{"id":34572,"date":"2021-01-07T18:46:57","date_gmt":"2021-01-07T18:46:57","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=34572"},"modified":"2021-01-07T15:45:21","modified_gmt":"2021-01-07T15:45:21","slug":"amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities","title":{"rendered":"Amazon, Aella to offer unbanked Nigerians access to credit facilities"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.com\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.com\/nigeria\">Nigeria<\/a>. <\/strong><\/span>Nigerian single-point financial service and payment solution provider, Aella App, is working with Amazon Web Services, Inc. (AWS) to empower unbanked Nigerians through quick access to credit and other financial services using Amazon Rekognition for identity verification.<\/p>\n<p>Amazon Rekognition, is a fully managed computer vision service that enables developers to analyze images and videos for a variety of uses, including face identification and verification, media intelligence, custom industrial automation, and workplace safety.<\/p>\n<p>With the lack of application programming interface (API) infrastructure that allows the real-time verification of government identifications in Nigeria, Aella App is about to change the fintech ecosystem by taking advantage of cutting-edge AI technologies and using biometric identity verification on its mobile application, improving the accuracy of facial verification by over 40 per cent.<\/p>\n<p>On the collaboration with Amazon Web, the CEO of Aella App, Akin Jones said:<\/p>\n<p>\u201cWith only 38 per cent of Nigerians who have no form of identification, we realised that a vast majority of the population were being left out of financial services, taking away their financial independence and leaving them on the fringe of building bankable credit ratings.<\/p>\n<p>\u201cOur job as a fintech organisation is to come up with more creative ways to bring more people into the ecosystem, reinforcing our commitment to provide products that democratise financial services, ultimately alleviating poverty and driving economic growth in the country.\u201d<\/p>\n<p>Vice President, Amazon Machine Learning Solutions Lab, Amazon Web Services, Michelle Lee, reaffirmed AWS\u2019s commitment to developing technology that could help tackle some of the world\u2019s hardest problems.<\/p>\n<p>\u201cWe are impressed by Aella\u2019s dedication to driving financial independence for the under-banked. With the fintech ecosystem in Nigeria accounting for 1.25 per cent of retail banking revenues, it is clear that there is an opportunity to continue democratising financial service access for all.<\/p>\n<p>\u201cWe are proud to work with Aella as they strive to ensure everyone, from individuals to small business owners, are not left without financial support.\u201d<\/p>\n<p>Opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Nigerian single-point financial service and payment solution provider, Aella App, is working with Amazon Web Services, Inc. (AWS) to empower unbanked Nigerians through quick access to credit and other financial services using Amazon Rekognition for identity verification. Amazon Rekognition, is a fully managed computer vision service that enables developers to analyze images [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":34571,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,28,31,26],"tags":[2344,2342,1570,2140,2345,2343,254],"class_list":["post-34572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","category-twitter","tag-aella","tag-aella-app","tag-africa-press","tag-africa-press-nigeria-2","tag-amazon","tag-credit-facilities","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Amazon, Aella to offer unbanked Nigerians access to credit facilities - Nigeria<\/title>\n<meta name=\"description\" content=\"Nigerian single-point financial service and payment solution provider, Aella App, is working with Amazon Web Services, I ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon, Aella to offer unbanked Nigerians access to credit facilities\" \/>\n<meta property=\"og:description\" content=\"Nigerian single-point financial service and payment solution provider, Aella App, is working with Amazon Web Services, I ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-07T18:46:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/01\/img-5ff72c5f290cb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"387\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Amazon, Aella to offer unbanked Nigerians access to credit facilities\",\"datePublished\":\"2021-01-07T18:46:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities\"},\"wordCount\":338,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/01\/img-5ff72c5f290cb.jpg\",\"keywords\":[\"Aella\",\"Aella App\",\"Africa Press\",\"Africa Press-Nigeria\",\"Amazon\",\"credit facilities\",\"Nigeria\"],\"articleSection\":[\"all news\",\"homepage-english\",\"Miscellaneous\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/amazon-aella-to-offer-unbanked-nigerians-access-to-credit-facilities\",\"name\":\"Amazon, Aella to offer unbanked Nigerians access to credit facilities - 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