- eSignature Guarantee’s platform provides an easy online method for securities holders to receive medallion signature guarantee stamps for securities transfer
- eSignature Guarantee focuses on identity verification and fraud protection
- eSignature Guarantee is the only medallion stamp provider that permits identity verification online
eSignature Guarantee is an innovative, patent-pending online platform founded by Seth Farbman, Yoel Goldfeder and Moshe Joshua. This online platform enables stockholders to obtain a signature guarantee for the transfer of securities. In addition, the platform offers the ability to sign documents with a digital signature and upload them to eSignature.
A signature guarantee is a type of authentication provided by financial institutions. This is to prevent fraud, hasten the legal transfer of securities and protect transfer agents from the legal consequences of a fraudulent signature. Essentially, a signature guarantee authenticates the signature of a person making a request to transfer physical certificates of financial instruments such as securities.
Of note is that eSignature Guarantee is the only medallion stamp provider that permits the verification of identity online. The company’s emphasis is on identity verification and fraud protection. Its platform is a combination of state-of-the-art technology with an advanced intelligence identification verification system, so individuals can prove who they are.
eSignature Guarantee offers an easy, seamless process. The first step is identity confirmation. A user simply creates an account, then proceeds with the verification process. This involves providing his or her name, address, mobile phone number, social security number and birth date to verify identity. Confirmation codes are subsequently sent to the user’s email and mobile phone, and these codes are then entered into the correct field on screen.
Upon mobile number and email address confirmation, eSignature Guarantee’s advanced intelligence engine asks a series of multiple choice questions known only to the individual. Passing the dual-verification process and having the user’s identity verified is contingent on answering the questions correctly. This stringent security process protects the individual from identity theft.
The second step in the process involves providing securities details (ownership type, type of security, etc.). Information is taken regarding the specific securities that require stamps. The individual provides supporting documentation (stock power agreements or statement of ownership), selects a shipping method and pays for the service.
eSignature Guarantee makes the process as convenient as possible via varied options. Users can upload the documents, ship them to eSignature’s offices or use a combination of the two. If uploading documents, individuals can use the company’s digital signature tools.
The checkout page is the third step in the process, after all transaction information has been entered. A confirmation code is sent to the user’s mobile phone. This code is required before entering credit card payment information. As simple as that, the transaction is complete and eSignature Guarantee will stamp and ship the securities certificates upon receiving all the supporting information.
Regarding its electronic signature offering, eSignature Guarantee works with industry leader HelloSign to provide the highest level of comfort, technology and security. Moreover, it also provides an audit trail. Of great benefit is that all HelloSign fees are covered by eSignature.
eSignature Guarantee concentrates on making the transfer of securities an uncomplicated and efficient process. Its expert staff takes users step-by-step through the identification process and diligently reviews files to expedite transfers. eSignature’s platform melds compliance and technology in tandem with an exceptional level of client service to make obtaining a medallion stamp hassle-free.
For more information, visit the company’s website at www.eSignatureGuarantee.com
