News
Press releases
Nov 02, 2023
Paays and Yoti Partner to Reduce Identity Fraud in Auto Financing
2nd November 2023, London, UK – Paays Financial Technologies Inc. (“Paays”), a leading provider of Fraud Detection, KYC, AML and Income Verification software solutions in Canada, is pleased to announce a new partnership with Yoti, a leading digital identity company. Paays will integrate Yoti’s identity verification technology with the Paays ID Verifier solution, to streamline the customer journey, strengthen identity checks and reduce the risk of fraud in auto finance applications. Lenders and dealers in auto finance are seeing increasing customer demand for digital processes. The Paays ID Verifier enables auto dealers and lenders to verify the identity of customers
Press releases
Oct 02, 2023
Yoti releases a new Digital ID app with Lloyds Bank
This follows the £10 million Lloyds Banking Group invested in Yoti to support the development of a new, reusable digital identity proposition London, UK, 2nd October 2023: Yoti has released a new Digital ID app with Lloyds Bank – Lloyds Bank Smart ID. The app gives people a more private, secure and convenient way to prove their age or identity from their phone. This follows the £10 million investment Lloyds Banking Group made in Yoti earlier this year. The investment supported the development of a new, reusable digital identity app to help combat the growing risks of identity fraud,
Articles
Sep 20, 2023
Prioritising privacy and security: Yoti's commitment to meeting ISO standards
We’re committed to protecting the privacy and security of our users. That’s why we’re thrilled to announce that we have recently been certified to meet ISO 9001 and ISO 27701 standards. This is a huge achievement for us as it confirms that our quality management system and data protection policies and procedures meet international standards. These sit alongside ISO 27001 which we’ve met since 2015. What are ISO standards? The International Standards Organisation (ISO) is an independent body made up of industry experts from around the world. They’ve created a series of standards which cover almost all aspects
Articles
Aug 11, 2023
Yoti Foundation supports RIVET, funding and amplifying social change projects
Yoti, via the Yoti Foundation, are delighted to announce our support of RIVET, a nonprofit organisation funding and amplifying social change projects led by young people all over the world. RIVET brings together young people, NGOs and influencers to finance projects led by young people tackling everything from food insecurity in rural areas to systemic gender bias in their communities. RIVET support projects in 5 key areas: Environmental Sustainability Poverty Reduction Education Health and Wellbeing Inclusion To date, RIVET has funded over 1,000 projects in 66 countries, impacting over 260,000 people. They are an organisation that align closely with our
Articles
Jul 28, 2023
Yoti Identity Verification achieves WCAG 2.2 Level AA for accessibility
Our Identity Verification solution has achieved Web Content Accessibility Guidelines (WCAG) 2.2 Level A and Level AA for accessibility. This is a huge milestone for us as one of our founding principles is to ‘make Yoti available to anyone’. WCAG 2.2 Level A and Level AA WCAG’s framework is used as a benchmark for accessibility regulations around the world. To achieve WCAG 2.2, we had to meet all A and AA criteria. Level A conformance requirements prohibit elements that make the product inaccessible. If products don’t meet Level A criteria, they’re almost impossible for people with disabilities to use.
Articles
Jul 19, 2023
UK games industry publishes new guidelines for Loot Boxes
Loot Boxes, found in certain video games, give players the opportunity to receive random items. They can be purchased with real or virtual money or through gameplay. Loot Boxes are a lucky dip; the player doesn’t know what item they will receive. They might unlock new levels or give the players access to special characters, equipment and weapons. Loot Boxes can add an element of excitement to the game. But concerns have been raised that the very nature of receiving a surprise item can be addictive. That Loot Boxes could encourage and be a pathway to problem gambling. Following these