T Stamp Inc. develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta. The company's artificial intelligence powered solutions include researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks. Its solution converts biometric and other identifying data into an Irreversibly Transformed Identity Token that serves as a secure tokenized identity. The company also offers solutions for privacy and data protection, document validation, identity verification, duplicate detection, and biometric capture. It serves banking/fintech; humanitarian and development services; biometrically secured email; KYC/AML compliance; government and law enforcement; P2P transactions, social media, and sharing economy; and real estate, travel, and healthcare industries. The company was incorporated in 2016 and is headquartered in Atlanta, Georgia.
IPO Year:
Exchange: NASDAQ
Website: https://truststamp.ai
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Atlanta, GA, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), a global provider of AI-powered technologies, has announced two upcoming events. Trust Stamp is planning to issue a comprehensive business and strategic update on December 15th, 2024. Trust Stamp will hold its Annual General Meeting on January 29, 2024, at 9:00 a.m. Eastern Time. This meeting will occur through online mediation, allowing shareholders to attend remotely. Additional details will be shared in forthcoming filings with the Securities and Exchange Commission ("SEC"). About Trust Stamp Trust Stamp, the Privacy-First Identity Company ™, is a global provider of AI-powered software and data transformation
Atlanta, GA, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), a global provider of advanced identity solutions, is pleased to announce the launch of a pioneering research initiative aimed at expanding its biometric cryptosystem, Stable IT2, to include contactless palm authentication. The Biometric Secure Module (BSM) project will further enhance security by integrating face and palm biometrics, providing a more resilient and privacy-centric authentication system. Cyber-crime is on the rise, with global costs projected to reach $10.5 trillion by 2025. Trust Stamp's BSM project aims to address this growing concern by developing a biometric cryptosystem that offers high-entrop
ATLANTA, GA, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI) has announced the issuance by the US Patent of Trademark Office of Patent No. 17/719,975 entitled, "Personal Identifiable Information Encoder." Gareth N. Genner, Trust Stamp's Chief Executive Officer, said, "Data protection and privacy should be non-negotiable for any enterprise or governmental agency that stores or processes personal identifiable information ("PII"). Despite frequent assurances as to secure storage and processing, we continue to see data losses across a wide range of organizations. This technology provides the means to maintain the essential utility of PII without storing highly sensitive data. Any
Atlanta, GA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 1,432,399 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company also agreed to issue and sell unregistered warrants to purchase up to an aggregate of 2,864,798 shares of common stock. The combined effective offering price for each share of common stock (or pre-funde
Atlanta, GA, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, announced financial results and provided a business update for the six months ended June 30, 2024. These included a 100% year-on-year increase in enrolled customers and increases in Net Revenue for each of the quarter and six-month periods ending June 30, 2024. Trust Stamp Chief Executive Officer Gareth N. Genner commented, "I am pleased to report our progress for the six months ended June 30, 2024. The relationship with our long-term customers remains very strong, and we anticipate long-term grow
ATLANTA, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), a global provider of AI-powered technologies, announces a strategic implementation with Boumarang Inc. ("Boumarang"), a pioneer in drone technology and hydrogen power solutions. The implementation will see Trust Stamp's computer vision, data tokenization, and other AI-powered technologies integrated into and used in conjunction with groundbreaking hydrogen-powered UAV systems. Market Opportunity: The global drone market was valued at USD 22.4 billion in 2022, and it is expected to grow from USD 28 billion in 2023 to USD 166.7 billion by 2031, with a compound annual growth rate (CAGR) of 25% during the forecast period f
Atlanta, GA, July 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI) announces a partnership with Botdoc to integrate Trust Stamp's low-code Orchestration Platform within the Botdoc Connect product, providing robust Identity Verification and KYC. The integration includes document validation using the Driver License Data Verification (DLDV) System offered by the American Association of Motor Vehicle Administrators (AAMVA) and accessed by Trust Stamp under a license from AAMVA. Trust Stamp and Botdoc have previously worked in parallel in other industries, such as banking, lending and insurance and are both graduates of the Independent Community Bankers of America (ICBA) ThinkTECH accele
Atlanta, GA, July 18, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI) announced that it has entered into a Letter of Intent with Qenta Inc. for a strategic alliance to serve a global federated network including crypto, bank, and other financial services companies. The Letter of Intent is non-binding until the definitive transaction documents are executed. Gareth N. Genner, CEO of Trust Stamp, commented, "Qenta is a global company that elevates the world's citizens and businesses through a frictionless, accessible, secure, and compliant financial ecosystem that can digitize and democratize all of the world's assets and transactions. According to a report by the Boston Consult
