Nok

Nok Recommerce and Logiwa collaborate to strengthen and connect data points across the reverse supply chain

Retrieved on: 
Tuesday, January 9, 2024

LAS VEGAS, Jan. 9, 2024 /PRNewswire-PRWeb/ -- Today from the 2024 Consumer Electronics Show it was announced that Nok Recommerce, the circular operating system for full-service reverse logistics and multi-channel recommerce, will collaborate with Logiwa Inc., a leading cloud based fulfillment management system (FMS) for high-volume fulfillment businesses, to provide deeper transparency and increased efficiencies across the reverse supply chain.

Key Points: 
  • The benefits of this partnership are best illustrated when one considers the journey of the reverse-supply chain.
  • By bringing data visibility and traceability to the forefront of the reverse supply chain, Logiwa and Nok are able to establish heightened industry standards for accountability, brand integrity, and reporting practices in reverse logistics.
  • "Through our collaboration with Nok Recommerce, we're ushering in a new era in reverse logistics with advanced data integration and efficiency," said Erhan Musaoglu, Founder & CEO of Logiwa.
  • We invite brands and retailers to take advantage of this collaboration's ability to scale and eliminate inefficiencies across the reverse supply chain."

Nok Recommerce Announces Appointment of New Chief Operating Officer

Retrieved on: 
Thursday, December 14, 2023

AUSTIN, Texas, Dec. 14, 2023 /PRNewswire-PRWeb/ -- Nok Recommerce, the end-to-end circular operating platform that leverages technology and full lifecycle data to turn returns into profits, today announced the expansion of its senior leadership team with its appointment of Jeremy Witte in the role of Chief Operating Officer (COO).

Key Points: 
  • AUSTIN, Texas, Dec. 14, 2023 /PRNewswire-PRWeb/ -- Nok Recommerce, the end-to-end circular operating platform that leverages technology and full lifecycle data to turn returns into profits, today announced the expansion of its senior leadership team with its appointment of Jeremy Witte in the role of Chief Operating Officer (COO).
  • "We are thrilled to welcome Jeremy to the team," said Nok Recommerce CEO Bobby Wann.
  • Most recently, Witte was responsible for a multi-billion dollar recommerce business at Amazon, overseeing the product that powered a global network of facilities and recommerce channels.
  • "We are thrilled to welcome Jeremy to the team," said Nok Recommerce CEO Bobby Wann.

Nok Announces General Availability of Full-Service Recommerce Platform for Streamlining Returns Processing, Refurbishment, and Multi-Channel Resale for Brands & Retailers

Retrieved on: 
Thursday, October 5, 2023

AUSTIN, Texas, Oct. 5, 2023 /PRNewswire-PRWeb/ -- Nok, the only turnkey circular operating system for brands and retailers to manage the entire process of recovering and maximizing lost revenue on returned and excess inventory, today announced the general availability of its flagship recommerce platform. The platform is the first of its kind and serves as the center of Nok's modular approach to reverse logistics and multi-channel resale. The product offering includes technology, data, refurbishment facilities, and multi-channel resale services. The engagements can be customized to the specific needs of any individual brand or retailer to seamlessly convert returned and excess inventory into new revenue streams without compromising the company's supply chain or brand integrity.

Key Points: 
  • Nok Announces General Availability of Full-Service Recommerce Platform for Streamlining Returns Processing, Refurbishment, and Multi-Channel Resale for Brands & Retailers.
  • The platform is the first of its kind and serves as the center of Nok's modular approach to reverse logistics and multi-channel resale.
  • Some of the 30+ retailers and brands that are leveraging the platform are Dyson, Logitech, Wyze, Joovy, and Embr among others.
  • As a result, Nok helped us to scale our sellable returns by 30% and double our revenue on each unit."

New Survey Reveals Majority of Organizations Still Using Phishable Multifactor Methods for Customer Authentication

Retrieved on: 
Wednesday, August 2, 2023

SAN JOSE, Calif., Aug. 2, 2023 /PRNewswire-PRWeb/ -- Nok Nok, a leader in passwordless authentication for the world's largest organizations, and Enterprise Strategy Group (ESG), today released the findings of a comprehensive survey on the state of passwords. ESG surveyed over 350 IT, cybersecurity, and application development professionals responsible for identity and access management programs in North America. The results shed light on the challenges organizations continue to face using traditional authentication methods and the increasing interest in passwordless authentication as a more secure and user-friendly alternative.

Key Points: 
  • The results shed light on the challenges organizations continue to face using traditional authentication methods and the increasing interest in passwordless authentication as a more secure and user-friendly alternative.
  • The survey revealed that traditional authentication methods, such as passwords, are not effective in the face of evolving cyber threats.
  • To mitigate these risks, organizations are prioritizing customer authentication practices, with 36% of the respondents designating authentication as a critical activity.
  • The findings of the survey indicate that organizations are actively investing in strong authentication, with passwordless authentication gaining traction.

