We're #hiring a new Customer Support Compliance Analyst in Sydney, New South Wales. Apply today or share this post with your network.
VerifiMe
Software Development
Sydney, New South Wales 497 followers
The future of KYC is shareable. Make VerifiMe the last identity verification you put your customers through.
About us
The current state of digital identity, whether in the physical or online realm, is problematic and costly. It's inconvenient for customers to repeatedly search for and provide documents every time they need to prove their identity to a service provider. This not only results in a subpar user experience but also increases the security risks for the service provider who must store this sensitive information. VerifiMe is breaking new ground as the first Australian platform to empower customers with reusable identity solutions. We are helping companies in the digital landscape streamline the process of verifying customer identities, ensuring they are who they claim to be, and meeting compliance standards. Our approach involves delivering reusable identity solutions that align with a client's specific compliance requirements, all while putting the customer in control. Unlike traditional methods, VerifiMe doesn't rely on a single set of rules at the beginning of the verification chain. Instead, every time a customer grants permission to access their identity, our system adapts to the specific rules and compliance standards of the service provider. This eliminates the need to depend on a third party's rules. With VerifiMe, the process is straightforward. Customers only need to sign up for a digital wallet once. When a service provider needs to verify their identity, it's a matter of two simple clicks to share the necessary information without exposing personal documentation. To get started and embark on a journey of controlled identity sharing, whether for yourself or an organization you oversee, visit www.verifime.com. Our platform is not only free to use but also built with the highest levels of security in mind. The next time a service provider requests your documents to prove your identity, simply respond with "VerifiMe."
- Website
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www.verifime.com
External link for VerifiMe
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Sydney, New South Wales
- Type
- Privately Held
- Founded
- 2022
- Specialties
- Regtech, AML-CTF, Identity sharing, Tokenised identity, Customer compliance, and SaaS
Locations
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Primary
Get directions
Level 5, 137-139 Bathurst St
Sydney, New South Wales 2000, AU
Employees at VerifiMe
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Paul Timms
Chief Executive Officer and Founder @ VerifiMe | Regulatory Technology
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Alistair McKeough
Alistair has over 20 years of experience as a director, business executive and corporate lawyer.
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Charles Jiang
Technology Advisory | Engineering Leadership | SaaS | Cloud Natives
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Blake Stelzer
Fintech, Regtech, Capital Markets, CEO, Director
Updates
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🚨Recent Breach Exposes Personal Data of 77,000 Customers 🚨 This incident highlights further the urgent need for innovative solutions to protect sensitive customer information. 🔒 Enter Shareable Identity 🔒 Shareable identity technology offers a promising solution to this growing problem and companies can significantly reduce the risk of large-scale data breaches. Adopting shareable identity systems can: - Enhance Security: Minimise the risk of data breaches by eliminating centralised data storage. - Empower Customers: Give individuals control over their personal information, fostering trust and transparency. - Streamline Compliance: Simplify adherence to data protection regulations by reducing the amount of sensitive data the company holds. As we navigate an era where data breaches are becoming all too common and requests for identifiable information more prevalent, it's time for businesses to rethink their approach. Shareable identity solutions such as VerifiMe are not just a technological advancement, they are a necessary evolution in protecting our customers and their trust. #DataSecurity #ShareableIdentity #Innovation #CustomerTrust #CyberSecurity #Verifime
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🔍 Small Businesses: how you're affected by the new AML/CTF Amendment Bill If you're in the legal, accounting, real estate, or precious metals and stones sector, the AML/CTF Amendment Bill 2024 brings big changes. Here’s what you need to know: ⚖ New Compliance Requirements – Customer due diligence, record keeping, and reporting obligations to AUSTRAC are now essential. 💼 Costs & Resources – Expect potential costs for staff training, new tech, and compliance consultations. ✅ Benefits – Enhanced security, a stronger reputation, and simplified compliance processes to ease the transition. VerifiMe is here to help you stay ahead and compliant! Learn more 👉 https://lnkd.in/gDZGXwYW #AML #CTF #Compliance #SME #Legal #RealEstate #Accounting #VerifiMe
The AML/CTF Amendment Bill 2024: For Small To Medium-Sized Legal, Accounting Or Real Estate Business - What You Need To Know — VerifiMe
verifime.com
