BAKU: AzInTelecom LLC, a company under the Ministry of Digital Development and Transport, is expanding its digital service offerings through the “SIMA Imza” solution, with “GL” OJSC becoming the latest partner to adopt this technology.

According to Trend News Agency, individuals seeking swift and convenient loans can now visit the relevant branch with a gold pledge. Once their loan is approved, they can confirm their identity and sign the loan agreement through “SIMA Imza,” a digital signature solution that employs facial recognition for identity verification. The approved funds are then transferred to the customer’s plastic card provided by “Sizin Lombard.”

The integration of “SIMA Imza” into the loan approval process helps in preventing fraudulent activities, such as obtaining loans under false identities, by utilizing biometric technology. Additionally, the SIMA digital signature offers significant time and cost savings, while also reducing the workload and expenses for financial institutions.

For furth
er details on the SIMA digital solution, interested parties can visit www.sima.az or contact the Call Center at 157.