Nok Nok, a Leader in Passwordless Authentication, Announces Record Customer Expansion as Industry Adoption of FIDO Passkeys Accelerates

Retrieved on: 
Wednesday, May 31, 2023

SAN JOSE, Calif., May 31, 2023 /PRNewswire-PRWeb/ -- Nok Nok, a leader in passwordless authentication for the world's largest organizations, today announced strong 2022 results following the FIDO (Fast IDentity Online) industry introduction of passkeys, deployments with Fortune 500 companies and key partnerships in the government market that will accelerate the company's next phase of growth. Nok Nok 2022 annual recurring revenue increased by more than 40% YoY, driven by expansion in customer deployments, and the addition of new vertical markets fueled by global regulations that require phishing-resistant authentication.

Key Points: 
  • Nok Nok 2022 annual recurring revenue increased by more than 40% YoY, driven by expansion in customer deployments, and the addition of new vertical markets fueled by global regulations that require phishing-resistant authentication.
  • As an inventor of FIDO specifications, Nok Nok and its S3 product suite have been in sync with advances in FIDO authentication.
  • With the introduction of FIDO passkeys in 2022, Nok Nok announced the:
    same safety and convenience of using biometrics to access your device as for logging into web services.
  • DOCOMO's adoption of Nok Nok's FIDO solution enhanced the authentication user experience, toward DOCOMO's goal of a "Passwordless World."

Nok Nok Expands S3 Authentication Suite to Meet the Needs of Government, Regulated, Payment and E-Commerce Organizations

Retrieved on: 
Thursday, April 13, 2023

Nok Nok , a leader in passwordless authentication for the world’s largest organizations, today announced the latest release of the Nok NokTM S3 Authentication Suite (S3 Suite) that delivers four new capabilities designed to meet the needs of regulated industries, payments markets, and e-commerce organizations.

Key Points: 
  • Nok Nok , a leader in passwordless authentication for the world’s largest organizations, today announced the latest release of the Nok NokTM S3 Authentication Suite (S3 Suite) that delivers four new capabilities designed to meet the needs of regulated industries, payments markets, and e-commerce organizations.
  • Payment companies will also benefit with new features in the S3 Suite that address Secure Payment Confirmation (SPC) for approving high value financial transactions in web browsers.
  • The Nok Nok S3 Suite leverages a wide range of authenticators, including biometric and non-biometric modalities to help meet regulatory compliance, address NIST SP800-63 and SP800-157 standards, and support various authentication needs.
  • The S3 Suite enables organizations to easily turn a user’s device into a strong, multi-factor authentication method through support for all FIDO protocols, including passkeys.

joovy Empowers Parents to Save Money and the Planet with rejoovynated.com Launch

Retrieved on: 
Thursday, April 6, 2023

DALLAS, April 6, 2023 /PRNewswire-PRWeb/ -- joovy, a leading manufacturer of baby gear, is excited to announce the launch of rejoovynated.com, a new platform that promotes sustainability, social responsibility, and affordability in the baby gear industry. The website, powered by Nok Recommerce, will provide consumers with a unique shopping experience while reducing waste and environmental impact.

Key Points: 
  • rejoovynated.com aims to prevent these products from ending up in landfills by thoroughly inspecting, refurbishing, and remarketing returned joovy baby gear.
  • By providing sustainable options, joovy is supporting the planet and enabling families to purchase high-quality baby gear while making environmentally conscious choices.
  • "We are proud to launch rejoovynated.com as part of our 'Be Good' initiative," said Robert Gardner, CEO of joovy.
  • By repurposing and repackaging returned items, we can reduce waste, make quality baby gear more accessible, and help families save money."

Embr Labs, the leading women's digital health solution for menopause, announces several new strategic distribution partnerships

Retrieved on: 
Thursday, January 5, 2023

Through our existing partnerships and new expansions Embr Labs is continuing our mission of delivering holistic, non-invasive relief that's clinically validated and widely available," said Elizabeth Gazda, CEO of Embr Labs.

Key Points: 
  • Through our existing partnerships and new expansions Embr Labs is continuing our mission of delivering holistic, non-invasive relief that's clinically validated and widely available," said Elizabeth Gazda, CEO of Embr Labs.
  • "These partnerships will allow us to further champion menopause symptom relief through some of the most trusted healthcare and retail networks."
  • This distinction followed Embr's earlier recognition in 2022 by CB Insights as a Leading Solution in the Digital Health Sleep category.
  • For more information about Embr Labs or to find a preferred Embr Wave retailer, visit embrlabs.com .

Society Pass / NusaTrip Expands Flight Routes and Fares Offering through Connection with Regional Low-Cost Carriers: JetStar Airways, VietJet Air, NokAir, Thai Smile Air, and Thai Lion Air

Retrieved on: 
Monday, December 5, 2022

NokAir, a subsidiary of Thai Airways International, is a SkyTrax-certified 3-star low-cost airline and offers flights to 25 destinations throughout Thailand and Myanmar.

Key Points: 
  • NokAir, a subsidiary of Thai Airways International, is a SkyTrax-certified 3-star low-cost airline and offers flights to 25 destinations throughout Thailand and Myanmar.
  • NusaTrip offers ease of travel options from arranging multiple airlines / routes to serving personalised flight preferences.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.
  • It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.