Yoti blog
Stories and insights from the world of digital identity
Press releases
Jan 25, 2018
Yoti and LedgerState showcase how next generation blockchain technology can transform the way governments handle personal data
Yoti and LedgerState today showcased at the World Economic Forum how governments and other organisations can capitalise on evolutions in blockchain technology to store personal data of their citizens and customers. Yoti, the digital identity platform, lets people create verified digital identities through their free smartphone app. The app uses facial recognition technology and a security team to match facial biometrics to approved photo IDs. These digital identities can then be written to a private ledger using an evolution of blockchain technology called Hashgraph. Hashgraph uses an asynchronous process, meaning it is not reliant on the proof of work
Articles
Jan 22, 2018
Tickets for Good and creative partnerships
In the non-profit partnerships team at Yoti, we’re always excited when we are able to see through a really socially impactful use case of our identity checking platform. Occasionally, however, the stars align and through one great partnership, we are able to creatively mobilise our resources to go that bit further. Social impact through your social life This happened recently with Steve Rimmer, Co-Founder of the Tickets for Good platform and related non-profit initiatives including the Tickets for Good Foundation and the TicketBank. We first met Steve when he applied for our non-profit hack event in September. He had
Articles
Jan 16, 2018
Introducing Yoti Password Manager
It’s safe to say that most of us are fed up with usernames and passwords. We know we should use stronger, unique passwords. It’s just that it’s not that easy to remember 14 random numbers and letters, is it. It’s hard enough to remember the variants you have of the one password you use for most of your accounts and websites, let alone a unique password for each one. The problem with passwords Good job then, that passwords are as rubbish as we are at remembering them. Passwords just aren’t adequate for protecting our online accounts anymore. The number
Yoti accepted into the FCA Sandbox
Yesterday the FCA revealed the next round of successful firms in its regulatory sandbox. We’re proud and excited to say that Yoti is one of those companies, along with Barclays, Nationwide, First Direct and Solidi, to name a few. The FCA Sandbox allows firms to test innovative products, services or business models in a live market environment, while ensuring appropriate protections are in place. It’s a fantastic way to encourage innovation in financial services. Yoti’s involvement in the sandbox We will be using the sandbox to test consumer’s appetite for our innovative form of KYC, which lets people prove
Articles
Nov 29, 2017
In the Spotlight with Leo, Growth and Partnerships Executive at Yoti
Last week we released our “Little Casanova” video which highlights the potential pitfalls of not knowing who you’re meeting, and the ease at which someone can create a fake profile online and pretend to be someone else. We caught up with Leo, Growth and Partnerships Executive at Yoti, who explains how you can use Yoti to check the identity of people you meet. Yoti can be used to check the identity of another person, why would I need to do that? Meeting new people is a part of everyday life. The problem is, we often need to trust these
Articles
Nov 16, 2017
Yoti is helping to make everybody good2rent
Renting a property has long been the norm, especially amongst Millennials. But tenants are facing fierce competition when it comes to securing their dream rental home and many are losing out. A huge contributing factor to this situation is the existing prolonged ID & referencing system. Something Yoti has enabled good2rent to make faster, easier and safer. good2rent is a tenant-led referencing solution for the digital age that puts renters back in control. Tenants use Yoti, a digital identity app, to easily ID themselves so they can then start building their renting profile. Their good2rent profile includes previous landlord &
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Aug 29, 2024
Protecting your heart and wallet: understanding romance scams
It is said that love makes the world go round. But as genuine daters are looking for love, there’s a growing risk of falling into a scammer’s trap. In this blog we explore the impact of romance fraud, common tactics used by fraudsters and how daters can protect themselves in their search for love. What is romance fraud? Romance fraud occurs when a scammer uses a fake profile and false identity to trick unsuspecting people on dating sites. They usually do this for fraudulent reasons and financial gain. The fraudster will often go to great lengths, convincing
Articles
May 28, 2024
The importance of transparency for facial age estimation
To protect young people online, businesses need to provide age-appropriate experiences for their users. This could apply to online marketplaces, social media networks, content sharing platforms and gaming sites. But to put the correct measures in place, businesses need to know the ages of their customers. It was previously thought that the only way to confidently establish a user’s age was with an identity document, like a passport or driving licence, or checks to third-party databases such as credit reference agencies or mobile network operators. However, regulators are now recognising facial age estimation as an effective alternative. As with
Articles
May 14, 2024
Making age checks inclusive
In today’s world, we can access a range of goods, services and experiences online. As a result, regulations are being passed across the globe to ensure that young people safely navigate the digital world. From the UK’s Online Safety Act to age verification laws in the US, platforms are being required to check the ages of their users. To do this effectively, the age assurance methods offered must be inclusive and accessible to as many people as possible. Why can’t businesses just use ID documents? Most people tend to think of age assurance as checking a person’s age