Articles
Aug 05, 2020
New JMLSG guidance recognises the power of digital identity
On 1 June 2020, the Joint Money Laundering Steering Group (JMLSG) published its revised guidance for what is expected of regulated financial services entities in relation to the prevention of money laundering and terrorist financing. The new guidance recognises the central role that digital identity and robust biometric technologies can play in ensuring regulated entities meet their anti-money laundering (AML) and counter terrorist financing (CTF) obligations. What is the JMLSG? The JMLSG is a private sector organisation that produces guidance to help the financial services sector meet its legal obligations in relation to AML and CTF. Its guidance isn’t
Articles
Jul 15, 2020
A step change in data protection and email phishing with digital identities and Galaxkey
Email phishing is an age-old method of cybercrime that is becoming increasingly more sophisticated with modern technologies. According to Verizon’s 2021 Data Breach Investigations report, 36% of all cyber attacks involved email phishing, posing a huge threat to large organisations and individuals. In an increasingly digital world where remote work is commonplace, it has never been more vital for organisations to protect their business operations. Following an annual increase of 25% in email phishing, looking towards email encryption is one way businesses can help to avoid future data breaches relating to cybercrime. Our latest partnership with Galaxkey combines high-level encryption
Articles
Jul 03, 2020
United for a safer internet with OSTIA
We’re honoured to be one of the founding members of the Online Safety Tech Industry Association (OSTIA), a new UK industry body dedicated to tackling online safety. The group brings together advisory bodies and tech companies in a shared goal of making the internet safer and hopes to provide a voice of hope by offering solutions to address key issues in a complex debate so often focused on what can’t be done. With support from the National Crime Agency, GCHQ, the Home Office, NSPCC, the group will serve as a forum for companies working on potential solutions and create collective
Articles
Jul 02, 2020
Reinforcing our commitment to protecting children from online harms by joining the Point de Contact association
We are delighted to announce we have been accepted into the Point de Contact association to help the fight against abuse and inappropriate online content. Point de Contact was created in 1998 to contribute to the fight against illegal content on the internet and facilitate the reporting of child sexual abuse material (CSAM). Point de Contact is also a member of the French Monitoring Committee for protecting children from online pornography and has been supported by successive European Commission programs. Point de Contact is a founding member of INHOPE – the International Association of Internet Hotlines which unites over 40
Articles
Jul 01, 2020
JNCTN and Yoti’s strategic partnership to provide a single verified digital identity and credential management solution
Yoti and New Zealand’s credential management platform JNCTN are excited to officially announce our partnership today. This new partnership will bring consumers a verified credential and digital identity solution for the global market. Wayne Stemp, Founder of JNCTN says “Working together will allow both of us to provide integrated identity and credential management solutions for international clients. We see the partnership as eliminating the risks associated with increased fake identities, allowing businesses to be able to instantly identify and verify staff. This will also give individuals the security needed to protect their identity and credentials from theft.“ This is reinforced
Articles
Jun 29, 2020
Social purpose in a time of crisis
Events over recent weeks have been unprecedented. At Yoti, we have been inspired by the Black Lives Matter movement and wholeheartedly support calls for the end of inequality and exclusion wherever it exists and in whatever form it takes. Racial equality is very much an issue of identity, and being a digital identity company the issues at hand are more pertinent to us than for many other companies. As signatories of the Safe Face Pledge, we have made a public commitment addressing harmful bias in artificial intelligence technology and embedded transparency into our business practices. Today, we are releasing a