News
Press releases
May 30, 2024
Yoti facial age estimation evaluated in the NIST Face Analysis Technology Evaluation program
Yoti proven to be the most accurate facial age estimation algorithm for those aged 13-16, a key age group for online age regulations and child safety 30th May 2024, London, UK – Digital identity company Yoti has had its facial age estimation technology independently evaluated by the National Institute of Standards and Technology (NIST), a US agency who provide standards and certification for businesses. The standards and measurements set by NIST are used as a benchmark for technological innovations globally. NIST evaluated Yoti’s facial age estimation as part of their Face Analysis Technology Evaluation (FATE) program. NIST has
Articles
Apr 15, 2024
Thoughts from our CEO
In this blog series, our CEO Robin Tombs will be sharing his experience, whilst focusing on major themes, news and issues in the world of identity verification and age assurance. This month, Robin chats about why facial age estimation is not easy to spoof, the recently passed age verification law in Texas, and the importance of human fallback for identity verification. Texas age verification law The US state of Texas can continue with their new law requiring platforms with adult content to verify the age of all users. The government said this is part of their legitimate interest in
Press releases
Mar 01, 2024
Yoti releases white paper detailing approach to combating generative AI and deepfakes
1st March 2024, London, UK – Digital identity company Yoti has published its first Generative AI white paper, detailing its approach to combating deepfakes. Yoti has focussed their strategy on early detection, using tools to prevent AI-generated content or attacks at the point of source. Whilst offering numerous benefits and advancements, generative AI also brings potential threats and challenges, including: Identity theft and fraud; the technology could be used to create synthetic identities and realistic forged documents Fake content; the creation of highly convincing content, including images, videos and audio recordings. Privacy concerns; the ability to generate realistic images
Press releases
Jan 12, 2024
CreditLadder teams up with Digital ID Connect to offer Rent Reporting to their users
12th January 2024, London, UK – CreditLadder, the UK’s first and largest rent reporting platform, is working with Digital ID Connect, the UK’s largest digital identity app network. This will allow Digital ID app users to seamlessly report their rental payments into the four main credit reference agencies. Just under 40% of people in England rent, and this increases to over 50% in London*. To help bring financial fairness to these tenants, CreditLadder has now reported over £1 billion in rent payments – this means these payments now appear on credit files therefore allowing lenders to see that on-time rent
Press releases
Dec 22, 2023
Digital identity company Yoti receives £12.5 million funding from HSBC
This is part of a wider funding round; with Yoti raising £20 million in total 22nd December 2023, London, UK – Digital identity company Yoti has received £12.5 million debt funding from HSBC, and a further £7.5 million convertible debt funding from existing shareholders. The £20 million funding will support the continued growth of the company through to achieving profitability and beyond. This funding round follows the £10 million Lloyds Banking Group invested in Yoti earlier this year. Yoti’s total funding to date now exceeds £166 million; the majority provided by its founders and angel investors since it was
Press releases
Dec 13, 2023
Yoti selects ROC.ai’s facial recognition software to enhance identity verification solutions
13th December 2023, London, UK – Yoti is delighted to announce it will start using ROC.ai’s world-class facial recognition software across its suite of ID platform services. A progressive, innovative leader in AI-powered computer vision and biometrics, ROC.ai’s facial recognition algorithms have been independently tested by the US National Institute for Standards and Technology (NIST). Their solutions are trusted by the US Department of Defence, federal and state law enforcement agencies, and some of the world’s leading financial institutions. ROC.ai is committed to delivering technology that respects privacy and works for all races, ages and genders. This is outlined in
