Today Verifier and Search365 announce their alliance to deliver consent driven data sharing powered by intelligent data matching
As organisations realise the value of giving their customers access to their data, smarter tools to retrieve data held about a person have become vital
Verifier – a global leader in consent driven data sharing platforms – will embed Search365 in the Verifier consent platform – enabling both:
data portability (or data Access in Australia) and
the right to be forgotten (under the GDPR)
Search365 is a leading Australian ISV to multiple Government Departments and Financial Services organisations around mission critical search and AI
The alliance will enable the integration of Search365 capabilities in Verifier’s consent driven data sharing platform
This joint announcement formalises a relationship that was brokered by The RegTech Association. The Verifier and Search365 alliance highlights the fact that Australian RegTechs are globally leading both in AI and in consent driven data sharing – with regulatory reforms such as the Consumer Data Right leading the way
This alliance expands the opportunity for both Verifier and Search365 to grow their existing customer footprint, and accelerate / fast-track more significant opportunities through cross-selling and joint sales initiatives
Verifier(the Company), is a consent driven data sharing platform. Our mission is to give people and small businesses access to their data, so that they can use it to get better outcomes in their dealings with commercial organisations (for example, enabling faster, easier digital processes when applying for a loan).
Verifier is an end to end, privacy by design platform that connects data sources, data requesters and the person (the data subject)to enable data to flow – initiated and powered by the person. With the addition of Search365, connecting as a data source or data requester to Verifier just got a whole lot easier, and with the power of Search365, complying with the right to be forgotten can be automated.
This strategic alliance formalises our relationship and provides an expanded opportunity for both Verifier and Search365 to grow their existing global customer footprint, and pursue more significant opportunities together. It will enable Verifier and Search365 to pursue opportunities within governments, financial services and other highly regulated industries.
About Verifier: Verifier is an Australian-owned RegTech company focused on giving consumers and small business access to their data in a way that drives better outcomes. Verifier operates a consent driven data sharing platform which enables consumers to share verified data to save time and get better deals. Corporates who join the Verifier platform meet and exceed their local data access/data portability obligations and discover, via Verifier, that giving people access to their data can deliver better returns to them. Verifier’s flagship product is a Proof of Income and Employment service, which is a critical requirement in many application processes (including lending). Verifier is one of the first data recipients for Australia’s Consumer Data Right – and one of the system testers – and has incorporated that data into its new product – Safe Loan Survey. Verifier’s vision is a digital 2050 where consumers are able to use their data to gain access to great products and services in a frictionless and fair way.
About Search 365: Search365 is an Australian-owned company at the forefront of artificial intelligence, advanced search algorithms, machine learning and natural language processing. We offer our corporate and government clients an integrated product suite of smart AI machines for mission-critical applications. Search365 formed from the base engineering team that built the FAST Search capability for Microsoft. Initially, the company focused on predominantly SI and Consulting engagements, mostly within Federal Government Agencies working in areas of National Security. We have recently been ranked #20, AFR Fast 100 for 2017; #10, Smart Company SMART50 for 2017 and #13 in the CRN Fast 50 for 2017. Also proud to be a Microsoft Gold Partner.