{"id":17338,"date":"2021-09-06T02:00:00","date_gmt":"2021-09-06T02:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/09\/06\/signitory-anti-fraud-esignature-solution-can-help-businesses-save-time-and-money\/"},"modified":"2021-09-06T02:00:00","modified_gmt":"2021-09-06T02:00:00","slug":"signitory-anti-fraud-esignature-solution-can-help-businesses-save-time-and-money","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/09\/06\/signitory-anti-fraud-esignature-solution-can-help-businesses-save-time-and-money\/","title":{"rendered":"Signitory: Anti-Fraud eSignature Solution Can Help Businesses Save Time and Money"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<ul>\n<li><i>Signitory&#8217;s eSignature solution eliminates cybersecurity and&#13;<br \/>\nfraud concerns by streamlining the whole process into an all-in-one application&#13;<br \/>\nthat records are ledgered on the blockchain.<\/i><\/li>\n<li><i>Businesses can decrease the time spent devising contracts and&#13;<br \/>\ncollecting signatures from days to hours.<\/i><\/li>\n<\/ul>\n<p>KUALA LUMPUR, MALAYSIA &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211; 6 September&#13;<br \/>\n2021 &#8211; Business owners are facing disruption in creating and signing&#13;<br \/>\ncontracts in the pandemic. Generating tamper-proof electronic agreements and&#13;<br \/>\nensuring the authenticity of remote signees can be challenging. This includes&#13;<br \/>\nissues such as identity theft, document fraud, and other digital scams&#13;<br \/>\nsynonymous with sending electronic documents through the internet. Signitory&#8217;s&#13;<br \/>\ntimely launch of its unique eSignature solution addresses all these challenges.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>According to <a href=\"https:\/\/www.pwc.com\/gx\/en\/services\/forensics\/economic-crime-survey.html\">PwC&#8217;s Global Economic&#13;<br \/>\nCrime and Fraud Survey 2020<\/a>, the total cost of these crimes is at an&#13;<br \/>\neye-watering US$42 billion. That&#8217;s money taken straight off companies&#8217; bottom&#13;<br \/>\nline. And 13% of those who had experienced fraud said they had lost US$50&#13;<br \/>\nmillion-plus. The survey lists the common risks as customer fraud, cybercrime,&#13;<br \/>\nand asset misappropriation. Small-Medium Enterprises (SMEs) are subject to&#13;<br \/>\nthese same risks, just like large multinational companies.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Traditionally, the process of creating electronic agreements and&#13;<br \/>\ncollecting signatures is fragmented and subject to multiple issues. Businesses typically&#13;<br \/>\nuse various software or applications to create electronic documents.&#13;<br \/>\nSubsequently, these electronic agreements are sent via unsecured means such as&#13;<br \/>\npublic email services or open chat messenger apps, exposing businesses to cyber&#13;<br \/>\nsecurity risks that compromise company secrets.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Before creating <a href=\"https:\/\/www.signitory.com\/\">Signitory<\/a>, founders KC Lai and Carlo Chung found these&#13;<br \/>\nissues challenging. They were familiar with the amount of documentation&#13;<br \/>\nrequired within Multinational Companies (MNCs) and SMEs. Everything from&#13;<br \/>\nclosing deals to onboarding new employees involved documentation. They wanted a&#13;<br \/>\nway to help businesses to complete documents with ease, accuracy, and security.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Since KC and Carlo have extensive experience creating and transforming&#13;<br \/>\nbusinesses with enterprise and blockchain solutions, they developed Signitory&#13;<br \/>\nto provide entrepreneurs and professionals with a complete frictionless signing&#13;<br \/>\nexperience. To maintain regulatory requirements and contract legitimacy, KC and&#13;<br \/>\nCarlo combined the best of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Blockchain\">Blockchain<\/a>, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Software_as_a_service\">SaaS<\/a> and <a href=\"https:\/\/youtu.be\/EZYJubGjZ8A\">eKYC<\/a> (Electronic Know Your&#13;<br \/>\nCustomer) technologies into Signatory&#8217;s system to make a genuinely unique and&#13;<br \/>\ncompliant solution.