T Stamp (IDAI)
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Trust Stamp rolls out biometric-binding tech to address age-verification law failures
Proactiveinvestors NA· 2025-09-29 14:33
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] Group 2 - The team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - Automation and software tools, including generative AI, are used, but all content is edited and authored by humans [5]
Transatlantic Age-Verification Laws Descend into Chaos; Trust Stamp Unveils Biometric ‘Binding’ in a niche market predicted to reach $5.12B in annual revenue by 2033
Globenewswire· 2025-09-29 13:45
Core Insights - Trust Stamp's biometric-binding technology addresses the failures of current age-verification laws, particularly in the UK and the impending crisis in the US due to similar legislation [1][2][3] Industry Overview - The UK's Online Safety Act has proven ineffective shortly after enforcement began, highlighting a compliance crisis for companies in the US facing similar regulations [2] - The age verification software market is projected to grow significantly, from $1.45 billion in 2024 to $5.12 billion by 2033, indicating a rising demand for effective solutions [3] Company Technology - Trust Stamp's TrustedAge™ technology offers a biometric key that ensures only the rightful user can access age-restricted content, addressing the flaws of traditional age verification methods [4][5] - The technology utilizes a live biometric capture for each session, making credentials non-transferable and enhancing compliance by closing loopholes that expose companies to fines [5][6] Research and Validation - Trust Stamp's novel approach, combining Zero Knowledge Proofs with Biometric Bound Credentials, has been recognized for its contributions and accepted for presentation at the IEEE-sponsored BIOSIG 2025 conference [5] - The technology was tested in Australia's Age Assurance Technology Trial, demonstrating its effectiveness in age verification with a Mean Predicted Age of 18.2 against a Mean Actual Age of 17.81 [5] Strategic Positioning - Trust Stamp positions itself as a solution provider amidst a compliance nightmare, with potential fines reaching up to $10,000 per incident for companies relying on outdated systems [5] - The company's approach enhances user trust and sets a new benchmark for security in digital identity systems by verifying users directly rather than relying on devices [6]
Transatlantic Age-Verification Laws Descend into Chaos; Trust Stamp Unveils Biometric ‘Binding' in a niche market predicted to reach $5.12B in annual revenue by 2033
Globenewswire· 2025-09-29 13:45
Core Insights - Trust Stamp has introduced its proprietary biometric-binding technology to address the failures of current age-verification laws, which are struggling under real-world pressures [1][3] - The UK's Online Safety Act has proven ineffective shortly after its enforcement, indicating a broader compliance crisis looming for similar legislation in the United States [2][5] Company Overview - Trust Stamp's President, Andrew Gowasack, highlighted the inadequacies of existing age verification systems, emphasizing that they are based on flawed premises and are easily circumvented [3][5] - The company offers a solution called TrustedAge™, which utilizes biometric keys to ensure that age verification is secure and non-transferable, addressing the vulnerabilities of traditional methods [4][5] Market Potential - The age verification software market is projected to grow significantly, with revenues expected to increase from $1.45 billion in 2024 to $5.12 billion by 2033, indicating a strong demand for effective solutions [3] - Trust Stamp's technology has been recognized in a paper accepted for presentation at the IEEE-sponsored BIOSIG 2025 conference, showcasing its innovative approach [5] Technological Innovation - Trust Stamp's approach combines Zero Knowledge Proofs with Biometric Bound Credentials, allowing organizations to verify age and presence without exposing sensitive biometric data [6] - The technology has been tested in a case study in Australia, demonstrating its effectiveness in age assurance with a Mean Predicted Age of 18.2 compared to a Mean Actual Age of 17.81 [5] Industry Challenges - The surge in VPN usage has exposed critical flaws in current age verification systems, leading to a public rejection of their viability [3][5] - Companies in the U.S. are facing potential fines of up to $10,000 per incident due to non-compliance with emerging age verification laws, highlighting the urgency for effective solutions [5]
Trust Stamp's Norman Poh provides details on company's online age verification solution – ICYMI
Proactiveinvestors NA· 2025-09-27 20:20
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
Trust Stamp Reaches 100 Financial Institution Customers and Reports 95% and 306% increases in transaction volumes from banking and insurance institutions
Globenewswire· 2025-09-25 14:20
