Imagine a not too distant future where form filling - registrations, sign ups, even emergency information - will be a thing of the past. This might be hard to envisage in the current age of information sharing, as we stray further and further away from the control we have over our own information. To see this future come to fruition, we need to first be able to gain full control of our personal information, and figure out a way to share and exchange information in a hassle-free, seamless, and simple way.
Introducing Regit; a smart, convenient, integrated communications platform that connects businesses and individuals, simplifying information exchange to just one click. No more filling up of forms every now and then, and most importantly, you as a user, have full control of your information. Before going into the simple magic behind Regit, let’s take a look at the core of the problems currently plaguing us all.
We are in the era of digital tech and security, where our personal information has taken the modern form of a key; gaining access to any network requires some sort of information sharing for record-keeping or identification purposes. The basic details of what makes us who we are, has become paramount in connecting us to the different entities that we deal with in our lives - banks, healthcare providers, insurance companies, employers, etc. To be a student of an institution, fill up a form. To be a member of an organisation, fill up a form. To register for an event, fill up a form. How many times have you had to divulge personal information such as your address or contact details to someone or an organisation repetitively over the past few months? The simple act of sharing, updating or editing personal information to individuals or organisations across various accounts have become painstakingly troublesome. As much as we don't want to, we have to, and we dread this. This is known as information burden, and information burden leads to a bigger problem, dirty data.
An existing and crucial problem that has been incurring significant losses in money and time for professional bodies such as business and associations is dirty data - data that is incorrect, incomplete, and outdated. Organisations are plagued by dirty data because of the way contact information is collected and maintained; through forms, telephone calls, emails, and other self-service methods. These methods are very manual, fragmented, and inconvenient to the end user, which creates dirty data. If you have been unable to reach your members because they have changed their contact data, or have sent out thousands of mailers and invites to your events, only to receive a few responses, then yes, you are indeed a victim of dirty data. Having good data isn’t just good for business from a costs perspective, but it can be critical in case of an emergency. Take a look at the infographic below to understand more on the causes and consequences of dirty data:
Apart from lost revenue opportunities and wasted resources, dirty data can bring about another problem that many organisations in Singapore are increasingly facing; increasing regulatory risks of not complying with the Personal Data Protection Act.
Just earlier this year on two separate cases, the PDPC has fined two major organisations in Singapore. In April, India-based Tech Mahindra was fined $10,000 for failing to protect the personal details of 2.78 million Singtel customers from unauthorised changes, which inadvertently caused the personal data of one customer to be leaked online. Earlier on in January, PropNex Realty was fined $10,000 after it inadvertently caused the personal data of 1,765 people to be leaked online. It is the second time the real estate industry has been in the news in the last three years over data privacy issues.
The threat of regulatory compliance infringement is real, and these fines are incurring organisations all over the world unnecessary losses.
The Solution - Regit
Picture this; sign up for a Regit account, fill up all your personal information on our secure platform, and connect to your favourite businesses and individuals through Regit Handshakes. Just once. Now imagine, you shift to a new home or change certain information such as new employment; instead of having to call, email or personally update various organisations such as your bank, insurance company, association membership etc repetitively, you just have to update the changes on your Regit account and instantly, all the organisations you’ve “handshaked” with will receive the updates in real time. You save time by only updating your information on one place, and your connected businesses and individuals save time by not even doing anything!
So you’ve bought a new home and have been working for a year at your new company, and it’s the time of the year where your hard-earned bonus lets you plan for a nice vacation with your friends. All of you are on Regit, and before the trip you delegate emergency contacts among one another to access vital information such as blood type or any known allergies. Should anything happen in the event of an emergency and your unfortunate friend is rendered unconscious, you can save a life by accessing his information and providing it to the doctor with just a click of a button. No more frantic phone calls back home, and precious time is saved.
Or maybe you’re at work one day, and your son or daughter needs information from you such as your NRIC number or work details. Instead of needing to call you or send text messages back and forth, one click is all it takes on his/her Regit mobile app.
The applications of Regit are nearly endless, both businesses and individuals can now lay back and take comfort in the fact that their information - personal or customer - can be easily communicated among one another on a simple, smart, and integrated platform that is highly secure by industry standards. No more hassle, no more regulatory risks, no more physical forms. Imagine a future where everyone is onboard Regit, and every single registration or information exchange required is done with just one click.