electronic signatures in global and national commerce act
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Legal protection allowing customers to sign loan documents and open accounts electronically has been in place since passage of the Electronic Signatures in Global and National Commerce Act 10 years ago. But e-signature has become increasingly popular among even the smallest of community banks, as a variety of technologies have taken much of the IT hassle out of the bank. The market for e-signature software is larger, but use of online solutions from software-as-a-service providers is becoming more prevalent, says Gregg Kreizman, research director at the Stamford, CO, market-research company Gartner Inc. Tom Gonser, VP at DocuSign Inc in Seattle, explains how his firm's online solution works: A community bank employee -- "Pat" -- with documents to sign logs onto the bank's DocuSign accou...
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In anticipation of the release of the Uniform Electronic Transactions Act ("UETA"), and in anticipation of a slow transition period while states de...
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Introduction
For a long time, electronic commerce in the United States and worldwide operated in a partial vacuum. While the Internet created an ong...
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