Yoti blog
Stories and insights from the world of digital identity
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
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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 &
Yoti's 2nd Charity Hack
Last week, we hosted our second charity design hack, here at the new Yoti HQ. We design our charity hacks with two aims in mind. The first is to explore the ways in which the Yoti identity platform (which is free-of-charge for eligible charities) can help non-profits solve local and global problems. The second is to help provide the tools and nurture the confidence of charity staff to embrace digital technology. In the spirit of being agile, we adapt the format of the event based on feedback and experience. Like our event in February, last week’s hack took the form
Articles
Jul 04, 2017
NSPCC & Yoti working together to help keep children safe online
At Yoti, we’re committed to using our identity checking system as a force for good. We’re a B Corporation with a set of principles to guide us and a Guardian Council of respected and influential individuals to hold us to account. We’ve also made our platform free-of-charge for individuals and charities to use. We know that to really understand how our platform might be put to use to help solve local and global problems, we need to work with experts. So in February this year, we held a hack event to explore the challenges charities face checking ID and see
Articles
Mar 10, 2017
Yoti’s Inaugural Hack Week: Lessons Learned So Far
In February, we held our first hack week here at Yoti, focusing on the the challenges that charities face with verifying people’s identity. We think that the hack method is an under-exploited tool in tech companies Social Responsibility toolkit. We have a hunch that we could use the method both to support charities to deploy technology to solve local and global problems, and nurture their confidence to embrace digital technology more broadly. So our inaugural hack was our first opportunity to test our hypothesis. Our Hack Week Format MONDAY Our Hack week partners, Founders and Coders CIC, spent the
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Get up to speed on what kind of company we are
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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
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Mar 20, 2024
Say hello to our 2024 B Corp Impact Report
We’re delighted to reach our ninth year of being a B Corp. When Yoti was founded 10 years ago, we knew that we wanted to do business the right way. Because that’s the only way we can truly make the digital world safer for everyone. Our founders knew that in this industry, we were going to come up against some complex ethical questions. Working with identity, personal data and biometrics is a delicate matter. And that’s one of the reasons we became a B Corp – to hold us accountable to all our stakeholders including our people, clients, suppliers, the
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Feb 22, 2024
Addressing social challenges: How eSignatures can help solve everyday problems
Our purpose is at the core of everything we do. Our principles are integrated throughout our business, whether that’s how we go about our day-to-day operations, interact with one another or design and build our solutions. This series looks beyond just how our products can benefit businesses. It also explores how they are helpful to the people using them. This article focuses on eSignatures. Tackling fraud People are becoming more aware and better informed of the different types of scams out there. So fraudsters have had to respond with new and increasingly complex techniques. In turn, people and businesses