OneID® Collaborates with DocuSign to Offer Identity Verification

OneID®, the UK-based identity tech company that makes it easier for people to prove who they are online, has announced it has partnered with DocuSign to provide government-certified identity verification to the company's leading electronic signature solution, eSignature.

Fraud is rapidly increasing around the globe, rising to £1.4bn in 2021 as reported. At the epicentre of this growing problem is identity, with the report stating that nearly 40% of APP-based fraud losses were down to impersonation schemes.

OneID's integration with DocuSign helps tackle this issue, ensuring that when an individual signs a document, their identity is securely verified using the firm's identity verification technology which can authenticate the identity of all online banking users, equating to over 40 million UK citizens. Crucially, its technology reduces friction by removing the need to build in additional checks and enabling people to prove who they are with a few clicks and within a few seconds.

Martin Wilson, CEO of OneID®, commented: "Trust is at the core of OneID® and the firm has initiated programmes addressing the issues of purchasing restricted goods by underage buyers, reducing fraud, and preventing social media abuse. Now, alongside DocuSign, we are proud to be enhancing safety measures for eSignatures on important documentation to protect consumers and businesses from impersonation fraud and scams."