Business
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
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
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
Introducing the New College Lanarkshire student digital ID card
We’re helping New College Lanarkshire make life easier for their students with digital ID cards on their phone. The contactless, digital student ID cards are remotely issued via the Yoti app and can be digitally updated in real time. All students need to do is set up a Yoti account, add their photo, student email address and as if by magic, their card will appear on their home screen. No printing plastic, no queuing for photos – just your student ID card delivered straight to your phone. New College Lanarkshire New College Lanarkshire
ID checks in your website or app
We combine world-leading technology with expert human recognisers to ensure only genuine customers can get through your identity checks. For your customers, it’s as simple as taking a photo of their government-approved ID document and a photo of themselves. Customers can also add proof of address in the same session. Solution: Identity Verification
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.