Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > Digital age sees traditional signature dying out
    Technology

    Digital age sees traditional signature dying out

    Digital age sees traditional signature dying out

    Published by Gbaf News

    Posted on August 1, 2018

    Featured image for article about Technology
    Tags:cyber security consultancyOnline Spy Shoptraditional signature

    With the digital revolution came pin numbers, passwords and fingerprints – and the traditional signature is dying out says recent research.

    Our signature is our name written in a distinctive way as a form of identification, but it seems the days of the carefully honed personal signature are coming to an end!

    According a national study by UK cyber security consultancy –  Online Spy Shop – more than half of adults rarely sign their names anymore and one in five don’t even have a proper signature, instead just writing out their name when one is required and potentially leaving themselves open to the risk of identity theft and fraud.

    The national study of 1,000 UK adults found:

    * 55% of say they “rarely” use their signature

    * One in five UK don’t have a consistent signature

    * 15% of under-24s can’t remember the last time they signed their name

    * Four in ten signatures written in the UK are to sign for deliveries

    On the whole, 20% sign their name so infrequently nowadays that they admit to not being able to produce a consistent signature.

    Younger people are even less inclined to bother.  21% of those aged 18-24 say they don’t have a consistent way of signing their name and 15% can’t remember the last time they had to do it.

    Over-55s are little different and may be responsible for keeping the written signature alive for a while yet.

    84% of over-55s say they still have a consistent signature, but even among a demographic that grew up with written signatures as the standard, 7% can’t remember the last time they used theirs. Regular signature use is 20% lower among under-55s compared to over-55s.

    According to the study, deliveries account for 41% of all signatures, while parenting related paperwork such as school consent forms and homework diaries account for 10%.

    Steve Roberts of Online Spy Shop, who commissioned the research believes signatures could still have a place for a while, despite advances in encryption and security.

    “We’re now so used to engaging with modern means of verification, be that fingerprint recognition or simply passwords and PINs, that the idea of just scribbling our name seems almost ridiculous.  So, it’s no surprise that a significant proportion of us no longer have a definitive, consistent signature to call our own and many of us can’t even remember the last time we signed our own name.

    “I don’t think it’s quite the end of the written signature, but I certainly believe the days of youngsters perfecting a unique, hard-to-copy autograph to use in adulthood will be a thing of the past, if it isn’t already.  Although in the EU, digital signatures are legally as legitimate as hand-written signatures, the latter is still standard proof of consent in many scenarios, so I’d recommend people take care to ensure their signature isn’t easily-copied, just in case.”

    Online Spy Shop’s Top Tips on how to find your best signature if you’re starting out, getting married or divorced or simply fancy a different one:

    1. Choose how you want to write your name, it could be in full or just your initials and surname.  The longer it is though, the harder it is to copy.
    2. Look at other people’s signatures and don’t be afraid to use your favourite parts for yourself.  Is it short or long?  Curly or sharp?  Do you want to begin or end with a flourish?
    3. Experiment with your signature until you get the one that is perfect for you, while always remembering to make it unique to you and difficult to replicate.
    4. Select a few signatures and ask a trusted person to see which they prefer – and which one would be harder for them to forge.
    5. When you’ve chosen your signature, practice it again and again as you need to be able to write it exactly the same on demand, when necessary.

    With the digital revolution came pin numbers, passwords and fingerprints – and the traditional signature is dying out says recent research.

    Our signature is our name written in a distinctive way as a form of identification, but it seems the days of the carefully honed personal signature are coming to an end!

    According a national study by UK cyber security consultancy –  Online Spy Shop – more than half of adults rarely sign their names anymore and one in five don’t even have a proper signature, instead just writing out their name when one is required and potentially leaving themselves open to the risk of identity theft and fraud.

    The national study of 1,000 UK adults found:

    * 55% of say they “rarely” use their signature

    * One in five UK don’t have a consistent signature

    * 15% of under-24s can’t remember the last time they signed their name

    * Four in ten signatures written in the UK are to sign for deliveries

    On the whole, 20% sign their name so infrequently nowadays that they admit to not being able to produce a consistent signature.

    Younger people are even less inclined to bother.  21% of those aged 18-24 say they don’t have a consistent way of signing their name and 15% can’t remember the last time they had to do it.

    Over-55s are little different and may be responsible for keeping the written signature alive for a while yet.

    84% of over-55s say they still have a consistent signature, but even among a demographic that grew up with written signatures as the standard, 7% can’t remember the last time they used theirs. Regular signature use is 20% lower among under-55s compared to over-55s.

    According to the study, deliveries account for 41% of all signatures, while parenting related paperwork such as school consent forms and homework diaries account for 10%.

    Steve Roberts of Online Spy Shop, who commissioned the research believes signatures could still have a place for a while, despite advances in encryption and security.

    “We’re now so used to engaging with modern means of verification, be that fingerprint recognition or simply passwords and PINs, that the idea of just scribbling our name seems almost ridiculous.  So, it’s no surprise that a significant proportion of us no longer have a definitive, consistent signature to call our own and many of us can’t even remember the last time we signed our own name.

