Websites using Signicat

Okay, let s break down Signicat, covering its overview, revenue, alternatives, pricing, and customer care.

What is Signicat?

Signicat is a digital identity platform. It essentially helps businesses verify and authenticate the identities of their customers online. They offer a suite of tools and services to:

• Identity Verification: Confirming that someone is who they claim to be. This involves checking ID documents, using biometric data (like facial recognition), accessing government databases, and other methods.
• Authentication: Ensuring that someone accessing a service or account is the legitimate owner. This includes methods like two-factor authentication (2FA), passwordless login, and strong customer authentication (SCA) for compliance with regulations like PSD2 in Europe.
• Electronic Signing: Enabling legally binding digital signatures for contracts, agreements, and other documents.
• Identity Orchestration: This is a key differentiator. Signicat helps you create a customized identity flow based on your business needs, risk assessment, and local regulations. They connect to a wide range of identity providers and methods, allowing you to choose the best approach for each user.

Key Benefits Highlighted by Signicat:

• Improved Customer Onboarding: Faster, smoother, and more secure onboarding processes.
• Reduced Fraud: Mitigation of identity theft, account takeovers, and other types of online fraud.
• Compliance: Helping businesses meet regulatory requirements related to KYC (Know Your Customer), AML (Anti-Money Laundering), and GDPR (General Data Protection Regulation).
• Enhanced Security: Stronger protection of user accounts and sensitive data.
• Increased Conversion Rates: By reducing friction in the onboarding process, businesses can see more customers complete their registrations.
• Global Reach: Signicat supports identity verification methods in a wide range of countries.

Revenue Information:

• Signicat is a privately held company, so specific revenue figures are not publicly available.
• However, based on publicly available information from press releases, funding rounds, and industry reports, Signicat is estimated to be a significant player in the European digital identity market, generating tens of millions of dollars in annual revenue. Exact figures require direct contact with the company.

Alternatives to Signicat:

The digital identity space is competitive. Here are some key alternatives to Signicat, categorized by their strengths:

• Global/Broad Coverage:

  • Okta: Well-established identity management provider with a wide range of features, including authentication, single sign-on, and identity governance. Focuses on workforce and customer identity.
  • Auth0 (Now part of Okta): Developer-focused identity platform with strong authentication and authorization capabilities. Good for integrating identity into applications.
  • ForgeRock: Comprehensive identity platform for both workforce and customer identity, with a focus on large enterprises.
  • Onfido: Specializes in AI-powered identity verification, particularly for document verification and facial biometrics. Strong globally.
  • Jumio: Similar to Onfido, focuses on identity verification, with strong document scanning and biometric capabilities.
  • GBG (Loqate, IDology): Offers a wide range of identity verification, location intelligence, and fraud prevention services.

• Europe-Focused:

  • Veriff: Focuses on online identity verification, particularly for high-risk industries. Strong in Europe.
  • IDnow: German company specializing in video-based identity verification and electronic signatures.
  • Criipto: Danish company focusing on secure digital signatures and electronic identities, especially for the Nordic region.
  • BankID (Various National Implementations): In some European countries (especially Nordic regions), BankID systems provide strong digital identity for banking and other services. While not a direct competitor, they are an alternative for authentication.

• Open Source/Developer-Centric:

  • Keycloak: Open-source identity and access management solution. Highly customizable but requires more technical expertise to implement and manage.
  • WSO2 Identity Server: Another open-source option with a broad range of identity management features.

Choosing an Alternative:

The best alternative depends on your specific needs:

• Global vs. Regional Coverage: Do you need to support customers worldwide, or are you primarily focused on a specific region?
• Identity Verification vs. Authentication: What is your primary need? Verifying new users or securing existing accounts?
• Level of Customization: Do you need a highly customizable solution, or are you looking for something more out-of-the-box?
• Integration Requirements: How easily does the solution integrate with your existing systems and applications?
• Budget: Open source may have lower initial costs, but higher setup and maintenance costs.

Pricing:

• Signicat does not publicly list its pricing. Like most enterprise-level solutions, they typically offer customized pricing based on:

  • Volume: The number of transactions (e.g., identity verifications, authentications, signatures) you expect to process.
  • Features: The specific modules and services you require (e.g., ID verification, electronic signing, fraud prevention).
  • Geographic Coverage: The regions where you need identity support.
  • Contract Length: Longer-term contracts may offer better pricing.

• Typical Pricing Models:

  • Pay-as-you-go: You pay for each transaction as you use it. Good for startups or businesses with unpredictable volume.
  • Subscription: You pay a fixed monthly or annual fee for a certain number of transactions.
  • Custom Pricing: For large enterprises, Signicat will often create a bespoke pricing plan based on their unique requirements.

To get accurate pricing, you need to contact Signicat directly and discuss your specific needs. Request a demo and a quote. When comparing to alternatives, be sure you are comparing like-for-like features and volume.

Customer Care Details:

• Website: The Signicat website (www.signicat.com) is the primary source of information.
• Contact Form: You can usually find a Contact Us form on their website to submit inquiries.
• Sales Inquiries: There will likely be a specific contact for sales-related questions.
• Support Portal/Knowledge Base: Signicat likely has a customer support portal or knowledge base with documentation, FAQs, and troubleshooting guides. Ask about access during the sales process.
• Dedicated Account Manager: For larger clients, Signicat may provide a dedicated account manager to provide personalized support.
• Service Level Agreements (SLAs): Be sure to discuss SLAs with Signicat to understand their guarantees for uptime, performance, and response times to support requests. Ask for specifics regarding issue resolution time frames.

Key Questions to Ask When Evaluating Signicat (or any alternative):

• What specific identity verification methods do you support in my target countries?
• What is your fraud detection rate?
• How does your platform handle data privacy and security?
• What is your uptime guarantee?
• What types of support do you offer, and what are your response times?
• Can I see a demo of the platform?
• Can you provide case studies of similar companies that have used your solution?
• What is the total cost of ownership, including implementation, training, and ongoing support?
• What integrations are readily available? What is the cost of custom integrations?
• What is the typical onboarding time?
• What is the process for complying with local regulations in different regions?

By asking these questions, you can make a more informed decision about whether Signicat or an alternative is the right fit for your business.