- 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 Protection by irreversibly transforming sensitive personal data into secure, anonymised identity tokens (IT2) protecting privacy while maintaining data utility for identity verification purposes.
Andrew Gowasack, Trust Stamp’s President, commented, "As fraudsters become more adept at circumventing traditional security measures, prioritizing robust fraud prevention is crucial to protect customers, safeguard assets, and maintain trust in the banking system and banks must continuously evolve their fraud detection and prevention strategies by investing in cutting-edge technologies. NayaOne's platform provides financial institutions with the ability to build, test, and create unique solutions to the complex problems that they face and Trust Stamp’s technology is delivered through a set of microservices, which is ideally suited to the NayaOne platform and gives institutions flexibility in creating solutions. We are excited to be co-creating with NayaOne and we look forward to working with its customer base.”
Enquiries
Trust Stamp Email: Shareholders@truststamp.ai
Andrew Gowasack, President: agowasack@truststamp.ai
About Trust Stamp
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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.
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