Guaranteed BBVA, a leading bank in Turkey, selects Knomi from Aware

BEDFORD, Mass., December 09, 2021 (GLOBE NEWSWIRE) – Aware, Inc., (NASDAQ: AWRE), a leading global provider of biometric software products, solutions and services, announces a leading bank in Turkey, Garanti BBVA has chosen its Knomi ™ mobile biometric authentication framework to bring secure and remote customer integration and document verification capabilities to its mobile application. This partnership should allow Garanti BBVA to reach new customer markets by reducing the need for customers to visit a branch in person to open new accounts.

As the preeminent banking franchise in Turkey, Garanti BBVA wanted to be able to reach new customers, reduce operational costs and take a leading position in providing hassle-free banking services to its more than 15 million customers. After an exhaustive search for companies offering secure remote integration technologies, Aware was selected for its long-standing position as a leader in the field of biometrics and its expertise in digital integration solutions. Local DVA partner Bilgi Teknolojileri AS, who had been working with Aware for years on their digital integration offerings, helped partner with Garanti BBVA and ensure a successful implementation.

Aware’s Knomi mobile biometric authentication framework provides Garanti BBVA with the secure and convenient mobile integration solution they need to securely enable new bank account openings without requiring customers to go to a physical bank. . With options for facial and voice matching on virtually any mobile device, advanced alertness detection to detect fraudulent activity, highly accurate comparison of selfie-document images and document verification capabilities for over 6 months. With 000 government issued identity documents, Knomi is the Guaranteed all-in-one solution BBVA has chosen to onboard new customers securely and conveniently, from virtually any location.

“We are very happy to have selected Aware for this particular project,” said Burçin Bıkmaz, Director of Digital Retail Solutions at Garanti BBVA. “Knomi is an ideal solution to integrate with our mobile app, providing our customers with a simple and secure method to open new accounts and verify their identity from the comfort of their homes. We had a tight schedule and a number of local regulations to overcome with this partnership, and we are happy to have successfully dealt with them with the help of Aware and DVA.

“Aware’s Knomi is the perfect solution for the Guaranteed BBVA needs,” said Rob Mungovan, Commercial Director of Aware. “With Knomi’s mobile biometric capabilities, Garanti BBVA can expand into new customer markets and facilitate a secure and convenient onboarding experience for new customers. We are delighted that Garanti BBVA has chosen Aware and look forward to a lasting relationship between our companies. “

“We have been working on the concept of digital integration with Aware since 2016,” commented Gokhan Gozutok, Managing Partner of DVA. “Aware has made a huge customization in the workflows to comply with the expected Turkish regulations. Our colleagues at Garanti were very professional and demanding. I am impressed with their level of knowledge every step of the way. I am happy to see that the concept we built with Aware and Garanti BBVA became standard in May 2021. ”

To learn more about Aware’s industry-leading biometric identification and authentication offerings, including Knomi, visit the Aware website.

About Conscious
Aware (Nasdaq: AWRE) is a trusted biometric leader worldwide for providing biometric software solutions and services that enable customers to grow with frictionless mobile biometric identity management. From enrollment to identification, authentication and lifecycle management, Aware enables customers to adopt biometrics and end users to own their identity in a more mobile, remote, operational and contactless world. Its market-leading liveliness detection and multimodal biometric fusion enhance security through fingerprint, face, iris and voice matching algorithms, mobile biometric capture and authentication software, biometric workflows and middleware, and large-scale ABIS. Aware serves clients in a multitude of industries including financial services, business security, healthcare, human resources, citizen identification, border management, law enforcement, defense and intelligence. To learn more, visit https://www.aware.com or follow Aware on Twitter @AwareBiometrics.

About DVA Bilgi Teknolojileri
DVA Bilisim is Aware’s local partner in Turkey. DVA offers local support and maintenance to the biggest banks in Turkey and Azerbaijan.

With around twenty professionals, DVA offers consulting services, project management and implementation of fraud monitoring and digital integration solutions. DVA also provides anti-money laundering, facial biometrics and behavioral biometrics solutions to banks. To learn more, visit www.dva.com.tr.

About Garanti BBVA

Founded in 1946, Garanti Bank is Turkey’s second-largest private bank with consolidated assets of nearly TL 631 billion ($ 71.3 billion) as of September 30, 2021.

Guaranteed BBVA is an integrated financial services group operating in all segments of the banking industry, including corporates, enterprises, SMEs, payment systems, retail, private and investment banks, as well as its subsidiaries in the fields of pension and life insurance, leasing, factoring, brokerage and asset management. , in addition to international subsidiaries in the Netherlands and Romania. To find out more, visit: www.garantibbva.com.tr.

Safe Harbor Warning
Portions of this press release contain forward-looking statements about future events and are subject to risks and uncertainties, such as our expectations regarding our new product. Aware would like to caution you that there are factors which could cause actual results to differ materially from the results shown by such statements, including the risks that (i) current and potential customers will not purchase our new product in the future. quantities that we expect and (ii) our new product is not performing as well as expected due to errors, defects or bugs. We refer you to the Aware documents files from time to time with the Securities and Exchange Commission, in particular the section titled Risk Factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and others reports and documents filed with the Securities and Exchange Commission.

Aware is a registered trademark of Aware, Inc.


        


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