Identity verification
Articles
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
Feb 13, 2024
Understanding verification requirements in the new Digital Services Act
The EU’s new Digital Services Act (DSA) will apply from the 17th February this year. Originally only applicable to ‘very large online platforms’ (VLOPs) and ‘very large online search engines’ (VLOSEs) with over 45 million monthly users, it will eventually be expanded to cover all online intermediaries and platforms that offer their services to users based in the EU. These include online marketplaces, social networks, adult content companies, content sharing platforms, app stores, and online travel and accommodation platforms. To comply with certain parts of the Act, platforms will need to have effective verification of business users and support age-appropriate
Articles
Jan 18, 2024
Addressing social challenges: How identity verification can help solve everyday problems
At Yoti, we consider our social purpose alongside everything we do. Through every step of the design process, we think about the everyday challenges that our solutions can solve. This series looks at how our products can benefit individual users and wider society. This article focuses on how identity verification could help with some common issues. Why do we need to verify our identity online? As technology evolves, more services are moving online. Companies need to ensure that the right people can access the right services for them. This has resulted in a growing need for people to prove
Articles
Oct 27, 2023
Report: The importance of accessible and inclusive identity verification
A recent YouGov survey of 2,000 GB adults found that 69% have proved their identity online using a physical document. Of those, 71% found the process easy to use. Whilst almost half (47%) said they would prefer to prove their identity online, 26% said they would prefer to do this at a Post Office. One in five (20%) expressed no preference. With more services moving online, identity verification needs to be as accessible and inclusive as possible. Through our partnership with Post Office, we are making strides to ensure our solutions cater to as many people as possible. We offer
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
Feb 22, 2023
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
