On February 26, zypl.ai unveiled AION, an innovative AI-driven credit bureau designed to analyze data and assess borrowers.  The presentation took place during an exclusive gala dinner attended by representatives from the banking, technology, and innovation sectors.

During the event, zypl.ai signed a memorandum of cooperation with Tajikistan's largest financial institutions, including VATAN ICT, MDO Humo, MDO Imon International, International Bank of Tajikistan, Kommerzbank of Tajikistan, Aktiv Bank and epsilon3.ai.

The agreement aims to integrate cutting-edge AI technologies into the credit sector, enhancing borrower assessment accuracy, reducing risks, and improving access to financial services.

How AION transforms credit analysis

Presenting AION, zypl.ai founder Azizjon Azimi explained how it revolutionizes credit analysis.  Traditional credit bureaus rely solely on credit history, whereas AION evaluates hundreds of factors simultaneously, allowing for highly accurate predictions even for individuals without a conventional credit history.

AION’s key feature is its AI-powered scoring system, which instantly assesses a client’s creditworthiness. Unlike traditional methods, it considers transactions, digital footprints, and assets in addition to credit history, resulting in more reliable forecasts.

The platform also includes biometric verification, which helps confirm a client’s identity and prevent fraud.

The role of Lucid and zGAN technology

A significant part of the event highlighted the Lucid platform, an AI-powered solution by zypl.ai that enables businesses to develop and deploy AI models without programming or advanced machine learning expertise.

Lucid helps businesses of all sizes integrate AI into their operations quickly. Additionally, zGAN technology allows for data augmentation, generating synthetic data when there is an insufficient amount of real-world data.

With AutoML tools, users can customize AI models without coding or lengthy development processes.

Launch of Area AI – an international AI hub

The event also featured the announcement of Area AI, the region’s first artificial intelligence technology park. The hub will include AI Academy for training specialists, R&D Lab for testing AI algorithms and Startup Incubator to support AI-based companies

A key part of Area AI’s infrastructure will be data centers with powerful computing resources.  Additionally, the Regional AI Center will facilitate collaboration between government, business, and academia to advance AI both within Tajikistan and internationally.

The project’s ultimate goal is to establish Tajikistan as a global AI hub and promote cutting-edge technologies on the international market.

Area AI is set to launch in Dushanbe and Khujand.