Menu
NZ Forex taps into RealMe service to cut out physical identification process

NZ Forex taps into RealMe service to cut out physical identification process

RealMe works by allowing authenticated end users to unlock and release their personal information from the original authoritative source.

NZ Forex, a wholly owned subsidiary of the ASX-listed Oz Forex Group, has signed up to use RealMe, a NZ government and NZ Post initiative, to help customers transfer money overseas without having to go through a physical identifications process.

OzForex Group CEO Neil Helm said, “We believe our customers will welcome the additional convenience. For customers with a RealMe identity they no longer have to fax or scan identity verification documents to sign up for the service.”

“By streamlining the on boarding process further it improves our efficiency, reduces administrative costs and minimises risk from the transaction process.”

RealMe works by allowing authenticated end users to unlock and release their personal information from the original authoritative source. The business organisation specifies as part of their integration to RealMe the proof of identity attributes they require. When a person uses RealMe to access a product or service that requires proof of identity, the system displays the personal information requested by the business and why it is required. It is only released to the business when the user clicks consent.

“RealMe does not store the users identity attributes or hold any of the users personal information (other than that necessary to manage their login) but acts as a key to enable the individual to unlock and release their personal information from the authoritative source in which it is held. Initially users establish their verified identity through a combination of an online application process and a visit to a New Zealand Post shop to have their photo taken. From there users can transact with a growing range of RealMe integrated service online without needing to visit a branch or send copies of identity documentation in the mail,” said a Datacom spokesperson.

Datacom is the current implementation and hosting vendor for RealMe. Datacom also offers organisations and agencies the Cloud Identity Integrator service as a SaaS solution to streamline their consumption of RealMe services. The company has been working with the State Service Commission, Department of Internal Affairs, and most recently NZ Post Group since 2004 to build and extend the solution now known as RealMe.

“Big banks and financial service companies have been the early adopters of RealMe. We’re also now receiving enquiries from a wide range of other sectors keen to benefit from the risk reduction and business process improvements RealMe provides, while giving a greater digital customer experience to their customers,” said NZ Post’s head of agency services Mandy Smith.

Smith added that NZForex is also the first to sign-up for the new Datacom hosted integration to the RealMe service.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Department of Internal Affairsnz postRealMestate service commissioncloud identity integratorOz Forex groupNZ Forex

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments