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Jan 21, 2020
Updates from the field – Tshepo’s diary entry January 2020
This is the second field diary entry from Tshepo, one of our Yoti Digital Identity Fellows. His year-long research project is looking at the digital identity landscape in South Africa, with a specific focus on the national smart ID identity programme from a human rights perspective. ***** My research on digital identity and fraud in South Africa has, so far, been incredibly interesting, with most people keen to share their opinions. Encouragingly, many were also eager to share their insights on a variety of issues around the subject of digital identity in particular. My research kicked off in Gauteng, focusing
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Jan 14, 2020
The Fifth EU Money Laundering Directive is arriving in the UK - here are a few things you need to know.
The Government’s amendments to the Money Laundering and Terrorist Financing Regulations (MLR) are coming into force. This is the result of the transposition of the EU’s Fifth Money Laundering Directive, as well as a set of standards set by the Financial Action Task Force (FATF). These amendments extend the obligations to meet the MLR requirements to other sectors, which means that they will be obliged to perform ‘Know your Customer’ (KYC) checks and potentially monitor certain transactions. For example, cryptoasset activities will now fall under the scope. Furthermore, businesses will also need to consider new high-risk factors when determining whether
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Jan 10, 2020
Yoti and native are tackling the touts with digital ID and great music
For those of you who are tired of touts beating you to the best shows and pushing up the prices of resale tickets, our latest partnership will be like music to your ears. We’ve partnered with native to deliver a nationwide tour featuring the drum and bass duo Sigma. We’ll be showcasing our revolutionary ticketing technology to prove events can be untoutable and put you, the fans, in control. And the best part? You can enter our ballot for free tickets before earlybirds go on sale for just £5 – and you can bet all your pennies that you
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Dec 13, 2019
Our approach to security and privacy
Just as the right to identity is a fundamental human right, privacy is too. We created Yoti to give everybody a secure, privacy-friendly way of proving their identity, online and in person. Privacy and security, therefore, aren’t just our priority but our raison d’etre. Our free Yoti app is built with privacy and security at its core and harnesses data minimisation techniques that enable you to share less data. We have a rigorous approach to security and have built an innovative database architecture designed to protect against data breaches or cybersecurity attacks. To ensure that we are held accountable, we
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Dec 06, 2019
DataKind UK's #7 Data Science and Ethics Book Club at Yoti
Last week, we had the pleasure of hosting the seventh Data Science and Ethics Book Club, organised by our friends at DataKind UK. This was the final book club of the year and the topic up for discussion was AI and race. This is a hugely important conversation to advance as our lives become increasingly digital and influenced by algorithms and machine learning. The reading list The main book that anchored the evening’s talk was Race After Technology by Ruha Benjamin, which provides an accessible but deep understanding about how technology can replicate and exacerbate racial inequality. This was
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Nov 29, 2019
Compliance at Yoti and why it matters to you
Updated 29th November 2019 to reflect change of SOC 2 classification from SOC 2 Type 1 to SOC 2 Type II. We do things differently to most tech companies. We’re proud of the fact that we always put compliance and our community first and we like to shout about it. The way we handle security and compliance is key to protecting your data. If we didn’t get that right, how could we expect anyone to trust us? And without trust, why would anyone use our app? So, with that in mind, here’s a run-through of the three main compliance