The PRWIRE Press Releases https:// 2018-05-06T22:30:00Z First-ever Commercial Regtech Sandbox Facility Opened in Australia by ID Exchange and digi.me 2018-05-06T22:30:00Z first-ever-commercial-regtech-sandbox-facility-opened-in-australia-by-id-exchange-and-digi-me Australian startup ID Exchange and UK-based firm digi.me have partnered to establish an Innovation Campus at Glenwood in the Norwest region of Sydney. The ID Exchange Innovation Campus (‘IDX’) is designed to stimulate digital innovation and economic growth, primarily focused on application development in the fintech and regtech sectors, as well as being open to secondary and tertiary STEM (science, technology, engineering and mathematics) students from nearby schools and universities. IDX is believed to be the first commercial regtech sandbox facility established in Australia. Situated in a high-growth precinct of western Sydney, the site will attract app developers building on the digi.me platform in key government, eHealth, finance, retail and social sectors. Developers and early-stage entrepreneurs will also have the opportunity to leverage ID Exchange’s unified Opt In and Opt Out consumer access intellectual property. The first phase of the Campus has 22 hot desks, and other collaboration facilities including a meeting room, boardroom, communal lounge and kitchen. IDX is based in the heritage-listed Glenwood House and was officially opened this morning by the NSW Minister for Innovation Matt Kean. “I’m thrilled to see the continued growth of innovation hubs in NSW. It’s incredibly important that we unlock more and more opportunities for startups to get a foothold in the marketplace,” Mr Kean said. “These innovative companies are carving out the next generation of jobs and businesses for our country, particularly around data management, which is transforming the 21st century economy.” As part of the launch, ID Exchange is announcing a “Stay & Play” competition for 12 app developers to win a seat at the campus for one month, giving them free Internet access, masterclasses, technical support and pitch day prizes. (See http://idexchange.me/stayandplay for more information.) Joanne Cooper, Founder and Managing Director of ID Exchange, said: “Our Innovation Campus is an excellent example of fostering UK and Australian collaboration by providing a facility to enable the pursuit of technical excellence via software and application experimentation. It’s our everyday hackathon site where we can help to kickstart developers and invite commercial, government and educational institutions to collaborate on app concepts with the pure aim to get things done.” “This partnership will immediately advance the development of secure, ethical, compliant and society-focused open data solutions as called for by the Australia Productivity Commission's report on Data Availability and Use, as well as the Treasury's views on consumer centric approaches being currently tabled via the Review into Open Banking,” Cooper continued. IDX has been warmly welcomed by Stone & Chalk, Australia’s leading fintech hub which has been instrumental in assisting startups like ID Exchange to commercialise and scale. “An Innovation Campus like this one established by ID Exchange and digi.me is an exciting step forward in helping Australia lead the world in the development of consumer consent based products and services. We look forward to seeing the early seeds of innovation which we hope will lead to new high growth startups in this emerging space,” said Alex Scandurra, CEO, Stone & Chalk. The launch also saw ID Exchange and digi.me showcase their current Australian partners, including; Bainbridge Associates, HCCU, Recordkeeping Innovation, Mafematica, Mainframe Cloud, SISS Data Services, Vault Systems and Verifier. “Together with ID Exchange, we’ve developed a great ecosystem of partners to advance the cause of data privacy, control and consent in Australia, and our new Innovation Campus will see an acceleration of innovation in this space in the coming months and years,” said Julian Ranger, digi.me Founder and Executive Chairman, who also attended the launch today. By accessing the facility, the Innovation Campus will encourage Australian universities and educators to unite with enterprise to springboard digital transformation across a range of sectors. This was demonstrated with a class session held for eight Year 11 and 12 STEM students from the neighbouring Glenwood High School by Dr Julia Prior of the University of Technology Sydney's Software Development Studio, to showcase the curriculum and opportunities available to work with the commercial sector. “The Faculty of Engineering and IT at the University of Technology collaborates with ID Exchange through both its Software Development Studio and its Women in Engineering and IT program. By inviting secondary and tertiary students to meet developers and early-stage entrepreneurs at campuses like these, there is hope that the next generation of innovators will be inspired to study engineering and IT. The Women in Engineering and IT program aims to secure a pipeline of female talent that will boost innovation in these sectors,” said Dr Arti Agrawal, Associate Professor and Director, Women in Engineering and IT, Faculty of Engineering and IT, University of Technology Sydney. IDX’s second phase extension will accommodate a further 18 hot