Business
How Modak are creating one of the safest spots in town for teens
“I am pleased to say that implementing age verification software through Yoti has been a great enabler for our growth. It has enhanced our customer experience by streamlining the process of verifying age, reducing manual errors, and minimising the risk of fraudulent activity. Our customers appreciate the added layer of security and convenience, and it has resulted in increased customer trust and loyalty.” Madhu Yalamarthi Modak CEO Modak is a US startup based in California that’s empowering teens by offering them a Visa-secured credit card and a checking account. We helped them: Ensure their own customers were being honest
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 –
How Yoti can help the financial services industry
In today’s world, the financial services industry needs to be protected now more than ever. It’s critical to the growth of the UK economy but is constantly under attack from online actors on the hunt for money. With cyber security risks increasing, we’ve been working hard to build solutions that offer as much security as possible to such an important industry, and protection from these growing threats. The need for financial institutions to have customised systems is greater than ever due to the sophisticated nature of frequent cyberattacks. As these bad actors become more sophisticated with their approaches, we’ve had
How Yoti can help combat digital injection attacks
As use of online verification grows, there inevitably follows increasing temptation for bad actors to develop ways to exploit the process. As a provider of verification services we must show businesses, regulators and governments that we have robust anti-spoofing technology, checks and processes. An emerging but rapidly growing threat for verification services are digital injection attacks. What are injection attacks? Injection attacks are a form of attack on remote verification services. Direct attacks are the most common attempt to spoof systems. Examples of direct attacks are: Paper image 2D and 3D masks Screen image Video imagery Direct attacks are
PeopleCheck automate the background screening process to scale checks without limit
“The change in legislation was a once-in-a-generation perfect storm. The automation that’s come off the back of digital identity enables us to deliver swift onboarding and a platform that’s on the leading-edge of user experience and smart technology.” David Hutchinson People Check CEO PeopleCheck is the UK’s leading background check provider. We helped them: Meet the digital ID checking requirements for right to work and DBS. Automate significant parts of the screening process. Scale from 1 check to 1,800 in the same time. Solution: Right to Work Industry: Background screening Read the case study
NIST approval explained
Many companies in the identity space talk of NIST certification. What does this mean for you as a user of identity services and what does it mean for your customers? Who is NIST? NIST is the National Institute of Standards and Technology (NIST), a non-regulatory agency of the United States Department of Commerce. NIST’s remit is to create and certify measures, standards and technology to enhance trade and productivity. Formed in 1901, their remit is to provide standards and certification for businesses. At first this included clocks and thermometers, all kinds of ‘weights and measures’. But over time