Press releases
Press releases
Nov 02, 2023
Paays and Yoti Partner to Reduce Identity Fraud in Auto Financing
2nd November 2023, London, UK – Paays Financial Technologies Inc. (“Paays”), a leading provider of Fraud Detection, KYC, AML and Income Verification software solutions in Canada, is pleased to announce a new partnership with Yoti, a leading digital identity company. Paays will integrate Yoti’s identity verification technology with the Paays ID Verifier solution, to streamline the customer journey, strengthen identity checks and reduce the risk of fraud in auto finance applications. Lenders and dealers in auto finance are seeing increasing customer demand for digital processes. The Paays ID Verifier enables auto dealers and lenders to verify the identity of customers
Press releases
Oct 02, 2023
Yoti releases a new Digital ID app with Lloyds Bank
This follows the £10 million Lloyds Banking Group invested in Yoti to support the development of a new, reusable digital identity proposition London, UK, 2nd October 2023: Yoti has released a new Digital ID app with Lloyds Bank – Lloyds Bank Smart ID. The app gives people a more private, secure and convenient way to prove their age or identity from their phone. This follows the £10 million investment Lloyds Banking Group made in Yoti earlier this year. The investment supported the development of a new, reusable digital identity app to help combat the growing risks of identity fraud,
Press releases
Jun 28, 2023
Britton Management Profile partners with Yoti to streamline pre-employment identity checks
28th June, London, UK – Today, Britton Management Profiles, Canada’s first background screening company, has partnered with digital identity company Yoti to streamline and strengthen pre-employment identity checks. Britton Management has been trusted by global companies for over 48 years. They complete a number of background screening checks on a global level – from references, employment verifications, criminal background checks and identity verification on a global level. Historically, identity checks were completed by physically inspecting identity documents. But during the Covid pandemic, organisations had to pivot and find new ways to verify the identity of candidates. Britton Management has integrated
Press releases
Jun 05, 2023
Digital ID 'Shared Signals Pilot' launched to tackle evolving fraud risks
The first of-its-kind pilot is set to prove the feasibility of real-time fraud intelligence sharing between Identity Service Providers (IDSPs), the outcome of which could have major implications for fraud prevention, and help boost mainstream Digital Identity adoption. Stoke-on-Trent, 05 June, 2023 — Data insight specialist, Synectics Solutions, has announced that it has joined forces with leading IDSPs Mitek and Yoti on ‘Project Shield’. This ground-breaking proof of concept (POC) initiative aims to show how IDSPs can efficiently and securely share data connected to compromised credentials, accounts, and identities, via a shared signals co-ordination platform. In so doing,
Press releases
Apr 27, 2023
Yoti and SuperAwesome announce partnership to improve online safety and enhance parental consent
Digital identity company Yoti has today announced a partnership with SuperAwesome, an Epic Games company that provides tools for safer, responsible digital engagement with younger audiences. The two companies are integrating Yoti’s facial age estimation into SuperAwesome’s Kids Web Services (KWS) parent verification tool. KWS enables developers to verify the identity of parents or guardians when granting their children permission to use features that collect personal information. This process, known as Verifiable Parental Consent (VPC), is needed to confirm that the parent giving permission is, in fact, an adult and ensure compliance with privacy laws. VPC is typically done by
Press releases
Mar 02, 2023
Lloyds Banking Group invests £10 million in digital identity company Yoti
Investment will be used to develop innovative technology that protects customers’ identities and personal data online Lloyds Banking Group will support Yoti in developing a new, reusable digital identity proposition that will help combat the growing risks of identity fraud Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data. Yoti offer a range of digital identity solutions that make it simple for people and businesses