ANNOUNCEMENT: Sterling partners with Yoti to launch a unique wearable digital identity solution globally

NEW YORK, Nov.

ANNOUNCEMENT: Sterling partners with Yoti to launch a unique wearable digital identity solution globally

NEW YORK, Nov. 9, 2022/PRNewswire/ -- Sterling (NASDAQ: STER), a leading provider of background and identity verification solutions, partners with digital identity company Yoti to streamline background checks and expand its digital identity solutions. This collaboration brings together Sterling's 45+ years of experience in the background check industry with Yoti's innovative identity verification technology. The global partnership will serve to grow Sterling's digital identity capabilities in EMEA and APAC, and accelerate its vision of creating portable, privacy-focused identities for candidates.

The partnership between Sterling and Yoti will enable a unique digital identity verification workflow to be integrated directly into the hiring process, enabling employers to adopt an identity-first approach, in which a candidate's identity be verified before completing other background checks and before being hired. This strengthens pre-employment checks, reduces or eliminates the need for physical documents, and creates a streamlined hiring and onboarding experience for both employer and candidate.

Additionally, candidates who verify their identity through Sterling and Yoti will be able to seamlessly create a secure and reusable digital identity. This will allow them to verify your identity once and share your details with other companies in a matter of seconds, making the verification process more streamlined for employers and candidates. Individuals will be able to use their digital identity for future employment opportunities, age verification, and any process that requires identity verification.

"We are delighted to partner with Yoti, an international leader in digital identity verification, thereby expanding access to Sterling's identity offerings to employers around the world," said Josh Peirez, CEO of Sterling. This partnership will provide our customers with a unique and fully integrated digital identity solution that will streamline and simplify identity verification in hiring processes and improve the accuracy of background checks."

Robin Tombs, CEO of Yoti, said, "We are delighted to combine our digital identity verification technology with Sterling's background screening expertise to create an innovative and integrated digital identity solution. We can offer businesses the more complete, secure and efficient employment verifications By taking an “identity first” approach, employers can be sure the right person is applying for the job and benefit from a smooth onboarding process. Our digital identity checks will streamline background screening and improve efficiency throughout the hiring process."

Sterling and Yoti have partnered to create a fully integrated workflow, structured entirely around reusable digital identity and privacy preservation standards. Sterling clients and their candidates will be able to enjoy this unique experience in all of Sterling's international regions beginning in 2023, with the first phase beginning in the UK.

To learn more about the partnership, visit Sterling's Digital Identity Hub.

Notes to editors:

Under new legislation, entitlement to work and DBS checks can now be done digitally through an identity service provider (IDSP). Yoti and its partner Post Office became the first certified IDSPs in the UK. Sterling is also a Certified Identity Service Provider, under the UK Attributes and Digital Identity Trust Framework, for UK Right to Work, DBS Criminal Records and Right to Rent checks.

About Sterling

Sterling (NASDAQ: STER) - a leading provider of identity and background services - offers identity and background checks to help more than 50,000 clients create people-first cultures built on a foundation of trust and security. Sterling Technology Services help organizations in all industries establish great environments for their employees, partners and customers. Operating around the world, Sterling conducted more than 95 million searches in the twelve months ending December 31, 2021. Visit us online at sterlingcheck.com/.

About Yoti

Yoti is a digital identity technology company that makes it safer for people to prove who they are by verifying identities and trusted credentials online and in person. It currently offers verification solutions around the world, covering identity verification, age verification, electronic document signing, access management and authentication. In the UK, Yoti has partnered with Post to accelerate the adoption of digital identity, with a national presence spanning 11,500 Post branches, online and more. More than 12 million people have downloaded the free Yoti app around the world. It is available in English, Spanish, French, German, Portuguese and Polish. Yoti is certified to ISO/IEC 27001:2013 for identity verification services, and is ISAE 3000 (SOC 2) Type 2 certified for its technical and organizational security processes. For more information, visit www.yoti.com.

Contacts:

SterlingInvestors:Judah SokelIR@sterlingcheck.com Media:Jamie SerinoJamie.Serino@sterlingcheck.com

Yotipress@yoti.com

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