Core Insights - Trust Stamp has reached a significant milestone by partnering with 100 financial institutions on its low-code Orchestration Layer, indicating strong market adoption and growth potential [1][2] Company Growth and Performance - The company reported that 94 of its 100 financial institution customers are banks with a combined asset value exceeding $500 billion, showcasing the scale of its client base [2] - Monthly transaction volume from these banks surged by 95.3% from June to August 2025, driven by the implementation of a large bank, one of the top ten U.S. credit card issuers [2] - Trust Stamp's diversification strategy is yielding results, with a partnership with one of the three largest life insurance providers in the U.S., resulting in a 306.2% increase in transaction volume from June to August 2025 [2] Contractual Developments - The company has extended its contract with a Fortune 500 financial services customer to May 2031, ensuring a minimum gross revenue of over $12.7 million for the remaining term, which underscores the reliability of its revenue stream [2] Technology and Services - Trust Stamp provides AI-powered identity services that include a cryptographic token for secure, privacy-preserving identity verification, applicable across various sectors [3][6] - The low-code Orchestration Layer allows for easy deployment of custom identity and risk scoring solutions, enhancing operational efficiency for clients [3][6]
Trust Stamp reaches financial institution customers milestone, sees accelerating transaction volume
Proactiveinvestors NA· 2025-09-25 13:29
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production [5]
Trust Stamp Reaches 100 Financial Institution Customers and Reports Accelerating Transaction Volume
Globenewswire· 2025-09-25 12:30
Core Insights - Trust Stamp has achieved significant commercial milestones, including reaching 100 financial institutions on its low-code Orchestration Layer and renewing a long-term contract with a Fortune 500 financial services customer, ensuring a minimum gross revenue of over $12.7 million through May 2031 [1][2] Group 1: Commercial Growth - The company has seen accelerating adoption and increased transactional volume, particularly after a major bank implementation that drove a 95.3% increase in monthly transaction volume from June to August 2025 [2] - Trust Stamp's Orchestration Layer is expanding within the banking sector, with 94 out of 100 financial institution customers being banks that collectively hold over $500 billion in assets [2] - The company has also partnered with one of the three largest life insurance providers in the U.S., resulting in a 306.2% increase in transaction volume from June to August 2025 [2] Group 2: Strategic Partnerships - The long-term contract extension with a foundational Fortune 500 partner validates Trust Stamp's technology and collaborative approach, securing a predictable revenue stream through the end of the decade [2] - The partnership underscores Trust Stamp's critical role in the operations of leading financial institutions [2] Group 3: Technology and Services - Trust Stamp provides AI-powered identity services that include a cryptographic token for secure, privacy-preserving identity verification [3] - The company's low-code Orchestration Layer facilitates the development and deployment of custom identity and risk scoring solutions across various sectors [3][5]
美股异动|Trust Stamp盘前跌超8%,昨日因与英特尔达成合作大涨超11%
Ge Long Hui· 2025-09-25 08:28
Core Viewpoint - Trust Stamp (IDAI.US) experienced a pre-market decline of over 8%, trading at $3.07, following a significant rise of over 11% due to a partnership announcement with Intel [1] Group 1: Company Overview - Trust Stamp specializes in real-time identity verification solutions, utilizing artificial intelligence technology to allow users to confirm their identity through selfies taken on mobile devices or computers [1] - The company ensures that biometric data is not stored but is instead converted into encrypted tokens [1] Group 2: Partnership Details - Intel announced a collaboration with Trust Stamp in an AI briefing, highlighting the use of Intel's Xeon scalable processors and the OpenVINO toolkit, which optimizes quantized AI models [1]
Intel publishes an AI-focused Brief covering Trust Stamp Partnership
Globenewswire· 2025-09-24 13:45
Trust Stamp announces the publication of a Partnership Brief by Intel Corporation focused on Trust Stamp’s “Protect” AI-powered identity platformAtlanta, GA, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI) announced the publication of a Partnership Brief by the Intel Corporation featuring Trust Stamp’s privacy-first, real-time identity verification using AI-optimized biometrics. Powered by Intel ® Xeon Scalable Processors ®, Trust Stamp Protect™ provides real-time identity matching with high- ...
Trust Stamp reveals Zero-Knowledge Proofs for remote human presence
Proactiveinvestors NA· 2025-09-23 14:20
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...