Fintech APIs
Digital Onboarding

Digital Onboarding of customers is an entirely digitized process. With digital onboarding in banking,new customers can sign up online quickly and

Features
Signzy’s Digital Onboarding Solutions
1
Generic Onboarding (GO): First of its kind, Signzy’s Generic Onboarding Solution is designed with a vision to digitally onboard 80% of global users with minimal human intervention by offering a platform that allows the creation of completely customizable journeys across use-cases.
2
Merchant Onboarding (MO): Signzy’s Merchant Onboarding solution enables to onboard a merchant in lesser time with proper due diligence has always been the prime objective for every acquirer in the market.
3
Investor Onboarding (IO): Signzy is the first to implement a remote Investor Onboarding Solution. This solution also supports integrating 3rd party distributors/channel partners via an Orchestrated Distributor API, custom-built for the AMC.
Signzy’s 3 Digital Onboarding Differentiator Capabilities
SMART App 2.0 – The Front-End Onboarding App can retrieve real-Time Data Pre-population from Authentic Data Sources, real-time Aadhaar Verification & Redaction, liveness detection, etc., which increases the efficiency of FoS by 80%.
AI Rule-Engine – The AI-Driven Decision Rule Engine supports client-specific rules which are completely customizable. It helps identify STP/ NSTP cases and, thus, reduces Back Office efforts.
BackOps Dashboards – The Dashboard helps get a summarized and detailed view of all applications. It also shows Verification status, face match score, risk score, etc., helping role-based access. Thus enabling real-time decisions.
Solution Benefits

80% Lower cost of acquisition

73% Reduction in TAT

3x Increase in business efficiency

90% Reduction in digital fraud

100% Compliant with all the regulations

10x Return over investment
Impact of Signzy’s Digital Onboarding Solution
Sales Efficiency
- Real-time data pre-population to eliminate manual form filling
- Enhanced RM efficiency to result in significant incremental revenue
- Overall Onboarding TAT reduced by 73%


Operations Efficiency
- High Data Accuracy to possibly eliminate Junk Data
- Customizable rules for adapting to changing regulatory compliances
- Back Office overheads to get reduced by 60%
- STP flow to reduce manual eye-balling efforts by 75%
IT Efficiency
- Integration with LMS, CRM, and Central DBMS
- Instant MID creation and vastly reduced data entry time
- Dynamic forms to save time & effort for new product developments
- Modular architecture allows flexibility and supports scalability