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Welcoming Steven Crow to our team as Head of Growth! 🎉 With a strong background in cybersecurity and compliance, Steven is here to help us streamline KYC, improve productivity, and de-risk identity verification. Steven’s goal is to restore trust in information sharing and help businesses stay compliant with AUSTRAC’s AML/CTF reforms and privacy standards. Connect with Steven to discover how VerifiMe can boost compliance, productivity, and trust for your business. 💡 #VerifiMe #CyberSecurity #IdentityVerification #HeadOfGrowth #Compliance #KYC #AML
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💼 New AML/CTF Bill 2024: Key Changes You Need to Know The AML/CTF Amendment Bill 2024 has hit Parliament, bringing major updates to strengthen Australia’s fight against financial crime. Key changes include: 🔐 Expanded Coverage – More industries like lawyers, accountants & real estate now fall under AML/CTF regulations. 💻 Modernised Rules – Updated to tackle risks from digital assets & payments. ⚖ Simplified Compliance – A clearer, more flexible framework for businesses. At VerifiMe, we’re ready to help you navigate these changes and stay compliant. Find out more in this article: https://lnkd.in/gDAN9V-K #AML #CTF #Compliance #VerifiMe #FinancialSecurity
Implications of the AML/CTF Amendment Bill 2024 — VerifiMe
verifime.com
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🔍 KYC checks made easy for law firms! With AUSTRAC reporting just around the corner, getting your client onboarding right is more important than ever. That’s where VerifiMe steps in: ✅ Effortless client verification 🔒 Top-tier data security 📲 Complete remote access ⚖️ Scalable for law firms big or small No messy integrations, just a streamlined solution that saves you time and ensures compliance. Stay ahead of the curve and focus on delivering top-notch legal services by reading this: https://lnkd.in/gPhEcSYk #KYC #LegalCompliance #LawTech #AUSTRAC #OnboardingSimplified #VerifiMe
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We're #hiring a new Manager of Growth in Sydney, New South Wales. Apply today or share this post with your network.
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🚀 Australia’s new Digital ID system is here to transform our digital landscape, and it’s a game changer! 🔐 For Individuals: Effortless access to 150+ services, top-notch security, and greater control over your data. 🏢 For Businesses: Streamlined processes, reduced admin costs, and enhanced customer experience. 🌐 For the Economy: Boosted efficiency, global competitiveness, and innovation. Discover how this system is set to revolutionise Australia’s digital future. Read more in our latest article: https://lnkd.in/eN2dejmN #DigitalID #Innovation #Australia #TechRevolution
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At VerifiMe, we couldn't agree more with the need for tokenisation in safeguarding identity information, especially in critical processes like property transactions. Our platform already integrates tokenisation principles, allowing businesses to verify identities without holding sensitive personal or business entity data. By putting control back into the hands of customers, we ensure a more secure, streamlined process for identity sharing. This not only enhances security but also reduces the complexity and costs associated with traditional methods. We're looking forward to seeing more government departments recognising the importance of tokenisation, and we're here to lead the way in making identity sharing safer and more efficient. VerifiMe - redefining how identity is shared and protected. #Tokenisation #PII #DigitalIdentity #RealEstate #DataSecurity
Head of Special Projects at VerifiMe | Associate Professor at Sydney University | 2022 REDI Fellow
Digital ID: Trust Exchange - Glad to see the federal government exploring tokenisation concepts to provide security to our personal ID information. Now we need to see other state government departments like State Revenue explore this as part of property transactions. Do we really need to share ID information across lawyers, accountants, conveyancers and state revenue when a tokenised permissions based system is safer, more secure and cannot be as easily hacked? VerifiMe already uses tokenisation principles in the way it protects businesses from needing to hold customers' personal and business entity information. This puts customers back in control of their own ID information with a permission process to businesses that they approve. A seamless, cheaper process for property transactions. VerifiMe - your solution to identity sharing! #Tokenisation, #PII, #DigitalIdentity, #RealEstate, #DataSecurity
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🚀 Australia's Digital ID Transformation: A Game-Changer for Citizens and Businesses! 🌐 From faster tax returns to hassle-free home loans, Australia’s digital ID revolution is just getting started. With the rollout of the Australian Government Digital ID System (AGDIS), expect streamlined services, robust data protection, and more freedom in how you verify your identity. Want to know what’s next? Discover how the AGDIS phases will unfold and how private providers like VerifiMe are set to lead the way in this exciting new era. #DigitalIdentity #AustraliaTech #GovTech #DigitalTransformation #DataSecurity