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It's hardly a secret that the coronavirus has wreaked havoc on how businesses are conducted. Fortunately, several RegTech businesses offer a huge range of services to help.
RegTech startups Yoti and Synectics Solutions have established a strategic partnership to design and pilot a “ground-breaking” electronic digital identity and risk assessment onboarding solution.
While times seem bleak at the moment with the COVID-19 pandemic, some FinTechs are doing their best to help. In tough times, the best way to succeed is to come together and a number of FinTech companies are doing just that, offering their services for free to those helping to tackle the virus or those that have been impacted by it.
Yoti, digital identity company, is offering its digital identity solutions for free to any public health organisation, emergency service and community initiative tackling COVID-19 (coronavirus).
Digital identity app Yoti has partnered with Galaxkey to improve email encryption and combat scams and phishing.
Yoti, a digital identity app, said it will be working within the Financial Conduct Authority sandbox with Worry+Peace, an InsurTech startup.