The European Commission (EC) is launching a new public consultation on the use of electronic signatures and identification to help promote digital commerce across Europe, a move which could help increase the take-up of online banking and financial services .
The EC has identified the lack of verification of signatures as restraining the growth of online commerce, and hopes the consultation will help focus attention on its current eSignature Directive and ongoing work on a scheme for the mutual recognition of electronic identification and authentication.
The consultation, which runs up to April 15, is also seeking feedback on issues such as both individuals' and businesses' expectations of EU rules on electronic signatures, identification and authentication, how e-signatures can be best tailored to meet technological problems, the introduction of a common set of principles for guiding the mutual recognition of e-identification and e-authentication, and whether research and innovation can benefit new types of e-authentication.
Neelie Kroes, vice president of digital agenda at the EC, commented "I welcome everybody's views on how we can best verify people's identities and signatures when we buy, sell or undertake administrative procedures online that need to be highly secure."
She added "I want to help all Europeans get online without feeling that they will fall victim to data frauds or scams ."
Consultation on e-signatures affects online banking
Financial Services > e-banking > Banking news
Consultation on e-signatures affects online banking
Thu, 24 Feb 2011
Recommended links
E-Banking ProvidersInternet Banking Guide
Advantages of banking online
Online Banking Security
Questions to ask a new bank
Free E-Banking Review Enquiry
Savings Accounts
Mobile banking to be more popular than online banking, suggests study
New code on online banking ads should bring clarity
Online banking report shows consumer searches
Problems remain with fast payments in online banking
Online banking still ignored by millions, according to report
MBNA offers customers free McAfee Online Banking Security suite
MBNA launches new online banking service
UK consumers will abandon online banking services if security falters
Online banking security is failing, says report
Significant reduction in online banking fraud reported
Elderly not getting best online banking deals
Santander to offer complimentary security for online banking
Consumers Happy With Online Banking
Online Banking Fraud Rises
Internet users set online banking record
| Banking news |
|---|
| Banks failing on online fraud says MPs report - Tue, 05 Apr 2011 |
| Lloyds TSB is to change the interest rates on its Vantage current account - Thu, 31 Mar 2011 |
| Contactless debit cards from Lloyds TSB - Tue, 29 Mar 2011 |
| More News |
Simplyhealth Dental Plan
Affordable cover from only £7.50 per month. Join now and get first month FREE
Amex Cash Back
Credit Card
Credit Card
Get 5% cash back on purchases with Amex
Income Protection Insurance
Get an instant quote with the award winning company