A guide to the European Commission’s proposed legal framework for regulating high-risk AI systems
On 21 April 2021, not long after a leaked portion had caused a stir, the European Commission published its proposed legal framework for the regulation of artificial intelligence (“AI”). Whilst only a first draft, therefore subject to the push and pull of the amendment (or ‘trilogue’) process over the coming months, it marks an important milestone in the European Commission’s journey to engender a culture of ‘trustworthy’ artificial intelligence across the European Union. The proposal has important implications for the developers of biometric systems, like Yoti. Although it will undergo a number of revisions before the
Automated age checks for StrongPoint
We’ve teamed up with StrongPoint to deliver automated age checks in their self-checkouts, Click & Collect lockers and Vensafe dispensing machines. Customers can simply look into the camera on the device and have their age anonymously estimated in seconds. If they look under the configured age threshold, they can prove their age with the Yoti app. Products: Facial Age Estimation, Digital ID Read more about transforming your shopping experience
Project Endeavour: eKYC and customer acquisition platform
Project Endeavour is our partnership pilot which combines our best-in-class digital identity technology with anti-fraud and AML risk screening data services from Synectics Solutions. Our shared tool is designed to enable customers to onboard instantly with a financial institution using their phone. Low risk customers, who make up roughly 90% of a customer portfolio of a Tier 1 UK bank, will be identified and granted instant access to products and services via a third-party marketplace.