evidence that the company says will hold up in court of who has completed the transaction. The platform also provides fraud prevention capabilities, with auditing and certification to the highest degree of identity protection, according to the post.

Proof says it is now in the process of earning IAL2 certification from the Kantara Initiative.

“Every time you sign on the dotted line, we should be constantly evaluating: ‘is this really you?’,” Notarize and Proof Founder Pat Kinsel writes. “And your identity should be bound to the data with the highest level of cryptography so your signature can’t be forged or tampered with.”

Proof binds each user’s identity to their digital signature with identity proofing based on an upload of an ID document and a selfie biometric check, as depicted on the company’s website. Persona is identified as Proof’s biometrics partner in its privacy policy. If the biometric check is not successful, Proof connects the customer with an agent, who acts as a “trusted referee.” The company says the Notarize Network enables face-to-face confirmation within seconds.

This binds identity to digital signatures at the level of IAL2, Proof says.

Notarize says in its own blog post that it has secured over $185 billion in real estate deals, while helping companies save more than 15,000 hours per years and $110 per transaction.

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News

 

Biometrics demand and economic benefits look steady as turbulence threatens

Biometrics budgets for businesses and governments around the world are getting a second look as reflected in several top stories…

 

Sweden issues RFI for new ABIS, Moldova issues biometric hardware tender

Sweden is considering purchasing a new biometric system that will help the country collect fingerprints and facial images of asylum…

 

Email service Kivra acquires digital ID firm Truid

Nordic email service Kivra, which handles official communication between citizens, companies and government agencies, has taken a step towards developing…

 

Identity verification, fraud prevention benefit from boom in real-time payments

On a classic episode of The Simpsons, when Homer is shown a deep fryer that can “flash fry a buffalo…

 

Rise of digital wallets integrating payments and digital identities across Asia

Digital wallets have grown from innovation to an essential financial instrument, easily integrating into billions of people’s daily activities. By…

 

Facephi touts ‘exceptional results’ on RIVTD face liveness detection test

Facephi is celebrating an “outstanding score” in the Remote Identity Validation Technology Demonstration (RIVTD) Track 3 test for Face Liveness…

Comments

Leave a Reply

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

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events