Trust does matter

Signzy customers and investors have stood for trust for years

SCALE
Identity verification, Scale Image
PRICELESS
identity verification mastercard
SIGNZY is a mastercard portfolio company
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Ashish Khandelwal

MARKETING DIGITAL AND CUSTOMER EXPERIENCE MARKETING DIGITAL AND CUSTOMER EXPERIENCE

Head of Xiaomi Financial Services

With focus on innovation and quality of service, Signzy have helped us drive efficiency in the KYC steps of our loan journey. Their intent to deliver value to their clients and ability to deliver disruptive solutions is truly remarkable.

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Amandeep Singh

MARKETING DIGITAL AND CUSTOMER EXPERIENCE MARKETING DIGITAL AND CUSTOMER EXPERIENCE

VP Revenue at Numadic

Signzy provided us with the ability to handle verifications at scale, in a reliable manner. We are glad to have worked with them.

...

ABHIJIT SHAH

MARKETING DIGITAL AND CUSTOMER EXPERIENCE

ICICI PRUDENTIAL AMC

ICICI Prudential is the 1st fund house in industry to introduce investor on boarding solution developed in partnership with Signzy.We are now offering customers a fully digitized onboarding journey to our customers which resulted in growth to ...

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A. BALASUBRAMANIAN

MD & CEO

ADITYA BIRLA SUN LIFE AMC

The ongoing lockdown has made physical modes of submitting KYC applications inconvenient. With our already available Video e-KYC solution we have been able to win over this logistical challenge. This mode of onboarding is seeing rapid increase ...

Stop Customer Drop-Out

Address customer onboarding friction without compromising identity verification

Identity verification, TAT

Reduction in TAT

Identity verification, Operational Expenditure

Reduction in Operational expenditure

Identity verification, Customer Dropcut

Reduction in Customer drop-out

Identity verification, Sales

Increase in productivity of sales

Automated, Simplified and Quick (No Manual Stuff)

Signzy’s Identity Authentication automates the verification process and helps businesses boost conversion rates, comply with AML and KYC legislation, and better detect fraud — all while providing a definitive decision in seconds.

Identity verification, Enhanced User Experience

ENHANCED USER EXPERIENCE

Smart and interactive verification and onboarding systems to make user journeys hassle-free and straightforward.

SCALABLE BACKEND OPERATIONS

AI and ML-based core regulatory engines help businesses scale faster, reduce cost and cut turnaround time, to offer a seamless experience in business processing.

Identity verification, Secure

SEAMLESS AND INTERACTIVE UI

Creative and easy to use interface to provide a convenient interactive experience for the user making the whole journey seamless.

CUSTOMER IDENTITY VERFICATION

Authenticate your customer’s identity by capturing and verifying OVDs in real-time.

Why is there a need for Identity Verification?

ADDRESS THE CONFLICT BETWEEN RISK AND GROWTH

Identity verification has always been imperative for businesses. However, as the world has become digitalized, the need for a digital identity verification solution has become apparent.

Failure to know your customers’ identification can escalate to fraudulent behaviour, which can lead to revenue loss through chargebacks, a loss of trust, and eventually brand degradation.

An identity verification solution must assist companies in resolving key disputes. Safeguarding the company’s image and revenue entails mitigating the risk of fraud by meeting KYC identity verification requirements.

Majority of frauds in banking are due to human complicity. Our onboarding technology uses AI to provide human-like like intelligence to documents/data, but which cannot be compromised.

Identity verification Need for Id Verification

Done in 30 seconds

Identity verification , Real time ID Check

REAL-TIME ID CHECK

OVDs are checked in real-time to verify the user

Identity verification, Image Forensics

IMAGE FORENSICS

Images are matched with the user’s face to authenticate both.

Identity verification, Biometrics Check

BIOMETRICS CHECK

Facial and other biometric checks are carried out to double-check the user for any fraud or risk.

Identity verification, Verification Complete

VERIFICATION COMPLETE

...And you are all set to Go!

Features

Signzy systems have been designed for banking grade technology. This means that they meet the strictest infosec regulations and data security requirements.

Identity verification, Storage

UNLIMITED VIDEO STORAGE & INSTANT RETRIEVAL

Unlimited videos of user verification can be stored on the database and can be retrieved at any time.

