“A 20-year-old former Kmart cashier armed with an $8 rubber stamp, a laptop computer and an old payroll check nearly defrauded the Troy-based retailer out of tens of millions of dollars in a brazen stock swindle.” According to The Detroit News this fradulent youth was about to get away with highway robbery with just a rubber stamp and a check. “To create the phony resolutions, Portero went to a Web site, Socrates.com, and downloaded a sample certificate of corporate resolution, the FBI said. He had an $8 rubber stamp designed to mimic Kmart’s official seal.”
xyzmo’s digital signature technology reduces fraud and offers a safe, secure way to stamp and sign documents. xyzmo’s digital signature solutions protect the integrity of documents as well as the ability to identify the person involved in signing, receiving or accessing the documents.
Welcome to the first installment of a four part series which explores the industries xyzmo has developed unique solutions for. xyzmo’s solutions for the finance industry decrease fraud-related activities and reduce the costs associated with filing and retrieval. xyzmo offers superior digital signature technology for the following:
It’s been brought to our attention that readers like to read lists on blog postings… so here’s our attempt at a useful gathering of digital signature tidbits.
The term for an original signature written with a pen is a ‘wet signature’.
Most digital signature solutions include a PKI or public key infrastructure which can be expensive to maintain. xyzmo’s solution does not.
Authenitication and Integrity are the two common reasons for customers to choose digital signatures for their electronic documents.
The American Bar Association has compiled a useful guidelines tutorial pertaining to the legality of digital signatures.
Digital signatures dramtically reduce costs and labor within your office workflow due to the elimination of paper-based processes; while at the same time cutting back on the destruction of environmental resources. Digital signatures are a great idea for insurance companies in need of mobile point-of-sale (POS) and e-billing solutions, as well as for retail POS. xyzmo’s digital signature solutions are a proven asset for telecom companies.
xyzmo is pleased to be an environmentally conscious company, offering a product which dramatically cuts down on paper usage within your office environment.By reducing the number of documents that are electronically signed instead of printed, emissions created by shipping these documents are eliminated as well.Earth Day is on April 22nd 2008 this year.Stay tuned for events that xyzmo will be participating in for the big day.
xyzmo is excited to announce our involvement with two popular and innovative trade shows approaching quickly in 2008! CTIA Wireless represents the global convergence of everything and everyone involved with wireless technology. The AIIM Expo is the “world’s largest educational conference and exposition dedicated to content and information management products and solutions“. Visit us at the following locations and stay tuned for more details:
AIIM Expo 2008:
March 3-6, 2008 Boston Convention Center Booth #2157
CTIA Wireless 2008:
April 1-3, 2008 Las Vegas Convention Center Booth #1357
Did you know digital signatures are becoming a modern standard for many businesses? Thanks to new legislation such as the ESIGN Act and the Government Paperwork Elimination Act, digital signatures are now considered an acceptable method of signing electronic documents.
In 2008, xyzmo plans on raising awareness regarding its superior digital signature technology and all the many benefits it offers to companies of any size.
Here’s to a happy and healthy new year and thanks for stopping by!
It is with great excitement, that xyzmo, (pronounced ”size-mo”) welcomes you to our brand new blog! Stay tuned for announcements, upcoming events, upgrade information and news from the digital signature world. Click on the video below to see what products we offer…