{"id":421252,"date":"2020-07-30T14:02:50","date_gmt":"2020-07-30T12:02:50","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=421252"},"modified":"2020-07-30T14:02:50","modified_gmt":"2020-07-30T12:02:50","slug":"capitec-will-soon-allow-you-to-sign-documents-digitally-on-its-banking-app-using-facial-biometrics","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/enterprise\/421252\/capitec-will-soon-allow-you-to-sign-documents-digitally-on-its-banking-app-using-facial-biometrics\/","title":{"rendered":"Capitec will soon allow you to sign documents digitally on its banking app using facial biometrics"},"content":{"rendered":"<p>Banking group Capitec says it has taken the final step in its paperless journey with the introduction of an e-signature capability, by means of a biometric fingerprint.<\/p>\n<p>Capitec claims to be the first South African bank to introduce a legally compliant e-signature, which means it complies with Section 13 of the South African Electronic Communications and Transactions (ECT) Act of 2002, in that:<\/p>\n<ul>\n<li>The electronic signature used is able to identify the signatory;<\/li>\n<li>The signatory is indicating their approval by applying their electronic signature; and<\/li>\n<li>The method of capturing the signature is appropriately reliable under the circumstances under which the document is signed.<\/li>\n<\/ul>\n<p>Wim de Bruyn, executive: business development and technology at Capitec, said: &#8220;We will extend this capability to facial biometrics later this year, allowing our clients to e-sign documents from anywhere, 24\/7 on our banking app.\u201d<\/p>\n<p>Clients will be enrolled for the new e-signature solution as they make use of a Capitec branch.<\/p>\n<p>The benefits of an e-signature capability include client security: A robust electronic identity is established by linking the client\u2019s ID, photo and fingerprints, backed up by a secure, tamper-proof audit trail and the enabling of a multifactor client authentication each time the client interacts with Capitec.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/banking\/412101\/capitec-launches-new-flexible-credit-option-heres-how-it-works\/\" target=\"_blank\" rel=\"noopener noreferrer\">Capitec launches new \u2018flexible\u2019 credit option \u2013 here\u2019s how it works<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking group Capitec says it has taken the final step in its paperless journey with the introduction of an e-signature capability, by means of a biometric fingerprint.<\/p>\n","protected":false},"author":10,"featured_media":307616,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13700],"tags":[26],"class_list":["post-421252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/421252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=421252"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/421252\/revisions"}],"predecessor-version":[{"id":421262,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/421252\/revisions\/421262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/307616"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=421252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=421252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=421252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}