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Yoti releases new Digital ID app with Lloyds Bank

By Gloria Methri

October 03, 2023

  • Digital ID Veritfication
  • EasyID
  • FinTech
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Yoti, Lloyds Bank Smart ID, FinTech, UKYoti has released a new digital identification app with Lloyds Bank, named Lloyds Bank Smart ID. The app gives people a more private, secure, and convenient way to prove their age or identity from their phone.

Lloyds Bank Smart ID is a reusable Digital ID that transforms the way people prove their age and identity. It allows people to share specific information with businesses who request it, without having to show physical identity documents or share an excessive amount of personal data.

The app is built using Yoti’s technology and is freely available to UK residents.

Yoti has already launched several successful Digital ID apps. In the UK, the Yoti ID and Post Office EasyID apps are already accepted to pick up parcels at the Post Office and as proof of age at cinemas and convenience stores.

Businesses that accept Yoti ID and EasyID can now accept Lloyds Bank Smart ID, which is available in the app stores. The three Digital ID apps are interoperable, so they can be used in all the same places. The three companies will announce new ways people can use their Digital ID apps over the coming months.

James Fulker, Chief Digital Officer at Lloyds Banking Group said, “Lloyds Bank Smart ID means UK consumers now have further access to secure, digital ways of proving their identity and it marks a significant milestone following our investment in Yoti. We look forward to our continued work developing this proposition with Yoti.”

Robin Tombs, CEO at Yoti said, “Built using our leading identity verification technology, Lloyds Bank Smart ID will make it easier and safer for more people in the UK to prove who they are. Digital IDs can reduce identity theft, increase the security of our personal data, and create more trust between people and businesses. I am delighted to have the UK’s largest bank accelerate the network of reusable Digital ID apps so even more people have the opportunity to take control of their digital identities.’

Elinor Hull, Post Office Identity Services Director said, “We are delighted that our partner Yoti has released a Digital ID app with Lloyds Bank. This will help ensure more people have confidence when it comes to sharing their personal data and together as leaders in the industry, we will be increasing the use of Digital ID throughout the UK.”

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