desks, which is anticipated to open later this year. The Innovation Campus is situated at Glenwood House, 174 Glenwood Park Drive, Glenwood, NSW 2768. For more information on IDX, please contact: ID Exchange Telephone: 1300 002 678 www.idexchange.me Joanne Cooper, Managing Director E: jo@idexchange.me – ENDS – -- About Digi.me Digi.me is a personal data exchange platform that allows consumers to gather together information currently scattered around the web and share it on their terms under the company’s bespoke Consent Access process. Digi.me is working with world-leading businesses in the health, finance, FMCG and telco sectors on projects unlocking the benefits of private consented data sharing for both consumers and organisations. www.digi.me About ID Exchange ID Exchange is digi.me’s Australia and New Zealand partner who are in development of social privacy innovation via unified Opt In® and Opt Out® consent App’s designed as an intermediated compliance service for consumers and business. The ID Exchange solution will assist consumers to construct a centralised view of their data access permissions or de-identification notices through consent receipts, whilst educating users on data protection and privacy rights in accordance with legislation. www.idexchange.me For UK interview requests, please contact digi.me Communications Editor Emma Firth on emma@digi.me or + 44 7812 608577. Media Contact: Martin Aungle Explore Communications Tel: +61 2 4872 4981 Mob: +61 415 917 381 Email: maungle@explorecomms.com.au Consumers gain new personal data security through Vault Systems and ID Exchange partnership 2018-02-20T05:46:01Z consumers-gain-new-personal-data-security-through-vault-systems-and-id-exchange-partnership Two Australian tech companies have announced a collaboration that will revolutionise the ability of consumers to protect themselves from the digital theft of their personal data. Secure cloud storage firm Vault Systems and ID Exchange will be working together to present consumers with the premier option for self-sovereign cloud-based storage. The partnership provides even more value as it comes on the back of ID Exchange’s exclusive Australian representation of UK personal data platform digi.me. Digi.me was founded by serial entrepreneur Julian Ranger, whose previous company STASYS, which he sold to Lockheed Martin in 2005, developed worldwide Military Internet Interoperability Solutions. Theft of PII (Personally Identifiable Information) is on the rise, with millions of global consumers and businesses affected by cybercrime on an annual basis. Vault Systems is one of only a handful of organisations certified to provide next-generation secure data storage to the Australian government. The partnership with ID Exchange, and digi.me, allows customers to hold all their personal data (social, financial, health and more) on their personal cloud secured in Australia with a best of breed solution at all steps of the process. “This collaboration ensures Australians may select an onshore cloud service that mirrors digi.me’s military-grade design; providing what would typically be considered an enterprise product at an affordable price point for individuals,” said Joanne Cooper, Managing Director of ID Exchange. Trust is the prime factor for platforms such as digi.me, where the app acts as an automated librarian and postman for countless consumer-based data transactions where privacy, consent management, security and data sovereignty are paramount. “Feedback from everyday Australians tells us that consumers don’t want their sensitive or private information cascading around borderless data centre facilities. Considering we are talking about your ultimate master record of personal data, we knew that working with Australian cloud security leader Vault Systems to develop such an offering was the natural fit,” she said. The digi.me app is free for consumers and the digi.me business does not see, touch or hold any personal data. This showcases a paradigm shift around the handling of consumer-controlled universal data. The Australian Federal Productivity Commission’s Data Use and Availability has ignited the app development community to maximise the utility of personal data in a compliant “privacy by design” manner. “Vault Systems is pleased to partner with digi.me and ID Exchange on this initiative, which allows sensitive personal data to be secured within Australian borders,” said Rupert Taylor-Price, Founder and CEO of Vault Systems. “Our government community cloud is the security leader in Australian cloud systems, certified by the Australian Signals Directorate to provide secure storage for both protected and unclassified data.” Ends ---------------------------------------------------------------------------- Editor’s notes: For UK interview requests, please contact digi.me Communications Editor Emma Firth on emma@digi.me or + 44 7812 608577. In Australia, please contact: Martin Aungle, Explore Communications Pty Ltd. Tel: +61 2 4872 4981 Mob: +61 415 917 381 E: maungle@explorecomms.com.au Find more information about digi.me, including the app, at https://www.digi.me/, Vault Systems is at https://vaultsystems.com.au/ ID Exchange is at https://www.idexchange.me About Digi.me Digi.me is a personal data exchange platform that allows consumers to gather together information currently scattered around the web and share