Press releases
Project Endeavour: our breakthrough eKYC risk assessment solution
We’ve joined forces with Synectics Solutions to deliver a groundbreaking anti-fraud solution for financial services that provides a comprehensive eKYC risk assessment at the touch of a button. Project Endeavour is our partnership pilot which combines our best-in-class digital identity technology with anti-fraud and AML risk screening data services from Synectics Solutions. Synectics Solutions is a recognised leader in the provision of fraud and financial crime risk analysis, and has been working with global financial institutions and data analysis organisations for over 27 years. Our shared tool is designed to enable customers to onboard instantly with a financial institution using their
Yoti partners with Synectics Solutions to deliver digital identity and risk assessment platform for financial services
Synectics Solutions and Yoti announced the partnership pilot, called Project Endeavour, which will also be supported by intelligence from Dow Jones Risk Solutions and the regulatory and compliance division of Eversheds Sutherland – Konexo. Endeavour is anticipated to break new ground in helping financial services companies increase their ability to access a young and digitally savvy market segment via a third party digital marketplace. It will also reduce the cost and time it takes to digitally verify a potential customer’s identity and perform real-time due-diligence checks as part of a comprehensive eKYC risk assessment. The first stage of the pilot for
Yoti develops NHS England and NHS Improvement digital ID card to help Covid-19 staffing pressures and improve safeguarding
Staff IDs verified with the Yoti app to provide a digital identity that preserves privacy and boosts security LONDON – 09/04/20 – NHS England and NHS Improvement have begun deploying a secure digital ID card solution from Yoti that puts employees’ NHS ID cards on their phone. The contactless ID app can be used to prove NHS identity online and in person in seconds with a tap of a button or scan of a QR code. It is designed to support the rapid and agile deployment of key workers into health services during the COVID-19 crisis and beyond. Digital
Gamesys Group PLC supercharges KYC with identity verification from Yoti
LONDON – 4th March 2020 – Global online gaming operator Gamesys Group PLC will leverage Yoti’s advanced identity verification technology to enhance the customer experience and KYC process while tackling identity fraud. Yoti’s integrated solution Doc Scan will transform Gamesys customer experience – offering a simple, private and secure way of proving identity when signing up for Gamesys sites on the web, mobile, and tablet. Doc Scan will be embedded into the Gamesys user flow and will deliver know-your-customer (KYC) and anti-money laundering (AML) checks to enhance compliance and boost onboarding efficiency for players around the globe that can access
native and Yoti present: the Untoutable Tour featuring Sigma
Yoti, the digital identity app with 6 million downloads and student experience platform, native, have developed a new system that tackles ticket touts using digital identities. The innovative approach will be showcased through ‘the Untoutable Tour featuring Sigma’ with six UK events in November and December, highlighting how technology can make events ‘untoutable’. The UK’s secondary ticketing market is estimated to generate £1bn each year with a significant cost to fans, artists and the industry. Independent research commissioned by FanFair Alliance has revealed that the money diverted into the pockets of touts leads to a dramatic drop in spending on
Yoti and Synectics join forces to trailblaze new digital identification technology to fight financial crime
LONDON, UK – 21 November 2019 – Synectics Solutions has partnered with the digital identity platform Yoti to leverage advanced identity verification technology and enhance customer onboarding for its clients. The partnership will help tackle identity fraud and prevent bad actors from accessing and using financial services to commit serious crimes. Synectics will utilise identity verification from Yoti to digitally transform the customer experience – offering individuals a simple, private and secure way of proving their identity for KYC when applying for financial services. The innovative move will provide Synectics’ clients with the ability to: Verify the identity of end-customers