Channel partner use cases

Considerations for best usage by partners

1min

This proposal is being submitted by Signzy to Bank, with the intent of collaborating with Bank's channel partners. The proposal outlines the potential benefits and features of Signzy's No-code API Orchestrator, which will be utilized by Bank's customers, the channel partners, through the exposed APIs.

Responsibilities

  1. Customization and Integration: While Signzy's No-code API Orchestrator offers a comprehensive range of functionalities, it is important for Bank's channel partners to carefully assess their specific requirements and ensure they use the platform capabilities to align seamlessly with their business processes. Customization of flow and integration with the existing systems of the channel partners may be necessary for optimal implementation.
  2. Regulatory Compliance: The collaboration between Bank, Signzy, and the channel partners involves the exchange of sensitive data, which may be subject to various regulatory frameworks. It is the collective responsibility of all parties involved to ensure compliance with all relevant laws and regulations governing data privacy, AML, KYC, consumer protection, and other applicable requirements.
  3. Data Security: The security and confidentiality of customer information and financial data are of utmost importance. Bank, Signzy, and the channel partners must jointly prioritize data security by implementing robust measures to protect against unauthorized access, data breaches, and ensuring adherence to industry-standard encryption protocols.
  4. Testing and Quality Assurance: Before making the system live and accessible to the channel partners, thorough testing and quality assurance should be conducted. This process will help identify and rectify any potential issues, bugs, or vulnerabilities, ensuring a stable and reliable platform.
  5. Continuous Support and Maintenance: Signzy commits to providing ongoing support and assistance throughout the implementation and post-deployment phases. However, Bank and its channel partners should establish clear communication channels and promptly report any concerns to facilitate timely resolution and support.
  6. Third-Party Integrations: In case the No-code API Orchestrator is integrated with bank services and third-party services or platforms, it is essential for Bank's team (channel partners team) to verify the compatibility and reliability of these integrations. Regular monitoring and maintenance of these integrations are crucial for seamless operations.
  7. Ownership and Delivery: Signzy takes full ownership of the delivery of the proposed solution and will work closely with the Bank to ensure successful implementation. This includes technical assistance, training, and documentation to facilitate a smooth onboarding process for the channel partners.
  8. Confidentiality: All parties involved in this proposal should exercise utmost confidentiality and not disclose any sensitive or proprietary information to unauthorized entities or individuals.

Please note that this proposal is not a legally binding agreement. Any formal contractual arrangements will be established through a separate agreement between Signzy-Bank and Bank-channel partners, outlining the specific terms, responsibilities, and obligations of each party.