Awards
Yoti featured on Liminal’s list of Companies to Watch in 2023
Today, Yoti has featured on Liminal’s list of Companies to Watch in 2023. Each year Liminal, a strategy advisory firm serving the digital identity, cybersecurity and fintech markets, recognises ten standout companies with the potential to make significant impact in the coming year. Liminal’s research team, led by Travis Jarae, independently chooses all the companies on the list based on how well their products fit the market, their company momentum, and the current state of the ecosystem. Liminal has been tracking emerging trends, technologies, and business leaders in the rapidly evolving ecosystem of digital identity, cybersecurity, and fintech solution providers since 2016. Yoti was recognised due to its leading age verification solutions, and the important role these can play in protecting children online and offering easy, privacy-preserving proof of age for adults globally. Yoti is the leading global provider of age assurance, having performed over 570 million checks using its facial age estimation technology across retail, gaming, gambling, dating, social media, live streaming, ecommerce and adult content services. Travis Jarae, CEO of Liminal said, “The outstanding group of businesses that make up this year’s ‘companies to watch’ list are pioneers in their respective solution segments within Liminal’s Digital Identity Landscape. As strategists, we believe that these businesses provide us with the most insightful information about what the future holds for innovation, strategy, and teamwork.” Robin Tombs, CEO of Yoti said, “Given the high esteem of Liminal in the digital identity market, we are delighted to feature on their list of Companies to Watch in 2023. This recognition demonstrates the growing importance of digital identity and the role Yoti’s technologies play in reducing fraud and improving online safety. Our world leading privacy-preserving facial age estimation is helping an increasing number of global brands to create age-appropriate experiences. Last year was a momentous year for us and 2023 is shaping up to be just as big.” About Yoti Yoti is a digital identity technology company that makes it safer for people to prove who they are, verifying identities and trusted credentials online and in-person. They now provide verification solutions across the globe, spanning identity verification, age verification, document eSigning, access management, and authentication. In the UK, Yoti has partnered with Post Office to accelerate digital identity adoption, with a national footprint spanning 11,500 Post Office branches, online and more. Over 12 million people have downloaded the free Yoti app across the world. It is available in English, Spanish, French, German, Portuguese and Polish. Yoti is certified to ISO/IEC 27001:2013 for ID Verification Services, ISAE 3000 (SOC 2) Type 2 certified for its technical and organisational security processes. For more information, please visit www.yoti.com.
Robin Tombs Named Amongst the Startup Elite in the Top 100 Startups, Businesses, and Entrepreneurs in 2022
November 30, 2022, LONDON, United Kingdom – We are delighted to announce that Robin Tombs, CEO of Yoti, has been awarded fifth place in the Top 100 Startups, Businesses, and Entrepreneurs in 2022 by TechRound, the UK’s fastest growing startup and tech news site. The competition followed a round of judging from an expert panel: James Mercer (tayp), Stephanie Affleck (Little Fashion House), Alex Buttle (Motorway), Jeffrey Faustin (Jenson Funding Partners), and Sabrina Chevannes (Complex Creative). The judges said: “With just over 3,000 applications this year, we were all blown away by the quality of entries including startups that operate in multiple countries and have raised vast amounts through funding rounds.” Robin Tombs, CEO of Yoti said: “I am delighted that Yoti has been named in TechRound’s Top 100 list, and to have been included alongside so many stand out and inspiring businesses and entrepreneurs. We are honoured to take 5th place out of 3,000 entries, showing the significant impact and importance of digital identity and age verification in today’s world. The competition was fierce and we congratulate our fellow winners and offer best wishes to all of the 3,000 start up ventures.” Yoti was named in the Top 10 alongside Simon Hansford of Itero Technologies, Ashay Bhave of Thaely, Sheila Hogan of Biscuit Tin, Jenny Saft and Tobias Kaufhold of Apryl, Simon Hudson of Cheeze, Tom Home of blOKes, Emma Kay of WalkSafe, Thomas (Hal) Robson-Kanu of The Turmeric Co. and Caroline Casey of The Valuable 500. Notes to editors About Yoti Yoti is a digital identity technology company that makes it safer for people to prove who they are, verifying identities and trusted credentials online and in-person. They now provide verification solutions across the globe, spanning identity verification, age verification, document eSigning, access management, and authentication. In the UK, Yoti has partnered with Post Office to accelerate digital identity adoption, with a national footprint spanning 11,500 Post Office branches, online and more. Over 12 million people have downloaded the free Yoti app across the world. It is available in English, Spanish, French, German, Portuguese and Polish. Yoti is certified to ISO/IEC 27001:2013 for ID Verification Services, ISAE 3000 (SOC 2) Type 2 certified for its technical and organisational security processes. For more information, please visit www.yoti.com.
