News and Resources

E-Signature Webcast for Financial Services Legal Counsel

  • October 20, 2011

Margo Tank spoke in the Silanis webcast, "E-Signature Webcast for Financial Services Legal Counsel," on October 20, 2011. Her co-presenters were R. David Whitaker (Senior Company Counsel, Strategy and Operational Risk Group, Wells Fargo) and Michael Laurie (VP Strategic Development, Silanis Technology).

E-Signatures are a key enabling technology for banks that are working to modernize and improve customer service across all channels. In addition to eliminating the waste and inefficiencies of pen and paper, electronic transactions, enabled by e-signatures, mitigate risk by eliminating errors, producing stronger legal evidence than paper, and providing control over and visibility into customer transactions.

This Webcast for financial services was a unique opportunity to learn from the top e-Commerce law experts and quickly get up to speed on e-signature legal issues, best practices & recommended strategies.

In this information-packed 90-minute presentation, Ms. Tank began with a deep dive into ESIGN & UETA, the US laws that enable e-transactions and discussed the importance of building these laws into your processes.

Mr. Whitaker then took a practical look at e-signatures from an implementation perspective. He answered common questions such as, “what impact will electronic records and transactions have on my records management strategy”; “how should we handle website timeouts and email bounce backs”; and “what is the best method of signing?”

Topics at-a-glance:

  • UETA
  • State disclosures
  • Consumer consent
  • Reasonable demonstration
  • Exclusions
  • Negotiable instruments
  • Regulatory update (FFIEC, OCC, HUD, FRB, etc...)
  • Case Law
  • Disclosure delivery
  • Capturing intent
  • Methods of signing
  • Record retention

Click here to learn more and download the webcast at Silanis.com.