Web Signing is a future feature to be linked to propel-lc Web Signing is a system that allows documents to be signed electronically via the web. It allows an “electronic signature” (i.e. a copy of the client’s “wet signature” as handwritten) as well as a “digital signature” (i.e. a digital certificate allocated to the signer) to be added to a document which is then locked down and stored in a tamper proof manner. overview Web Signing will allow any document to be reviewed and signed through an encrypted web site. No special software to upload or equipment to install. When used in conjunction with an appropriate ID verification process, it fully complies with requirements of the Electronic Transactions Act 2002.   how it works The identity of each signatory must first be verified – this may be by the Lawyer or by a “trusted person” at the same time the LINZ Client A & I form is signed. The signatory: receives a web signing Welcome Package to help set up secure online access. is notified when documents are ready. downloads, reviews and approves (digitally signs) the documents. security features Stores and Locks signed documents electronically. Borrower authentication uses multi-factor authentication to confirm identity. Verisign Digital ID attached to documents by verified Borrower. Hashing algorithm used to verify document content and prevent alterations. Document Audit Trail for every document interaction. Web Signing uses SSL security protocol to validate the authenticity of servers and protect data communication. benefits Potential for same day signings. propel-lc link will provide access for Lawyers. Easy and convenient for clients to use. Only requires internet access and Adobe Acrobat Reader. Signatory can: Access Web Signing from anywhere, anytime. Receive and review documents in the convenience of their home. Obtain advice from their Lawyer, in person or by phone, after reading the documents. Then sign - either at the Lawyer’s office or at home borrowers can Receive and review the loan documents in the convenience of their home. Obtain advice from their Lawyer, in person or by phone, after reading the documents. Then sign - either at the Lawyer’s office or at home.