Accelerate Digital Transformation –

Retail Banking

Our services are specifically suited for three categories as described below:

Individual Saving A/c onboarding

Something about Individual Saving A/c onboarding

digital-KYC-customer-kyc

(a) This product is mostly applicable for Banks dealing with individual customer accounts. 

 

(b) In the conventional method, the frontend and backend operations for customer onboarding can take days to complete the process. 

 

How Signzy Can Help Automate SA Onboarding:

 

(a) Interactive form with Auto populate option reduces effort in filling form thereby enhancing user experience

 

(b) Real time Digital verification of KYC documents for different entity types due to our three-pronged approach of document extraction, verification and forgery checks

 

(c) With Signzy’s proprietary customer onboarding solution, the process takes a few hours and accurately completes the entire process.

More info
Digital-merchant-onboarding-merchant-onboarding-icon@2x_2

SME Current A/c onboarding

 Something about Individual retail lending platform

client-onboarding-non-individual-onboarding-icon-mobile
customer-onboarding-sme-onboarding-icon830

a) This product applies to the small and medium enterprises who wish to open a current account with the bank.


b) The process of opening a Current Account with a Bank presently involves extensive human efforts both from the customer’s perspective as well as from operations perspective.

How Signzy Can Help Automate CA Onboarding:

 

(a) Interactive form with Auto populate option reduces effort in filling form thereby enhancing user experience

 

(b) Real time Digital verification of KYC documents for different entity types due to our three-pronged approach of document extraction, verification and forgery checks

 

(c) Digitally onboard multiple authorised signatories parallely without having to circulate application for weeks.

 

(d) Regulatory Intelligence ensures complete compliance to all required KYC mandates

 

(e) Algorithmic risk assessment of customers based on entity compliance rules

 

(f) Easy to use visual dashboards for back end operations with derived outputs and checks to enable faster assessment of customers

 

(g) Seamless Experience for all stakeholders through Integration of various third-party services on singular platform

 

More info

Branch Automation

(a) The conventional method of opening a bank account in the legacy system is a major issue for customers. The process is time-taking and consumes a lot of business resources as compared to real-time operations. 

 

(b) As a measure to tackle this painstaking process in the manual system at banks, Signzy has come up with a unique solution to enable real-time account opening with enhanced compliance adherence, and thorough fraud detection.

 

How Signzy Can Help With Branch Automation:

 

(a) With advanced OCR, ICR and object detection techniques, 35.5 Lacs documents can be scanned per day. 

 

(b) Save processing time upto 18 mins per form.

 

(c) 99.2% accuracy in object detection for error-free results.

 

(d) Save upto 24,000 man-hours across the organization per day.

 

(e) Advanced biometrics for accurate facial recognition.

Individual retail lending platform

Something about Individual retail lending platform

individual-retail-lending-platform-icon-mobile

Banks conduct retail lending in the form of loans. Some example of bank loans include:

 

(a) Home Loans

(b) Vehicle Loans

(c) Loan against Consumer Goods

(d) Education Loan

(e) Personal Loans

(f) Business Loans For SMEs.

(g) Corporate (Merchant loans)

 

How Signzy Can Help Automate Retail Lending:

 

(a) Interactive form with Auto populate option reduces effort in filling form thereby enhancing user experience

 

(b) Real time Digital verification of KYC documents for different entity types due to our three-pronged approach of document extraction, verification and forgery checks

 

(c) With Signzy’s proprietary customer onboarding solution, the process takes a few hours and accurately completes the entire process.

 

(d) Regulatory Intelligence ensures complete compliance to all required KYC mandates

 

(e) Algorithmic risk assessment of customers based on entity compliance rules

 

(f) Easy to use visual dashboards for back end operations with derived outputs and checks to enable faster assessment of customers

 

(g) Seamless Experience for all stakeholders through Integration of various third-party services on singular platform.

More info
retail-banking-lending-icon

How Signzy Can Help Digitize and Automate Lending

 

Signzy ‘s lending platform allows banks to create digital flows for direct to consumer and Relationship  Manager ( RM ) channels in less than 3 weeks. This is achieved using a no-code platform. Our Fintech API marketplace of over 200 Data sources allows you to create modern underwriting systems which are fully in your control using GUI based configurations. This platform offers the following benefits:

 

a) Upto 80% lower cost in customer onboarding.
b) Processing time of 10-15 days is reduced to a mere 30 minutes.
c) Upto 3X increases in sales efficiency.