News August 14, 2018
FinTech Vendor of the Year 2018 by Frost and Sullivan
Signzy was recognised as “FinTech Vendor of the Year in Banking” under Emerging Services category . Frost & Sullivan’s 2018 India ICT Awards aim to honour and recognise companies that have pushed the boundaries of excellence — rising above the competition and achieving landmarks to deliver business outcomes using digital and disruptive technologies in the Indian market.We will continue to strive hard to take this faith global and beyond the financial industry. Read Here.
Signzy was part of a select few to attend MasterCard’s Start Path Program
Signzy was chosen among startups globally for MasterCard Start Path Global Programme.This program began on June 25th with a three-day in-person Kick-Off event, which was held in New York City. Signzy’s Arpit was in New York for the same.We feel so humbled to have been chosen for this prestigious program which has enabled us to showcase our work in simplifying complex regulatory processes in financial institutions and in enabling them to transition towards a fully digital experience.
1st Runner Up at the Innovation Challenge as part of Mumbai FinTech Festival 2018
We are honoured to be the 1st Runner Up among 800 participating companies at the Innovation Challenge organised by the Government of Maharashtra as a part of Mumbai FinTech Festival 2018 held in the month of June this year. Signzy’s Co-Founder, Arpit Ratan was presenting at the occasion which was graced by the Honourable Chief Minister of Maharashtra, Shri Devendra Fadnavis.
Signzy listed amongst the top 7 RegTech Companies in APAC region by MEDICI
We are glad to announce that Signzy has been included in the list of 21 RegTech Companies and is listed amongst the top 7 in APAC region — Building the Future of Regulatory Compliance by MEDICI. The MEDICI TOP 21 list is an industry recognised FinTech distinction and an initiative to find the best 21 companies within a FinTech industry segment. It feels great to be listed along with companies like AIDA Technologies, Identitii, Jocata, Jewel Paymentech and other global players. Read here.
Signzy was selected into JioGenNext startup program by Reliance
Signzy was one of the 9 companies that was selected in JioGenNext startup program by Reliance this year. We are excited to work with Reliance in bringing truly transformative Financial products for Jio ecosystem. Signzy’s Ankit explained how we are helping banks solve customer authentication and on-boarding problems with a blockchain based solution.
Signzy listed amongst 13 Indian Blockchain Startups To Watch Out For In 2018 by inc42
This article is part of Inc42’s Startup Watchlist annual series where they list the top startups to watch out for 2018 from industries like AI, Logistics, Blockchain etc. Read here.
Survey of facial feature descriptors
From our blog:
Aswe grow our AI capabilities, we believe we should contribute actively back to the ecosystem. The following blog might be useful to AI practitioners looking to work on Facial Technology. Read here.
Product Update: How we embraced the power of Artificial Intelligence to replace Legacy Banking processes
Last month we went live with one of India’s major public sector banks which involved high scale data processing for CKYC compliance for all it’s pan-India bank accounts. During the pilot run the branches were very excited to see their problem of image sorting and CKYC compliance solved through Artificial Intelligence. The implementation of this project at the pan-India level is expected to reduce the processing time per application by 87% and lead to a reduction of operational cost of about $17 million dollars for the bank. Read here.
Events we attended
Signzy is an AI-powered RPA platform for financial services. No matter how complex your workflow or operational complexity, Signzy is able to completely automate your back-operations decision-making process into a real-time API. This is possible due to a combination of Nebula — Our no-code AI model builder and our Fintech API Marketplace of over 200+ APIs. Today we work with over 90+ FIs globally including the 4 largest banks in India and a Top 3 acquiring Bank in US. Globally we have a strong partnership with MasterCard and offices in New York and Dubai to serve our customers in the 2 geographies. Our Product team of 120+ people is building a global AI product out of Bangalore.
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Author: Shiv Shankar Subudhi