How they describe themselves: Signicat is the first and largest Identity Assurance Provider in the world. It allows banks to leverage existing customer IDs to connect users, devices and ‘things’ across channels, services and markets – transforming identity into an asset rather than an obstacle.
By ditching manual, paper based processes and replacing them with a combination of digital means to prove the identity, customer on-boarding is accelerated and access to services is made simple and secure. Banks and fintechs can rapidly grow market share, easily acquire new customers, and ensure compliance with financial, privacy and data protection regulations including AML and KYC.
How they describe their product/innovation: At Finovate, Signicat will demonstrate rapid onboarding and digital signing using Signicat Assure and Signicat Sign. Signicat Assure uses a combination of existing national eIDs, digital verification of identity papers (ID cards, passports, utility bills etc), commercial identities (for example Facebook and Google) and other methods to verify an identity. The strength of the assurance lies in combining several methods. Signicat Sign allows customers to sign digital documents, which ensures integrity (that the content is not changed), origin (that the signer can be verified) and non-repudiation (that the sender cannot deny the signature).
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Bus. Dev.: Arne Vidar Haug, VP Bus. Dev., +47 930 60 304
Press: Nicole Louis, Account Executive, email@example.com, +44 20 3824 9207
Sales: Ole Christian Olsson, VP Sales, +47 906 92 318