Articles
Dec 15, 2020
Tackling money laundering in the art world
In early 2020 new regulations were introduced to help prevent money laundering and terrorist financing through the art market. The anti-money laundering legislation impacts high value transactions (or a series of linked transactions) of €10K+ made with any type of payment. Amongst other things, this requires art market participants to conduct identity checks, verifying that buyers and intermediaries involved in the sale of an artwork are who they say they are. ArtAML ArtAML is uniting art and technology to keep the sale of artwork in compliance with the new regulations. Their intuitive platform helps art
Articles
Nov 16, 2020
GPG 45 guidance on identity checks opens up for the private sector
In April, we wrote about the significant changes made to the Good Practice Guide (GPG) 45, the UK government’s standard for checking and verifying someone’s identity. If you’ve ever had to verify your identity with the government, it’s likely the process followed GPG 45. The guide is made up of five parts: Get evidence of the claimed identity; Check the evidence is genuine or valid; Check the claimed identity has existed over time; Check if the claimed identity is at high risk of identity fraud; Check that the identity belongs to the person who’s claiming it.
Press releases
Nov 05, 2020
Kingston Unity customers can take control of their CTFs with Yoti Digital ID
We’ve partnered with Kingston Unity to give Child Trust Fund (CTF) holders an easy way of taking control of their accounts with our digital identity app. Kingston Unity Kingston Unity is a friendly society based in Yorkshire. Unlike banks, they’re owned by their members, they don’t run for shareholder profit. They’ve been looking after their members’ money and best interests since 1840, and will be verifying thousands of CTF account holders over the next 8.5 years. What’s a CTF? Child Trust Funds (CTFs) are tax-free savings accounts that were introduced by the government as a
Articles
Oct 31, 2020
Teens put our age estimation technology to the test
Our anonymous age estimation technology allows anybody to have their age checked by simply looking into the camera on a device. This privacy-friendly approach to age verification doesn’t require any personal details or documents, and all information is instantly deleted once someone receives their estimated age – nothing is ever viewed by a human. We challenged teens, or should we say they challenged us. And the results were brilliant. Product: Facial Age Estimation Read the white paper
Articles
Oct 30, 2020
'FRANKD with Yoti' selected for CivTech 5.0 Accelerator Programme
We’re really excited to announce that our COVID-19 testing system ‘FRANKD with Yoti’ has been selected to enter a 12-week accelerator programme run by the Scottish Government, CivTech 5.0. CivTech is a worldwide network of public, private and third sector organisations working across the Civic and GovTech space to solve real-life problems and make people’s lives better. This is the fifth edition of the CivTech accelerator programme, which this year focuses on helping Scotland rebuild and recover from the coronavirus crisis. We’ve been selected to tackle Challenge 9; ‘How can innovation help NHS Scotland support employers to
Articles
Oct 23, 2020
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