Practical testing of SİMA products available at the AzInTelecom stand at the Banking Forum
31 Oct, 2023

    AzInTelecom LLC, operating under the Ministry of Digital Development and Transport, will participate in the VII International Banking Forum (IBF 2023), which will be held in Baku. The company will have a stand as the “Main Sponsor” at the forum, which will be held on November 1-2.

    Within the framework of an event held under the slogan "Reliable, Secure, and Resilient Banking," an exhibition dedicated to innovations in the financial sector will be organized. Useful services and digital products for digital banking by the company will be presented at the AzInTelecom stand. A range of digital solutions will be demonstrated to participants in a practical format.

    Individuals interested in cloud services and products offered by AzInTelecom, such as the Digital Solutions Platform SİMA, which includes the digital signature SİMA İmza, SİMA KYC, and SİMA Pay, can visit the stand and obtain detailed information. Participants will have the opportunity to visit the stand and experience a hands-on demonstration of the SİMA PAY solution, as well as get up to date with the latest developments related to SİMA İmza. They can also acquaint themselves with the operational principles of the SİMA KYC solution, which is already in use. Furthermore, there are plans to conduct a quiz at the stand, with prizes to be awarded to standout participants.

    It's worth noting that the SİMA İmza mobile application, which is part of the SİMA Digital Solutions Platform, has already been downloaded by over 600,000 users. Currently, integration has been completed with approximately 30 institutions, and over 100 more integrations are ongoing. Currently, customers of 6 banks are able to complete various banking operations (such as loan disbursement, debit card ordering, document signing, etc.) using SİMA İmza without leaving their homes, avoiding queues, and without the need for paper documents. SİMA İmza, which is legally equivalent to a handwritten signature, provides a foundation for reducing the workload of banks. Furthermore, citizens can confirm their identity by undergoing identification within the m10 application using the biometric technology of SİMA KYC.