Tackling child sexual abuse online with the Safety Tech Challenge Fund
We’re delighted to announce that the Safety Tech Challenge Fund 2021 has awarded Yoti and our collaborators with not one, but two rounds of funding. Working in partnership with Galaxkey & Image Analyzer and DragonflAI, we are looking to tackle child sexual abuse and demonstrate how end-to-end encryption and AI-powered image analysis could be used to create secure solutions that protects young people online. Between 2019 and 2020, over 10,000 cases of online child sexual abuse were reported to police forces across the UK. In efforts to create change to prevent such crimes, the UK Government created The Safety Tech Challenge Fund. It is a progamme that supports the development of innovative technologies to help provide better protection to victims of child sexual abuse. Led by the DCMS and Home Office, winners have been awarded with £85,000 for their proposals. Yoti is delighted to be: 1. Partnering with Galaxkey & Image Analyzer to create an end-to-end secure messaging platform End-to-end email encryption platform, Galaxkey has partnered with Yoti and content analysis platform Image Analyzer to innovate a messaging platform that detects explicit content before it is sent, rather than after the fact. The tech would work by creating an encrypted messaging platform that allows the user to verify their age using Yoti’s facial age estimation or the Yoti digital ID app when they create an account. Any messages sent via the platform will go through an explicit content detection process using Image Analyzer’s AI to prevent explicit material from being sent to a recipient. The solution is also expected to evolve beyond images in the future, scanning voice, text and URLs. We hope this will provide even more protection against explicit content. Upon detection, the content would be sent to the reporting server on Galaxkey’s NCSC accredited encrypted workspace platform for moderation. By creating a working platform which can detect, action and report explicit content prior to delivery of the content to a recipient, we hope to prevent child sexual abuse material from being sent via messaging platforms. 2. Working with DragonflAI to detect and flag child sexual content on a device We’ve also joined forces with video and image moderation company DragonflAI to create a solution that instantly detects a person’s age in explicit content on a device and completely offline. Specialising in the detection of nudity, DragonflAI’s algorithm has a success rate of 97.9%. Combined with Yoti’s age estimation technology, the collaboration will be able to detect the ages of people involved in explicit content. This will then allow successful moderation of illegal content without a third-party being involved. The goal of this collaboration is to create a tool that can detect unseen and new indecent images with a high degree of accuracy without the content leaving a device. We are proud to be putting our solutions forward to encourage innovation, helping change the digital space to better protect children online. We thank the Safety Tech Challenge Fund for welcoming the use of tech to tackle the rise in online-linked sexual crimes, and look forward to working with our partners to create tools that make the internet a safer place for children.
