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EXCLUSIVE PRESS

Signitory: How Everything from Banking to Shopping Will Be Powered by eKYC in the Future

12/10/2021 11:38 AM

KUALA LUMPUR, Oct 12 (Bernama) -- Not long ago, people in their forties and fifties might have believed it impossible to transact without a signed paper trail complete with government identification. As a leading blockchain-based eKYC enabled electronic signature solution provider, the team at Signitory has been expecting this shift. That perception is being brushed aside today as more people adopt eKYC based digital signature solutions to ensure commerce and business continuity for ages.

"A vital component of business and finance is the ability to onboard customers through digital means. This technology is called eKYC or electronic Know Your Customer, which is to know your customer's identity and in some cases their financial background before signing contracts," said KC Lai, CEO of Signitory. "It helps bring validation to business, and in future, we see everything from banking to shopping powered by eKYC."

 


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