DataKind UK's #7 Data Science and Ethics Book Club at Yoti
Last week, we had the pleasure of hosting the seventh Data Science and Ethics Book Club, organised by our friends at DataKind UK. This was the final book club of the year and the topic up for discussion was AI and race. This is a hugely important conversation to advance as our lives become increasingly digital and influenced by algorithms and machine learning. The reading list The main book that anchored the evening’s talk was Race After Technology by Ruha Benjamin, which provides an accessible but deep understanding about how technology can replicate and exacerbate racial inequality. This was
Compliance at Yoti and why it matters to you
Updated 29th November 2019 to reflect change of SOC 2 classification from SOC 2 Type 1 to SOC 2 Type II. We do things differently to most tech companies. We’re proud of the fact that we always put compliance and our community first and we like to shout about it. The way we handle security and compliance is key to protecting your data. If we didn’t get that right, how could we expect anyone to trust us? And without trust, why would anyone use our app? So, with that in mind, here’s a run-through of the three main compliance
Fighting financial crime with Yoti and Synectics Solutions
Our advanced identity verification technology is set to enhance the onboarding experience for financial services and help tackle identity fraud. Our partnership with Synectics Solutions is set to deliver simple, private and secure eKYC checks when people apply for financial services products. Synectics Solutions For over 27 years Synectics Solutions has been at the forefront of developing leading-edge, data driven solutions for its clients, to help them create effective risk management systems and reduce their losses to fraud and other financial crime. Synectics’ clients have saved over £4.8 billion collectively through the use of these market leading link analysis,
Yoti joins the world’s most innovative companies in the REGTECH100 2020
We are very proud to announce that Yoti has been selected as a REGTECH100 company. RegTech The REGTECH100 is an annual list that recognises the world’s most innovative technology solution providers who are addressing the challenges of delivering regulatory requirements within financial services. The regulatory technology industry has seen huge growth in recent years as it strives to meet the needs of financial institutions as they navigate unrelenting regulatory challenges. The key players The REGTECH100 list was born to help senior management and compliance professionals navigate and evaluate which solutions are most likely to have a lasting impact on the
How we built privacy into the Yoti app
Just as the right to identity is a fundamental human right, we believe privacy is too. Yoti was built to give everybody a simple and secure way of proving and protecting their identity, online and in person. With the free Yoti app, you can create a digital ID that allows you to prove who you are in the most privacy-friendly way. It is built with data minimisation at the core and allows you to share less data to prove your identity or age. You’re in control to show only the details you need, to the businesses and people you trust.
A look at our biometric technology
As our everyday lives become more digital, traditional IDs lag behind. They reveal more information than necessary, don’t make it easy to prove your identity remotely, and are easily lost and expensive to replace. That’s why we built Yoti app – to give everyone access to a digital ID built for a digital world. It makes the everyday easier and enables you to share less data and securely store your personal details in a privacy-centric way. We use biometric technology because it’s currently the most secure way of proving that you are who you say you are and that your