it on their terms under the company’s bespoke Consent Access process. Digi.me is working with world-leading businesses in the health, finance, FMCG and telco sectors on projects unlocking the benefits of private consented data sharing for both consumers and organisations. About Vault Systems Vault Systems delivers fully compliant, risk assessed, ASD and IRAP certified Government Cloud to Australian federal, state and local government agencies and their partners. Unlike proprietary cloud platforms, where application of Australian Government security standards were managed as an afterthought, Vault’s Government cloud platform was purpose built with the sole intention of managing sensitive Australian data at the highest levels of security. Vault’s cloud platform natively embeds security controls to meet the requirements of Government, while providing extensive scalability, flexibility and remaining cost effective. Vault Systems is a trusted cloud provider within government and is working closely with major government departments, including the Digital Transformation Agency, the Department of Human Services, the Department of Employment, the Department of Health, the Department of Social Services and Department of Defence. Vault’s services are delivered through partners including Fujitsu, Leidos, Unisys, Citadel, RXP, Accenture, IBM, and DXC. About ID Exchange ID Exchange is digi.me’s Australia and New Zealand partner who are in development of social privacy innovation via unified Opt In® and Opt Out® consent App’s designed as an intermediated compliance service for consumers and business. The ID Exchange solution will assist consumers to construct a centralised view of their data access permissions or de-identification notices through consent receipts, whilst educating users on data protection and privacy rights in accordance with legislation. Digi.me fintech collaboration with Mainframe Cloud aims to return personal data to consumers 2018-02-12T07:19:29Z digi-me-fintech-collaboration-with-mainframe-cloud-aims-to-return-personal-data-to-consumers UK personal data platform digi.me aims to return a wealth of trapped personal data back to consumers through a new partnership with Sydney-based fintech start-up Mainframe Cloud. Digi.me and Mainframe Cloud spied an opportunity to work together on an API that could securely access and enable the download of personal data. The companies, who were introduced by digi.me’s Australian partner ID Exchange, are working on agreeing a proof of concept with Australian government agencies as a first step to fully exploring the benefits and potential of utilising data streams to drive consumer-centric innovation. Being able to use verified, authenticated and secured data sets such as proof of earnings, for example, will enable individuals access to wider benefits such as expedited loan approvals. Digi.me Founder and Executive Chairman Julian Ranger said: “Returning data to individuals to own, control and then share with their consent opens the opportunity for significant innovation across financial, health and other sectors, all whilst ensuring privacy and security of personal data. However, a lot of personal data is stuck in stovepipes today which can’t be readily made available to individuals, especially where older mainframe technology has been used to process that data. “Mainframe Cloud’s proprietary technology enables straightforward access to that data which would otherwise never be able to be returned to the individual – digi.me’s partnership with Mainframe Cloud will cover opportunities around the globe, and we are looking forward to proving this partnership in Australia.” Mainframe computers are the foundation of the global economy, with IBM estimating that 70-80% of data worldwide resides or originates on mainframes. They are typically used by Governments, banks, insurance companies, airlines and big retailers. The complexity and cost of mainframe systems creates huge data bottlenecks and is a significant barrier to digital transformation globally. Mainframe Cloud has been working to break down these barriers and in 2016 won a deal with the Australian Taxation Office to help address some of these issues. Addressing the technical barriers and security concerns that currently prevent access to personal transaction data is an excellent opportunity for both digi.me and Mainframe Cloud to demonstrate the combined power of their solutions. Ben Pearson, Mainframe Cloud’s CEO said: “Mainframe Cloud is excited to be collaborating with digi.me because a lot of personal data around the world is stored on mainframes. Obtaining access to this data is difficult and expensive, and practically impossible as an individual. “Governments don’t provide this data because of security and cost concerns but giving individuals the freedom to access their own data is incredibly important. Mainframe Cloud’s technology solves the access issue, while digi.me manages user authentication and security. “When you combine the technologies, it’s like being given a key to your own personal government filing cabinet.” The next step is to find a government agency prepared to trial the digi.me/Mainframe Cloud initiative and demonstrate the art of the possible. Ends ---------------------------------------------------------------------------- Editor’s notes: For UK interview requests, please contact digi.me