Articles
Nov 06, 2019
Yoti is proud to be an accredited Fair Tax Mark business
We’re on a mission to become the world’s trusted identity platform and protect society from the growing threat of fraud. While building trust means ensuring our technology is robust and secure, it’s also about doing the right thing as a team of individuals and company. Yoti’s ethical framework and principles shape every area of Yoti, from our development practices right through to our approach to taxes, which is why we’re proud to be an accredited Fair Tax Mark business after passing our annual review. The Fair Tax Mark is an independent certification scheme, which recognises organisations that demonstrate they are
Articles
Apr 29, 2019
Yoti supports the seven ethical principles for biometrics
We believe that our technology should keep people safe and work for everyone equally. So, we support the seven ethical principles for biometrics, released by the Biometrics Institute. These principles enable anyone working in the biometrics industry to show they’re committed to addressing ethical issues raised by new technology – biometrics in particular. Here are the seven principles. Ethical behaviour The first principle states that companies must act ethically even beyond the requirements of law. Ethical behaviour means avoiding actions which harm people and their environment. We’re proud to be one of the UK’s founding B Corps, which means
Articles
Feb 07, 2019
The case for digital IDs
As Director of Regulation and Policy at Yoti, I’m delighted to see techUK highlight the importance of secure digital identities in their new white paper ‘The Case for Digital IDs’. They argue that as the UK pursues the ambition to be the world-leading online economy, the need for digital identities is becoming ever more apparent. Secure and robust age verification for retailers Without secure identity solutions, individuals cannot easily and safely connect to digital services. If they need to verify their age online, they currently check an 18+ tickbox or manually enter their date of birth – both of
Articles
Dec 11, 2018
Yoti signs the Safe Face Pledge
From today, we are a proud partner of the Safe Face Pledge. We are firm in the belief that our technology should keep people safe and work for everyone equally. So, we support the pledge. The Safe Face Pledge The Safe Face Pledge urges companies using artificial intelligence (AI) to ensure that facial recognition technology is not misused to bring harm to anybody, abused by law enforcement or employed to assist secret or discriminatory government activities. It requires its partners to show value for human life, dignity and rights, address harmful bias, facilitate transparency and embed it into their
Articles
Dec 06, 2017
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
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