The car-sharing services have become popular lately, especially among the would-be car owners who want to own cars but find it more economical to rent a car instead! As we all know, digital transformation has been going on from a while, with various advancements and innovations every day, it has become a priority to be up to date with the modern techniques of operations. In urban areas, renting a car is considered an economical choice but the long wait with tons of paperwork, and verification of documents is not seamless.

Car rental companies refers to the businesses that rent or lease cars to people according to their preference and budget. However, proper identification of  customer renting or leasing the car along with the driver’s license or passport is a must!!

With so much demand every day, car rentals are witnessing a massive growth, and ultimately contributing to the overall spike in automobile sector. Long wait and paperwork is definitely a turnoff for customers, hence smart rental companies have gone completely digital with car renting apps/website to simplify and ease the process of renting cars. Opting for digital modes for renting cars seems to appeal the customers, but digitalization also causes cyber threats which is unavoidable. When customers rent cars online, they have to give provide their personal details as well as credit card information (which is highly confidential). 

Rental thefts are very common which occurs with the help of stolen identity documents! Manually verifying an individual is a hectic task, specially when they’re leasing or renting the cars online through apps or websites!! 

Moreover, fraudsters are catching up with the advancements in technology and they are getting sophisticated with their tactics. Bad actors exploit personal/private data for personal and financial gains if they are able to gain unauthorized access in the system. Not just the customer’s data security becomes an issue but the company’s reputation can be spoiled. 

AZYO Automated Identity Verification is the solution to all such problems. 

AZYO leverages cutting-edge solutions for quick and easy on-boarding of customers. Instead of having to stand in long queues for paperwork and documentation, AZYO provides an exemplary solution to verify anyone, anywhere and anytime with the power of Convolutional Deep Neural Networks, Powerful Graphical Processing Units, Advanced Machine Learning Algorithms, AI-Driven Automation, Real Optical Character Recognition, Blockchain, Facial Recognition & Liveness Detection.

Not only a smooth, robust, and user-friendly platform, but a developer-friendly interface is developed for the businesses to easily integrate AZYO’s solution to either homegrown or any 3rd party applications.