Articles
Articles
Jun 18, 2021
Electronic witnessing in line with HM Land Registry guidance
Her Majesty’s Land Registry (HMLR) has released new guidance that allows for registration transfers and certain other deeds to be signed electronically in the UK. This means that solicitors and conveyancers can now carry out the document witnessing process using Yoti eSign. What are conveyancer-certified electronic signatures? Conveyancer-certified electronic signatures which were recently referred to as eWitnessing, like physical witnessing, is the third-party overseeing of the signer, with the added benefit of being undertaken electronically. This means that, with an eSignature platform, witnessing documents is made much easier for law firms and conveyancers alike, with processes
Articles
Jun 17, 2021
Yoti named in the latest cohort of the FCA’s digital sandbox
We’re delighted to announce that we’ve been accepted into the FCA regulatory sandbox, which is designed to test innovative financial products and services. We believe that the Yoti digital ID app will transform many everyday experiences. It’s great to be able to show how Yoti can make life simpler and safer for financial organisations and their customers. The reusable Yoti digital ID app with enhanced fraud screening capability will help transform the customer experience, access to finance and fraud prevention in the prepaid card market. We’ll be delivering this with two of our valued partners, Synectics Solutions
Articles
Apr 21, 2021
Welcoming our ten millionth Yoti app download 🚀
We started out in 2014 with a huge, complex task built around a simple mission – to fix the broken identity system and make it simpler and safer for people to prove who they are. This has been our driving force from day one and will continue to shape how we develop our business and products. It’s our purpose. Yoti has grown from a small team with the goal of putting people’s ID on their phone, to a global identity network verifying people and their ID documents from over 195 countries. This is now backed by
Articles
Mar 25, 2021
African Conservation Challenge: digital identity to foster trusted community engagement
We’re excited to announce the launch of our latest social purpose initiative – an African Conservation Challenge exploring the use of digital identities to help foster authentic, trusted, dignified online dialogue between communities and other stakeholders engaged in conservation across the Southern Africa region. The Challenge is open to individuals and organisations based anywhere in Africa, and comes with a prize of $15,000. Background Historically, rural voices have been either missing or largely ignored in much of the debate and decision making around the management of natural resources, particularly wildlife, in Africa. It is widely
Articles
Mar 19, 2021
Practice guide 81: digital identity verification for conveyancing
On 12 March 2021, Her Majesty’s Land Registry (HMLR) published its first digital identity standard, practice guide 81 (PG81). The standard is aimed at encouraging the use of digital identity to reduce the inconvenience and inconsistency of manually verifying a client’s identity during the homebuying process. Reducing the need for physical document checks performed by non-specialists can mitigate opportunities for fraud, increase convenience and lower costs for all parties involved in the home buying process. The standard follows the draft set of requirements, published in November 2020, which Yoti provided feedback on. Practice guide 81:
Articles
Mar 18, 2021
Developing age estimation technology to tackle grooming online
Last month, Yoti Guardian Gavin Starks chaired our third stakeholder roundtable on the next proposed stage of the development of our age estimation technology. We brought together fifty five guests from seven countries, including representatives from 5rights, Apps for Good, Be In Touch South Africa, Breck Foundation, Caribou Digital, CyberSafeIreland, Digital Policy Alliance, FSM Germany – Freiwillige Selbstkontrolle Multimedia-Diensteanbieter, GoBubble, IEEE, Interactive Software Federation of Europe, International Committee of the Red Cross, Internet Commission, Internet Watch Foundation, Irish Data Protection Commission, Keele University, KJM German Federal Agency for the Protection of Minors, London School of Economics,
