Yoti blog
Stories and insights from the world of digital identity
Articles
Dec 13, 2019
Our approach to security and privacy
Just as the right to identity is a fundamental human right, privacy is too. We created Yoti to give everybody a secure, privacy-friendly way of proving their identity, online and in person. Privacy and security, therefore, aren’t just our priority but our raison d’etre. Our free Yoti app is built with privacy and security at its core and harnesses data minimisation techniques that enable you to share less data. We have a rigorous approach to security and have built an innovative database architecture designed to protect against data breaches or cybersecurity attacks. To ensure that we are held accountable, we
Articles
Dec 06, 2019
DataKind UK's #7 Data Science and Ethics Book Club at Yoti
Last week, we had the pleasure of hosting the seventh Data Science and Ethics Book Club, organised by our friends at DataKind UK. This was the final book club of the year and the topic up for discussion was AI and race. This is a hugely important conversation to advance as our lives become increasingly digital and influenced by algorithms and machine learning. The reading list The main book that anchored the evening’s talk was Race After Technology by Ruha Benjamin, which provides an accessible but deep understanding about how technology can replicate and exacerbate racial inequality. This was
Articles
Nov 29, 2019
Compliance at Yoti and why it matters to you
Updated 29th November 2019 to reflect change of SOC 2 classification from SOC 2 Type 1 to SOC 2 Type II. We do things differently to most tech companies. We’re proud of the fact that we always put compliance and our community first and we like to shout about it. The way we handle security and compliance is key to protecting your data. If we didn’t get that right, how could we expect anyone to trust us? And without trust, why would anyone use our app? So, with that in mind, here’s a run-through of the three main compliance
Articles
Nov 27, 2019
Fighting financial crime with Yoti and Synectics Solutions
Our advanced identity verification technology is set to enhance the onboarding experience for financial services and help tackle identity fraud. Our partnership with Synectics Solutions is set to deliver simple, private and secure eKYC checks when people apply for financial services products. Synectics Solutions For over 27 years Synectics Solutions has been at the forefront of developing leading-edge, data driven solutions for its clients, to help them create effective risk management systems and reduce their losses to fraud and other financial crime. Synectics’ clients have saved over £4.8 billion collectively through the use of these market leading link analysis,
Articles
Nov 27, 2019
Yoti joins the world’s most innovative companies in the REGTECH100 2020
We are very proud to announce that Yoti has been selected as a REGTECH100 company. RegTech The REGTECH100 is an annual list that recognises the world’s most innovative technology solution providers who are addressing the challenges of delivering regulatory requirements within financial services. The regulatory technology industry has seen huge growth in recent years as it strives to meet the needs of financial institutions as they navigate unrelenting regulatory challenges. The key players The REGTECH100 list was born to help senior management and compliance professionals navigate and evaluate which solutions are most likely to have a lasting impact on the
Articles
Nov 27, 2019
Digital ID, smart ID and identity in South Africa
This is the first field diary entry from Tshepo, one of our Yoti Digital Identity Fellows. His year-long research project is looking at the digital identity landscape in South Africa, with a specific focus on the national smart ID identity programme from a human rights perspective. *** South African SmartID Cards play a crucial role in identifying and eliminating digital identity fraud in South Africa. Future developments here will likely have repercussions for the entire African continent, given that South Africa is the most developed country in the region. My Fellowship will examine South Africa’s national digital identity programme from
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Get up to speed on what kind of company we are
Articles
Mar 20, 2024
Say hello to our 2024 B Corp Impact Report
We’re delighted to reach our ninth year of being a B Corp. When Yoti was founded 10 years ago, we knew that we wanted to do business the right way. Because that’s the only way we can truly make the digital world safer for everyone. Our founders knew that in this industry, we were going to come up against some complex ethical questions. Working with identity, personal data and biometrics is a delicate matter. And that’s one of the reasons we became a B Corp – to hold us accountable to all our stakeholders including our people, clients, suppliers, the
Articles
Feb 22, 2024
Addressing social challenges: How eSignatures can help solve everyday problems
Our purpose is at the core of everything we do. Our principles are integrated throughout our business, whether that’s how we go about our day-to-day operations, interact with one another or design and build our solutions. This series looks beyond just how our products can benefit businesses. It also explores how they are helpful to the people using them. This article focuses on eSignatures. Tackling fraud People are becoming more aware and better informed of the different types of scams out there. So fraudsters have had to respond with new and increasingly complex techniques. In turn, people and businesses need
Articles
Jan 18, 2024
Addressing social challenges: How identity verification can help solve everyday problems
At Yoti, we consider our social purpose alongside everything we do. Through every step of the design process, we think about the everyday challenges that our solutions can solve. This series looks at how our products can benefit individual users and wider society. This article focuses on how identity verification could help with some common issues. Why do we need to verify our identity online? As technology evolves, more services are moving online. Companies need to ensure that the right people can access the right services for them. This has resulted in a growing need for people to prove