Yoti blog
Stories and insights from the world of digital identity
Yoti responds to the Draft Statement of Strategic Priorities for online safety
This week, Peter Kyle, Secretary of State for the Department of Science, Innovation and Technology, published a letter of proposed strategic priorities for online safety. We welcome the draft statement, which highlights the five areas the government believes should be prioritised for creating a safer online environment. These areas are: safety by design, transparency and accountability, agile regulation, inclusivity and resilience, and technology and innovation. Peter Kyle also made a strong statement that when the Online Safety Act comes into force, Ofcom will have his full support and will expect them to be assertive. He said, “The powers that
Shop with confidence: protect yourself on secondhand platforms with peer to peer checks
From clothes and accessories to furniture, toys and electronics, there’s a whole variety of secondhand items being bought and sold online. Over the last few years, the popularity of secondhand platforms has continued to grow. Sellers are keen to turn unused items into money and buyers are on the hunt for a bargain. In fact, 63% of UK online shoppers say they’ve bought secondhand in the past year, compared to 37% who haven’t. Clothing is most popular, with 30% of people purchasing a pre-owned clothing item in the last year. Our own research found that 65% of people will
’Tis the season to be thrifty: UK shoppers hunt out Christmas bargains on eBay, Etsy and Vinted, but scam fears linger
More than half of young people have been scammed themselves or know someone who has been scammed via secondhand marketplaces A quarter of Brits fear falling victim to online scams London, UK – 20th November 2024 – As the cost of living crisis continues to bite, new research from digital identity company Yoti (carried out by Censuswide) reveals that UK shoppers are tightening their belts this festive season, with 65% turning to online marketplaces in search of affordable Christmas gifts on sites such as eBay (46%), Etsy (27%), Vinted (22%) and Facebook Marketplace (18%). However, while bargain-hunting
Understanding age assurance in the UK’s Tobacco and Vapes Bill
In a significant move towards tightening regulations on tobacco and vaping products, the UK has introduced the Tobacco and Vapes Bill. Originally introduced by the previous Conservative government, the Bill has now been reintroduced by the new Labour government, signalling bipartisan support. The Bill aims to create a “smoke-free generation” by gradually raising the age of sale for tobacco and vaping products every year until they are completely phased out across the UK. What is the main aim of the Tobacco and Vapes Bill? The Tobacco and Vapes Bill seeks to tighten the regulatory framework around tobacco and
Deloitte UK Technology Fast 50 2024 - Yoti named as one of the UK's fastest growing tech companies
8th November 2024, London, UK – Yoti, a leader in digital identity, has been named in the 2024 Deloitte UK Technology Fast 50, ranking among the UK’s fastest growing technology companies. This achievement reflects Yoti’s impressive 1848% revenue growth over the last three years, securing its position at number 20 on the list. Robin Tombs, CEO at Yoti said: “We’re delighted to be recognised as one of the UK’s fastest growing technology companies. When we started Yoti a decade ago, we set out to fix the broken identity system. Thanks to the dedication and hard work by our team,
Age Check Certification Scheme evaluation for Yoti Facial Age Estimation
We are pleased to announce Yoti has been re-evaluated by the Age Check Certification Scheme (ACCS) for our facial age estimation (FAE) on our latest September 2024 model. ACCS now report our Mean Absolute Error (MAE) for 18 year olds is just 1.05 years, with a Standard Deviation (SD) of just 1.01 years. ACCS first tested Yoti’s September 2020 model in November 2020, reporting the MAE for 18 year olds to be 1.79, demonstrating our continued effort to improve the performance of our model. Yoti has been training its FAE model since early 2018 by using data captured mainly
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