Xref (ASX:XF1)
CEO Lee-Martin Seymour. Source: Xref
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Xref’s RapidID has entered an exclusive partnership with Higher Ed Services (HES) to deliver a new digital checking solution to verify university qualifications
  • HES has started building the Graduation Verification Service (GVS), which will be a central digital repository of graduation data that enables employers, recruiters and background checkers to verify a graduate’s qualifications
  • The advent of the GVS aims to provide a more cost effective, time-saving and reliable method for checking qualifications
  • Shares closed flat today at 75 cents

Xref’s identity checking business, RapidID has entered an exclusive partnership with Higher Ed Services (HES) to deliver a new digital checking solution to verify university qualifications.

HES has started building the Graduation Verification Service (GVS), which will be a central digital repository of graduation data that enables employers, recruiters and background checkers to verify qualifications.

The GVS will cover 20 years of historical records for each education provider and will be capable of verifying millions of unique qualification records.

The company said graduation qualification checks have historically been slow and expensive.

The advent of the GVS aims to provide a more cost effective, time-saving and reliable method for checking qualifications.

HES manages ‘My eQuals’ which involves 47 public universities across Australia and New Zealand.

The GVS will have access to graduation data of 400,000 students in Australian and New Zealand universities.

It will also be able to provide data from other tertiary providers that participate through My eQuals each year, as well as historic graduates from those institutions.

HES has partnered exclusively with RapidID to deliver the GVS to the market.

RapidID will act as the exclusive wholesale gateway, servicing all retailers who seek qualification verification as part of their own offerings.

After launching, the GVS will be available to all Xref customers via the the Xref marketplace and platform.

Xref Executive Director and CEO Lee-Martin Seymour said he is pleased with the partnership.

“We are delighted to become the wholesale partner in this ground-breaking initiative, which will materially improve the process of checking the academic qualifications of students attending Australian and New Zealand based universities and other tertiary education providers,” he said.

“The partnership evolved from a thorough tender process that recognised and valued the RapidID and Xref business processes, people and platform.”

“It provides yet another example of how the RapidID platform can be harnessed to deliver a cost-effective way for clients to check the veracity of potential employees’ academic credentials. We look forward to a long and productive relationship with HES.”

Xref shares closed flat at 75 cents.

XF1 by the numbers
More From The Market Online
The Market Online Video

Market Close: Green lights up on ASX for Easter hunt go

The ASX200 closed the day in record territory - nearly a per cent up with every…

Week 13 Wrap: Easter bunny delivers new all time high for ASX200

Another week, another all time high. The ASX200 clocked 7,901pts on Thursday for the first time…

Market shrugs as Fisher & Paykel announces mass recall

Fisher & Paykel has initiated a voluntary limited recall of batches of Airvo 1 and my…
The Market Online Video

Market Update: ASX glows red hot with another hit record

The ASX200 is trading up, hitting a new high of 7901 point and eclipsing the last…