Accelerated KYB for Streamlined Compliance
The majority of frauds in banking are due to human complicity. Identifying high-risk clients and business associates is pivotal for safeguarding a company’s reputation.
Utilizing state-of-the-art artificial intelligence, our onboarding technology imbues document and data processing with human-equivalent cognition, while maintaining uncompromising security standards.
Accelerated KYB for Streamlined Compliance
The majority of frauds in banking are due to human complicity. Identifying high-risk clients and business associates is pivotal for safeguarding a company’s reputation.
Utilizing state-of-the-art artificial intelligence, our onboarding technology imbues document and data processing with human-equivalent cognition, while maintaining uncompromising security standards.
Secure, compliant and scalable video KYC
The Reserve Bank of India made an amendment on January 9,
2020 to the KYC norms allowing banks and other lending
institutions regulated by it to adopt a Video-based
Customer Identification Process (V-CIP) as a consent-based
alternate method of identity verification for Customer
Onboarding.
Signzy Video KYC is being used to onboard over 150,000
customers every month by SEBI-regulated institutions. This
solution has matured over dialects, browsers and
low-internet scenarios. Read more about our solution here.
Secured digital contracts enabled by biometrics
Digital contracts are well suited to facilitate the re-engineering of business processes occurring at many firms involving a composite of technologies and business strategies that aids the instant exchange of information. The digital contracts have their own merits and demerits. On one hand they reduce cost, saves time, fasten customer response and improve service quality by reducing paper work, thus increasing automation. On the other hand, since in electronic contract, the proposal focuses not on humans who make decisions on specific transactions, but how risk should be structured in an automated environment. Therefore the object is to create default rules for attributing a message to a party so as to avoid any fraud and discrepancy in the contract.
Algorithmic risk intelligence
Current systems lack ability to analyse online BIG Data. Our algorithms analyze traditional + non-traditional sources – social media, news, court cases etc. creating intelligent linkages between entities thus providing detailed due-diligence algorithmically in realtime.
