Trust Stamp Inc

Trust Stamp Inc is expanding its partnership with ID Dataweb, extending the identity verification firm's use of Trust Stamp's biometric tokenization and identity fraud mitigation technology across its enterprise customer base. The expansion builds on three years of joint work serving one of the three largest life insurance providers in the United States, Trust Stamp said. ID Dataweb, a provider of identity threat detection and risk mitigation services, will now use Trust Stamp's technology more broadly across its growing roster of enterprise clients. Trust Stamp's patented Irreversibly Transformed Identity Token technology converts biometric data into tokens that can be revoked, a design meant to reduce the risks of storing raw biometric data while enabling identity verification. Trust Stamp president Andrew Gowasack said expanding the relationship represents an important next step in the company's commercial growth strategy and creates an opportunity to bring its IT2 technology to a broader range of enterprise customers, while ID Dataweb chief operating officer Matt Cochran said the partnership shows the value of combining innovative, privacy-preserving technologies to solve real-world identity challenges.

Trust Stamp Inc has integrated its driver's license verification technology with Jack Henry's digital banking platform, making it available to community and regional financial institutions. The AI-powered identity solutions provider embedded its AAMVA Driver's License Data Verification solution using the Banno Digital Toolkit, which is the API framework of the Banno Digital Platform. This integration adds Trust Stamp to Jack Henry's ecosystem of over 1,000 fintechs serving more than 7,200 financial institutions, addressing rising identity fraud driven by generative AI. The AAMVA DLDV system queries official DMV records in real time to confirm that driver's license data matches active government records, shifting from document authentication to data verification without adding user friction. Trust Stamp's president, Andrew Gowasack, said the collaboration brings high-assurance protection directly into native banking experiences, enabling community banks and credit unions to deploy the 'gold standard' of identity trust.

Trust Stamp reported first-half 2026 revenue of $1.66 million, up 22.1% year over year, with a non-GAAP loss of $0.90 per share. Net loss for the six months widened to $4.93 million from $3.87 million in the prior-year period. The company ended the period with $6.31 million in cash and cash equivalents, supported by an estimated risk-adjusted revenue pipeline of $9.48 million.

Trust Stamp has been selected as a direct participant in the European Union's Important Project of Common European Interest semiconductor initiative, a programme designed to build an integrated semiconductor value chain across Europe. Executive Director Berta Pappenheim said the selection endorses the company's identity and data security expertise and positions it within Europe's sovereign semiconductor efforts. Trust Stamp has already signed two cooperation agreements with fellow participants, one focused on trusted hardware linking device identity to verified individual identity for secure authentication in medical devices and critical infrastructure, and another on frontier research into brain-computer interfaces where brain-wave signals could serve as identification. Malta Enterprise, the national economic development agency, selected Trust Stamp for the programme, which Pappenheim described as an honour and validation of the company's capabilities.