We are very proud to announce that Yoti has been selected as a REGTECH100 company.
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 industry. In their own words, this list is comprised of the companies every financial institution needs to know about as they consider and develop their mission critical RegTech and digital transformation strategies.
We are really proud that Yoti has been selected as one of the world’s top 100 companies that are shaping the future of the compliance, risk management and cybersecurity in 2020.
Yoti driving innovation with digital identities
Yoti’s identity verification solutions are making strides in financial services. Our recent partnerships with Synectics Solutions and Kompli-Global create a digital KYC journey that fuses electronic identity verification with best-in-class data services for enhanced financial crime and anti-fraud prevention. The cyprotcurreny platform Crix has also recently innovated their onboarding process with eKYC checks with our Yoti Doc Scan product.
Whether it’s buying crypto-currency, authorising a payment through multi-factor authentication or verifying your identity for a bank, our innovative technology provides financial institutions with the ability to:
- Verify the identity of customers from over 175 nationalities to a high level of assurance through government-approved photographic ID documents.
- Allow customers to prove who they are remotely and securely from anywhere in the world.
- Digitally transform the approach to customer onboarding and customer due diligence.
- Reduce onboarding friction in order to deliver products and services faster than before.
- Enhance regulatory compliance through best-in-class technology.
In the words of Mariyan Dimitrov, head of research at RegTech Analyst, “Employing RegTech solutions to modernise the compliance function is now mission-critical for financial institutions globally.”
If you work in regulatory financial services and are keen to learn more about Yoti’s identity verification services, please get in touch with our Commercial Director for Financial Services, Gareth Narinesingh.