News Icon

News

Thoughts from our CEO

In this blog series, our CEO Robin Tombs will be sharing his experience, whilst focusing on major themes, news and issues in the world of identity verification and age assurance.   Digital age verification for alcohol I’m pleased to see the UK Home Office consult on whether age verification technology should be allowed for the sale of alcohol. This is a big step forward and demonstrates the growing importance and demand for digital proof of age. Yoti’s technology can help remove the significant challenges and high levels of abuse faced by retail, bar and security staff when assessing the

4 min read

Yoti releases white paper detailing approach to combating generative AI and deepfakes

1st March 2024, London, UK – Digital identity company Yoti has published its first Generative AI white paper, detailing its approach to combating deepfakes. Yoti has focussed their strategy on early detection, using tools to prevent AI-generated content or attacks at the point of source.  Whilst offering numerous benefits and advancements, generative AI also brings potential threats and challenges, including:  Identity theft and fraud; the technology could be used to create synthetic identities and realistic forged documents Fake content; the creation of highly convincing content, including images, videos and audio recordings. Privacy concerns; the ability to generate realistic images and

3 min read
Yoti and CreditLadder logos presented together

CreditLadder teams up with Digital ID Connect to offer Rent Reporting to their users

12th January 2024, London, UK – CreditLadder, the UK’s first and largest rent reporting platform, is working with Digital ID Connect, the UK’s largest digital identity app network. This will allow Digital ID app users to seamlessly report their rental payments into the four main credit reference agencies.    Just under 40% of people in England rent, and this increases to over 50% in London*. To help bring financial fairness to these tenants, CreditLadder has now reported over £1 billion in rent payments – this means these payments now appear on credit files therefore allowing lenders to see that on-time rent

3 min read
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
Yoti and ROC.ai logos presented together

Yoti selects ROC.ai’s facial recognition software to enhance identity verification solutions

13th December 2023, London, UK – Yoti is delighted to announce it will start using ROC.ai’s world-class facial recognition software across its suite of ID platform services. A progressive, innovative leader in AI-powered computer vision and biometrics, ROC.ai’s facial recognition algorithms have been independently tested by the US National Institute for Standards and Technology (NIST). Their solutions are trusted by the US Department of Defence, federal and state law enforcement agencies, and some of the world’s leading financial institutions. ROC.ai is committed to delivering technology that respects privacy and works for all races, ages and genders. This is outlined in

2 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