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Signority has its headquarters in Ottawa, Ontario, Canada. It was incorporated as a federal and a provincial (Ontario) corporation on November 19, 2010 by two Canadian entrepreneurs: Jane He and Qingbo Jin. At inception, the company name was EPEink (Electronic Pen/Paper Electronic Ink) and the product name was GreenSignatures. [3]
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An electronic signature, or e-signature, is data that is logically associated with other data and which is used by the signatory to sign the associated data. [1] [2] [3] This type of signature has the same legal standing as a handwritten signature as long as it adheres to the requirements of the specific regulation under which it was created (e.g., eIDAS in the European Union, NIST-DSS in the ...
In 2014, the company acquired Risk IDS, Ltd., a provider of risk-based authentication solutions to the global banking community. By 2015, IDENTIKEY Risk Manager (IRM) was released as a comprehensive risk management solution to improve the methods and speed of organizations to detect fraud.
The qualified trust service provider has a crucial role in the process of qualified electronic signing. A trust service provider must receive qualified status from a supervisory governmental body that allows the entity to provide qualified trust services to be used in creating qualified electronic signatures.
Docusign began referring to its service as “eSignature Transaction Management”. By the end of 2010, the company had handled 73 percent of the SaaS-based electronic signature market, with 80 million signatures processed. [17] Scale Venture Partners led an investment round of $27 million in December 2010. [18]