OneSpan Launches Virtual Room Enabling Secure Face-to-Face Transactions
OneSpan (NASDAQ: OSPN) has launched its Virtual Room, a secure cloud service designed for high-assurance customer engagement. This solution combines identity security with e-signature capabilities, enabling organizations to conduct live, personalized interactions while enhancing security and reducing fraud risks. The Virtual Room aims to improve agreement completion rates in a secure environment, addressing the need for high compliance and verification in digital transactions. With the rise of remote interactions, this innovative tool positions OneSpan prominently in the digital agreement market.
- Launch of Virtual Room enhances customer engagement with high-assurance security features.
- Increases agreement completion rates through live, personalized interactions.
- Addresses the growing demand for secure digital transactions and compliance.
- None.
Purpose-built, high-assurance solution blends the simplicity of a consumer video collaboration app with bank-grade identity and authentication security
“Today, businesses requiring a high degree of security and regulatory compliance rely daily on a variety of technologies that use insecure, shared links and expose users to elevated risks including data breaches and compliance violations in the anywhere economy. This should not be the case. Organizations and their customers want to be confident that the person joining a virtual meeting is the person they claim to be. And multi-million dollar business agreements transacted digitally should not be subject to fraud fallout,” said
Combining OneSpan’s heritage in high-assurance identity verification and authentication with agreement co-browsing, web-enabled videoconferencing, rich collaboration features, and built-in e-signature,
- Verify the identities of participants, utilizing OneSpan’s identity verification and mobile and hardware authentication solutions;
- Interact with signers remotely;
- Simultaneously review documents and address questions;
- Capture legally binding e-signatures in real-time; and
- Record virtual sessions to reinforce the electronic evidence captured in the audit trails.
A recent report from Aragon highlighted the need for higher assurance within these processes. “It’s important for buyers to look for a provider that has global security compliance expertise in all aspects of the workflow, from the initial identity verification and authentication steps, to creating a secure virtual interaction environment and all the way through to securing the final output or artifact of the transaction, for compliance and enforceability purposes. Equally important, buyers should look for a vendor that has the flexibility to adapt any step in the digital workflow to meet local regulations for digital identity, secure customer authentication, transaction risk analysis, and the many other security requirements, which differ from one country to the next.”
As a secure solution for customer-facing digital agreements where the integrity of the agreement is paramount, Virtual Room allows organizations to embrace a new way of working that’s more distributed, virtual, and dynamic, enabled by advancements in cloud technology. With the onset of the anywhere economy, and with more transactions being completed online, identity verification and authentication technologies are critical in the digital agreements process. This purpose-built, high-assurance digital agreement solution includes identification and authentication capabilities that enable organizations to increase the integrity and completion rates of agreements and transactions in a highly-secure and protected ecosystem without impacting user experience or productivity.
For more information on
About
For more information, go to www.onespan.com. You can also follow @OneSpan on Twitter or visit us on LinkedIn and Facebook.
Copyright© 2022 OneSpan North America Inc., all rights reserved. OneSpan™ is a registered or unregistered trademark of
View source version on businesswire.com: https://www.businesswire.com/news/home/20220915005309/en/
Media Contact
Senior PR Manager
+1-401-219-2131
nicole.bosgraaf@onespan.com
Investor Contact
Vice President of Investor Relations
+1-312-766-4009
joe.maxa@onespan.com
Source:
FAQ
What is the OneSpan Virtual Room and its purpose?
How does the Virtual Room improve transaction security for OneSpan?
What are the key features of the Virtual Room from OneSpan?
When was the OneSpan Virtual Room announced?