https://eng.cetif.it/event/advisory/fideiussioni-digitali-per-il-mondo-bancario-presentazione-della-piattaforma https://eng.cetif.it/advisory/progetti/fideiussioni-digitali Digital Sureties A surety guarantee is a type of guarantee where a third party (the surety) agrees to be responsible for a debt or obligation if the primary debtor (the principal) fails to fulfill their commitment. This guarantee provides additional security to the beneficiary, ensuring that they receive compensation for any losses incurred due to the principal’s default. The process related to the management of surety guarantees is still poorly digitized, unable to provide efficiency parameters appropriate to the volumes handled and exposed to fraud-related risks. These issues result in a number of critical operational issues that affect all parties involved in the legal relationship: Guarantors, Contractors and Guarantors (beneficiaries). For this reason, the Digital Sureties platform was created to c...