For decades, banks have been the most convenient medium for managing money, for both borrowing and depositing. Convenience and customers’ lack of financial sophistication have enabled banks and fintech lenders to take advantage of this to make high net interest margins deposits and loans — without incentivizing the user.
They have always made banking fancier with the evolution of new financial products like personal loans and credit cards. In the recent times credit cards remain the most ubiquitous credit vehicle amongst users while the increase in personal loan originations has been primarily driven by the growth in fintech. The banks…
We would like to wish the community a heartfelt Thanksgiving. We are truly grateful for the continued support and patience that the community has shown us. We want to take this joyful occasion as an opportunity to share some updates with the community.
The year 2020 with the pandemic has proven to be a crucial time for the team, while it impacted businesses globally, it has given us the much needed strategic time to slingshot and re-position ourselves as a product, keeping in mind the real use case.
We have had our heads down with our core research team, customers…
A brief overview of how NV 2.0 would work
We have been overwhelmed by the support we have received since the announcement of our strategic pivot to bring Nucleus Vision into the world of decentralized finance. We also acknowledge that we can be perceived as one among several others trying to ride the current DeFi wave.
We want to take this communication opportunity to clarify a few core principles that we have stood by as a company and the reason behind our strategy change. Nucleus Vision was incepted as a payments company in the offline retail world, where we have made tremendous progress over the past 2 years. Alas…
Nucleus Vision announces the world’s first decentralised purchase loans offering, allowing crypto users to purchase real world products.
We at Nucleus Vision are happy to announce NV 2.0 — A retail defi offering platform. Our upcoming NV DeFi offering is a Layer 2 solution, which will aggregate existing DeFi lending protocols, partner with liquidity providers, and partner with global retailers and brands to enable crypto users to leverage their assets to buy real world products.
These products include a wide range of retail products from apparel, electronics to automobiles and homes. …
Dear NV Community,
Together, we are facing a truly unprecedented situation. The global coronavirus pandemic is affecting all of our families, our businesses, our communities, and our way of life. During this time, we wanted to reach out and update you on how we’re approaching the situation at Nucleus Vision.
First and foremost, our hearts go out to anyone who’s been impacted by the virus, either directly or indirectly. Our thoughts are especially with those who are sick, to whom we extend our heartfelt wishes for a full recovery. …
Nucleus Vision brings forth cutting-edge technologies to create a customer-centric shopping experience. By partnering with several retail industry giants, Nucleus Vision has expanded its customer access network to more than 688 million users in the subcontinent region. Nucleus Vision is currently serving more than a million customers a year.
It has been an exciting and challenging journey for Nucleus Vision. The team is closely observing the changing patterns of customer behaviour and creating innovative solutions to meet the needs of retailers. Here’s an account of how the company is spearheading the revolution in the retail industry.
4G-enabled ION Sensor:
In…
Message to the Community
I would first extend my thanks to everyone for supporting Nucleus Vision and the team. Dimensions of the global retail sector are rapidly changing as the buying capacity of consumers is increasing and competition is getting more aggressive. At Nucleus Vision, we are making agile steps to grab every opportunity that this current trend has to offer. Falling right in line with this strategy is the launch of several innovative solutions — the deterministic retail attribution system, network-agnostic Single Sign-On system, and the Global Identity and Consent Blockchain network. …
Nucleus Vision has launched a private blockchain — the Global Identity and Consent (GIDC) network at Genesis DevCon Nov 2019, Bengaluru, India. The blockchain network gives power to users to control who can access their data.
The blockchain network currently has five active nodes and executes smart contracts when users enable or disable permissions to a business in the Nucleus Vision ecosystem.
From your daily needs and groceries to high fashion clothing and cars, almost everything is available online. So, why do customers still enjoy shopping at a brick and mortar store? It isn’t really for the selection- it’s for the experience. For brick and mortar stores to maintain their relevance, these stores need to focus on superior customer experiences.
The future of retail lies in blending online and offline experiences with a personalized touch. According to a study, retail outlets can increase revenues by 5–15% by offering personalized services. The retailer’s smartphone app can play a large role in personalizing and…
Nucleus Vision launches an innovative Single Sign-On (SSO) solution (Patent No: 10397787) to enable a secure, hassle-free customer authentication. The solution is unique for being network-agnostic and eliminates the need for difficult passwords and one-time passwords (OTP) by leveraging a telecom-partner network. Nucleus Vision’s Single Sign-On solution can be integrated with any website, mobile app, or WiFi network that requires customer authentication.
Nucleus Vision’s Single Sign-On system replaces OTP-based customer verification and addresses two major issues:
- possible unauthorized access through OTP theft
- authentication failures due to delay in receiving OTP over SMS
With Nucleus Vision’s Single Sign-On system, users login…
