Yoti blog
Stories and insights from the world of digital identity
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
Yoti featured on Liminal’s list of Companies to Watch in 2023
Today, Yoti has featured on Liminal’s list of Companies to Watch in 2023. Each year Liminal, a strategy advisory firm serving the digital identity, cybersecurity and fintech markets, recognises ten standout companies with the potential to make significant impact in the coming year. Liminal’s research team, led by Travis Jarae, independently chooses all the companies on the list based on how well their products fit the market, their company momentum, and the current state of the ecosystem. Liminal has been tracking emerging trends, technologies, and business leaders in the rapidly evolving ecosystem of digital identity, cybersecurity, and fintech solution providers
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
Yoti launches eSign with Selfie
Digital identity company Yoti has launched eSign with Selfie, a new feature in their digital signing platform. In an industry first, Yoti is the first company to integrate selfie verification directly into the signing process. This new feature allows individuals to confirm their identity with a selfie before signing a document. This reduces the risk of impersonation and fraud, and provides transparency and confidence that the correct person has signed the document. The recipient captures a selfie and signs the document in one simple flow: Signer takes a selfie. The image is analysed by our passive liveness technology, Yoti MyFace®.
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