Atlanta, GA, July 12, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI). On the occasion of filing for its 37th patent, Trust Stamp's Chief Science Officer and Chief Technology Officer provide an overview of the Company's patent portfolio and the Company's evolution to supplying AI-powered technologies to a broader global customer base as reflected in the substantial growth in the Company's customer base announced in the Company's H1 2024 Business Report on July 11, 2024. Trust Stamp's Chief Technology Officer Scott Francis, commented, "From the outset, Trust Stamp has been committed to creating and productizing disruptive AI-powered technologies. Our initial use cases revolved around se
Atlanta, GA, July 11, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), announced that in H1 of 2024 it has onboarded 21 new customers to its low-code Orchestration Layer platform, bringing the total number to 69, while growing its overall financial services customer base in the United States and internationally and increasing the industries served. Trust Stamp President Andrew Gowasack, commented, "We have made tremendous progress building our business in 2024 and I know that it can be frustrating for shareholders who typically see company performance through the short term prism of reported revenue, or the snapshot of individual press releases, therefore I am pleased to provide our
Atlanta, GA, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI, Euronext Growth: AIID ID))), a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors, is pleased to announce the appointment of Joshua ("Josh") Allen to the position of CEO of Trust Stamp Malta Limited and its subsidiary, Trust Stamp Rwanda Limited with immediate effect. With over 20 years of experience in private equity, venture capital, and non-profit management, Mr. Allen joined Trust Stamp in late 2020 as Executive Vice President for Strategic Investments, Mergers, and Acquisitions and has served as an Executive Director to its Board since January 2021.
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Atlanta, GA, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), a global provider of AI-powered identity and authentication services for use in multiple sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services announces that the Company will report financial results for the third quarter ended September 30, 2023 on Tuesday November 7, 2023, after market close. Inquiries: Trust Stamp Email: [email protected] About Trust StampTrust Stamp the Privacy-First Identity CompanyTM, is a global provider of AI-powered identity services for use in multiple sectors including banking and finance, regulatory comp
Atlanta, GA, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI, Euronext Growth: AIID ID))), a global provider of AI-powered trust and identity services used globally across multiple sectors, provides a business update and commentary on reported financial results for the interim results for the six months ended June 30, 2022 ("H1 2022"). Gareth Genner, Chief Executive Officer, comments: "We achieved a 182% year-over-year increase in revenue and a 284% increase in gross profit during the first half of 2022, reflecting the strength of our technology offerings and the continued efficient execution of our business plan." "Our decision to invest in developing cutting-edge, cost-effe
Trust Stamp (NASDAQ:IDAI) announced that it has entered into a Letter of Intent with Qenta Inc. for a strategic alliance to serve a global federated network including crypto, bank, and other financial services companies. The Letter of Intent is non-binding until the definitive transaction documents are executed.
Trust Stamp (NASDAQ:IDAI), announced that in H1 of 2024 it has onboarded 21 new customers to its low-code Orchestration Layer platform, bringing the total number to 69, while growing its overall financial services customer base in the United States and internationally and increasing the industries served.Trust Stamp President Andrew Gowasack, commented, "We have made tremendous progress building our business in 2024 and I know that it can be frustrating for shareholders who typically see company performance through the short term prism of reported revenue, or the snapshot of individual press releases, therefore I am pleased to provide our shareholders, and the market, with a holistic report
Trust Stamp (NASDAQ:IDAI), the Privacy-First Identity CompanyTM, announced that it has filed provisional patent #63/662,575 with the US Patent and Trademark Office for a new methodology to detect injection attacks in biometric authentication processes, including attacks executed using deep fake images and videos.Injection attacks targeting biometric processes typically bypass the camera on a user's device or inject video or still images captured in a different context into the data stream between the user's device and the server to which they are authenticating.
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Trust Stamp announced that it has launched its proprietary Identity HubTM on the NayaOne Marketplace offering AI-powered software solutions that offer:Advanced Biometric Authentication with liveness and presentation attack detection to combat fraud and enhance security during customer onboarding, account access, and high-risk transactions protecting against identity theft and account takeovers.Robust Identity Verification and KYC including document validation with anti-spoofing checks and synthetic identity detection including identity deduplication.Synthetic Identity Fraud Detection via biometric velocity checks and identifying stolen or fabricated identities.Enhanced Data Privacy and Prote
Trust Stamp announced that the Identity Hub, a proprietary orchestration layer providing access to its full suite of AI-powered identity and fraud prevention products, has launched on the AWS Marketplace. The AWS Marketplace offers streamlined procurement, flexible pricing and centralized control and governance including the ability for customers to procure and pay for Trust Stamp's software through their existing AWS account.
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