First Advantage Delivers Digital Identity Services through Yoti Partnership

Rhea-AI Summary

First Advantage (NASDAQ: FA) has formed a strategic partnership with Yoti to integrate digital identity services into its technology platform. This move aligns with the upcoming changes to the UK Right to Work and UK DBS Checks set for April 2022. The integration aims to simplify and enhance the identity verification process for employers, reducing recruitment risks and increasing safety. The collaboration is expected to offer innovative solutions that streamline ID verification, catering to employers' needs during regulatory shifts.

Positive

• Strategic partnership with Yoti enhances digital identity services on First Advantage's platform.
• Aligns with UK government policy changes for improved identity verification processes.
• Expected to reduce recruitment risks and enhance employer confidence.

Negative

• None.

• Yoti digital identity services to be offered via the First Advantage technology platform

• Joint go-to-market strategy enables promotion of digital identity services aligned with upcoming April 2022 updates to UK Right to Work & UK DBS Checks
  

ATLANTA and LONDON, Feb. 10, 2022 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, has announced the signing of a strategic technology integration partnership with Yoti, a U.K.-based digital identity leader.

The technology integration partnership will allow First Advantage to offer Yoti digital identity services directly through the First Advantage technology platform. This partnership arrives ahead of planned changes to the UK Right to Work & UK DBS Checks. According to a UK government policy paper published 27 December 2021, allowing for digital identity services will give employers greater confidence in confirming prospective employees’ identities. Digital identity checks, which take effect 6 April 2022, will allow employers to reduce risk and recruit more safely.

“Through this partnership, First Advantage and Yoti are bringing innovative and much-needed solutions to the UK and EMEA market ahead of upcoming changes to UK Right to Work & UK DBS Checks,” said Scott Staples, CEO of First Advantage. “Our integrated offering will further enable employers to hire smarter and onboard faster at a time when regulatory changes are allowing employers and landlords to leverage simpler, more secure, high-tech identity service solutions.”

Robin Tombs, CEO of Yoti, agreed: “Yoti is delighted to join forces with First Advantage and help make it simpler and safer for organisations and their employees to prove their identity. It doesn’t make sense that people still have to show physical ID documents to prove who they are. Our secure digital identity platform helps businesses streamline outdated ID processes to cut admin time and cost.”

About First Advantage
First Advantage (NASDAQ: FA) is a leading global provider of technology solutions for screening, verifications, safety, and compliance related to human capital. The Company delivers innovative solutions and insights that help customers manage risk and hire the best talent. Enabled by its proprietary technology, First Advantage’s products and solutions help companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants, and drivers. Headquartered in Atlanta, Georgia, First Advantage performs screens in over 200 countries and territories on behalf of its more than 30,000 customers. For more information about First Advantage, visit the Company’s website at https://fadv.com/.

Media Contact:
The Devon Group
firstadvantage@devonpr.com
(732) 706-0123, ext. 700

About Yoti
Yoti is a digital identity network that allows organisations to verify identities and trusted credentials online and in person. Yoti’s products span identity verification, age verification, document eSigning, access management and authentication. Over 11 million people have downloaded the free Yoti app, which is available in English, Spanish, French, German, Portuguese and Polish. Yoti is certified to ISO/IEC 27001:2013 for ID Verification Services, ISAE 3000 (SOC 2) Type 2 certified for its technical and organisational security processes. For more information please visit www.yoti.com.

Media Contact:
Mark Hindle
Yoti, Head of Brand & Communications
press@yoti.com

Nikki Alvey
The PR Network
Nikki.alvey@thepr.network
+44(0)7973 354 706

FAQ

What is the partnership between First Advantage and Yoti about?

First Advantage has partnered with Yoti to integrate digital identity services into its platform, enhancing identity verification processes.

When will the updated UK Right to Work and DBS Checks take effect?

The changes to the UK Right to Work and DBS Checks will take effect on April 6, 2022.

How will the partnership impact employers using First Advantage services?

The partnership is expected to simplify the hiring process, reduce risks, and enable quicker onboarding for employers.

What is the significance of Yoti's digital identity platform?

Yoti's platform helps organizations verify identities and trusted credentials, streamlining outdated ID processes and reducing administrative burdens.