COVID-19: Technology, Information & Information Technology

For those of us away from the epicenter of the coronavirus pandemic, behavior change began from chemist runs to buy sanitizer. About 3 months in, with precautions and anxieties rising, we’re compulsively refreshing coronavirus dashboards, social distancing, and packing our pantries.

With a rising death toll, analogies to dystopian apocalyptic times are surfacing. But, so are stories of our heroic front-line workers, global solidarity, quarantine creativity, and technological innovation. The first part of this blog is to understand technology as the boon, bane, and balm of these times. The second part is to delve deeper into the role of social media in this “infodemic”, and the third is to briefly assess the IT sector’s response to the crisis.

Technology: Boon/Bane/Balm?

Computer modeling of the coronavirus’s spread based on airplane flights and travel data is helping epidemiologists (someone who studies the incidence, distribution, and possible control of diseases) predict where the illness will move next and how. Professionals performing infectious disease modeling across the globe are trying to ascertain how the disease will unfold so that governments may take apt precautionary measures and maintain accurate numbers. A model is however, as good as the data fed into it. Even with uncertain numbers, modelers are trying to work on critical issues like how many people are infected but symptom-less, increasing undetected numbers.

Other technological measures deployed in the time of corona are assessed country wise:

China

China is fighting against this public health crisis with its tech giants at the fore. There is news of new hospitals in Wuhan only staffed with robots. While many of these tech implementations are setting new healthcare practices, experts are deeming some as performative gimmicks and excuses for future mass surveillance by the authoritarian, press-controlling Chinese government.

1. Color Coded QR

Near the epicenter of the outbreak, entering public transport, one’s apartment or office, requires scanning a QR code which color codes the risk factor a citizen poses as red, yellow or green. This can be accompanied by writing down one’s name, ID number, temperature and recent travel history. This quarantine determination project is called the Alipay Health Code. It is an app developed for the local government of Hangzhou with the help of Alibaba’s sister company Ant Financial. It’s set to have nationwide implementation.

Neither Chinese officials nor Alipay have explained in detail how people are classified by the system. It is speculated that the compulsory app uses Big Data to identify potential carriers of the virus. The data can include stats sourced from transport agencies, health centers, and state-owned firms.

2. Drones, Robots and Autonomous Vehicles

In cities under lockdown, drones are being used to transport medical supplies and patient samples. They can also be used to spray disinfectant across large areas. According to authorities the aerial tech is also an effective way to scan large crowds to spot if someone needs medical attention and warn those not wearing masks of repercussions.

Robots are doubling up as cooks, cleaners, and delivery to eliminate human contact as much as possible. An important function for robots at the front-lines is thermal imaging and basic diagnostic functions.

China has nurtured various self-driving, autonomous vehicle platforms such as Baidu’s Apollo. They are proving to be an effective system to cut out human contact and ensure efficient delivery of essential supplies.

3. Big Data, Facial Recognition and AI

Taking a closer look, the color code app and surveillance drones use Big Data and streamlined facial recognition technology at their core. China has a history of using such data and AI to keep tabs on its citizens. In this time of crises, the role has simply been streamlined to enforce quarantines.

As an after-effect of the attempts to curb the spread of COVID-19, another ailment is spreading in China; mass surveillance. The country could easily use the health crisis as a justification to expand its already vast surveillance system.

With the race to find a vaccine for the coronavirus underway, tech giants like Alibaba and DIDI are contributing their computing power to help hospitals perform diagnoses and possibly find a cure.

USA

The U.S. government and public health experts are considering taking the help of private companies to aggregate anonymous smartphone location data to combat the virus. Talks are underway with Google and Facebook to track the infection. It could be a powerful tool to pinpoint the next hotspot or allocate health resources.

South Korea

When COVID-19 reached South Korea, anxiety was coupled with a bout of coding. Multiple apps have come into existence which help track the spread by sourcing data from publicly available government information. A person using the “Corona 100m” app can determine their proximity to the coronavirus patient. The government is also distributing smartphone alerts about the movements of people who have tested positive.

Singapore

Singapore has adopted a different method to tackle the pandemic. Thousands of people have imposed self-quarantine since the initial days of the outbreak. People required to isolate themselves are called multiple times a day and asked to click an online link to share their phone’s location. With officials successfully tracking infected individuals, this method proved to be effective. The Singapore police force is using CCTV footage to trace contacts and draw up lists of people who could be possibly exposed through interviews.

Iran

Iran’s official COVID-19 detection app “AC19” was removed by Google from the Play Store. Several users had accused the Iranian government of using the coronavirus as a means to scare citizens and tricking them into installing the app which was then used to collect phone numbers and real-time geo-location data. The most probable reason the app was taken off the Play Store was its misleading claims. It asserted that it could determine whether an individual had contracted COVID-19 or not. The app could not perform a diagnosis in any sense.

