Mumbai, India, Jan 2019, Signzy is a reg-tech company based out of India has signed an agreement with Apriori, an international data aggregator, Signzy has announced today. Apriori will provide Signzy with its database that has been aggregated from various sources.
Signzy helps financial institutions make their digital regulatory processes simple, secure and compliant. This is achieved by providing human-like fraud detection using Artificial Intelligence and Blockchain. Signzy solves critical trust issues for all three stakeholders in the financial domain- customers, banks and regulators.
Signzy, India’s fastest growing identity verification startup has been always at the forefront by solving complex problems at the large scale for more than 100+ financial institutions in identity verification, fraud and risk mitigation domain with its innovative product offering.
“By partnering with Apriori, we are further able to enrich our content with Apriori database that shall help strengthen our insights, products and solutions to support our clients on customer acquisition in the unbanked segment very efficiently at the low cost”, added by Nitin Pathania, Head of Global Partnership and Delivery at Signzy.
Signzy has been recognized by MAS ( Monetary Authority of Singapore) amongst the top 9 Global Digital Financial Implementations companies in 2017 and RBI has awarded Signzy for being the most Innovative Payment system solution for 2016 and 2018.
“Apriori is delighted to partner with Signzy and make its database available for identity and verification purposes,” said Igor Kyrylenko, President of Apriori
In India, Apriori acquires and updates over one billion records annually. Apriori hosts records for nearly 100% of India’s adult population.
Igor Kyrylenko, President of Apriori says, Aprori’s goal to promote the financial inclusion and financial empowerment of unbanked populations in emerging economies. Financial companies are eager to serve these customers, but verifying their identities can be challenging. Signzy’s verification services will be enhanced by Apriori’s data, enable financial companies to offer much-needed services at low cost to underserved customers in India.
About Signzy
Signzy is a market-leading platform redefining the speed, accuracy, and experience of how financial institutions are onboarding customers and businesses – using the digital medium. The company’s award-winning no-code GO platform delivers seamless, end-to-end, and multi-channel onboarding journeys while offering customizable workflows. In addition, it gives these players access to an aggregated marketplace of 240+ bespoke APIs that can be easily added to any workflow with simple widgets.
Signzy is enabling ten million+ end customer and business onboarding every month at a success rate of 99% while reducing the speed to market from 6 months to 3-4 weeks. It works with over 240+ FIs globally, including the 4 largest banks in India, a Top 3 acquiring Bank in the US, and has a robust global partnership with Mastercard and Microsoft. The company’s product team is based out of Bengaluru and has a strong presence in Mumbai, New York, and Dubai.
Visit www.signzy.com for more information about us.
You can reach out to our team at reachout@signzy.com
Written By:
Paritosh Vatsal Tripathi
