Amrit Satpathy
Ecosystem Manager
Welcome Signzy to the NayaOne Marketplace. Signzy’s online identity verification service is now accessible to a range of financial institutions to discover and evaluate through NayaOne’s Digital Transformation Platform.
Signzy aims to solve the requirement by banks and financial institutions to quickly and effectively verify new business and individual customers. It offers a unified platform to fulfil all their verification needs across 200 countries and jurisdictions. This enables seamless client onboarding, AML screening, transaction monitoring, business verification, document forgery checks, and much more—all within a single, integrated framework.
In the dynamic landscape of banking product development, adherence to Know Your Customer (KYC) and Know Your Business (KYB) checks is essential. However, common challenges that many organisations often face are the limitation of their verification solutions or working with different solution providers and integrating them into their existing stack.
Signzy’s AI-powered verification platform is a robust ally for FIs, providing global capabilities at an affordable rate. Financial institutions can streamline user verification across any use case, such as account opening, card or loan issuance, insurance, payments, and open banking.
Signzy’s key benefits include:
- Effortless onboarding of users from 200+ countries with minimum friction and maximum conversion.
- One-stop shop for all the verification and fraud prevention needs.
- A cost-effective solution with a simple and affordable payment structure.
All of Signzy’s offerings are readily accessible through NayaOne’s Sandbox-as-a-Service Platform as white-label propositions, seamlessly integrating with existing technology stacks to support.
Client Case Study: The Time Needed to Open a New Bank Account Reduced to Only 2 Minutes
Signzy works with 500+ FIs globally, including Citi, HSBC, HDFC Bank, and SBI. Across these clients, they onboard 10 million+ new users every month while reducing time and cost per application by 90%, ultimately increasing conversion rate and productivity for the FIs.
What earlier took banks hours to open an account, after onboarding Singzy into the system, now only requires 2 minutes. With its robust fraud checks, scam applications reduced significantly, while valid applications are being directly accepted without manual intervention.
Financial institutions today face challenges in finding an affordable partner that can provide truly global capabilities in verifying their customers. Whether it's KYC, KYB, AML, or fraud checks, Signzy's AI-powered verification solutions can automate the entire customer onboarding experience. With NayaOne, we aim to shape the future of digital identity and enable financial institutions to expand and grow while mitigating risks, and to support NayaOne’s mission to bring bank-fintech partnerships to drive innovation via its Sandbox-as-a-Service Platform.
Shivam Agarwal
Head of Partnerhips, Signzy
Welcome Signzy to the NayaOne marketplace. Signzy supports banks and other financial institutions in managing their customers' digital ID verification. Their digital IDV empowers these institutions to deliver tailored solutions, drive efficiency, and reduce KYC/KYB risks. Signzy is now an invaluable asset to our tech marketplace, and its solution is accessible to a broader range of financial institutions for discovery and evaluation via NayaOne.
Oli Platt
Product and Marketplace Manager, NayaOne
Signzy provides best-in-class digital onboarding solutions to global financial institutions across multiple use cases, such as account opening, card issuance, loan origination, etc. They bring APIs pre-integrated into our stack which acts like a one-stop shop for global Identity verification, business verification, bank account verification, OCR, AML/CFT, fraud, and forgery checks. Signzy has over 500 clients across multiple industries and partners like Mastercard, Salesforce, and Microsoft.
