Reading Time: 4 minutes Everything You Need to Know About Online Escrow Services Online escrow services are playing a crucial role in the Nigerian e-commerce industry. Vendors and buyers on Nigerian online marketplaces are seeking ways to conduct online transactions effectively within themselves without one party being cheated or scammed. This is the void online escrow service platforms fill, […]
Reading Time: 4 minutes 5 Reasons Why Online Marketplaces Should Embrace Escrow Online marketplaces have transformed Nigeria’s digital and social commerce spaces. They’ve made buying and selling easier, faster, and more fun, as people can order goods from anywhere, and the vendors will deliver. However, while these online marketplaces make buying and selling convenient and accessible, they also present […]
Reading Time: 5 minutes What is Facebook Marketplace, and How Can You Leverage it to Grow Your Business? Smart businesses leverage Facebook Marketplace to promote their businesses to a wider audience. This enables them to make more sales without spending a fortune on advertising. If you’re wondering how Facebook Marketplace can help grow your business, this is an article […]
Reading Time: 4 minutes 9 Tips on How to Build a Strong Online Presence for Your Business A quick research will show you one thing most successful global businesses have in common – they’ve built a strong presence online that makes them recognizable across all platforms. The internet is a goldmine, and only businesses capable of harnessing its potential […]
Ways OCR Enhances Digital Identity
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Reading Time: 4 minutes Ways OCR Enhances Digital Identity OCR is Optical Character Recognition, as it harnesses hardware like an optical scanner and software like Artificial Intelligence (AI) that converts images to texts using Intelligent Character Recognition (ICR). Over the years, there has been a paradigm shift from processing printed documents to adopting advanced technology by OCR. This can […]
Reading Time: 4 minutes Automated Identity Verification: A General Overview The advent of this digital age has given rise to an increase in online services to cater to the teeming internet users. This is owed to the simplicity and convenience that online services offer in contrast to the traditional options. For instance, it is easier to shop and make […]
Reading Time: 3 minutes Differences Between Manual And Digital KYC Customers are the unit of every business, and this is why businesses always take time to understand who their customers are. Hence, raising the conversation about know-your-customer (KYC) is a procedure for complying with existential regulations and reducing associated frauds. Therefore, the role of KYC in business can not […]
Reading Time: 4 minutes How To Choose A KYC Provider For An African Business Over 80 financial institutions worldwide paid $2.7 billion in fines for anti-money laundering (AML) violations in 2021, averaging $34,151,237 per institution. However, these businesses had a common flaw, which was a weakness in their customer verification procedures that may be exploited for fraud and other […]
Reading Time: 4 minutes Why Identity Verification Speed Is Important The emergence of technology has given rise to both positives and negatives in business. One of the drawbacks of this digital age in business is customer identification verification. And as the number of online customers increases, the need for identity verification becomes imperative. This is because identity verification is […]
Reading Time: 4 minutes Factors Of Social Media Adoption Among MSMEs Business has been a culture of exchange between people, and its mode of operation has changed over time. This is owed to the dynamic nature of business, which varies in social, economic, and political landscapes. But what really matters is the binding force creates an outlook in the […]
Reading Time: 5 minutes Best Steps To Improve Social Commerce Strategy For Sellers In Nigeria One of the top marketing and sales trends for 2023 is social commerce – which is the combination of social media platforms with e-commerce. Social commerce is a relatively new sales channel, but it’s gaining traction as well as acceptance in Nigeria. However, affiliated […]
Reading Time: 5 minutes How Peppa Boosts Buyer’s Protection on Instagram We cannot undermine the power of social media in forging connectivity that brings everyone under the roof of communication. Social media has been serving the need of staying connected to family and friends – in terms of socializing. But social media has been better explored with the development […]