Communications Editor Emma Firth on emma@digi.me or +44 7812 608577. In Australia, please contact Ben Pearson, CEO, Mainframe Cloud, on +61(0)407 268 037 ID Exchange, CEO, Joanne Cooper on +61 (0) 400 770 147 Find more information about digi.me, including the app, at https://www.digi.me/, Mainframe Cloud is at http://www.mainframecloud.com/ ID Exchange is at https://www.idexchange.me About Digi.me Digi.me is a personal data exchange platform that allows consumers to gather together information currently scattered around the web and share it on their terms under the company’s bespoke Consent Access process. Digi.me is working with world-leading businesses in the health, finance, FMCG and telco sectors on projects unlocking the benefits of private consented data sharing for both consumers and organisations. About ID Exchange ID Exchange is digi.me’s Australia and New Zealand partner who are in development of social privacy innovation via unified Opt In® and Opt Out® consent App’s designed as an intermediated compliance service for consumers and business. The ID Exchange solution will assist consumers to construct a centralised view of their data access permissions or de-identification notices through consent receipts, whilst educating users on data protection and privacy rights in accordance with legislation Digi.me link-up with Mafematica to revolutionise Super Funds management 2018-02-12T07:15:35Z digi-me-link-up-with-mafematica-to-revolutionise-super-funds-management Planning for Australia’s do-it-yourself Self-Managed Super Funds (SMSF) pensions will be vastly simplified as the result of a new partnership between UK personal data platform digi.me and new era investment and behavioural planning tool Mafematica. The deal will combine digi.me’s ability for users to securely add their personal finance data and store it safely in a personal cloud they own and control, with Mafematica’s powerful engine of investment choices, retirement forecasts and associated investment transactions. The result will be simplified retirement planning, with up-to-date analytics and retirement forecasts helping SMSF trustees to easily stay on top of their retirement planning and in control of their finances, all privately and securely. Digi.me Founder and Executive Chairman Julian Ranger said: “Self-Managed Super Funds are important to many Australians’ future financial security. “When Mafematica identified digi.me as the solution to source data for their fund management platform, and to provide data back to the individual using digi.me’s unique platform where the individual owns and controls their own data, we recognised this as a great example of how innovation can be undertaken using personal data in a private and secure manner. “We are pleased to be chosen by Mafematica and see this as a great example for the FinTech community as a whole.” Derek Condell, Mafematica CEO, said: “We loved the idea of a partnership with digi.me, and how SMSF Trustees can confidently use the Mafematica system without their data being held directly by Mafematica.” Through Mafematica, SMSF Trustees can fine tune a retirement estimate based on their own data, such as age, actual investments and size of fund. They can view various graphics and a wide range of other, professionally constructed investment portfolios to analyse their retirement cashflow forecasts and then purchase securities or managed funds via a choice of stockbrokers and other service providers. ID Exchange, digi.me’s Australian partner, facilitated the implementation of Mafematica, a firm that shares founder Joanne Cooper's strong belief that consumers are well overdue for the benefits of disruption in the SMSF area. She said: "You’re on to a winner when you can bring personal information within the secure and compliant, but simplified, constructs of digi.me; constructs that give transparency and agility around the traditionally legally complex processes of SMSF investment decisions. “Finally, we have a platform like digi.me that can be used by deep category firms such as Mafematica to assemble an app that helps power wealth and income creation in a consumer centric way. Ends Editor’s notes: For UK interview requests, please contact digi.me Communications Editor Emma Firth on emma@digi.me or +44 7812 608577. In Australia, please contact Mafematica, Derek Condell, Director on +61(0) 419 498 345; or Dr Frank Ashe on (+61) 481 130 929. ID Exchange, Joanne Cooper, CEO on +61 (0) 400 770 147 Find more information about digi.me, including the app, at https://www.digi.me/, Mafematica is at www.mafematica.com.au ID Exchange is at https://www.idexchange.me About Digi.me Digi.me is a personal data exchange platform that allows consumers to gather together information currently scattered around the web and share it on their terms under the company’s bespoke Consent Access process. Digi.me is working with world-leading businesses in the health, finance, FMCG and telco sectors on projects unlocking the benefits of private consented data sharing for both consumers and organisations. About Mafematica Mafematica is a new era investment platform that will provide investors, particularly Self-Managed Superannuation Fund trustees, with direct access to professionally built investment portfolios and associated retirement cash-flow forecasts using modern techniques not seen in financial services