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Looking for an UNBXD Alternative?

Shane
|
April 12, 2023
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#
Min read

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

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.

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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What is Tagalys?

Tagalys is a high-performing eCommerce merchandising engine for Magento, Shopify, and BigCommerce stores, rated 4.8/5.0 in G2 Crowd. Implement an intelligent merchandising engine to boost your online store’s visitor engagement. Tagalys offers features like Category | Collection Merchandising, product recommendations and site search that improves the conversion rate of the online store.

What is Unbxd?

Unbxd is a prominent e-commerce product discovery platform that uses powerful data science to present visitors with the items they’re most likely to buy while also offering merchandising with forecasted, actionable information. It is rated 4.5/5.0 in G2 Crowd.

A comprehensive comparison between the feature set of Tagalys & Unbxd as of May 2022

Why should you switch to Tagalys?

Tagalys is the world’s fastest growing online merchandising solution for eCommerce businesses using the leading platforms such as Shopify, Bigcommerce and Magento. Used by leading brands across the globe, Tagalys makes merchandising time efficient by saving hours of manual effort and analysis is based upon data acquired from real-time product engagement. Our advanced analytics capabilities allow you to make well-informed business plans on merchandising strategy that ultimately lead to a 30% increase in CTR rates, 60% improvement in productivity. The onboarding experience, prompt response from customer support, and ease of use are some of the reasons why our existing customers prefer choosing Tagalys as their go-to eCommerce visual merchandising tool.

Sign up for a free 28-day trial of Tagalys and we take care of the rest! You can also schedule a demo here to know more about Tagalys.

*Comparison as of May 5, 2022, **Data publicly not available as of May 05, 2022
Rating source – g2.com

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