Signzy aims to make digital regulatory processes simpler, secure and more compliant. For a business, Signzy is useful as it allow it to take all its offline merchant on-boarding online thus saving time and cost.
Signzy is creating APIs, which will allow financial service companies to make their regulatory processes like compliance with KYC norms and AML/CFT guidelines decentralized and secure. It is a web and mobile technology for secure and easy on boarding of a digital customer enabled by biometrics and advanced cryptography including a proprietary technology for background checks and Anti – fraud measures. Further, it’s able to detect digital forgery of documents which go undetected by human eye. Face recognition algorithms help prove ownership, thus removing the need for an in-person verification. The subsequent agreements can be executed online using biometric signatures.