previously. Mafematica is strongly supported by leading SMSF industry businesses in technology, brokerage, distribution and administration. About ID Exchange ID Exchange is digi.me’s Australia and New Zealand partner who are in development of social privacy innovation via unified Opt In® and Opt Out® consent App’s designed as an intermediated compliance service for consumers and business. The ID Exchange solution will assist consumers to construct a centralised view of their data access permissions or de-identification notices through consent receipts, whilst educating users on data protection and privacy rights in accordance with legislation. Digi.me and SISS partner to give bank data back to Australians in true win-win 2018-02-12T00:13:50Z digi-me-and-siss-partner-to-give-bank-data-back-to-australians-in-true-win-win Australian consumers will be able to easily download a personal and reusable copy of their bank account data for the first time thanks to a partnership between SISS Data Services (SDS) and UK technology platform digi.me. The partnership will leverage SISS’s expertise in providing bank-compliant and secure data feeds, which cover 80 per cent of the country’s banks, and digi.me’s unique personal data platform, which allows individuals to download their transactions into a secure cloud library that only they own and can access, and then share slices of it in return for personalised services or offers. The deal will also boost FinTech innovation in the country, which is being hampered by open banking principles seen elsewhere not yet being adopted, causing companies to resort to insecure data scraping to access customer data for new services. Bank-compliant data being downloaded directly by individuals cuts out this problem entirely, as businesses can go direct to them to request it, and receive a complete, normalised, private and secure financial data feed from the individual using digi.me’s local API. Digi.me’s Founder and Executive Chairman Julian Ranger, who is currently on the Lord Mayor’s FinTech Trade Mission to Australia, has already visited the country several times in the lead up to the SDS partnership to consult directly with the Australian banking sector and the Federal Government. He said: “The ability to reuse your own banking data in financial and other applications and to do so with your consent with complete privacy, allows transformational services to be provided to you. “All of this is now enabled by our partnership with SDS who can open pathways to over 80 per cent of Australian banking data with the highest standards of trust. “This will be a huge boost to innovation in Australia, which can also be exported worldwide, which means everyone from the consumer, businesses, the economy overall as well as society and the Government wins and will benefit.” SDS CEO Grant Augustin said Ranger’s vast background in US military internet operability was a key factor in getting the deal off the ground. He said: “Confirming key functionality around chain of custody, data taxonomy and the highest security criteria was paramount to working with the digi.me platform. Digi.me’s unique architecture where the data is held by the individual, and digi.me does not see, touch or hold data ever, and its security design coupled with our API technology, exudes a best practice approach towards Open Banking that meets the highest standards required for transiting consumer data”. Charles Bowman, the Lord Mayor of London, said: “Digi.me is providing the perfect example of the international growth I want to see from British tech companies in the next few years. I look forward to seeing digi.me’s growth in Australia in the years to come.” The deal, which was brokered by digi.me’s Australian partner ID Exchange, has been formally signed and Australians will be able to start downloading a copy of their own bank data via the SISS interfaces through digi.me from April. Ends ---------------------------------------------------------------------------- Editor’s notes: For UK interview requests, please contact digi.me Communications Editor Emma Firth on emma@digi.me or + 44 7812 608577. In Australia, please contact: Martin Aungle, Explore Communications Pty Ltd. Tel: +61 2 4872 4981 Mob: +61 (0)415 917 381 E: maungle@explorecomms.com.au Find more information about digi.me, including the app, at https://www.digi.me/, SISS is at http://sissdataservices.com.au/ ID Exchange is at https://www.idexchange.me. About Digi.me Digi.me is a personal data exchange platform that allows consumers to gather together information currently scattered around the web and share it on their terms under the company’s bespoke Consent Access process. Digi.me is working with world-leading businesses in the health, finance, FMCG and telco sectors on projects unlocking the benefits of private consented data sharing for both consumers and organisations. About ID Exchange ID Exchange is digi.me’s Australia and New Zealand partner who are in development of social privacy innovation via unified Opt In® and Opt Out® consent App’s designed as an intermediated compliance service for consumers and business. The ID Exchange solution will assist consumers to construct a centralised view of their data access permissions or de-identification notices through consent receipts, whilst educating users on data protection and privacy rights in accordance with legislation.