Diane Buckley, outlines the development of the e-signature and asks what effect they will have on IFAs and their communications between insurers and clients
e-signatures are key to shaping the way financial services business will be transacted in the future. They have the same legal status as handwritten signatures and so are able to provide the same level of trust as the traditional signature for online transactions. As a result, they are already helping to relieve consumer and business fears of the internet and other new media by providing reassurance that an online transaction is genuine. In addition, as e-signatures may be used to verify and confirm new business transactions or changes to existing ones, it is now possible to streamline th...
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