GlobalX – IDSecure

GlobalX – IDSecure has been selected as an ABA100 Winner for Digital Innovation in The Australian Business Awards 2019. The Australian Business Award for Digital Innovation [DIA] recognises digital products and services that provide innovative solutions for new and existing market needs.

Innovation drove GlobalX’s establishment, and continues to drive its success today. Founded more than 20 years ago in 1994, GlobalX was a pioneer as the first company to provide online access to Australian land titles to property and legal professionals.

More than two decades on, GlobalX is now one of Australia’s most successful and fast-moving tech start-ups. The organisation specialises in the provision of innovative software, online regulatory information and legal support services to service Australia’s legal, conveyancing, accounting and financial sectors.

Led by CEO Peter Maloney and with more than 220 staff across a network of seven offices, it has become one of the industry’s most respected digital disrupters. Each day, tens of thousands of professionals around Australia trust GlobalX’s suite of software and online solutions to manage their time more effectively and access regulatory, legislative and compliance information, support services and technology tools – all via one integrated solution.

Introduced by GlobalX in 2018, IDSecure is a compliant, easy-touse and electronic Verification of Identity (VOI) solution designed for legal and conveyancing professionals to confirm their clients’ identity. IDSecure gives the conveyancer or legal practitioner the ability to capture data and supporting evidence on any mobile or tablet device, at any time, regardless of location. Within seconds, an industry recognised and compliant VOI report is created and stored against the matter, with the option of automatic billing straight to the client file.

As part of the move to align electronic and paper conveyancing, Land Registrars have formalised their policies on VOI. These policies ensure security and integrity of conveyancing practice by reducing the risk of identity fraud or registration of fraudulent land transactions for paper-based dealings.

Lawyers and conveyancers who are looking to save time, increase workflow efficiency and mitigate the risk of property fraud now have access to a new identity verification tool – the IDSecure App. Launched to the market in January 2019, the IDSecure App is available for free on the App Store and Google Play. It can be used on any mobile device to quickly assess, verify and record a client’s identity. The new mobile app is smart by design, offering guided workflow to help legal professionals easily meet their legislative obligations when undertaking a property transaction.

The IDSecure App has the option of selecting intuitive Australian Registrars’ National Electronic Conveyancing Council (ARNECC) compliant workflow or taking a Reasonable Steps approach, meaning the compliance process is streamlined for lawyers and conveyancers verifying property buyers and sellers.

The web-based platform and the IDSecure App enables legal and conveyancing professionals to meet their legislative requirements while consequently gaining significant efficiencies in their processes.

The Australian Business Awards are an annual comprehensive awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award categories.

The Australian Business Awards are the national chapter of an integrated, hierarchical leadership initiative conducted on a national and international level. Eligible organisations are invited to participate in the international chapter of the program at The World Business Awards whereby participants are provided with the unique opportunity to benchmark themselves against the top performers globally.

The process culminates in the selection of organisations which implement world-class business initiatives, projects, products and services. The award recipients are recognised as the elite of their industry earning a place amongst a distinguished group by having their achievements acknowledged and celebrated.

Organisational eligibility includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.

Organisations are required to complete a submission for a specific business initiative, product or service.

Business initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures and undertakings.

Products can include but are not limited to services, devices, equipment, programs, processes, activities, applications, information, knowledge, software, cloud-based services, platforms, systems and manufactured goods. Products must be commercially available on the Australian market and comply with all applicable Australian standards and regulatory requirements. Product eligibility includes domestic and international products available to the Australian marketplace.

The World Business Awards Framework (WBA Framework) is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards.

The Framework consists of specialised assessment modules pertaining to the evaluation criteria for each of the award categories. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.

Organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement are recognised via a set of established business and product award categories.

The program provides a notable opportunity for high-performing organisations which implement world-class business initiatives and develop innovative products and services to be acknowledged and celebrated for their achievements both nationally and internationally.

Conducted annually, the program engages with organisations worldwide to benchmark the full spectrum of their products, services and initiatives and to review their business performance through a global recognition and knowledge building initiative that is underpinned by the program’s established framework.

The program provides the ultimate platform for building knowledge, increasing brand awareness, equity, loyalty and retention through increased exposure, recognition and prestige.

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