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Rachael Trotman

Our communications manager for all things press and news.

Yoti and HSBC UK logos

Digital identity company Yoti receives £12.5 million funding from HSBC

This is part of a wider funding round; with Yoti raising £20 million in total  22nd December 2023, London, UK – Digital identity company Yoti has received £12.5 million debt funding from HSBC, and a further £7.5 million convertible debt funding from existing shareholders. The £20 million funding will support the continued growth of the company through to achieving profitability and beyond. This funding round follows the £10 million Lloyds Banking Group invested in Yoti earlier this year. Yoti’s total funding to date now exceeds £166 million; the majority provided by its founders and angel investors since it was founded

3 min read
A look back on 2023

A look back on 2023

It’s been another busy year for all at Yoti. We launched a new Digital ID app with Lloyds Bank, continued to campaign for a safer internet, recertified as a B Corp and completed over 6.5 million age and identity checks every month. That and much more! Here’s a lookback on some of our favourite highlights from the year…    Launched a new Digital ID app with Lloyds Bank Lloyds Bank released a new Digital ID app – Lloyds Bank Smart ID. The app, which is built using our technology, gives people a more private, secure and convenient way to prove

5 min read
An illustration of a balaclava-wearing criminal on a laptop screen, with a Christmas hat positioned on top of the laptop

Stay Merry and Scam-Free: Avoiding a Criminal Christmas

With identity fraud peaking over the festive season and many shoppers now doing the bulk of their Christmas shopping online, it’s more important than ever to know how to protect yourself and your personal information.  Louise Bruder, our Super Recogniser and Training Manager, is well equipped to share her top tips on how to stay safe this festive season:   Check who you’re buying gifts from If you’re planning to buy your loved one a gift from an online marketplace it’s important to know who you’re buying from. After all, it’s very common for scammers to list fake concert tickets

5 min read
Yoti and Jigsaw dating logos presented together

Jigsaw Dating partners with Yoti to ensure trustworthy profiles

Members can only connect with other daters once they are verified, reducing the risks of fake profiles and fraud London, UK, 28th November 2023 – Jigsaw Dating has integrated Yoti’s photo verification technology to confirm every dating profile belongs to a real person. The move aims to give daters more confidence and transparency over who they connect with online. On account creation, all members are required to take a selfie, which Yoti verifies to ensure it is a real person. This stops people from using fake profile photos. Yoti’s passive liveness technology, MyFace, confirms the selfie is taken by a

4 min read
Graphic representing "Automated + Human" ID checks done together for maximum efficiency and effectiveness

Why automated technology with human fallback provides optimal results

Some identity providers claim that fully automated processes are the way forward. Whilst we agree that technology can improve and streamline processes, there are times when it’s valuable to have a human involved.  Every business we talk to has different requirements for identity verification. This could be because of differing laws and their application in different regions, a varying risk appetite or wanting to ‘do the right thing’ to engender trust and increase success rates.  When it comes to identity verification technology, there might be some scenarios where it’s helpful to use the skills of our security team. For instance:

3 min read
Yoti and Avakin Life logos presented together

Avakin Life steps up player protection with Yoti’s age assurance, ensuring a secure and enjoyable experience for players

Avakin Life adult players can choose to verify their age to unlock exclusive 18+ game features    15th November 2023, London, UK – Avakin Life, a 3D life-simulation video game has introduced age assurance technology from digital identity company Yoti. Players can now verify their age to unlock exclusive age-restricted features, and any players who are suspected to be underage will be asked to confirm their age. The move is the latest step from Lockwood Publishing to enhance privacy and safety features on the Avakin Life platform.  Players can choose to verify their age using Yoti’s facial age estimation

4 min read