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TB Transaction Signing: Enhance Transaction Security

Elevate transaction security with TB Transaction Signing, ensuring regulatory compliance and non-repudiation.

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What is TB Transaction Signing

Understanding TB Transaction Signing

TB Transaction Signing is designed to enhance transaction security and integrity in compliance with regulatory standards like PSD2 in Europe. By dynamically linking transaction parameters such as amount and beneficiary, TB Transaction Signing ensures transactions are irrefutable and legally binding, contributing to your eIDAS compliance.
By offering users the ability to authenticate and validate transactions with utmost security, TB Transaction Signing delivers a robust mechanism for organizations to fortify their transactional processes and adhere to stringent regulatory requirements, thereby safeguarding both financial integrity and user trust.

BENEFITS

Secure Transaction Assurance

Enhanced Transaction Security

Implement dynamic linking between transactions, amounts and beneficiaries, safeguarding transactions against repudiation and fraudulent activities.

Regulatory Compliance

Stay compliant with stringent regulatory standards such as PSD2 or eIDAS, meeting legal requirements for secure and authenticated financial transactions.

Fraud Prevention

Prevent fraudulent transactions by providing an additional layer of security, reducing the risk of unauthorized access and financial losses.

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TB Transaction Signing powered by TrustBuilder.io

Discover Transaction Signing, as part of TB Authentication Manager in TrustBuilder.io platform, a unique product that changes the game in your Authentication Strategy.

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USE CASES

Scenarios for TB Transaction Signing

Financial Transactions

Enable users to securely authorize financial transactions, ensuring that each of them is verifiable, tamper-proof, and legally binding.

Legal Contracts

Enable electronic signing of legal contracts, ensuring users can verify authenticity and integrity while meeting regulatory standards.

Document Signing

Enable secure digital signing of documents, contracts, or forms, ensuring they are legally binding and unalterable.

Start Securing Your Transactions

Ready to Ensure Regulatory Compliance and Enhance Transaction Security?

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Frequently Asked Questions

What is TB Transaction Signing and how does is work?

TB Transaction Signing is a digital sealing solution integrated into TB Authentication Manager on TrustBuilder.io. It ensures the integrity, authenticity, and non-repudiation of critical transactions and documents by dynamically linking key parameters such as amount, beneficiary, and content. It enables organizations to seal contracts, regulatory documents, and any type of digital exchange, ensuring they remain tamper-proof, legally binding, and compliant with strict regulations such as PSD2 and eIDAS. By implementing TB Transaction Signing, businesses can strengthen the integrity of their digital processes, prevent fraud, and enhance user trust in a seamless and highly secure manner.

What types of transactions can be signed using TB Transaction Signing?

It can be used to sign various types of transactions, including financial transactions, contractual agreements, regulatory compliance documents, and e-commerce transactions. It provides a versatile solution for ensuring the security and integrity of a wide range of transactions.

What is the user experience offered by TB Transaction Signing?

Integrated into TB Authentication Manager, TB Transaction Signing ensures a seamless and frictionless experience with passwordless authentication. Organizations can define which authentication methods are allowed for their users, choosing between the browser token for a deviceless experience, the mobile token via a dedicated app, or the desktop token for PC-based authentication. This approach allows businesses to tailor security to their specific needs while providing simplified access, faster transaction workflows, and a highly secure digital experience.

How does TrustBuilder support eIDAS compliance?

TrustBuilder plays a crucial role in enabling organizations to achieve eIDAS compliance by providing essential components and features:

  1. Multi-Factor Authentication (MFA): TrustBuilder offers a robust MFA solution, enhancing security and user authentication processes.
  2. Transaction Signing: The TB Transaction Signing feature allows for secure sealing of transactions, aligning with eIDAS requirements for electronic seals.
  3. Know Your Customer (KYC): TrustBuilder integrates KYC capabilities, supporting identity verification and user onboarding processes.
  4. Consent Management: TrustBuilder.io provides consent enforcement and lifecycle management, ensuring user privacy and control over personal data.
  5. Identity Federation: TrustBuilder ID facilitates federation of identification and authentication, supporting interoperability across EU member states.
While TrustBuilder itself is not eIDAS compliant, it serves as a vital component in an organization’s eIDAS compliance strategy. By leveraging TrustBuilder’s features, businesses can implement the necessary security measures and identity management processes to meet eIDAS requirements for electronic identification, authentication, and trust services.