    “I don’t think it’s quite the end of the written signature, but I certainly believe the days of youngsters perfecting a unique, hard-to-copy autograph to use in adulthood will be a thing of the past, if it isn’t already.  Although in the EU, digital signatures are legally as legitimate as hand-written signatures, the latter is still standard proof of consent in many scenarios, so I’d recommend people take care to ensure their signature isn’t easily-copied, just in case.”

    Online Spy Shop’s Top Tips on how to find your best signature if you’re starting out, getting married or divorced or simply fancy a different one:

    1. Choose how you want to write your name, it could be in full or just your initials and surname.  The longer it is though, the harder it is to copy.
    2. Look at other people’s signatures and don’t be afraid to use your favourite parts for yourself.  Is it short or long?  Curly or sharp?  Do you want to begin or end with a flourish?
    3. Experiment with your signature until you get the one that is perfect for you, while always remembering to make it unique to you and difficult to replicate.
    4. Select a few signatures and ask a trusted person to see which they prefer – and which one would be harder for them to forge.
    5. When you’ve chosen your signature, practice it again and again as you need to be able to write it exactly the same on demand, when necessary.
    Related Posts
    Treasury transformation must be built on accountability and trust
    Treasury transformation must be built on accountability and trust
    Financial services: a human-centric approach to managing risk
    Financial services: a human-centric approach to managing risk
    LakeFusion Secures Seed Funding to Advance AI-Native Master Data Management
    LakeFusion Secures Seed Funding to Advance AI-Native Master Data Management
    Clarity, Context, Confidence: Explainable AI and the New Era of Investor Trust
    Clarity, Context, Confidence: Explainable AI and the New Era of Investor Trust
    Data Intelligence Transforms the Future of Credit Risk Strategy
    Data Intelligence Transforms the Future of Credit Risk Strategy
    Architect of Integration Ushers in a New Era for AI in Regulated Industries
    Architect of Integration Ushers in a New Era for AI in Regulated Industries
    How One Technologist is Building Self-Healing AI Systems that Could Transform Financial Regulation
    How One Technologist is Building Self-Healing AI Systems that Could Transform Financial Regulation
    SBS is Doubling Down on SaaS to Power the Next Wave of Bank Modernization
    SBS is Doubling Down on SaaS to Power the Next Wave of Bank Modernization
    Trust Embedding: Integrating Governance into Next-Generation Data Platforms
    Trust Embedding: Integrating Governance into Next-Generation Data Platforms
    The Guardian of Connectivity: How Rohith Kumar Punithavel Is Redefining Trust in Private Networks
    The Guardian of Connectivity: How Rohith Kumar Punithavel Is Redefining Trust in Private Networks
    BNY Partners With HID and SwiftConnect to Provide Mobile Access to its Offices Around the Globe With Employee Badge in Apple Wallet
    BNY Partners With HID and SwiftConnect to Provide Mobile Access to its Offices Around the Globe With Employee Badge in Apple Wallet
    How Integral’s CTO Chidambaram Bhat is helping to solve  transfer pricing problems through cutting edge AI.
    How Integral’s CTO Chidambaram Bhat is helping to solve transfer pricing problems through cutting edge AI.

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Technology

    Explore more articles in the Technology category

    Why Physical Infrastructure Still Matters in a Digital Economy

    Why Physical Infrastructure Still Matters in a Digital Economy

    Why Compliance Has Become an Engineering Problem

    Why Compliance Has Become an Engineering Problem

    Can AI-Powered Security Prevent $4.2 Billion in Banking Fraud?

    Can AI-Powered Security Prevent $4.2 Billion in Banking Fraud?

    Reimagining Human-Technology Interaction: Sagar Kesarpu’s Mission to Humanize Automation

    Reimagining Human-Technology Interaction: Sagar Kesarpu’s Mission to Humanize Automation

    LeapXpert: How financial institutions can turn shadow messaging from a risk into an opportunity

    LeapXpert: How financial institutions can turn shadow messaging from a risk into an opportunity

    Intelligence in Motion: Building Predictive Systems for Global Operations

    Intelligence in Motion: Building Predictive Systems for Global Operations

    Predictive Analytics and Strategic Operations: Strengthening Supply Chain Resilience

    Predictive Analytics and Strategic Operations: Strengthening Supply Chain Resilience

    How Nclude.ai   turned broken portals into completed applications

    How Nclude.ai turned broken portals into completed applications

    The Silent Shift: Rethinking Services for a Digital World?

    The Silent Shift: Rethinking Services for a Digital World?

    Culture as Capital: How Woxa Corporation Is Redefining Fintech Sustainability

    Culture as Capital: How Woxa Corporation Is Redefining Fintech Sustainability

    Securing the Future: We're Fixing Cyber Resilience by Finally Making Compliance Cool

    Securing the Future: We're Fixing Cyber Resilience by Finally Making Compliance Cool

    Supply chain security risks now innumerable and unmanageable for majority of cybersecurity leaders, IO research reveals

    Supply chain security risks now innumerable and unmanageable for majority of cybersecurity leaders, IO research reveals

    View All Technology Posts
    Previous Technology PostIdentity management for secure permissioned blockchains
    Next Technology PostCyber-Security professionals must rethink their strategy of beating cyber-attacks