eCommerce

eCommerce Trending News Sept 13th 2022

Jewel

April 12, 2023

2 min read

Stay informed with our host Jewel John as he reveals essential communication, events, announcements, issues, etc in the eCommerce industry every week. The sole purpose of ENM is to provide retailers and eCommerce merchants like you with trending news in the eCommerce industry. Be it interesting, or even entertaining, always stay informed.

In this week’s roundup we have:

Camilla was proud to present a curated collection of looks from their OUR NATURAL LORE Collection alongside seven leading Australian designers at the Australian Retailers Association #ARAGalaNo1 with Afterpay Australia. Retailers across various sectors came together to celebrate the resilience, brilliance, and innovation of the Australian Retail community.
Overdose’s Chief Data Officer, Kaustubh Joshi and Samantha Cheah, Overdose.’s Data & Analytics Project Lead, unpacked the multiple layers of a great first-party data strategy! KJ and Samantha discussed key trends in consumer privacy, how they’ve been impacting the ecosystem and the various actionable levers that a business should be controlling to get the most out of their customer data.
Tapcart, who helps eCommerce brands on Shopify build mobile apps, is thrilled to launch its Partnership Page for Shopify Partners. They have some incredible BFCM Partner Promo.
Yotpo in association with experts Shopify, Avex, and TULA is conducting a panel discussion on September 14th about transforming shoppers into your brand advocates & building deeper relationships with them.
eCommerce Pride, an initiative founded by the Vervaunt team, has announced its monthly meetup happening on the 22nd of September. They aim to create a safe and welcoming place for the LGBTQ+ community in the eCommerce industry.

Watch and follow the ENM series with Jewel John as he surfs through the eCommerce waves every week, bringing you the best of news from the world of eCommerce — in just under a minute.

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The Evolution of KYC

KYC is a fundamental regulatory requirement aimed at preventing money laundering, fraud, and identity theft. Historically, KYC involved manual verification processes that required customers to submit physical documents, leading to delays and potential errors. The advent of digital KYC has transformed this space, enabling faster, more accurate, and seamless verification processes.

Image courtesy of Vlada Karpovich via Pexels

Vision and Approach

Neokred is at the forefront of this digital transformation, offering cutting-edge solutions that simplify and streamline KYC procedures. Their approach is rooted in leveraging advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain to create a secure, efficient, and user-friendly KYC process.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”

Key Features of Digital KYC Solution

AI-Driven Verification
Neokred uses sophisticated AI algorithms to verify customer identities in real-time. By analyzing patterns and detecting anomalies, AI ensures that only genuine documents are accepted, significantly reducing the risk of fraud.
Seamless User Experience
The platform is designed with the end-user in mind, offering an intuitive interface that guides customers through the verification process effortlessly. Users can upload documents, capture selfies, and complete verification steps from the comfort of their homes.
Blockchain Security
Blockchain technology enhances the security of KYC data by creating an immutable ledger that is resistant to tampering. This ensures that customer data is protected and can be audited with transparency.

Success Stories

Conclusion

Digital KYC solution represents a significant leap forward in the way businesses approach identity verification. By harnessing the power of AI, blockchain, and seamless integration, not only simplifies the KYC process but also enhances security and compliance. For businesses looking to stay ahead in a competitive market, embracing innovation could be the key to unlocking greater efficiency, cost savings, and customer satisfaction.

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In this week’s roundup we have:

Camilla was proud to present a curated collection of looks from their OUR NATURAL LORE Collection alongside seven leading Australian designers at the Australian Retailers Association #ARAGalaNo1 with Afterpay Australia. Retailers across various sectors came together to celebrate the resilience, brilliance, and innovation of the Australian Retail community.
Overdose’s Chief Data Officer, Kaustubh Joshi and Samantha Cheah, Overdose.’s Data & Analytics Project Lead, unpacked the multiple layers of a great first-party data strategy! KJ and Samantha discussed key trends in consumer privacy, how they’ve been impacting the ecosystem and the various actionable levers that a business should be controlling to get the most out of their customer data.
Tapcart, who helps eCommerce brands on Shopify build mobile apps, is thrilled to launch its Partnership Page for Shopify Partners. They have some incredible BFCM Partner Promo.
Yotpo in association with experts Shopify, Avex, and TULA is conducting a panel discussion on September 14th about transforming shoppers into your brand advocates & building deeper relationships with them.
eCommerce Pride, an initiative founded by the Vervaunt team, has announced its monthly meetup happening on the 22nd of September. They aim to create a safe and welcoming place for the LGBTQ+ community in the eCommerce industry.

Watch and follow the ENM series with Jewel John as he surfs through the eCommerce waves every week, bringing you the best of news from the world of eCommerce — in just under a minute.

‍