in january 2018, infotrack conducted a survey on legal and ... · in january 2018, infotrack...
Post on 07-Jul-2020
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Snapshot of the Australian VOI landscape in 2018Results from the 2018 InfoTrack Verification of Identity survey
In January 2018, InfoTrack conducted a survey on Legal and Conveyancing professionals across Australia to gain a better understanding of the Verification of Identity (VOI) landscape in Australia.
30% are not up to datewith the most current Land Registries requirements for their state���
true ownerof a property
How do you confirm that you’re dealing with the
�?? taking ‘reasonable steps’ to verify your client’s indentity?
Where do you store your VOI data?
of an international client
Are you confident that your current VOI process ensures that you are
17% use the fair-trading guidelines as a checklist
63% have an internal process in place that is followed by all staff
10% use a verification app
10% use a verification agent
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56%very confident 33%
somewhat confident 10%
notconfident
53%33% don’t think that Australian VOI requirements are strong enough to detect fraud
encountered a person endeavouringto commit identity fraud
12%in 2018
3%in 2016
33%streamlining or automating their VOI process
are considering options for
have verified the identity
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59% in-house
52%
20182016
12% secure off-site storage20182016
22% cloud storage
34%
20182016
7% other
11%
20182016
4%
www.infotrack.com.au
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