Santander Leasing in Poland introduces the possibility of concluding leasing contracts using a biometric signature, i.e. a handwritten signature placed on an electronic device with a stylus. This is another important step towards digitizing business processes and implementing the paperless strategy. The solution was based on the SignaturiX solution by Xtension provided by Asseco Data Systems.
“The present times have mobilized companies to a much greater interest in innovations and invest in modern technological solutions. This time is also the perfect time to say “I check” in terms of companies’ adaptation to new technological challenges, and technological investments have now become an important factor for the maintenance or development of the business. We are introducing a biometric signature to further simplify the way of concluding a contract. Today, the customer will be able to sign it with a stylus on the monitor screen, and the set of documents will be provided in electronic form. This solution meets the legal requirements for handwritten signing of documents by a specific person, ensuring maximum data security and integrity of the biometric signature with the documents it covers” – emphasizes Mariusz Włodarczyk, Managing Director of Santander Leasing.
“The introduced solution also has a significant impact on the environment. Every year, as part of leasing operations, we generate over 40,000 contracts, which in turn causes the use of over half a million sheets. To produce this amount of paper, you need at least 50 trees. The implemented implementation naturally translates into activities in the field of paperless” – he adds.
The digitization of companies has long since become a necessity. This trend will intensify as the EU economies will soon face a significant technological acceleration, for example with the goal of zero emissions and an even greater focus on the green economy. Meanwhile, the state of digitization of the Polish economy still does not keep up with the European trend, which is presented in detail in the report from the Digi Index study commissioned by Siemens. The overall digitization index was 1.8 points. on a four-point scale. A score below 2 points. demonstrates the need for urgent changes in the field of digitization of enterprises.
“Despite the emerging doubts, resulting mainly from stereotypes rooted in the tradition, a signature in the form of a handwritten graphic symbol, made and preserved in electronic technology, cannot be denied the status of a handwritten signature in the legal sense under the applicable regulations. Of course, if it fulfills all the functions of a signature, which in the legal doctrine are considered sufficient, that a handwritten graphic symbol constitutes a signature and together with the content related to it constitute a document that meets the requirements of a written form within the meaning of the Civil Code” – says Artur Miękina, Project Sales Director Key from Asseco Data Systems.
A biometric signature, i.e. BioPodpis is an ideal solution that meets all the requirements of a handwritten signature. First of all, it eliminates the use of paper and speeds up the process of concluding a contract and its implementation by entrepreneurs implementing their investments. The biometric signature differs from the traditional (paper) form of preparing a document in that the piece of paper is changed to the screen of the Santander Leasing representative’s monitor and the pen to a special stylus. Importantly, the implemented system analyzes and stores the biometric data of the person who signs – the pressure and speed of signing, among others, are measured, which eliminates the risk of possible fraud.
Source: Press release by Santander Leasing from February 9, 2022