A Liverpool electronic signature specialist has launched a new platform for the United States.
Videosign has created Videosign Notary so that notaries and public title agents in America can witness documents remotely.
In the US, notaries public are appointed to act as impartial witnesses to the signing of legal documents, while title agents are responsible for verifying and certifying property and land ownership.
Both need to comply with ‘Remote Online Notarisation’ (RON) regulations when witnessing and signing documents online.
“[…] we created Videosign Notary to make remote online notarisation more accessible to individuals and more cost-effective for notaries public and title agents,” explained Videosign Chief Executive Steven Tallant.
“Our service offers unprecedented levels of security and confidence for anyone using electronic signatures, and this new platform combines these features with a low monthly cost allowing the notaries more flexibility and control over how they meet their clients remotely, and how they bill for their work.”
Videosign Notary’s browser-based online meeting platform can record video and other evidence like IP addresses and timestamps during the remote notarisation process.
Its AI-powered facial recognition software compares an individual with their passport or driving licence photo to confirm their identity.
Tamper-proof electronic signatures can then be made, witnessed by everyone in the meeting and backed up with video and metadata evidence.
“Videosign completely streamlines the RON process in one simple to use tool,” said Ridge Bartle of Florida-based Vision Land Service.
“It’s allowed us to close on titles quickly, efficiently and fully remotely.”
The company recently secured £1.15m investment from Moonstone Group, which provides a portfolio of compliance, education and fintech solutions to the financial services market in South Africa.
