Lloyds Bank has partnered with Yoti to release a new digital identification app which offers users a secure way to prove their age or identity using their phone.
Lloyds Bank Smart ID allows people to share specific information with businesses who request it without having to show physical identity documents or share a large amount of personal data, Yoti said.
The announcement follows a £10 million investment by Lloyds Banking Group into the digital identity technology company earlier this year.
Yoti has a number of digital identity apps in the UK including Yoti ID and Post Office EasyID. Yoti said these can be used in various scenarios such as picking up parcels or as a proof of age.
The company added that its apps have been certified by the UK government as proof of identity for right to work, right to rent and criminal record checks.
Yoti said the Lloyds Bank Smart ID will be accepted by businesses which accept other Yoti apps as they are interoperable.
Commenting on the news 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.”
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