Israel

Israel is set to use its ‘anti-terror’ technology to counter the virus. Cyber monitoring would be deployed to track individuals who tested positive in real-time through their mobile phones to catch breaches in quarantine.

Social Media in a Time of Social Distancing

During a pandemic, there are two things we have to be vary of; the disease itself and the misinformation it creates. When every 2nd notification is an update or speculation about the virus, it becomes difficult to step away, and yet be aware. The sheer mass of posts has a tendency to fuel fear and racism, yet also hope.

On the one hand there is the problem of rumors and fake news, but on the other there is a paucity of information and the issue of censorship by authoritarian governments. Both construct dangerous false narratives. Stringent responses are being taken for each situation, but for very different intents:

  • To curb misinformation
  • To control what information goes out in the world

The World Health Organization (WHO) in a situation report dated 2nd February 2020, coined the mass of information as an infodemic.

“The 2019-nCoV outbreak and response has been accompanied by a massive ‘infodemic’ — an overabundance of information — some accurate and some not — that makes it hard for people to find trustworthy sources and reliable guidance when they need it.”

To curb this peril, Google has scrubbed its searches in an attempt to remove misinformation. A simple Google search now triggers an SOS Alert with links from reputed news organizations. It also brings up a “Help and Information” section with resources from local governments and the WHO. Google also blocked thousands of ads capitalizing on the virus. Similarly, Facebook banned listings of medical face masks on its marketplace due to the exorbitant prices they were being sold at. YouTube also removed a host of hoax videos and cure claims from their site. Ads have been removed from videos by verified accounts that are meant to inform and educate citizens.

On Chinese social media, information on COVID-19 is being tightly controlled. Censorship of coronavirus related content started from early stages of the outbreak and continued to expand. It blocked a wide range of speech depending on the platform. From personal accounts, warnings, criticism of the government and even officially sanctioned facts and information.

  • YY, a live-streaming platform in China blocked keywords related to the outbreak.
  • WeChat, broadly censored coronavirus-related content which could be critical or neutral. This included references to the late Dr. Li Wenliang who gave the first warning of the outbreak. Any comments on the Chinese government’s efforts on handling the outbreak, even facts, were censored.

However, with the barrage of information shared by Chinese social media users, the government was pressured to put out more accurate numbers and official warnings. Some of the personal accounts by doctors and medical professionals that did get through the censors, gave journalists worldwide an idea of ground realities to monitor its progression.

Tech Disruptors adapting to a Disrupted Life

Established models are being evaluated. Empty shelves in stores implies that the supply chain is being tested. Situation-based preference shopping is observed. Panic influenced buying patterns point to extreme mathematical models which AI and the IT sector are trying to solve. With millions of people working from home, the strength of online platforms is being tested, productivity channels are being rewritten, and techniques reworked. Some tech companies are playing their role in easing us into this interim lifestyle:

  • Microsoft rolled out updates on Teams to make it available to companies for free for six months in an effort to help remote productivity during the outbreak. It is also licensing Office 365 E1 free for six months.
  • Zoho Corporation allowing its WFH tool ‘Remotely’ to be used for free till July
  • Cisco ‘s remote working tool ‘Webex’ can now be used for 90 days under its free license
  • Google is set to roll out Advanced Hangouts Meet Conferencing to all G Suite customers for free
  • Edtech platform BYJU’S is letting students from grades 1–12 download and access the programs on their Learning App free of cost till the end of April.
  • Online tutoring platform, Vedantu, has made its learning platform free for all students, teachers, and schools.

Here’s hoping dystopia remains just a popular Netflix genre and we emerge from this crisis with a lifetime of lessons. Don’t forget to wash your hands.

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:

Signzy

Written by an insightful Signzian intent on learning and sharing knowledge.

 

Impact of RBI’s NSFI report on Different Indian Business Sectors

Need For Financial Inclusion

The Reserve Bank of India (RBI) has intricately planned out an ambitious strategy for financial inclusion till 2024. The National Strategy for Financial Inclusion report aims to fortify the ecosystem for various modes of digital financial services in order to create the necessary infrastructure to move towards a less-cash society by March 2022. While charting out the report for the period 2019–2024, RBI said, “Financial inclusion is increasingly being recognized as a key driver of economic growth and poverty alleviation the world over.”

Similar to the conventional banks, other institutions like payments banks, small finance banks, co-operative banks and other entities such as fertilizer shops, fair price shops, should encourage the use of digital transactions to uphold efficiency and transparency. The NSFI report outlines the need for increasing the reach of banking outlets of scheduled commercial banks, payment banks, etc to provide banking access to every village within a 5 km radius and at least 500 households in hilly areas by March 2020.

