ConnectID®, an initiative of Australian Payments Plus (AP+), has announced integrations with online referencing solution Referoo, to provide robust, real-time, bank-grade identity authentication.
Backed by major partners including NAB and CBA, the integration allows the use of existing trusted sources, such as a person’s bank, to verify their identity. Verification is then completed in real-time through a secure data exchange without the need for ConnectID to see or store the data.
ConnectID went live earlier this month with the backing of major Australian banks and is a new, secure digital identity solution that connects businesses to customer data they can trust and gives individuals greater control over their data and privacy.
As they build their digital identity ecosystem across multiple industries including real estate, fintech, HR, retail, and utilities, ConnectID aims to provide peace of mind when it comes to verifying identity online, and reducing the need for businesses to manually collect, store or validate sensitive documents.
The innovative digital identity solution uses existing trusted sources, such as a person’s bank, to verify their identity. Verification is completed in real-time through a secure data exchange, without the need for ConnectID to see or store the data.
People simply select their chosen verification source, and once authorised, they’ll review and approve the information being sent.
As workplaces modernise, the bar for identity authentication has been raised and issues like overhandling candidate documents, compliance and security are now top of mind.
Employees and references also need to trust the employer is handling their sensitive documents properly. ConnectID aims to solve this for companies like Referoo, providing substantial benefits for all involved parties.
For Referoo users, this means an added layer of certainty as the data comes from an already trusted and verified source. For candidates and referees, it’s the security and peace of mind that they have greater control over the information they share.
“It’s simple, effective, and it’s a game-changer for Referoo users and their stakeholders,” said Referoo CEO Neil Rose, “Certainty of identity is critical when it comes to who you’re hiring and who is recommending them. But in today’s world, we can be reluctant to share our identity data more widely than necessary, and rightly so.”
“ConnectID is the secure bridge between trusted identity sources and your business so you can deliver a better candidate and referee experience while maintaining the highest level of data security.”
“Referoo is excited to be amongst the first businesses in Australia to go live with this cutting-edge solution,” Rose concludes.
“ConnectID can follow the entire employee journey from optimising job finding to more seamless employee experiences, providing the certainty that comes with knowing exactly what’s being shared and with whom, and the confidence their sensitive data is secure when doing so,” says Andrew Black, Managing Director of ConnectID.
Black continues, “For there to be enhanced trust between businesses and employees, there needs to be a re-evaluation of how data is collected, stored and managed, but more importantly, there needs to be transparency as to what the data is used for and visibility across who’s responsible for protecting it.”
With compliance and security top of mind, there is now a pressing need for a comprehensive re-evaluation of how employee and candidate information is collected, stored, and managed.
For employers this means an added layer of certainty and security when handling sensitive data. For candidates and referees, it’s the security and peace of mind that they have greater control over the information they share.
Meanwhile, the Referoo team was thrilled to be shortlisted for the Deloitte Tech Fast 50 awards last week For over 20 years, Deloitte’s Tech Fast 50 Australia has been one of the longest-standing tech award programs and has celebrated the country’s fastest-growing tech companies.
Existing Referoo users can begin using ConnectID to verify candidate and referee identity immediately.
