Before giving a signer access to the signing ceremony, it's important to confirm their identity. This has traditionally been done using authentication methods like passwords, knowledge-based authentication, or one-time passcodes sent by email and SMS. However, fraud has become much more sophisticated, and these authentication methods are vulnerable to security threats like phishing, credential stuffing, and SIM swapping.
Financial contracts, mortgages, legal agreements, and other high-value transactions are prime targets for cybercriminals. That's why it's time to revisit signer authentication. OneSpan FIDO passkeys for signers provides a turnkey authentication solution seamlessly integrating into the eSignature process.
Passkeys offer the highest level of security, an improved user experience, and lower costs. In this video, we'll demonstrate how authentication with passkeys works once the signer has registered their passkeys. The signer receives an email with a request to sign a document.
After clicking the link, they follow the on-screen instructions. Since they have already registered their passkeys, they authenticate effortlessly using facial recognition, fingerprint scanning, or a device PIN. Once verified, they can review the documents and sign them.
The signer then receives a package containing the signed agreement and audit trail. OneSpan Sign, seamlessly integrating security into the signing experience.
Learn more about this feature in our blog: Modernizing signer authentication: The case for passkeys
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Modernizing signer authentication: The case for passkeys
Traditional authentication methods involve a user proving they are who they say they are through passwords, security questions, or one-time passcodes sent by SMS or email. While these have long been a cornerstone of digital security, they have an impact on user experience.
Passkeys have a unique advantage. They improve user experience, increase sign-in success rates, and provide a smoother and more intuitive experience.
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