Posted by Dan Stemp on 30th June 2020
Wayne Stemp, Founder of JNCTN says "Working together will allow both of us to provide integrated identity and credential management solutions for international clients. We believe this will be one of the fastest growing market sectors and we see the partnership as eliminating the risks associated with increased fake identities, allowing businesses to be able to instantly identify and verify staff. This will also give individuals the security needed to protect their identity and credentials from theft."
This is reinforced by a January 2019 McKinsey report on Digital Identification that noted nearly one billion people globally lack a legally recognised form of identification reinforcing that this integrated solution is well overdue. The partnership will introduce a single integrated solution, offering a digital credential wallet for businesses and individuals alike. The Yoti JNCTN solution will allow the safe and secure issuing, storing, sharing and revoking of credentials, which are matched to a verified personal ID so an individual can prove their identity and qualifications are genuine.
Yoti, a global digital identity platform with a free consumer ID app is designed with user privacy at its core with all data encrypted so only the user can access their details. The app has over 7 million downloads globally, supported by a suite of products spanning identity verification, age verification, document e-signing, access management and biometric authentication in over 200 countries and territories.
Robin Tombs, Yoti’s CEO and co - founder of Gamesys, a $200m global success says "Yoti’s digital ID app is transforming the way people prove who they are using their phone. JNCTN’s credential platform is transforming how people prove their qualifications and together we provide a powerful management tool for businesses and the consumer."
His vision is for Yoti to be the world’s most trusted identity provider and has built a global consumer facing digital identity platform to achieve this. This partnership is a strategic global market move, giving both companies the ability to provide a single solution that can be rapidly deployed and configured to meet customers’ requirements.