Latest news with #conversionrates
Khaleej Times
11-07-2025
- Business
- Khaleej Times
UAE's banking evolution accelerates with Signzy solutions
Paper-based business verification is killing your conversion rates. Learn how UAE banks use Signzy to approve customers instantly At Signzy, a global RegTech company, we work with banks and financial institutions across the world every day. With over 1400+ clients globally and 340+ financial institutions using our platform, we're processing 10 million+ business onboardings monthly at a 99% success rate. But the UAE presents a unique challenge. It's become a melting pot of global businesses - companies from 190+ nationalities are rushing to establish operations here. While this creates incredible opportunities for the banking sector, it also brings unprecedented onboarding complexity. For banks to work with any business, they must figure out tedious onboarding processes with almost impossible lengths of documentation and underwriting. The more complex the business structure, the more complex the onboarding becomes. And guess what? Delay in onboarding = Delay in business = Loss of revenue. Even data backs this equation. Before we bring up the solution, let's first understand how inefficient onboarding slows down digital banking in the first place. Why business onboarding lags behind digital banking UAE banks have transformed how banking works. Payments happen instantly. Risk gets managed automatically. Credit decisions happen in real-time. But business onboarding operates differently. The complexity factor: When a UAE customer sends money, it's straightforward. When a business applies for an account, you need to understand their entire global structure. The verification factor: Digital payments verify account numbers. Business onboarding verifies ownership chains that span multiple countries and legal systems. The compliance factor: A payment transaction follows clear rules. Business onboarding must navigate different regulatory frameworks for each country involved. The documentation factor: Digital banking processes structured data. Business applications come with documents in different languages, formats, and legal requirements. When businesses from other countries want to establish UAE operations, each brings unique structural complexity that standard digital processes weren't designed to handle. This is where specialised digital onboarding becomes essential, taking the efficiency of digital banking and applying it to the complexity of international business verification. How Signzy bridges the gap Signzy is solving this exact problem. We built our digital onboarding solution specifically for UAE and Middle East banks - not some generic global platform, but something that actually understands how business works here. Think about it: Your digital banking works perfectly for payments and risk management. Why should onboarding be different? With Signzy, you get: Set AI-powered custom rules - Every business is different, so our AI Rule Engine adapts gracefully to handle whatever complexity gets thrown at it 150+ data sources working instantly - We tap into official government databases, international registries, and global watchlists to verify any business structure in real-time Information on all business layers automatically - Our technology digs through complex ownership structures and maps every entity in real-time, no manual work needed Algorithmic risk intelligence to catch what humans miss - Our system analyses social media, news, court cases, and traditional sources to spot hidden connections and red flags automatically Sophisticated forgery detection built-in - Advanced image analysis catches fake documents, altered signatures, and manipulated business certificates before they fool your compliance team Proactive fraud detection, not reactive - Instead of discovering problems after onboarding, we identify suspicious patterns and risky entities before they enter your system A global standard onboarding - UAE and Middle East banks can deliver onboarding experiences that actually match what their international clients expect The difference is simple: instead of your team spending weeks trying to trace a UAE business back through Singapore, US, and European entities, our platform maps the entire structure in minutes. When you can verify any global business structure instantly, you can actually compete for the sophisticated clients flooding into UAE markets. Your compliance stays bulletproof, your customers get onboarded fast, and your team focuses on actual banking instead of playing detective with corporate documents. What this means for UAE banking Look at what's happening here. The UAE brought in $30 billion in foreign investment last year. Dubai business licenses are up 72% just month-over-month. Abu Dhabi's seeing 16% more registrations. That's a massive pile of new businesses that need bank accounts. Each one is potential revenue walking through your door. Each one that gets frustrated with your slow process walks right over to the bank down the street. "Global businesses are entering the UAE at an unprecedented pace. Banks are eager to onboard them, but manual processes create friction and risk. Signzy bridges this gap with a fast, compliant, and fully digital onboarding experience," said Arbaz Uddin, national manager at Signzy. Some banks here already figured this out. Guess who's getting all the good clients? Pretty soon, being able to onboard businesses quickly won't make you special. It'll just be what customers expect. Like having an ATM or a website. If you're ready to bring the same digital efficiency to business onboarding that you have with payments and operations - see how Signzy can help.
Associated Press
03-07-2025
- Business
- Associated Press
The Secret to More Sales? Store Design
Design-Driven Success: Sellvia Shares How Store Appearance Boosts Sales IRVINE, CA / ACCESS Newswire / July 3, 2025 / Sellvia, an ecommerce ecosystem that has already helped more than 1,500,000 people worldwide launch their own online businesses and start making side income hassle-free, is highlighting one powerful truth backed by 15 years of experience: design matters - a lot. Attractive and responsive design isn't optional - it's the fastest path to more sales, according to Sellvia's findings. The way an online store looks and functions directly affects how customers behave. That's why Sellvia constantly refines and tests its store designs across internal projects before offering anything to its clients. This approach allows them to provide proven, data-backed themes that aren't just visually appealing but also highly effective. Even small but meaningful design tweaks - when done right - have been shown to increase conversion rates dramatically. Internal data shows that stores optimized through Sellvia's strategies often record sales growth of 40-60%. For those starting side businesses, that kind of boost makes a real difference. Every turnkey store from Sellvia follows a simple, yet powerful formula: visually attractive and convenient to use. It's not just about beautiful banners or sleek layouts - it's about creating a comfortable shopping experience that helps customers trust the store and complete their purchases. With everything built to perform from day one, Sellvia users get a brilliant design without the hassle - the platform handles the technical work, so entrepreneurs can focus on growth. As e-commerce becomes a key source of income for more people worldwide, accessible and conversion-focused design is no longer a luxury - it's a must. With a track record of success and a growing community of business owners, Sellvia continues to empower everyday people to take charge of their future and start building something meaningful, one store at a time. Visit Sellvia's blog and site - boost your sales via design. Contact Information Anna Razumovskaya Head of Brand Development Department [email protected] SOURCE: Sellvia LLC press release
