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Sunday, October 14, 2007

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Defining the digital signature


The definition of electronic signatures contained in two bills that were passed last year by the U.S. Senate and House of Representatives is fairly loose because Congress did not want to mandate that a specific technology be used.
"We're going to get a compromise bill that permits people and institutions to choose from all different types of technology," says Kawika Daguio, executive vice president of the Financial Information Protection Association.
"Too many people are hanging back from technology. This is going to reduce fraud, open up new kinds of services and allow people to do more cool stuff."

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