Identity verification, Geo Location Capture & IP Check

GEO-LOCATION CAPTURE & IP CHECK

Geo-tagging will ensure the customer’s exact location with a thorough check on the IP address.

Identity verification, Video Forensics

VIDEO FORENSICS FOR PRE-RECORDED RISK DETECTION

Video forensics is used for any pre-recorded risk and spoof detection to prevent fraud, enhancing protection for your enterprise.

Identity verification, Digital Forgery Check

DIGITAL FORGERY CHECK

Any kind of digital forgery will be detected and flagged rendering any malpractice attempts void.

SEAMLESS AND INTERACTIVE UI

Creative and easy to use interface to provide an easy experience for the user making the whole journey seamless.

END-TO-END ENCRYPTION

The end-to-end encryption for video, channel and communication helps ensure maintaining the highest security and privacy.

Identity verification, Customer Idenetity verification

CUSTOMER IDENTITY VERIFICATION

Authenticate your customer’s identity by capturing and verifying OVDs in real-time.

TIME STAMP & AUDIT TRAIL

Definite time stamps and audit trails for every application and video interaction help to find or track any discrepancy.

Get started with a Demo

A SIGNZY product expert will guide you through the identity verification capabilities and apply it to the use cases most relevant to your business.

Schedule a demo

Use Cases

Identity verification, Customer Onboarding

CUSTOMER ONBOARDING

Identity verification, Fraud Detection 1

FRAUD DETECTION

Identity verification, AML KYC Compliance Check 1

AML / KYC COMPLIANCE CHECK

Identity verification, Merchant Onboarding

MERCHANT ONBOARDING

Identity verification, Individual Saving A/c/ sme Current /A/C Onboarding-1

INDIVIDUAL SAVING A/C / SME CURRENT A/C ONBOARDING

Identity verification, Branch Automation

BRANCH AUTOMATION

The Identity Verification Imperative

Balancing growth, risk and customer experience

The Gartner Market Guide

Gartner’s recent market guide (September 2020) on identity proofing and affirmation is expected to guide businesses. It will cover the trifecta of identity proofing, online fraud detection (OFD) and authentication.

  • Document-Centric Identity Proofing
  • Vendors With Data-Centric Identity Affirmation
  • Device and Behavioral Analytics Focused Identity Affirmation
  • Phone Number Focused Identity Affirmation
  • Vendors With Strong Orchestration Capabilities

Gartner rightly concludes that identity verification orchestration capability including more than one vendor is critical to success and scaling. A checklist for a complete identity-proofing orchestration solution is also offered.

Of all the recommendations contained in the Gartner market guide, the ‘demographic bias’ recommendation is perhaps the most path-breaking.

Covid-19 made digital transformation hygiene

Digital transformation had always been a strategic change management initiative. BFSI organizations were the ones to take leadership given the need to establish identity in an extremely regulated environment through KYC verification. Companies in other unregulated sectors were indifferent.

COVID-19 changed everything, almost overnight. Digital transformation was thrown at the world, and it wasn’t optional. Digital wasn’t just a channel to do business, it became ‘the only way to do business.’ Companies across sectors even the unregulated sectors saw this as an opportunity to onboard customers, verify their identity and continue to be in business, and thrive.

Growth or Risk or Customer Experience

Business is about trade-offs, all the time. What does one prioritize? Growth driven by awesome customer experience or risk?

Identity verification is an imperative for businesses. Failure to know customers’ identification can escalate to fraudulent behaviour, which can lead to revenue loss, a loss of trust, and eventually brand degradation. Safeguarding the company’s image and revenue entails mitigating the risk of fraud by meeting KYC identity verification requirements. However, as the world has gone digital, so has identity verification and validation. Consequently, it has created the need for slick user experience because today’s digital users engage with world-class social apps, all the time. Any friction in user experience could hit customer acquisition and growth. At the same time, any let down in identity verification solution could increase business risk It is indeed a challenge to balance all these conflicting priorities.

Pricing

Have you already made up your mind on implementing an identity verification solution? Is it just a quote you need from us?

Go ahead and let us know your requirements and we will do our best.

Schedule a demo

Awards & Accolades

Identity verification, Awards & Accolades