Signer Verification Definition and Examples

Understanding Signer Verification for e-Signing

When it comes to electronic signatures, ensuring that the person who is signing a document is exactly who they claim to be is crucial. This process, known as Signer Verification, is a critical step in maintaining the integrity and legality of e-signed documents.

What is Signer Verification?

Signer Verification involves various methods and technologies to authenticate the identity of a signer before they can sign electronic documents. It ensures that the e-signature comes from the right individual, thereby mitigating risks of fraud and unauthorized access.

How Does Signer Verification Work?

1. Email Verification: The signer must verify their identity via a unique link sent to their email. This ensures that only the intended recipient can access the document.

2. SMS Verification: A text message containing a one-time password (OTP) is sent to the signer’s mobile device. The signer must enter this OTP to proceed with signing the document.

3. Knowledge-Based Authentication (KBA): The signer is asked to answer security questions based on their personal and financial history. This adds an additional layer of security.

4. Government ID Verification: Signers are required to upload a government-issued ID, which is then verified through various methods, ensuring the identity is authentic.

5. Biometric Verification: Methods like fingerprint scanning, facial recognition, or voice recognition can be employed to confirm the signer's identity.

Examples of Signer Verification in Action

Example 1: Financial Services In mortgage processing, strict regulations mandate signer verification to prevent fraudulent activities. A lender might use a combination of email and SMS verification to ensure the borrower is genuinely who they claim to be.

Example 2: Healthcare Industry In healthcare institutions, protecting patient information is paramount. For sensitive documents like patient consent forms, biometric verification can be used to ensure the signer is indeed the patient or an authorized representative.

Why Signer Verification Matters

• Enhanced Security: Protects sensitive information by ensuring only authorized individuals can access and sign documents.
• Fraud Prevention: Reduces the risk of document forgery and fraudulent activities.
• Legal Compliance: Helps meet regulatory requirements for identity verification in various industries.

GoodSign: Simplifying Signer Verification

At GoodSign, we understand the importance of signer verification. Our pay-per-use model, at just $1.50 per envelope, ensures you get top-notch security features without the burden of expensive subscriptions. No hidden costs, no user limitations — all features and integrations you need to ensure your documents are securely signed, verified, and legally binding.

Explore more about GoodSign and how we can simplify your e-signature needs at GoodSign.io.

Secure your documents effectively and affordably with GoodSign, because every signature matters.