The world is undergoing a shift from offline to online medium! With the rapid advancements in technology, going digital has been the motto for each and every industry. Also, Covid-19 has escalated the transition more than ever before. The devastating pandemic has been a wake-up call for the entire world to shift its businesses to the digital space. Businesses across the globe suffered huge losses due to several reasons, one of the major reasons being the fear of customers stepping out of their houses in order to purchase anything or to carry on with any other activity in person. For some industries, making the huge change has been quite smooth and efficient, however; several risks endangering the financial institutions have made it difficult for the banking sector to adapt to the new environment with open arms. Increasing technological innovations with digital identity verification is the key to transform the banking industry. ID verification using AI and ML can provide a smooth, seamless, and a secured process of verifying identities, making e-banking successful! 

AZYO is the solution that every bank really needs! It is the market leader in automated identity verification. Banks all over the world can highly benefit from incorporating digital id verification solution as it would keep the scammers away and make digital banking successful in every aspect possible. E-Onboarding allows customers to open bank accounts without having to wait for hours at banks, and with all the time-taking procedures. The banking sector proves to be the topmost target of scammers and fraudsters all across the globe. With identity fraud on a rise, it is imperative to make the customers undergo in-depth identity verification to ensure they are who they say they are.
 

AZYO helps banks to meet KYC & AML compliance! AZYO’s automated ID verification solves the biggest problem of verifying identities at a large scale, remotely, and in real-time.

AZYO leverages cutting-edge technologies in its solution. 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, AZYO is consistently evolving to verify identities and prevent fraudsters.

Researchers at AZYO have developed the most advanced Facial Recognition Technology. It is one of a kind and outstanding because it leverages Deep Convolutional Neural Networks &  Powerful Graphics Processing Units which is capable of analyzing, verifying, and authenticating any human face on our planet.