Accreditations

Seven ethical principles for biometrics

Yoti supports the seven ethical principles for biometrics

We believe that our technology should keep people safe and work for everyone equally. So, we support the seven ethical principles for biometrics, released by the Biometrics Institute. These principles enable anyone working in the biometrics industry to show they’re committed to addressing ethical issues raised by new technology – biometrics in particular. Here are the seven principles.   Ethical behaviour The first principle states that companies must act ethically even beyond the requirements of law. Ethical behaviour means avoiding actions which harm people and their environment. We’re proud to be one of the UK’s founding B Corps, which means

5 min read
Safe face pledge logo

Yoti signs the Safe Face Pledge

From today, we are a proud partner of the Safe Face Pledge. We are firm in the belief that our technology should keep people safe and work for everyone equally. So, we support the pledge.   The Safe Face Pledge The Safe Face Pledge urges companies using artificial intelligence (AI) to ensure that facial recognition technology is not misused to bring harm to anybody, abused by law enforcement or employed to assist secret or discriminatory government activities. It requires its partners to show value for human life, dignity and rights, address harmful bias, facilitate transparency and embed it into their

3 min read

Yoti accepted into the FCA Sandbox

Yesterday the FCA revealed the next round of successful firms in its regulatory sandbox. We’re proud and excited to say that Yoti is one of those companies, along with Barclays, Nationwide, First Direct and Solidi, to name a few. The FCA Sandbox allows firms to test innovative products, services or business models in a live market environment, while ensuring appropriate protections are in place. It’s a fantastic way to encourage innovation in financial services.   Yoti’s involvement in the sandbox We will be using the sandbox to test consumer’s appetite for our innovative form of KYC, which lets people prove

2 min read