VerifiMe for Accountants
Empower your clients to remain in control of their identity.
With VerifiMe, you can achieve your compliance objectives, minimise privacy risk and set the rules that work for you.
Why VerifiMe?
Verifying clients and their representative’s identity is an essential step for accountants. Failure to do so may breach an ongoing registration requirement. With VerifiMe, your clients can use a digital identity wallet to provide verified credentials across multiple service providers. Clients can comply with your rules, empowering you to manage compliance effectively. Furthermore, you avoid handling personally identifiable information reducing the potential risk of a data breach to your business.
✅ Shareable
Pre-approved identity or document assessment which can then be reused instantaneously, wherever, whenever and without the need to pull out personally identifiable information and supporting documentation every time.
✅ PII Management Risk Reduced
Service Providers achieve compliance requirements without needing exposure to the underlying client’s personal identifiable information.
✅ Full Policy Compliance
The system empowers service providers by offering tailored rules that can be customised to match their compliance policies 100%. Furthermore, it fully automates assessments helping to mitigate risk.
✅ Eliminate Identity Fraud
Once an identity is claimed and verified across the network the opportunity for rogue actors utilising even sophisticated deep fake techniques is greatly minimised and potential for fraud reduced. Our machine learning and developed AI detects new entrants using the credentials of an established wallet.
✅ Improved User Experience
No matter their location, clients can easily and securely grant permission, or give consent, for their verified state to be used by a service provider. This seamless process respects the sanctity of the client’s identity, offering an improved user experience.
✅ Lower Costs
VerifiMe offers a centralised system for client updates, benefiting all parties involved. Coupled with automated compliance assessments, this system not only lowers the cost of compliance but also eliminates duplication, saving service providers both time and money. With VerifiMe, there are no lock-in contracts or set monthly fees. You only pay when a client grants permission for their verified state to be used per your rules.
The VerifiMe Advantage
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1. Configure your rules
We set up your client console. You can then configure your rules and any other compliance templates for assessments e.g. configure a rule that you need to meet the client face-to-face or via an online call.
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2. Onboard with ease
Begin inviting clients, whether they are individuals or complex family trusts, super funds, to use VerifiMe. You can do this directly from the client console or by integrating access to VerifiMe into your current online process.
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3. Access real-time understanding
Review clients on boarded in real time, understand assessments triggered and residual risk outcomes that may need to be resolved. Add notes to assess for enhanced due diligence and record interactions for future reporting.
Customer controlled compliance made easy with VerifiMe
Book a demo today to see how VerifiMe can transform your compliance requirements.