Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
NZForex sign up for RealMe online identification
Posted on 24-Jul-2014 11:30. | Tags Filed under: News.

It's even easier to sign up and transfer money internationally after a new agreement between international payments specialist NZForex and RealMe, to use its online identification service.

NZForex, a wholly owned subsidiary of the ASX listed OzForex Group Ltd (ASX: OFX), helps thousands of New Zealanders transfer money every year. Now through RealMe, a New Zealand government and New Zealand Post initiative, new customers can avoid having to go through physical idenfication processes when signing up to send money overseas.

OzForex Group Ltd CEO Neil Helm says the new secure service is important to the business because it provides New Zealand customers with greater convenience by simplifying the sign up process.

“We believe our customers will welcome the additional convenience. For customer 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.”

Having won the Australian Growth Company of the Year Award in October 2013, the OzForex Group continues to grow rapidly. During the 2014 financial year it increased turnover by 49% to almost NZ$15 billion in transactions from a total of 581,000 international money transfers.

New Zealand Post Head of Agency Services Mandy Smith says they’re particularly pleased that a company acknowledged for innovation has recognised the benefits of 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.”

Mandy Smith says NZForex is also the first to sign-up for the new Datacom hosted integration to the RealMe service. This solution meant that NZForex could get to market quickly with minimal effort and investment on their side.

“We are delighted to have provided Datacom’s latest SaaS offering, the Cloud Identity Integrator to NZForex. What is most exciting about this gateway solution to RealMe is that it provides a unique method to rapidly access the full suite of RealMe services simply, quickly with zero capital expense,” says Datacom Director, Alastair Turrell.

Richard Foy, head of Digital Transformation at the Department of Internal Affairs says “it’s fantastic NZForex is taking this innovative step for their customers. We know having a verified identity makes life much easier for consumers.”

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Vodafone always connected
Created by freitasm, last reply by jjnz1 on 25-Oct-2016 18:53 (18 replies)
Pages... 2

Microsoft's anti-competitive AV stance?
Created by kiwifidget, last reply by TwoSeven on 25-Oct-2016 18:31 (14 replies)

Galaxy Note 7 Announcement and Owners' Thread
Created by eracode, last reply by julianz on 25-Oct-2016 16:52 (1192 replies)
Pages... 78 79 80

Sony XZ Owners discussion
Created by networkn, last reply by dafman on 25-Oct-2016 16:02 (112 replies)
Pages... 6 7 8

Shifting ISP and domain name
Created by noob, last reply by noob on 25-Oct-2016 18:45 (13 replies)

Rise of the machines
Created by Rikkitic, last reply by richms on 25-Oct-2016 12:41 (40 replies)
Pages... 2 3

Gigabit cable now available
Created by sub, last reply by SteveC on 24-Oct-2016 22:51 (61 replies)
Pages... 3 4 5

Kiwibank Platinum by fees not by service?
Created by joker97, last reply by openmedia on 22-Oct-2016 11:23 (22 replies)
Pages... 2