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Trust Stamp announces timing for filing its 2024 10K and gives historic and forward-looking revenue guidance
Newsfilter· 2025-03-27 14:00
Company Overview - Trust Stamp is a global provider of AI-powered services across various sectors including banking, finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services [1][2] - The company's technology aims to reduce fraud, tokenize and secure data, authenticate users while protecting privacy, and enhance operational efficiency, thereby facilitating secure financial inclusion [1] Financial Performance - Trust Stamp plans to file its 10-K report for the 2024 Financial Year after the Nasdaq market closes on March 31, 2025 [4] - The revenue for Q4 2024 is projected to be $1.497 million, a significant increase from $0.575 million in Q4 2023, surpassing analysts' forecasts of $0.51 million [4] - Anticipated revenue from existing customers for the full year 2025 is expected to exceed $5.0 million [4]
Trust Stamp secures patent for new biometric security technology
Proactiveinvestors NA· 2025-03-25 14:36
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 news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
In the age of AI-powered deepfake attacks, Trust Stamp unveils cutting-edge protection against the rising threat of both deepfakes and injection attacks
Newsfilter· 2025-03-25 14:00
Core Insights - Trust Stamp has received a patent for its "Shape Overlay for Proof of Liveness" mechanism, enhancing biometric security against deepfake and injection attacks [1][2][4] - The innovation addresses vulnerabilities in traditional biometric authentication methods, particularly against sophisticated digital fraud techniques [2][4] - The patented system requires user interaction with randomly generated shape overlays, ensuring real-time verification of a live subject without the need for specialized hardware [3][4] Company Overview - Trust Stamp is a global provider of AI-driven identity authentication solutions, focusing on privacy-first biometric security [5] - The company aims to enhance digital identity protection across various sectors, including financial services, government, and enterprise applications [5] - Trust Stamp emphasizes accessibility and cost-effectiveness in its security solutions, making robust biometric security available to a wider audience [3][4]
Trust Stamp achieves D-seal certification
Proactiveinvestors NA· 2025-03-05 15:46
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV 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]
Trust Stamp ® announces the achievement of the D-seal
Globenewswire· 2025-03-05 15:15
Core Insights - Trust Stamp has been awarded the D-seal certification, which combines IT security and responsible data usage, reinforcing its leadership in ethical and privacy-preserving digital identity solutions [1][5] - The D-seal certification enhances Trust Stamp's commitment to responsible digital practices, particularly in humanitarian aid, financial inclusion, and public sector services [3][5] Group 1: Trust Stamp's Achievements - The D-seal certification is the first of its kind, emphasizing the importance of IT security and responsible data usage [1] - Trust Stamp's privacy-first solutions are designed to meet the highest ethical and security standards, particularly for organizations in humanitarian aid and financial sectors [1][3] Group 2: Impact on Humanitarian Sector - The humanitarian sector has historically prioritized efficiency and fraud prevention over privacy, leading to risks for vulnerable populations [2] - Trust Stamp's D-seal certification aims to shift this focus towards privacy and responsible data practices, reducing risks of data breaches and misuse [2] Group 3: Financial Inclusion - Trust Stamp's technology provides secure, interoperable identity solutions that empower unbanked individuals, facilitating access to financial services [3] - The company’s approach minimizes risks of misuse or exploitation while enhancing fraud prevention and operational efficiency [3] Group 4: Public Sector Solutions - Trust Stamp's commitment extends to governments, helping them modernize digital infrastructure while avoiding vendor lock-in [4] - The D-seal achievement supports the development of secure, ethical, and interoperable identity solutions that promote innovation and sustainability in public services [4] Group 5: Technological Advancements - Trust Stamp is addressing the lack of interoperability in facial biometrics through recent patents, allowing users to compare biometric samples across different vendors [5] - The company aims to create an open-format standard for identity solutions, enhancing security and scalability [5] Group 6: Company Overview - Trust Stamp is a global provider of AI-powered identity services across various sectors, including banking, finance, and humanitarian services [8] - The company operates in six countries and is listed on the Nasdaq Capital Market [9]
Trust Stamp secures patent allowance for interoperable biometric security framework
Proactiveinvestors NA· 2025-02-25 15:45
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Trust Stamp announces the allowance by USPTO of Non-Provisional Patent Application 17/725,978 entitled: "Interoperable Biometric Representation" unlocking the potential to break vendor lock-in for biometric services
Newsfilter· 2025-02-25 14:30
Core Insights - Trust Stamp has received a patent for its "Interoperable Biometric Representation" framework, which addresses biometric interoperability challenges while enhancing privacy and security [1][4] - The lack of interoperability in biometric systems has hindered their adoption, as different vendors use proprietary data formats, leading to vendor lock-in for users [2] - Trust Stamp's framework converts biometric data into a universal format, allowing seamless recognition and validation across different platforms without altering existing vendor processes [3][4] Company Overview - Trust Stamp is a global provider of AI-powered identity services across various sectors, including banking, finance, and government, focusing on reducing fraud and protecting personal data privacy [7][8] - The company emphasizes its commitment to secure, privacy-first identity verification solutions that promote financial inclusion and enhance cross-platform biometric authentication [4] Technological Innovation - The new framework generates privacy-secured tokens (IT2™) that enable biometric matching without storing sensitive data, thus functioning as a Privacy Enhancing Technology (PET) [3][4] - The solution allows for the comparison of biometric samples from different vendors by converting them into a common format, eliminating the need for proprietary conversions [4]
Trust Stamp announces the allowance by USPTO of Non-Provisional Patent Application 17/725,978 entitled: “Interoperable Biometric Representation” unlocking the potential to break vendor lock-in for biometric services
Globenewswire· 2025-02-25 14:30
Core Insights - Trust Stamp has received a patent for its "Interoperable Biometric Representation" framework, which enhances biometric interoperability while prioritizing privacy and security [1][4] - The lack of interoperability in biometric systems has limited their adoption, as different vendors use proprietary data formats that prevent comparison across systems [2] - Trust Stamp's framework converts biometric data into a universal format, allowing seamless recognition and validation across platforms without altering existing vendor processes [3][4] Company Overview - Trust Stamp is a global provider of AI-powered identity services, focusing on sectors such as banking, finance, regulatory compliance, government, real estate, communications, and humanitarian services [7] - The company aims to reduce fraud, protect personal data privacy, and enhance operational efficiency through advanced biometric identity solutions [7] - Trust Stamp is publicly traded on the Nasdaq Capital Market under the ticker IDAI and operates across North America, Europe, Asia, and Africa [8] Technological Innovation - The new framework allows for the comparison of biometric samples from different vendors by converting them into a common format, addressing the current lack of interoperability [4] - It includes an open-format neural network solution that enables approved vendors to generate compliant face templates, eliminating the need for proprietary conversions [4] - The system generates privacy-secured tokens (IT2™) that facilitate biometric matching without storing sensitive data, thus enhancing user privacy [3][4] Industry Impact - This innovation addresses long-standing issues of vendor lock-in, enabling users to compare biometric data from multiple sources without being tied to a single vendor [4] - Trust Stamp's advancements contribute to a more open, secure, and accessible digital identity ecosystem, promoting secure financial inclusion [4]
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 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 ...