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:

Street Harassment - I'm looking at you Max Key
Created by gzt, last reply by dickytim on 28-Oct-2016 16:15 (60 replies)
Pages... 2 3 4

Gigabit cable now available
Created by sub, last reply by sub on 28-Oct-2016 17:26 (229 replies)
Pages... 14 15 16

Parking Breach Notices
Created by cisconz, last reply by wasabi2k on 28-Oct-2016 15:28 (19 replies)
Pages... 2

RNZAF Boeing 757 breaks down when carrying PM. RNZAF must have an atrocious dispatch reliability figure.
Created by amiga500, last reply by frankv on 28-Oct-2016 13:21 (91 replies)
Pages... 5 6 7

New MacBook Pro
Created by ajobbins, last reply by networkn on 28-Oct-2016 14:02 (16 replies)
Pages... 2

Is it me, or have Trade Me prices increased?!
Created by Geektastic, last reply by mattwnz on 27-Oct-2016 14:58 (32 replies)
Pages... 2 3

Disagreement with tradesman over invoice - escalation path
Created by timmmay, last reply by timmmay on 28-Oct-2016 17:08 (30 replies)
Pages... 2

The Quest for the Holy Grail - aka VDSL
Created by cynnicallemon, last reply by hio77 on 28-Oct-2016 16:56 (15 replies)