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

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, June 24, 2024 (GLOBE NEWSWIRE) -- 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. Dr Norman Poh, Trust Stamp's Chief Science Officer, commented, "We

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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.

Gainers Presto Automation (NASDAQ:PRST) shares rose 45.5% to $0.11 during Thursday's pre-market session. The company's market cap stands at $12.5 million. SMX (Security Matters) (NASDAQ:SMX) shares rose 23.02% to $0.15. The market value of their outstanding shares is at $5.7 million. Schmid Group (NASDAQ:SHMD) stock rose 16.72% to $4.99. The company's market cap stands at $214.4 million. Syntec Optics Holdings (NASDAQ:OPTX) stock rose 14.76% to $2.41. The market value of their outstanding shares is at $88.4 million. Cyngn (NASDAQ:CYN) stock increased by 10.83% to $0.09. The market value of their outstanding shares is at $12.4 million. Vuzix (NASDAQ:VUZI) shares increased by 10.52% to $

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.

Gainers Actelis Networks (NASDAQ:ASNS) stock rose 139.1% to $2.75 during Tuesday's pre-market session. The market value of their outstanding shares is at $9.2 million. MicroAlgo (NASDAQ:MLGO) shares increased by 30.98% to $4.65. The company's market cap stands at $35.4 million. Schmid Group (NASDAQ:SHMD) stock moved upwards by 25.67% to $5.09. The company's market cap stands at $218.7 million. Ostin Technology Group (NASDAQ:OST) stock increased by 18.25% to $0.49. The company's market cap stands at $7.1 million. Comtech Telecom (NASDAQ:CMTL) shares rose 17.97% to $2.56. The market value of their outstanding shares is at $72.8 million. As per the news, the Q3 earnings report came out tod

Shares of Calavo Growers, Inc. (NASDAQ:CVGW) rose sharply in today's pre-market trading after the company reported second-quarter financial results. Total net sales surged 16.5% year-over-year to $184.4 million during the quarter. Adjusted net income surged to $8.9 million, or 50 cents per diluted share, from $5.1 million, or 29 cents per diluted share for the year-ago quarter. Calavo Growers shares jumped 11.6% to $27.90 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers ShiftPixy, Inc. (NASDAQ:PIXY) rose 41.1% to $2.06 in today's pre-market trading. Nauticus Robotics, Inc. (NASDAQ:KITT) shares rose 27.2% to $0.2938 in pre-