‘Digital acceptance’ the next step in online banking, says Australian tech firm

The OneSpan Innovation Award was presented to Byrnes (right) in 2015. — Nuvola

As more complex banking goes online, there is an emerging need for sophisticated ways to authenticate customers and get their approval to sign-off bank documents.

One possible solution is Digital Acceptance, which provides authentication of the bank customer’s identity and signature, plus ensuring their acceptance is backed by sufficient understanding of the contract being signed.