Digital identity app Yoti launches in India; to make ID verification simpler and safer
Yoti, a digital identity app, was launched in India on Tuesday.
The company’s on a mission to become the world’s trusted identity system; helping consumers and businesses fighting back against the growing threat of identity fraud-an issue which is deeply linked to the personal and financial well-being of every individual.
Despite living in a digital world, individuals still have to rely on paper documents to prove their identity – a system which is insecure and outdated. Yoti transforms paper ID documents into a digital identity, giving individuals an easier and more secure way to prove who they are, online and in person.
Yoti will let people:
– Prove identities to businesses without showing and photocopying paper documents
– Confirm the identity details of people they meet online, e.g. dating and classified websites
– Log in to websites more securely using biometrics instead of passwords
– Prove their age at bars and liquor stores
– Tackle touts by preventing login bots and through attaching verified identities to tickets
Yoti was founded in 2014 by serial entrepreneur Robin Tombs, along with Duncan Francis and Noel Hayden. After the successful launch of Yoti in the UK, the company now aims to offer its services in India, the most susceptible market in Asia …read more
