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Verification
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How Truid helps Zigned provide global e-signatures
Zigned now provides global advanced electronic signatures (AES) by integrating Truid. This allows users from any country to generate secure digital IDs, overcoming previous limitations for international users and enhancing document signing security.
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The Challenge
For companies that require advanced electronic signatures, ensuring all parties - regardless of nationality - can participate securely and efficiently is crucial. In Sweden, BankID provides a convenient solution for Swedish nationals to create AES. However, foreigners are not eligible for a Swedish BankID, creating a gap in the service for international signers.
"We need to offer signatures with a higher security level than Simple Electronic Signatures, with verified legal identities of the signatories. Truid can solve that," explains Ludvig Edström, founder of Zigned.
The Solution: Truid’s global digital identity verification
To bridge this gap, Zigned integrated Truid’s digital identity verification solution into their platform. Truid enables users from around the world to perform identity verification using a passport, ID card, or driver’s license, covering 243 nationalities and over 6,500 ID documents.
This capability mirrors the security level of the Swedish BankID, allowing international users to create a secure advanced electronic signature (AES).
By leveraging Truid, Zigned can ensure that every signer’s identity is verified at a substantial assurance level, providing a secure and reliable signing process for both domestic and international users. This integration aligns perfectly with Zigned’s goal of offering high-security digital signatures across all markets.
Key features of Truid's solution
Secure Verification
Truid employs cutting-edge technology to authenticate students' identities, ensuring that only legitimate applicants are approved.
User-Friendly Interface
The platform is designed to be intuitive, allowing students to complete the verification process quickly and easily from anywhere in the world.
Compliance and Privacy
Truid adheres to the highest standards of data protection and privacy, ensuring that students' personal information is handled securely.
Scalability
With the ability to handle high transaction volumes, Truid's solution seamlessly supports the annual influx of 2000 student applications.
Enhanced security and global reach
Since integrating Truid, Zigned has been able to extend its services globally, offering AES to users of all nationalities. This capability has significantly expanded Zigned’s market reach and enhanced its product offering, as Ludvig Edström highlights:
"We can reach all markets with Truid! Being able to offer advanced electronic signatures to all nationalities supports our product-led growth strategy."
The user experience (UX) of Truid’s identity verification process has also been a key factor in its success. The intuitive interface and efficient process help to ensure a high conversion rate, making it easy for users to complete their digital identity verification and proceed with signing:
"The IDV process for the user has very good UX and opts for fast conversion," says Edström.
Implementation and Results
Implementation
Integrating Truid into Zigned’s e-signature platform was straightforward and aligned seamlessly with Zigned’s existing infrastructure. Truid’s transaction-based pricing model matched Zigned’s business model, allowing for cost-efficient scaling as demand grows.
The global coverage of Truid’s solution, which supports 243 nationalities and over 6,500 ID documents, enabled Zigned to provide AES to a diverse international user base without any major implementation hurdles.
Results
With Truid’s identity verification solution, Zigned has successfully enhanced the security level of its e-signature service, enabling the platform to support AES for international users.
This capability has reduced the friction for companies requiring high-security signatures in a global context, leading to broader adoption and increased trust among Zigned’s customers. The result is a secure, user-friendly e-signature process that meets the needs of a global market.
Benefits achieved
Global Coverage for Advanced Electronic Signatures
With Truid, Zigned can offer AES to users from 243 nationalities, supporting over 6,500 different ID documents. This global reach allows Zigned to meet the needs of international clients and expand into new markets.
High-Security Digital Signatures
Truid’s solution mirrors the security level of Swedish BankID, enabling Zigned to provide secure AES with verified legal identities, significantly reducing the risk of fraud and ensuring compliance with legal standards.
Cost-Efficient and Scalable Pricing Model
The transaction-based pricing of Truid aligns with Zigned’s business model, allowing the platform to scale efficiently as its user base grows, without incurring significant upfront costs.
User-Friendly Experience and High Conversion Rates
Truid’s digital identity verification process offers a seamless user experience, contributing to high conversion rates. This ease of use ensures that users can quickly and effectively verify their identities and proceed with signing documents.
Conclusion
By integrating Truid’s digital identity verification solution, Zigned has enhanced its ability to offer advanced electronic signatures to a global audience. The partnership with Truid enables Zigned to provide a high-security, user-friendly signing experience that meets the needs of international users and supports its growth strategy.
With global coverage, robust security measures, and a cost-efficient pricing model, Truid has become an integral part of Zigned’s offering, helping the platform deliver reliable and secure digital signatures to customers worldwide.
For more information about Truid's identity verification solutions, read more at:
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