In a practical translation: Toward the digital market and the paperless world, eIDAS opens the door for end-to-end electronic transactions and processes that replace the traditional activities and manual processes, while keeping the same legal value.
The opportunities for organizations implementing eIDAS trust services are evident: increase the efficiency of the business processes, reduce their operational costs, grow their business, and build a competitive advantage, among others.
The rise and rapid evolution of information and communication technology over the past 20 years have completely transformed the nature of the interactions between citizens, businesses, and public administrations. New digital services and uses have emerged that leverage on these new technologies while responding to customers' needs for mobility, convenience, rapidity in service response time, and multi-channel access to the services. In the banking industry for example, this evolution was reflected by the development of services such as online and mobile banking, along with the rapid adoption of these services by customers.
Inside magazine issue 13, October 2016
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