Cegedim and CIC add e-signatures to SEPA e-mandates, making them highly secured

July 9, 2012  |  Digitalisation, Europe, Payment

Cegedim  and CIC have partnered to help enterprises migrate their systems to SEPA. SEPA is the European Union’s payment integration initiative for simplification and harmonisation of member state money transfer systems. By adding CIC’s e-signatures to the Cegedim’s SEPA suite, they provide highly secure SEPA e-mandates solutions.

SEPA and electronic signatures

Cegedim’s innovative MAEA software suite provides a complete solution for the management of SEPA electronic mandates (“eMandates”), or authorizations, and related SEPA payment transactions.

CIC’s electronic signature solution is accessed for completion of a valid eMandate and is available now for immediate deployment through MAEA as a high security service bureau that completes each eMandate with a separate and valid electronic signature.

  • Jean-Marie Simon, Director of Cegedim Global Payments on the use of e-signatures with SEPA e-mandates:

With the European Parliament’s recently set deadline of February 1, 2014, for full migration to SEPA, it is imperative that enterprises commence the migration process immediately. Cegedim anticipated this accelerated schedule and, as one of the only available SEPA compliant platforms, has already started to work on a number of MAEA implementations.”

“Electronic signatures represent a cornerstone of the drive towards de-materialisation and of the proven cost savings afforded by straight-through electronic processing. We conducted an extensive search for the ideal electronic signature provider to partner with and chose Silicon Valley-based CIC due to its commitment to high-security electronic solutions and its leadership position in biometric signature verification.”

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