In 2022, the Bangko Sentral ng Pilipinas (BSP) introduced new rules that allow the use of electronic signatures (e-signatures) for opening bank deposit accounts. This move is part of the BSP’s effort to modernize banking in the Philippines and support the country’s shift toward digital financial services.

Twala, a startup backed by the Department of Science and Technology (DOST) in the Philippines, has carved a niche for itself in the realm of intelligent document and digital identity technology. The company specializes in providing tamper-proof digital signatures, digital identity solutions, and intelligent document solutions. Leveraging the power of artificial intelligence and secured by blockchain technology, Twala’s innovative solutions address critical needs for security and authenticity in the digital age.

THE Anti-Red Tape Authority (ARTA) has announced a strategic partnership with Twala, a digital signature and digital identity startup supported by the Department of Science and Technology through the DoST Startup Grant Fund, to enhance the agency's digitalization strategy.

PLDT Enterprise inked an MOU with Twala to co-innovate and productize Twala, a blockchain-powered document and digital signature platform.

On July 2, 2020, Disini Law, in partnership with Digital Freedom Network, presented “E-Signature: Are They Legal”, the second episode in the webinar series Digital Transformation Thursdays (DTT).

A blockchain-powered e-signature solution and a leading education technology (edtech) platform won the very first Startup Pitch Competition virtually held by the French Chamber of Commerce and Industry in the Philippines (CCIFP) last Feb. 8.

Twala, a tech startup that offers digital transformation of businesses with their legally binding and secure electronic signature platform powered by blockchain technology, got selected as one of the startups that will join the IdeaSpace Philippines Acceleration Program 2021.

IDEASPACE Foundation, the startup support organization behind IdeaSpace and QBO Innovation Hub, announced a new round of investments after closing the ninth cohort of the IdeaSpace acceleration program.

Notarization is to certify or attest to a document by a notary public. A duly notarized document carries with it the presumption of regularity, authenticity, and due execution.

If your startup can pivot toward sustainability, and, at the same time, respond to issues surrounding COVID-19, then the business has a good chance of surviving this pandemic.

The use of electronic signatures in the Philippines remains a vast sea of opportunities that is unexplored by different industries.

The E-Commerce Act of 2000 allows the use of electronic and digital signatures in the Philippines.

As companies embrace new ways of working like remote or hybrid work setups, having a systematic process of saving, retrieving, sharing, and retaining business data is now more important than ever.

They’re an important tool in an effective and efficient contract management process. Curious to see how this tool could revolutionize how you do business?

So, you’re finally convinced of the significant cost and productivity benefits that esignatures can bring to your business. But there’s one compelling thought that has been keeping you from giving your green light to adopt the technology – are e-signatures legal in the Philippines?