STOCK TITAN

DocuSign bolsters Agreement Cloud with new Remote Online Notarization solution

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

DocuSign (NASDAQ:DOCU) introduces DocuSign Notary, a remote online notarization solution, enhancing the agreement process for organizations. This service allows notarization via secure audio-visual sessions, increasing speed and cost-efficiency. Announced at the Momentum conference, DocuSign Notary leverages technology from the acquisition of Liveoak Technologies, ensuring secure identity proofing and a detailed audit trail. Available for US customers in supported states, this innovation strengthens DocuSign's position in the electronic signature market.

Positive
  • Introduction of DocuSign Notary enhances the agreement process.
  • Utilizes secure technology to reduce fraud risk.
  • Increases speed and convenience in notarization transactions.
  • Aligns with the growing trend of the anywhere economy.
  • Available to US customers, expanding service accessibility.
Negative
  • None.

SAN FRANCISCO, March 24, 2021 /PRNewswire/ -- As part of its drive to continue connecting and automating the agreement process, DocuSign (NASDAQ:DOCU) today introduced DocuSign Notary, its remote online notarization (RON) solution designed to enable organizations to notarize agreements virtually.

Today, most notarial transactions still need to take place in person—the inefficiency and inconvenience of which has been increasingly highlighted over the past year by the pandemic. Designed for the emerging anywhere economy, DocuSign Notary makes it possible to notarize agreements via a secure audio-visual session, thereby adding speed, convenience, and cost-efficiency to this essential business function.

Announced at Momentum, DocuSign's annual customer and partner conference, Notary is built on the company's flagship eSignature solution and utilizes capabilities added from the acquisition of Liveoak Technologies last year. It uses secure identity-proofing technologies to reduce the risk of fraud and provides a detailed audit trail, including a tamper-evident Certificate of Completion and recorded sessions.

"DocuSign Notary is a natural extension of our leadership in the electronic signature space," said Tom Casey, SVP, Engineering, DocuSign. "It's another step in our vision of DocuSign being the best way to agree to anything, anywhere."

DocuSign Notary enables real-time remote collaboration between notaries public and signers. All parties can use it from their web browsers, without the need for additional apps, downloads or plugins. In addition, for those looking to automate repeatable notarization-specific tasks, the Notary API can be used in conjunction with DocuSign's eSignature API.

DocuSign Notary is available today for US-based customers who either employ or contract with notaries public seated in supported states. For more information about DocuSign Notary and the DocuSign Agreement Cloud please visit www.docusign.com.

About DocuSign
DocuSign helps organizations connect and automate how they prepare, sign, act on, and manage agreements. As part of the DocuSign Agreement Cloud, DocuSign offers eSignature, the world's #1 way to sign electronically on practically any device, from almost anywhere, at any time. Today, more than 750,000 customers and hundreds of millions of users in over 180 countries use the DocuSign Agreement Cloud to accelerate the process of doing business and to simplify people's lives.

For more information, visit www.docusign.com, call +1-877-720-2040.

Media Relations:
Adrian Wainwright
Head of Communications
media@docusign.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/docusign-bolsters-agreement-cloud-with-new-remote-online-notarization-solution-301255132.html

SOURCE DocuSign, Inc.

FAQ

What is DocuSign Notary?

DocuSign Notary is a remote online notarization solution allowing notarization through secure audio-visual sessions.

When was DocuSign Notary announced?

DocuSign Notary was announced on March 24, 2021, during the Momentum conference.

Who can use DocuSign Notary?

DocuSign Notary is available for US-based customers employing or contracting with notaries public in supported states.

How does DocuSign Notary enhance security?

DocuSign Notary uses secure identity-proofing technologies to reduce fraud risk and provides a detailed audit trail.

What impact does DocuSign Notary have on the agreement process?

It streamlines the notarization process, making it faster, more convenient, and cost-effective.

DocuSign, Inc.

NASDAQ:DOCU

DOCU Rankings

DOCU Latest News

DOCU Stock Data

19.16B
199.83M
1.01%
82.5%
6.69%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO