Global xDTM Standard Empowers European Organizations to Make the Digital Transformation with Trust and Confidence

EU Regulation Accelerates Europe's Digital Transformation

SAN FRANCISCO, June 28, 2016 /PRNewswire/ -- With the EU set to introduce exciting new measures for ensuring that electronic signature regulations are enforced across all member states from July 1, the xDTM Standard Association today shared new endorsements from European industry leaders, demonstrating the continued validation and momentum of the global standard.

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The news comes on the back of the growing importance of digital transformation among organizations of all sizes and industries across the EU. And with the potential evolution of the member states comprising the EU itself, it underscores the importance of having a standard like xDTM that can operate effectively inside evolving legal frameworks. 

"The xDTM Standard has enhanced the quality of digital transactions and digital signatures around the world," said Jim Hagemann Snabe, board member at the World Economic Forum, SAP, Allianz, Siemens, Maersk Group and Bang & Olufsen. "The payment card industry's data security standard (PCI DSS) did something similar – offering peace of mind for businesses and consumers; improving customer relationships with service providers that demonstrate this serious investment in security; and providing uniform standards that defined quality for financial transactions. The global xDTM Standard has added this value to digital transaction management industry."

More than 300 companies already endorse the xDTM Standard – with several prominent Board of Governors including SAP, BASF, Dow Jones, News Corp, Visa, Intel, Hewlett Packard, FedEx, NBC Universal, DocuSign, USPS, BuckleySandler, and Microsoft among others.

"The conducting of global business requires a strong infrastructure and the xDTM Standard provides that solid foundation for digital transactions and digital signatures. Organizations looking to capitalize on the efficiency of the digital realm should make sure that their transactions are managed with the utmost care, adhering to these best practices," said Rob Carter, chief information officer, FedEx Corporation and member of the xDTM Board of Governors.

"More than two years of intensive cross-industry work by prominent organizations and experts has resulted in the achievement of our key milestones, enabling the digital transaction management industry to continue its rapid growth with increased confidence," according to Heather Petersen, executive director of the xDTM Standard Association.