Updates from Signzy

Updates from Signzy and a few useful reads from around the fintech world

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.

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

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