The increased global recognition and United Nations Sustainable Development Goals (SDGs) empower financial inclusion as a pivot for achieving sustainable development across the globe, countries are developing strategic policies to increase access and usage of formal financial services.

One of the key objectives of the World Bank is to achieve Universal Financial Access by 2020 (UFA 2020). The intent behind this is to provide adults who currently aren’t part of the formal financial system, with access to a transaction account to store money, send and receive payments to manage their financial lives. (Universal Financial Access 2020, 2018)

To achieve this ambitious goal, the World Bank Group has committed to enable one billion people to gain access to a transaction account through targeted interventions.It also works with countries to fortify the following primary building blocks:

  • public and private sector commitment
  • initiation of legal and regulatory framework
  • strengthening financial infrastructure
  • interaction with regulatory bodies on a global scale to provide guidelines that will enable access to transaction accounts.

Objectives of Financial Inclusion:

  • To provide awareness and enlighten customers on financial services, procuring various types of products and their highlights.
  • An objective has been defined where every eligible & consenting adult enrolled under the Prime Minister Jan Dhan Yojana, will be provided with an insurance scheme and a pension scheme by March 2020.
  • Change attitudes to translate knowledge into behavior.
  • Help consumers get a clear understanding of their rights and responsibilities as consumers of financial services.
  • Enhance the reach of banking outlets to provide banking access to every village within a 5-km radius or a hamlet of 500 households in hilly areas by March 2020.
  • By March 2024, every adult should have access to a financial service provider through a mobile device.

Application of Financial Inclusion Across Various Business Sectors

The RBI has drafted the NSFI 2019–24 under the supervision of the Financial Inclusion Advisory Committee (FIAC). The report has been created on the basis of inputs and suggestions from the Government of India as well as other Financial Sector Regulators. The report has also been approved by the Financial Stability Development Council (FSDC).

The NSFI 2019–24 outlines the vision and primary objectives for financial inclusion policies in India to help expand and sustain the process on a national scale. This can be done through a broad convergence of action which includes all the major constituents of the financial sector. As such, certain focus areas have been identified across various business sectors which we will discuss below.

Micro, Small and Medium Enterprises (MSMEs):

  • MSMEs are the primary catalysts that drive the growth of the Indian economy. They contribute nearly 31% to India’s GDP, 45% to exports and provide employment opportunities to more than 11.1 crore skilled and semi-skilled people.
  • An estimated presence of 6.33 crore MSMEs can be located in the country. Several initiatives have been undertaken to enable credit off take in this industrial sector.
  • A special capacity building programme named ‘National Mission for Capacity Building of Bankers for financing MSME Sector’ (NAMCABS) has been devised to familiarise bankers with the entire gamut of credit related issues of the MSME sector.
  • Web portals like the ‘Udyami Mitra’ and ‘psb loan in 59minutes’ have also been launched to provide easy access to credit. Trade Receivables Discounting System (TReDS) platforms have been set up to address the problem of delayed payments to MSMEs. In April 2015, the Pradhan Mantri Mudra Yojana (PMMY), an initiative to finance small business enterprises, was introduced. This was to ensure lending institutions would finance micro entrepreneurs up to ₹10 lakh. The interest subvention initiative has been launched for MSMEs to alleviate the cost of borrowings..

Agriculture:

  • In India, agriculture serves as the source of around 15 percent of GDP, 11 percent of exports and livelihood for about half of the Indian population. The importance of the sector from a macroeconomic perspective is also reflected in the form of bank credit to finance agricultural and allied activities relative to other sectors of the economy.
  • Banks have been mandated specific targets under priority sector schemes to give a thrust to agriculture financing from the formal sector, Currently the target for agriculture lending under priority sector for all domestic scheduled commercial banks and foreign banks having more than 20 branches is 18% of Adjusted Net Bank Credit (ANBC) or Credit Equivalent Amount of Off-Balance Sheet Exposure (CEAOBE), whichever is higher.
  • Within the 18 per cent target for agriculture, a sub-target of 8 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher is prescribed for Small and Marginal Farmers. The banks have been advised to extend collateral free loans to small and marginal farmers upto ₹1.6 lakh. To provide adequate and timely credit support from the banking system under a single window to the farmers for their cultivation & other needs, an innovative product called the Kisan Credit Card Scheme (KCC) was launched in August 1998 as a flexible source of cash credit for easy access and delivery.

