News December 14, 2017
Here are some updates from Signzy and a few useful reads from around the fintech world.
Signzy amongst top 9 finalists of the ABS Global Fintech Awards, 2017
We were among the top 9 finalists of the the ABS Global Fintech Award at the Singapore Fintech Fest 2017! We‘re so glad to have gotten the opportunity to showcase India’s fintech potential at the global stage.The fintech festival saw an incredible turnout with 25,000 amazing folks from 100+ countries. Ankit — who represented Signzy — also interacted with the Deputy Prime Minister of Singapore, Mr. Tharman Shanmugaratnam. We’ll continue striving towards our vision of transforming traditional banking processes into digital and more optimized ones.
Signzy shortlisted for the “Start-Up of the Year Award” category at the Express I.T. Awards
We competed with top startups like FlexiLoans.com, Razorpay Software, Lendingkart Group and others at the prestigious Express IT Awards. IT Awards honours the finest talents/companies driving innovation and leading professionals across the I.T. industry. It feels great to be recognized for our work for making financial institutions’ regulatory processes simple, secure, and compliant using advanced AI and cryptography. Read here.
Mastercard, Mswipe to use Signzy’s digital KYC solution to develop Asia’s first digital merchant onboarding experience
Mastercard in collaboration with Mswipe has developed Asia’s first digital merchant onboarding experience. This pioneering initiative is built upon Signzy’s digital KYC solution. Our KYC solution enables companies offer slick digital onboarding with real-time KYC. In this case, the merchants’ KYC processes will be completed within 30 minutes (as opposed to the standard 3-day period). Read here.
Events we attended
- Global Conference on Cyber Space (GCCS) 2017 — We were at GCCS — one of the biggest cyberspace conferences in the world — at New Delhi. GCCS focuses on promoting policies and frameworks that aim to uphold digital democracy, maximize collaboration, and strengthen security, safety, technology, partnerships, and freedom. Arpit from Signzy attended the global event and demonstrated Signzy’s solution being used by SBI to Shri. Ajay Prakash Sawhney, Secretary Ministry of Electronics & Information Technology. (23rd Nov New Delhi)
- GES 2017 — We were invited by NITI Aayog for the world’s biggest entrepreneurship summit that brings together entrepreneurs, investors, and business representatives from around the world. Signzy was among the selected startups whose solution were showcased at the event.(28th-30 Nov Hyderabad)
- SCB Banking Digitisation Event — We were a part of the panel at the ‘Banking on Digitization’ event at the Taj Lands End, Mumbai. Ankit Ratan from Signzy presented our views on,”Competition vs partnership between fintechs and banks/regulators.” We also discussed why KYC is a constant source of complains, what are the hassles financial institutions face in adopting KYC, and how DLT and AI technologies can be used to transform current semi-manual processes into real-time digital systems. (28th Nov Mumbai)
- Meeting with delegation of Banks in the ASEAN region — We presented our views on how fintechs can work with banks to a delegation of Banks in the ASEAN region. With IFC (International Finance Corporation) — a member of the World Bank Group, and MAS’s(Monetary Authority Of Singapore) support, fintechs and banks can collaborate to usher in rapid digitization of the entire Banking infrastructure. (17th Nov)
Smart Contracts — An Indian Perspective
From our blog:
Smart Contracts — An Indian Perspective: A must read explaining the emergence of smart contract technology, its legality, and feasibility from an Indian perspective. Read here.
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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