eIDAS outlines the various types of electronic signatures: simple, advanced, and qualified (QES), with the latter being equivalent to a handwritten signature. TrustCloud offers an advanced solution for the implementation of QES.
The eIDAS Regulation is a European Union legal framework that establishes standards for secure electronic identification and trust services in electronic transactions.
Financial institutions need a secure identity verification system that guarantees the identity of the person on the other side of their smartphone making a transaction.