Articles
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
Articles
Nov 22, 2019
How we built privacy into the Yoti app
Just as the right to identity is a fundamental human right, we believe privacy is too. Yoti was built to give everybody a simple and secure way of proving and protecting their identity, online and in person. With the free Yoti app, you can create a digital ID that allows you to prove who you are in the most privacy-friendly way. It is built with data minimisation at the core and allows you to share less data to prove your identity or age. You’re in control to show only the details you need, to the businesses and people you
Articles
Nov 21, 2019
A look at our biometric technology
As our everyday lives become more digital, traditional IDs lag behind. They reveal more information than necessary, don’t make it easy to prove your identity remotely, and are easily lost and expensive to replace. That’s why we built Yoti app – to give everyone access to a digital ID built for a digital world. It makes the everyday easier and enables you to share less data and securely store your personal details in a privacy-centric way. We use biometric technology because it’s currently the most secure way of proving that you are who you say you are and that your
Articles
Nov 21, 2019
Yoti and Synectics join forces to trailblaze new digital identification technology to fight financial crime
LONDON, UK – 21 November 2019 – Synectics Solutions has partnered with the digital identity platform Yoti to leverage advanced identity verification technology and enhance customer onboarding for its clients. The partnership will help tackle identity fraud and prevent bad actors from accessing and using financial services to commit serious crimes. Synectics will utilise identity verification from Yoti to digitally transform the customer experience – offering individuals a simple, private and secure way of proving their identity for KYC when applying for financial services. The innovative move will provide Synectics’ clients with the ability to: Verify the identity of end-customers
