Identity verification
White papers
Aug 19, 2020
Project Endeavour: A Deep Dive
Project Endeavour is our partnership pilot which combines our best-in-class digital identity technology with anti-fraud and AML risk screening data services from Synectics Solutions. It’s designed to disrupt existing Know Your Customer (KYC) standards and practices across regulated financial institutions, through an innovative proof of concept. This white paper describes the high-level use case, in order to promote interest in the proof of concept which is planned for late 2019 and running into 2020. It’s written for executives of UK financial institutions who are keen for their participating teams to work collegiately, apply thought leadership, and pursue an innovative
Articles
May 10, 2020
Helping the Co-op make good things happen with our Covid-19 Pledge
Co-op are on a mission to help people make good things happen in communities and we’re really happy to support them with our COVID-19 pledge. Through their community co-operate platform, they’re bringing together multiple services that make it easier for people to come together and change their communities for the better. The platform is a hub of advice, guides and activities, which allows people to request and offer support. In order to keep their communities safe, they’ll be using our embedded identity verification technology to securely vet applicants that register to offer their support. This technology sits within the sign
Articles
Jan 24, 2020
Overcoming the drone accountability challenge with identity-linked drones
80 percent of UK citizens would support more widespread adoption of drones if there was a mechanism to provide increased safety, security and monitoring. These are the findings from The Cellular-connected Drones report, written by WPI Economics for Vodafone, which calls for commercial and public sector drones to be fitted with SIM cards to give them cellular network connectivity. This would mean drones could be flown beyond the “visual line of sight” of their operators, which is stipulated by current rules. Drones have significant positive use cases for hard-to-reach areas, such as delivering time-critical medical supplies, inspecting infrastructure, responding to
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 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
