OneSpan Announces Integration Platform for eSignatures

June 11, 2024 at 08:00 AM EDT

Modern platform enables organizations to build out-of-the-box integrations in a configurable, secure, and cost-efficient way

OneSpan Inc. (NASDAQ: OSPN) today announced the launch of the OneSpan Integration Platform. This modern platform enables organizations to effortlessly integrate eSignatures into well-known applications, ensuring that sending, signing, and storing transactions is seamless and more efficient.

The number of SaaS applications businesses use has increased rapidly in recent years, with organizations using 342 apps on average. The vast number and application types make it hard for IT teams to maintain performance and security effectively. On top of that, employees struggle to complete their work while navigating between numerous applications, especially when so many of these applications are utilized for end-to-end business processes. Organizations are looking for modern solutions that make their business processes seamless and more effective. Traditional development approaches via API or SDK are also expensive as they require dedicated development efforts.

OneSpan’s Integration Platform enables organizations to easily integrate OneSpan Sign into the application of their choice. These pre-built integrations, which range from popular business apps including Microsoft Apps, Google Workspace, Salesforce, and Workday allow organizations to manage a seamless, modern digital agreement process. Unlike legacy industry offerings, the OneSpan Integration Platform offers a low-code/no-code approach to implement OneSpan Sign directly into existing workflows without the need for developer resources. The new platform announced today will increase ROI, automate processes, and boost customer productivity.

“eSignatures are essential in today’s digital transformation journey, but their true value is realized only when integrated into the broader workflow,” said Holly Muscolino, Group Vice President, Workplace Solutions at IDC. “OneSpan’s new platform addresses this critical need by offering out-of-the-box integrations, enabling eSignature functionalities to be embedded into business processes.”

With the OneSpan Integration Platform, organizations can:

Increase business agility: The OneSpan Integration platform provides a single powerful automation solution to cover front-office and back-office use cases across any size organization.
Accelerate implementation: Since the Integration Platform is low-code/no-code, customers can get started faster with little to no coding development.
Mitigate risks and protect data: Customers’ sensitive information is protected and security loopholes are minimized with pre-tested integrations and built-in security measures, including encryption, authentication, and access controls.
Reduce IT costs: OneSpan Integration Platform is a built-in, out-of-the-box solution that eliminates integration development and specialized skills to connect APIs or SDKs.

“Modern organizations require a new approach to integrations, one that leverages a low-code, no-code framework, to allow for rapid deployment and low maintenance,” said Sameer Hajarnis, SVP and GM of Digital Agreements at OneSpan. “Our new platform embodies this approach. By eliminating traditional complexities associated with API integrations, we enable organizations to enhance their business processes quickly and efficiently, all while upholding the highest standards of security.”

The new platform can support a comprehensive list of 1,000+ application integrations, all of which are easily adaptable to users’ unique workflows. Looking ahead, OneSpan plans to enhance the platform with support for a self-service marketplace and BYOI (Bring-your-own-iPaaS) to connect directly with OneSpan Sign. These future developments will empower organizations to leverage OneSpan Sign and access a wide variety of third-party integrations, further customizing their digital transaction workflows.

Additional Resources

For more information on the OneSpan Integration Platform, please see this company blog.
Join our upcoming Digital Agreements webinar on June 18.
Watch our Integration Platform video here.

About OneSpan

OneSpan provides security, identity, electronic signature (“e-signature”), and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to workflows that are complex or require higher levels of security. Trusted by global blue-chip enterprises, including more than 60% of the world’s largest 100 banks, OneSpan processes millions of digital agreements and billions of transactions in 100+ countries annually.

For more information, go to www.onespan.com. You can also follow @OneSpan on Twitter or visit us on LinkedIn and Facebook.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding potential future plans, expectations, features, benefits, use cases, integrations, and outcomes of the Integration Platform. Forward-looking statements may be identified by words such as "seek", "believe", "plan", "estimate", "anticipate", “expect", "intend", "continue", "outlook", "may", "will", "should", look forward” "could", or "might", “looking ahead,” “future,” and other similar expressions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect our business and financial results include, but are not limited to the factors described in the “Risk Factors” section of our most recent Annual Report on Form 10-K. Our filings with the Securities and Exchange Commission (the “SEC”) and other important information can be found in the Investor Relations section of our website at investors.onespan.com. We do not have any intent, and disclaim any obligation, to update the forward-looking information to reflect events that occur, circumstances that exist or changes in our expectations after the date of this press release, except as required by law.