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Dec. 20, 2017

Electronic Signatures: Implementation Considerations for the Financial Sector (Part Two of Two)

  • Jill Abitbol
    Cybersecurity Law Report
Digital signatures are becoming more prevalent in financial transactions given the volume of documents and number of contracts involved. While e-signatures can offer efficiency, understanding when and how they work in the contracting process and navigating the variety of available technologies remains perplexing to many businesses. In this second installation of our two-part series on electronic signatures, we offer practical advice from lawyers and technical consultants on how to implement a compliant e-signatures program, and how to vet and use vendors that provide these services. In the first part, K&L Gates attorneys discussed the legal landscape for electronic signatures, how an electronic signature differs from a digital signature and the legal risks associated with the adoption of electronic signatures. See also “Overcoming the Challenges and Reaping the Benefits of Multi-Factor Authentication in the Financial Sector (Part One of Two)” (Jul. 26, 2017); Part Two (Aug. 9, 2017).

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