Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

RealMe gathers momentum as BNZ signs in
Posted on 10-Feb-2014 14:34 by Bill Bennett. | Tags Filed under: News.



New Zealand Postís RealMe moves a step closer to becoming a national identity service by snaring its first big bank: BNZ.

From later this month BNZ customers with RealMe accounts can open accounts without having to visit a bank branch with physical identity documents.

This is an important step. The Anti-Money Laundering and Countering Financing of Terrorism legislation introduced last year means banks and other financial institutions have to check peopleís identity more thoroughly and frequently than in the past. While that can be annoying for customers, it also imposes a burden on banks. RealMe makes the process easier, safer and, by extension, cheaper.

When RealMe launched in early 2013, the initial focus was on giving people a secure way of communicating online with government services. RealMe replaced the iGovt service.

TSB Bank and Kiwibank began using the service in August 2013. Westpac has previously said it is exploring the service.

To get a RealMe identity, people have to turn up in person at a Post Office with the proper personal documentation and have a photograph taken. From that point on, thereís no more paperwork.

Thatís the other attraction for banks, it makes their business even more digital and further reduces the need for paper. Meanwhile, it gives New Zealand Post a foothold in the online world which has knocked the shine off its traditional business.

Eventually RealMe could extend its reach in to more aspects of our lives. Voters can use the service to update electoral enrolment details online and The Electoral Amendment Bill will allow electors with a RealMe verified identity to enrol online.

[digitl 2014]

digitl on Google+

The post RealMe gathers momentum as BNZ signs in appeared first on digitl.



comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Smoke billows from Auckland mall after "explosion" - Westfield West City
Created by freitasm, last reply by hio77 on 27-Feb-2015 19:33 (41 replies)
Pages... 2 3


Galaxy s6 announcement and owners thread
Created by Shoes2468, last reply by teamyoyo on 2-Mar-2015 23:41 (70 replies)
Pages... 3 4 5


Why does Lightbox have a suicide wish?
Created by dafman, last reply by KiwiNZ on 2-Mar-2015 21:37 (92 replies)
Pages... 5 6 7


Privacy concerns on returning faulty microSDXC
Created by dpw, last reply by networkn on 2-Mar-2015 15:39 (29 replies)
Pages... 2


Car Finance Help
Created by sep11guy, last reply by teamyoyo on 2-Mar-2015 23:36 (22 replies)
Pages... 2


HTC One M9 (2015) Announcement and Discussion
Created by Dingbatt, last reply by markl on 2-Mar-2015 23:13 (45 replies)
Pages... 2 3


So is it really worth the change to fibre
Created by Presso, last reply by lNomNoml on 2-Mar-2015 23:25 (19 replies)
Pages... 2


Cordless VoIP handset
Created by Glassboy, last reply by Glassboy on 2-Mar-2015 22:12 (19 replies)
Pages... 2