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Trust Stamp partners with Digital Platformer to enhance security in financial services
Proactiveinvestors NA· 2025-02-18 14:11
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Trust Stamp Partners with Digital Platformer to Strengthen Security in Digital Identity and Financial Services
Globenewswire· 2025-02-18 02:00
Core Perspective - Trust Stamp and Digital Platformer have formed a strategic partnership to enhance financial security, identity verification, and regulatory compliance through advanced biometric authentication and decentralized security solutions [1][2][4]. Group 1: Partnership Overview - The partnership aims to deliver an integrated solution that combines Trust Stamp's identity verification capabilities with Digital Platformer's decentralized security frameworks [1][2]. - A Memorandum of Understanding (MOU) has been signed, with intentions to enter into a definitive agreement for shared services [1]. Group 2: Technological Innovations - The collaboration will leverage Secure Multiparty Computation (MPC) to manage biometric data and private keys securely, enabling rapid and privacy-focused authentication [5]. - The unified solution will address challenges such as cybersecurity threats, fraud prevention, and regulatory compliance, enhancing trust and efficiency across various sectors [2][4]. Group 3: Industry Impact - The partnership is expected to streamline onboarding processes, mitigate fraud risks, and ensure compliance in industries like finance, healthcare, and government services [4][6]. - By integrating biometric verification and decentralized technologies, the collaboration aims to transform digital identity and financial security, fostering a new economic ecosystem [6][7]. Group 4: Company Backgrounds - Trust Stamp is a global provider of AI-powered identity services, focusing on reducing fraud and protecting personal data privacy across multiple sectors [8]. - Digital Platformer, founded in 2020, utilizes advanced blockchain technology to provide trustless identity solutions, enhancing the secure ownership and transactions of digital assets [9].
Trust Stamp previews AGM
Globenewswire· 2025-01-15 21:30
Atlanta, GA, Jan. 15, 2025 (GLOBE NEWSWIRE) -- T Stamp Inc. dba Trust Stamp (Nasdaq: IDAI),issued a reminder for shareholders to attend the Company's annual general meeting (the “Annual Meeting”), which will be held on Wednesday, January 29, 2025, at 9:00 a.m. Eastern Standard Time online via live audio webcast at www.colonialstock.com/tstamp2025. Shareholders who have not completed a proxy can vote using the information provided in the meeting notice. In addition to the scheduled statutory business, the C ...
Trust Stamp to raise $3.5M for AI-powered identity verification services expansion
Proactiveinvestors NA· 2025-01-07 15:12
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Trust Stamp Announces Pricing of $3.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Globenewswire· 2025-01-07 13:00
Atlanta, GA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 414,202 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 Series A Warrants to purchase up ...
Trust Stamp forges strategic partnership with Qenta for AI-powered identity solutions
Proactiveinvestors NA· 2025-01-06 15:35
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025
Globenewswire· 2025-01-06 15:06
Atlanta, GA, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, has announced a strategic transaction with Qenta Inc. (“Qenta”). Under the arrangement, Qenta is spinning its Goldstar KYC technology off into a newly formed subsidiary, QID Technologies LLC (“QID”), with Trust Stamp having a 10% ownership interest in the new entity. In parallel, Trust Stamp has provided a non-exclusive license of its AI-powered identity technologies to QID in return for ...
Trust Stamp CEO highlights reverse stock split as key step toward growth
Proactiveinvestors NA· 2025-01-03 20:57
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Trust Stamp Previews Strategic Announcements
Globenewswire· 2025-01-03 20:15
Atlanta, GA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gareth N. Genner, CEO of Trust Stamp, announced, “As our shareholders and observers know, our reverse split will be effective for trading on January 6, 2025. The reverse split process was formally started on September 20, 2024, with notice to Nasdaq. On November 4, 2024, Nasdaq officially extended our time to comply with the $1 closing bid rule based on that plan. On November 18, 2024, 96% of the shareholders attending our EGM in person or by proxy voted in fa ...
Trust Stamp Announces Reverse Stock Split Effective January 6, 2025
Globenewswire· 2025-01-02 16:45
Atlanta, GA, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, has announced that a reverse stock split of its common stock will become effective at the market open on Monday, January 6, 2025. The reverse stock split was approved by the Company’s Board of Directors and shareholders and will be implemented at a ratio of 1-for-15. Following the split, every 15 issued and outstanding shares of Common Stock will be converted into one share of Common Stoc ...