Articles
Mar 03, 2025
AML Watchlist Screening [product sheet]
Let automation do the heavy lifting in your AML practices with our configurable identity verification solution. You can tailor the checks to suit your risk profile, with optional document authenticity checks and manual review by our verification specialists for enhanced security. Screen extracted customer data against thousands of AML databases in real-time and receive alerts to changes in the risk status of your customers with ongoing monitoring. Core steps for robust AML checks: Identity Verification AML Watchlist Screening Download product sheetGet in touch for a demo
Articles
Feb 12, 2025
An overview of the COPPA updates (and what it means for your business)
The United States Federal Trade Commission has released its updates to the Children’s Online Privacy Protection Act (COPPA) Rule. It aims to strengthen key privacy protections for children online and better reflect the challenges faced in the modern digital age. The updates introduce stricter requirements for the collection, use and sharing of children’s data. However, it’s worth noting that the rule doesn’t include an explicit exception for the use of children’s personal information solely for age verification. This complicates compliance for platforms that wish to implement more robust age checking than self-declaration. Yoti is ready to assist companies with
Articles
Feb 04, 2025
Age verification on adult websites: the facts
Key facts about age verification on adult websites: In the UK, adult websites have to comply with the Online Safety Act Ofcom is the regulator for online safety in the UK Other countries have introduced or are introducing age verification for adult content There are a number of different age verification methods available Age verification methods operate with the strictest privacy standards Some methods don’t require you to use an identity document As the internet continues to evolve, concerns about online safety, privacy, and ensuring age-appropriate content have become more important. A widely discussed issue in recent
Articles
Dec 12, 2024
Yoti announces participation in the Australian Age Assurance Trial
On 28th November 2024, the Australian Government passed the Online Safety Amendment (Social Media Minimum Age) Bill 2024. This legislation will prevent anyone aged under 16 from accessing social media platforms. It aims to protect young users from harmful content and interactions. Set to begin in early 2025, the Age Assurance Technology Trial will test the effectiveness of age assurance technologies – spanning verification, estimation and inference. By testing various methods, the Australian Government hopes to identify robust and scalable solutions to enforce minimum age limits across platforms. Initial insights were made available from June 2025 with a final
Articles
Oct 10, 2024
Welcoming the new Regulatory Innovation Office
This week, the UK Government announced the creation of the new Regulatory Innovation Office – a move we welcome here at Yoti. Bringing new tech to market is often slowed down, or even blocked, due to outdated regulations or a lack of existing bodies to help support and facilitate the introduction of the new technology or co-ordinate its joint recognition. Recognising that this is a barrier to innovation, the Government will introduce the Regulatory Innovation Office (RIO). The Regulatory Innovation Office will sit under the Department for Science, Innovation and Technology (DSIT). It aims to help regulators facilitate economic
Press releases
Sep 25, 2024
Lloyds Banking Group investment in Yoti
In February 2023, Lloyds Banking Group invested £10 million in Yoti in the form of a convertible loan. Since that initial commitment Yoti’s monthly revenues have more than doubled. We’ve also seen a significant increase in the number of people installing the Lloyds Bank Smart ID, Post Office EasyID and Yoti ID Digital ID wallets. Over 100,000 people each month are using our services to prove their identity for right to work or criminal record (‘DBS’) checks, with around 25% of those people choosing to use their reusable Digital ID. The total number of Digital ID installs in the