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Signitory&#8217;s eSignature solution eliminates cybersecurity and&#13;<br \/>\nfraud concerns by streamlining the whole process into an all-in-one application&#13;<br \/>\nthat records are ledgered on the blockchain. The workflow covers creating,&#13;<br \/>\nediting to verifying, keeping the entire transaction safe.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The company&#8217;s blockchain-based technology safeguards signed&#13;<br \/>\nelectronic documents from being altered. It can further detect if signed&#13;<br \/>\nelectronic records have been tampered with in any way. Additionally,&#13;<br \/>\nSignitory&#8217;s eKYC solution captures live video movements and official&#13;<br \/>\nidentification documents from all signees to ensure accurate identity&#13;<br \/>\nverification before the document is signed.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Now, all businesses can benefit from the convenient solution&#13;<br \/>\nthat KC and Carlo have built. The company has released a comprehensive <a href=\"https:\/\/www.youtube.com\/channel\/UClP0xbPu7Vfu_Pp6ATwXAtQ\">guide<\/a> for eContract&#13;<br \/>\nand eSignature management at an affordable <a href=\"https:\/\/www.signitory.com\/pricing\">price<\/a> for businesses of all sizes. Moreover, Signitory&#8217;s latest&#13;<br \/>\npromotion, the <a href=\"https:\/\/www.signitory.com\/\">Un-Real $2 Deal<\/a> is perfect for&#13;<br \/>\nany entrepreneur or professional who wants to use the eSignature solution to&#13;<br \/>\nsave time and money. To get this offer, please visit <a href=\"https:\/\/www.signitory.com\/\">https:\/\/www.signitory.com<\/a>.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We want to make it as easy as possible for entrepreneurs&#13;<br \/>\nto continue securing deals and building their businesses. This is why we are&#13;<br \/>\noffering the Un-Real $2 Deal, which features massive savings on our Starter&#13;<br \/>\npackage,&#8221; said Victor Yong, Marketing Manager at Signitory.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The eSignature solutions company&#8217;s offer is timely. Generating&#13;<br \/>\npaper-based traditional contracts and getting signatures during the covid era&#13;<br \/>\nis challenging for most organizations. The latest <a href=\"https:\/\/financesonline.com\/25-essential-e-signature-statistics-analysis-of-trends-data-and-market-share\/\">statistics<\/a> show that the&#13;<br \/>\ntime difference in obtaining signed documents between traditional and&#13;<br \/>\ne-Signatures is 5 days vs 37 minutes.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;According to <a href=\"https:\/\/financesonline.com\/25-essential-e-signature-statistics-analysis-of-trends-data-and-market-share\/\">studies<\/a> on eSignature&#13;<br \/>\nsolutions, 78.62% of businesses say eSignature apps helped save money, taking&#13;<br \/>\naccount into material, administration, shipping and subscription costs. There&#13;<br \/>\nwas also an 80% average reduction in turnaround time using eSignature. The data&#13;<br \/>\nis a testament to the effectiveness of eSignatures in the financial and&#13;<br \/>\nbusiness landscape.&#8221; said KC Lai, CEO of Signitory.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Signitory is available on <a href=\"https:\/\/bit.ly\/signitoryapp\">Google&#13;<br \/>\nPlaystore<\/a> at <a href=\"https:\/\/www.signitory.com\/\">https:\/\/www.signitory.com\/<\/a>. Signitory will&#13;<br \/>\nlaunch an Apple App Store version soon.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-09-06\/93549\/signitory-anti-fraud-esignature-solution-can-help-businesses-save-time-and-money\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Signitory&#8217;s eSignature solution eliminates cybersecurity and&#13; fraud concerns by streamlining the whole process into an all-in-one application&#13; that records are ledgered on the blockchain. Businesses can decrease the time spent devising contracts and&#13; collecting signatures from days to hours. KUALA LUMPUR, MALAYSIA &#8211;\u00a0Media OutReach\u00a0&#8211; 6 September&#13; 2021 &#8211; Business owners are facing disruption in creating &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17338"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=17338"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17338\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=17338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=17338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=17338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}