Trust Stamp announced that it has integrated its AI-powered software solutions with Mastercard’s Sandbox as a Service which offers an ecosystem of integrated fintech solutions that enable Mastercard member banks and financial institutions to drive innovation and support partnership strategies by collaborating, building and validating solutions with third-party providers, while establishing mutually beneficial partnerships.
Andrew Gowasack, Trust Stamp’s President, commented, “As fraudsters become more adept at circumventing traditional security measures, prioritizing robust fraud prevention is crucial to protecting customers, safeguarding assets, and maintaining trust. Mastercard is a market leader in providing effective anti-fraud solutions and we are very pleased to have this opportunity to offer its member banks and financial institutions an opportunity to test interactive journeys using our cutting-edge technology solutions, hopefully reducing the time needed for understanding, validating and implementing our solutions.”
Trust 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 compliance, government, real estate, communications, and humanitarian services. Its technology empowers organizations with advanced biometric identity solutions that reduce fraud, protect personal data privacy, increase operational efficiency, and reach a broader base of users worldwide through its unique data transformation and comparison capabilities.
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Located across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI). The company was founded in 2016 by Gareth Genner and Andrew Gowasack.
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All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
SOURCE: GlobeNewswire