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
Yoti achieves iBeta NIST Level 2 for proprietary passive liveness technology, MyFace
MyFace has been awarded iBeta NIST Level 2 with 100% attack detection rate Yoti’s passive liveness technology can be used to strengthen age checks, prevent account takeover and protect against identity fraud MyFace white paper outlines performance and bias 2nd March 2023, London, UK – Digital identity company Yoti has announced its proprietary passive liveness technology, MyFace, is now compliant with iBeta ISO PAD Level 2. The technology achieved a 100% attack detection rate. MyFace verifies that a user is a real person, and not a presentation attack such as a printed or digital photo, video or mask –
Global retail report: Exploring how facial age estimation improves the self-checkout
Nearly four years ago we integrated our facial age estimation technology into retail self-checkouts. Since then, it has been trialled by retailers in the US and Estonia, with further pilots taking place in Germany, Poland and Czech Republic. And last year UK supermarkets – including Asda, Morrisons, Tesco and Co-op – tested the technology as part of a Home Office regulatory sandbox. The aim of the sandbox was to trial digital age verification for the sale of alcohol under the UK Licensing Act (2003). Detailed reports from the Home Office and the supermarkets who participated in the sandbox are due
Yoti launches eSign with Selfie
Digital identity company Yoti has launched eSign with Selfie, a new feature in their digital signing platform. In an industry first, Yoti is the first company to integrate selfie verification directly into the signing process. This new feature allows individuals to confirm their identity with a selfie before signing a document. This reduces the risk of impersonation and fraud, and provides transparency and confidence that the correct person has signed the document. The recipient captures a selfie and signs the document in one simple flow: Signer takes a selfie. The image is analysed by our passive liveness technology, Yoti MyFace®.
A look back on 2022
In a year where life feels like it’s in full flow again, so does Yoti! We continue to be the most downloaded Digital ID in the world, but that’s just half the story of our 2022. We’ve been busy teaming up with some of the world’s biggest social media platforms, got ourselves accepted in cinemas across the UK, and became the first certified digital identity service provider under the UK Digital Identity & Attributes Trust Framework for Right to Work, Right to Rent and criminal records checks. That and much more! Here’s a look back on what’s been going on
How Yubo became the first major social media platform to age-verify 100% of its users
“Yubo’s rapid, full-scale deployment of sophisticated age-verification technology with Yoti is just the latest evidence of its unwavering commitment to online safety innovation.” Annie Mullins OBE Yubo Independent Safety Advisor Yubo is a live social discovery app making it easy for Gen Z to expand their social circles and hang out online with new friends from around the world. We helped them: Age-verify all users during the onboarding process. Limit interaction between teens and adults. Detect bots and fake profiles. Solution: Facial Age Estimation Industry: Social media Read the case study