Banking:

  • RBI has adopted a bank oriented system to strengthen financial inclusion. The banks were mandated to open branches nationwide especially in under-banked pockets which led to a considerable increase in bank branches and later Automated Teller Machines (ATMs) in the 1990s to early 2000.
  • The banks were instructed to draw up a road map for having banking outlets in villages with population more than 2000 (in 2009) and less than 2000 (in 2012). Consequently, the banks were advised to open brick and mortar branches in villages with populations of more than 5000. The banks were also advised to prepare Financial Inclusion Plans for a period of three years comprising key parameters viz., modes of delivery of financial services, access to Basic Savings Bank Deposit Accounts (BSBDAs) as well as transactions via the BC Channel.
  • To fortify financial inclusion, RBI has relaxed the branch authorization guidelines in 2017 wherein fixed-point Business Correspondent(BC) outlets serving for more than 4 hours a day and five days a week are treated in a similar fashion to branches with physical infrastructure. An exclusive fund viz., Financial Inclusion Fund (FIF) has been created to support adoption of technology and capacity building with an initial corpus of ₹2000 crore.
  • As a measure to improve financial inclusion, RBI has issued differentiated banking license viz., Small Finance Banks (SFBs) and Payments Banks in 2015. The objective of setting up of SFBs was to further financial inclusion by provision of a savings vehicle and supply of credit to small business units, small and marginal farmers, micro and small industries as well as other unorganized sector constituents. This can be done with high technology-low cost operations. Payments Banks have been set up to provide small savings accounts and payments/remittance services to migrant labor workforce, low income households, small businesses and other unorganized sector entities / other users.
  • In order to strengthen the business correspondents(BC) model of delivery and help prospective users to identify BCs having good service track record, the BC Registry has been launched under the aegis of Indian Banks’ Association (IBA). For capacity building and to ensure certain minimum standards of service rendered by the BCs, a BC Certification course through Indian Institute of Banking and Finance (IIBF) has also been introduced.

Insurance:

  • The key initiatives undertaken in the insurance sector include increasing awareness among citizens on the benefits and appropriateness of insurance and enabling greater availability of insurance products (including micro-insurance). This can be done by increasing the number of delivery channels which consist of corporate agents as well as Common Service Centers.
  • Further, with the use of technology, Web Aggregators and Insurance Repositories have been erected to provide ease of access and storage of insurance policy details to enable issuance of insurance policies in an electronic form.
  • Towards the interests of policyholders and also in building their confidence in the system, the institution of Insurance Ombudsman has been created. The objective is to quickly dispose of grievances of the insured customers and also mitigate their problems involved in redressal of their grievances. To protect the interests of policyholders and customers catered to by the insurance companies / intermediaries under the Health insurance segment, separate guidelines have been issued.

Pension:

To monitor and control the National Pension System (NPS) and other pension schemes which are not subject to any other enactment, the Pension Fund Regulatory and Development Authority (PFRDA) was set up under the PFRDA Act, 2013. Some of the key initiatives undertaken in the pension sector include expansion of NPS via increased channels of distribution, developing efficiency of the officials of its intermediaries and increasing the awareness on old age income security and retirement planning. The regulatory authority has also leveraged technology in an effort to drive efficiencies & improve ease of access to NPS for the subscribers and service providers.

Future Scope of Fintechs in NSFI

The policies on financial inclusion would be incomplete if digital financial inclusion and the role of fintechs is not meaningfully integrated. While the Jan Dhan-Aadhaar — Mobile trinity has been a benefactor to Indian economy over the last few years, adequate measures are needed to strengthen the ecosystem for digital financial services, including increased awareness on usage of digital modes of transactions, increased access points/ acceptance infrastructure and a safe environment incorporating the principles of consent and privacy.

Based on the report, it is expected that over the next few years, the fintech space may evolve from its present structure, calling for adequate understanding among regulators, financial service providers and most importantly the customers availing financial services through the digital mode. It is important to primarily address the newly-included digital customers through sufficient awareness and literacy.

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:

Signzy

Written by an insightful Signzian intent on learning and sharing knowledge.

 

India’s fastest growing Identity Verification company Signzy partners with Apriori for data aggregation services.

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

 

Oracle Financial Services Hackathon – Ankit Ratan, Co-Founder, Signzy

https://youtu.be/ElxYD-8h7m4

Oracle Financial Services is powering innovation with industry leading platforms built on modern, open and intelligent technology. We are reimagining banking by bringing together 13 FinTechs startups to be part of it at the Demo Pitch Day at Oracle Industry Connect 2018.

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:

Signzy

Written by an insightful Signzian intent on learning and sharing knowledge.

 

August: Recent News & amp; Updates from Signzy

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

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:

Signzy

Written by an insightful Signzian intent on learning and sharing knowledge.

 

1 6 7 8 9