Business
How Yoti can help the financial services industry
In today’s world, the financial services industry needs to be protected now more than ever. It’s critical to the growth of the UK economy but is constantly under attack from online actors on the hunt for money. With cyber security risks increasing, we’ve been working hard to build solutions that offer as much security as possible to such an important industry, and protection from these growing threats. The need for financial institutions to have customised systems is greater than ever due to the sophisticated nature of frequent cyberattacks. As these bad actors become more sophisticated with their approaches, we’ve had
How Yoti can help combat digital injection attacks
As use of online verification grows, there inevitably follows increasing temptation for bad actors to develop ways to exploit the process. As a provider of verification services we must show businesses, regulators and governments that we have robust anti-spoofing technology, checks and processes. An emerging but rapidly growing threat for verification services are digital injection attacks. What are injection attacks? Injection attacks are a form of attack on remote verification services. Direct attacks are the most common attempt to spoof systems. Examples of direct attacks are: Paper image 2D and 3D masks Screen image Video imagery Direct attacks are
PeopleCheck automate the background screening process to scale checks without limit
“The change in legislation was a once-in-a-generation perfect storm. The automation that’s come off the back of digital identity enables us to deliver swift onboarding and a platform that’s on the leading-edge of user experience and smart technology.” David Hutchinson People Check CEO PeopleCheck is the UK’s leading background check provider. We helped them: Meet the digital ID checking requirements for right to work and DBS. Automate significant parts of the screening process. Scale from 1 check to 1,800 in the same time. Solution: Right to Work Industry: Background screening Read the case study
NIST approval explained
Many companies in the identity space talk of NIST certification. What does this mean for you as a user of identity services and what does it mean for your customers? Who is NIST? NIST is the National Institute of Standards and Technology (NIST), a non-regulatory agency of the United States Department of Commerce. NIST’s remit is to create and certify measures, standards and technology to enhance trade and productivity. Formed in 1901, their remit is to provide standards and certification for businesses. At first this included clocks and thermometers, all kinds of ‘weights and measures’. But over time
Digital identity verification for DBS checks
The Disclosure and Barring Service (DBS) has updated its guidance on how to check someone’s identity for a criminal record check. Previously, the process was only possible by seeing physical documents. During the pandemic, employers enjoyed relaxed rules which allowed them to do this via video call. However, the government has now updated their guidance to allow for digital ID verification technology. This means candidates can prove their identity online, which is an absolute game changer for employers grappling with a remote-first world. But how does the process work and should you use it? Here’s our guide to digital ID
On Facial Age Estimation, improvements and updates
We continue to invest in improving the accuracy of our world-leading facial age estimation and we will soon be releasing a new ‘Jan 2023’ model with improved accuracy across all skin tones and gender for those aged 6-70. At Yoti we constantly strive to improve all our services given our commitment to tech for good, and given the growing market importance of these services and increasing regulatory engagement. For example, coming soon we’ll be introducing multiple, concurrent age estimation models, which will help improve accuracy even further, whilst still completing a check within seconds. We will also continue to update