The name says it all, Videosign, allowing businesses to seal online contracts through video and virtual meeting rooms.
Most people will be familiar with supplying a digital signature in everyday life, whether it’s for a house rental contract or hiring a car, but until now there was no legal evidence to ensure the true identity behind the signature, which is where Videosign comes in.
Headquarted in Liverpool, Videosign was established shortly before the pandemic when Covid-19 enforced the ‘new normal’ of remote working. Its research showed office workers can use up to 20 different software products to manage daily tasks, and with many contract signings delayed due to lockdowns, increased cyber-crime, and data breaches, Videosign just wanted to simplify remote working to support businesses throughout the pandemic and beyond.
Seamlessly combining video conferencing, eSignatures, certified digital document collaboration and biometric remote identity verification into one simple, cloud-based meeting room – directly in the browser, with no complicated downloads or installation required. Videosign enables users to remotely engage with clients face-to-face, with robust compliance features to help conclude more business and offer a better customer experience.
Born and bred in Liverpool, CEO Steven Tallant has always had an interest in computer security, graduating from Liverpool John Moores University with a first class degree in computer forensics. So to win the Innovation and Technology Award in the city was an added bonus, as Steven explained: “Simplicity and security is at the core of the design, we are over the moon to win the award, and the recognition for innovation is really important to us.
“We’re a young company with big ideas. Our challenge is that lot of people are out there looking for what we offer but they don’t know it exists in this form. It’s a unique product, it challenges the status quo and improves processes for businesses, particularly with the financial and legal services where there’s a lot of regulation and compliance.”
Working across different markets, its main two industries are split across the pond, being a popular system for wealth management in the UK and used for online authorisations during real estate title closing in the US (where buyers, sellers, lawyers and a notary come together).
The next big step for the company is to expand its already global client base, as Steven explained: “From individual users to large corporate clients, we are multimarket and our product can be used in a lot of different ways, we’ve got customers across all continents, so there’s a demand for this worldwide.
“The next few months are all about promoting that message. We recently secured over £1m of investment to develop some exciting new features and make ourselves known, which is a huge boost for us. We already go above and beyond to make sure documents are signed compliantly with eIDAS qualified certificates.
