Bank of New Zealand (BNZ) is all set to go live with RealMe service from mid-February this year, allowing customers with verified RealMe account to open a range of BNZ transactional accounts online.
Launched in 2013, RealMe is a partnership between the New Zealand government and New Zealand Post.
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With RealMe service, BNZ customers need not visit a store to prove their identity and can complete the entire account sign up process online. The RealMe service uses biometric verification technology for identity verification.
BNZ retail director, Andy Symons, said verifying new customers’ identity is a very important foundation for a secure banking system.
"RealMe technology makes life faster and easier for new BNZ customers while satisfying the high standards of identity verification required under New Zealand law and importantly ensuring customers retain total control of how and who they provide their personal information to," Symons added.
BNZ and RealMe will conduct an Orientation Week, where students from AUT, Auckland, Waikato, Victoria, Massey (Auckland, Wellington and Palmerston North campuses), Canterbury and Otago Universities will be able to complete the RealMe identity verification process using their New Zealand passport number.
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