Published: Wednesday April 3, 2013
Written by on News
London – 3rd April 2013 – GB Group Plc, the leading Identity Management specialist, has announced today that it can now provide an in-depth ID Verification solution for New Zealand, Singapore and Luxembourg.
The release of this new country coverage means that businesses will be able to verify the identity of citizens who reside in these countries, whilst complying to Anti-Money Laundering (AML) regulations or age verification requirements. It also increases GBGroup’s (GBG) ability to provide a deeper level of ID Verification of citizens in countries that represent approximately 55% of global GDP.
According to the latest MasterCard Online Shopping Survey, two-thirds (68%) of New Zealanders use the internet for online shopping among other activities, and 82.3% shopped online in the past three months. Singapore recorded the biggest increases in online shopping behavior, registering a 9 Index Point increase in 2012.
John Lord, Managing Director at GBG comments, “Asia-Pacific is hugely significant from an eCommerce growth perspective. Recent research completed by eMarketer, detailed that with a projected growth of more than 30% to over USD$433 billion, Asia-Pacific is forecast to deliver more than one-third of all global B2C eCommerce sales and surpass North America to become the world’s No. 1 market in 2013.
“As the number of citizens who venture cross border to purchase their goods online increases, our latest market additions to our ID3global product suite will present new sales opportunities for companies wishing to trade with consumers from New Zealand and Singapore, plus Luxembourg. The expansion of our ID Verification capability re-enforces our position as the world’s leading global ID Verification provider.”
About GB Group plc
GBG is a leading Identity Management business. It helps organisations recognise and verify all elements of an individual’s identity at every interaction. Through the application of our proprietary technology, we enable organisations to connect, communicate and transact with people safely, responsibly and profitably. In doing so, we help businesses like O2, Laura Ashley, HMRC, LloydsTSB, Virgin Games, PartyGaming, Betfair and Ladbrokes understand their customers better to create more meaningful customer interactions – and reduce costs across the business.
GBG is listed on the London Stock Exchange (GBG). For more information, please visit GBG’s website: www.gbgplc.com
GBGroup - Using Identity Intelligently
For any further information, please contact:
Maxine Morgan, GB Group
Number: 01244 657333
Louise Waller, Bite Communications
Number: 0208 834 3445