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 and embedded financial services provider Orenda Financial Solutions. The sandbox is for businesses delivering innovation in the UK financial services market and follows a successful pilot last year. The sandbox aims to provide participant businesses with the opportunity to test products and services in a controlled environment, reduce time-to-market at potentially lower cost, identify consumer protection safeguards and offer better access to finance. John Abbott, Chief Business Officer at Yoti said: “At the heart of Yoti’s reusable digital identity app and credential management platform is the drive to protect businesses from financial crime and fraud, improve customer journeys and empower individuals to take control of their data. We are delighted to be working with Orenda and Synectics through the FCA’s Sandbox. This secure approach will save time and money and become an innovative blueprint for reusable identity and fraud screening.” At the end of the regulatory sandbox period, the tests will be reviewed with the firm’s allocated sandbox case officer to assess the test against a range of success measures. The FCA will then work closely with each participant to ensure that the appropriate course of action is taken as they progress out of the sandbox. Synectics Solutions’ Chris Lewis, Head of Solutions said: “The sandbox pilot proved hugely valuable as an opportunity to collaborate across the financial services sector to drive future innovation and world-leading expertise. Across the industry, we have many shared objectives and by sharing best practice and lessons from such a wide range of organisations and test cases, we will help to improve the industry as a whole.” Alistair Swanepoel, Chief Risk Officer at Orenda said “Orenda, as an embedded financial services provider, is excited to be working in conjunction with Synectics and Yoti on this regulatory Sandbox pilot, which through testing digital ID solutions has the potential to provide benefits to the overall financial services industry.” For more information, please read our whitepaper.
Our CEO Robin Tombs is a Meaningful Business 100 Leader for 2020
We’re honoured to see our CEO Robin Tombs be recognised as a Meaningful Business 100 Leader for 2020. This award recognises outstanding business leaders across the world who are combining profit and purpose to help achieve the UN Sustainable Development Goals. One of the SDGs is to ‘provide legal identity to all’. Since Yoti was founded in 2014, we’ve been fully committed to the concept of digital identity for all. Our commercial activities are centred around online tools and apps that allow people to prove who they are, whilst our social purpose activities support the building of solutions for those without mobile devices or internet access in less developed countries. This year has undoubtedly been one of the most challenging yet. But it has also seen us make some great achievements that we are incredibly proud of. We’ve partnered with GeneMe to develop a rapid COVID-19 testing system that delivers results to your phone in 30 minutes. We’ve helped organisations such as the NHS and Volunteer Edinburgh remotely issue digital ID cards during the pandemic. We’ve gifted our identity technology to volunteering platforms to ensure they continue to safeguard their users during the pandemic and we’ve released a paper on social purpose which outlined our own record on diversity and inclusion in response to the recent demonstrations by Black Lives Matter. After such a monumental year, we’re delighted to see our CEO Robin take his well-earned place in the top 100 Meaningful Business leaders from 34 countries. He joins corporate CEOs, entrepreneurs and sustainability leaders that are helping to achieve sustainable development. Commenting on the MB100, Tom Lytton-Dickie, Founder and CEO, Meaningful Business said, “We are delighted to recognise Robin Tombs as part of the Meaningful Business 100 for 2020. In what has been a challenging year for everyone, the MB100 provides an inspiring reminder of the brilliant work being done around the world to solve the biggest issues we are facing today.” In Robin’s own words, “Hats off to all of them.” “Sometimes rightly businesses get a bad name for not doing good in the pursuit of short term profit. But there are also times when businesses demonstrate they can be forces for good. Teams in businesses can be highly motivated to deliver social purpose alongside sustainable commercial success. Thankfully, these twin goals are not mutually exclusive.”
Yoti wins the Business Transformation award in the 2020 DigitalAgenda Impact Awards
We’re delighted to win the Business Transformation Award in the Digital Agenda Impact Awards for being “a genuinely transformative innovation that could affect all of our lives for the better” (their words not ours). There were hundreds of entries for this year’s prestigious awards, which celebrate technological innovations that improve people’s lives and the world around us. Now in their fourth year, the awards are open to any UK-operating business, individual, government or non-profit using digital products or services for positive social impact. Sponsored by HSBC, the Business Transformation award champions companies and projects that help business, government and nonprofits be more effective, happier and healthier places to work. Tech4Good The judges were impressed by our age and identity solutions that make life easier and safer for organisations, their staff and their customers. They loved our purpose-driven approach to technology and business that is firmly founded on our core ethical principles. A “snapshot” of the awards We must admit, the award ceremony looked slightly different this year. But it didn’t take the shine off a great award that we’re proud to share. Thank you Digital Agenda, see you next year.