The future of sign-ups: a 100% individualized experience

By Marcus Bengtsson Published July 31, 2019
hero post

By now, it’s beyond doubt that what people want is a personalized web experience. Even though studies and research about this often focus on personalization in marketing, e-commerce, and fintech, there is no reason to believe that customers will not welcome a personalized sign-up flow — it’s just that no one else has made one yet.

At Regily we are enjoying ourselves with building advanced Machine Learning models to explore previously unexplored territory — how to make signing up a completely individualized experience. Our focus is slowly but steadily shifting from customization and personalization to hyper-personalization and ultimately: 100% individualization.

We’re past the era when AI and Machine Learning were buzzwords, a hype, and something to worry about with doomsday-like prophecies of how machines will take over our jobs (and the world, according to some more pessimistic theories). Machine Learning in its many forms is now a sheer necessity to succeed in today’s tech landscape. For us, that means ML needs to be fully embedded into our framework, as this allows us to meet customers’ increasing demands and expectations online.

The challenge of individualization needs non-human help

Individualized sign-ups, how? You probably ask in awe and excitement. I’m gonna pass the question on to someone who’s more qualified to answer that than me: our Head of Analytics, Natalia Lyarskaya. She says:

First, we need to know the users. That might sound obvious, but to really know them we need to understand how people behave online, and more specifically for us — how they behave while creating an online account.

Sounds cool, but can’t we just A/B test? Well, traditional A/B testing isn’t really scalable. It takes time, human resources, and is limited in terms of how many tests you can run at the same time. Often A also wants some aspects of B, and before you know it you find yourself running tests throughout the whole alphabet.

Natalia elaborates:

"With predictive models, testing becomes more scalable, faster, and bigger as it’s possible to run hundreds of tests simultaneously. When it’s all built in a fully scalable and automated manner, we can keep our experimenting culture but learn much, much faster.”

Taking personalization to the next level

We already offer personalized sign-ups in many aspects based on certain data points, and our rule-based models will tailor the signup journey to that specific user. Now, however, we are taking personalization one huge leap further, heavily relying on predictive modeling.

As of now, we are identifying segments of users and adapting the sign-up journey to that: a user in Sweden signing up from desktop will get a different experience than someone from Indonesia using iPhone. But there’s so much more than that we can do!

Imagine this: We know that a user is in Sweden and uses a stationary computer. What if we also know that she has a slow internet connection, lives in a rural area, is missing two keys on her keyboard and doesn’t have the latest version of Windows? Then we have the other person in Indonesia who has a brand new iPhone, he types really really fast but autocorrects a lot and he flips his device horizontally. These two will experience two very, very different sign-up journeys.

Behavioral data leads the way

With smart architecture and tons and tons of behavioral data like the examples above, we can create advanced models that quickly analyse how people interact with a registration flow down to an extremely detailed level. Which in turn gives us everything we need to know to provide unique experiences for each individual.

Natalia explains.

But let’s not get carried away and be creepy…

It’s always a trade-off to provide the best personal experience without asking for too much data. People can be skeptical to share data about themselves and that’s why we strictly rely on behavioral data only — we do not store any personal data.

I imagine more than a few of you who read this are pretty tech-savvy so let’s dig a bit deeper. Machine Learning, predictive modeling, advanced architecture — it sounds very cool, but what does it mean in practice, really?

Using ML to predict outcomes

With predictive segmentation, we automatically cluster users which makes us able to identify other users with similar behavior and highlight the differences between them. Then we add on predictive models which in turn allows us to move from clustering to creating completely individual journeys. Again, back to Natalia:

One algorithm we love, collaborative filtering, helps our system learn from previous users’ similar behavior. A user with certain characteristics, say one who speaks German, lives in the US, and has an Android phone, gets a specific sign-up journey tailored to those characteristics. The system then tweaks the journey for the next user with the exact same characteristics. And so it goes, the system learns what works best and converts best, and continuously improves the accuracy of the algorithm.

To round it off…

The conclusion is pretty clear: Advanced Machine Learning is Alpha and Omega to create that sweet, sweet personalized online experience that we are all looking for.

Curious about how our tech can grow your sign-ups and increase your likeability? Go to regily.com and request a demo!

More news and updates

ENGLISH
Popular articles
Product

Product Update: New security package with improved deep fake detection

At Checkin.com, we’re committed to providing seamless identity solutions that prioritize security, compliance, and user experience. To continue raising the bar, we’ve recently introduced new features and significant updates to our platform. These enhancements are designed to give our clients the most robust fraud prevention, identity verification, and data protection tools available—all while keeping the […]

ENGLISH
Insights
Popular articles

Checkin.com signs Flighthub for identity verification services

Our software will verify user status for special incentives to travelers We have signed an agreement with Flighthub, a leading North American online travel agency. Flighthub, based in Montréal and launched  in 2012, will identify their travelers using our ID Scanning and fraud detection technologies for identification of end-users to offer them incentives on purchases. Flighthub is […]

ENGLISH
Popular articles
Product

How Checkin.com is Shaking Up the KYC Game: Tailored to Your Needs

In today’s fast-paced digital landscape, customer onboarding isn’t just about verifying identities; it’s about delivering a seamless, secure, and personalized experience that earns trust from the first interaction. At Checkin.com, we go beyond traditional KYC solutions to offer a comprehensive tech stack that transforms customer onboarding into a streamlined, efficient process tailor made and branded […]

Checkin
ENGLISH
Popular articles

The Cost of Compliance: KYC Outsourcing vs. In-house Solutions

In an era of increasing regulatory scrutiny, businesses in the crypto and online gaming industry need to implement efficient Know Your Customer (KYC) and Anti-Money Laundering (AML) processes in their signup flows. In this article, we’ll look at the pros and cons of each from a cost perspective, and help you make the right decision to build 100% compliance […]

ENGLISH
Insights
Product

Speed up compliance with a killer KYC signup flow

Expanding into a new market means dealing with complex KYC (Know Your Customer) and AML (Anti-Money Laundering) laws and implementing localised onboarding workflows, which can quickly become complicated. 9 out of 10 hard-earned users in the financial services industry never complete the registration process because of tedious flows. In fact, according to a Thomson Reuters […]

ENGLISH
Insights
Product

Streamline client onboarding KYC with the right software: A comprehensive comparison

Compliance standards are designed to protect against financial crimes such as fraud, corruption, money laundering and terrorist funding. But just about every week, fines are slapped on iGaming, FinTech, and crypto companies for not meeting regulatory requirements. As compliance becomes more stringent, implementing the KYC verification process becomes more time-consuming and labour-intensive–especially if you want […]

ENGLISH
Product

Localized ID Verification simplifies the user verification and helps onboard more new customers

Localization is one of the critical components for conversion rates in the identity verification process. Therefore, it’s crucial to make the verification flow as smooth as possible for the end users. In order to make the verification process more easy and intuitive, our R&D team is constantly updating and improving our technology based on the […]

Case-studies
ENGLISH
Popular articles

Case study: Admirals

Learn how the leading financial services company has implemented automatic customer identity verification and reduced the registration time down to 6 minutes. “…While even more important we have been able to open up new countries as a result of our ability to successfully verify clients from countries where previously we did not have such an […]

arrow-left arrow-right
cookie icon

By clicking “Accept”, you agree to the use of cookies on this website. Read cookie policy