Welcome to our dedicated page for T Stamp news (Ticker: IDAI), a resource for investors and traders seeking the latest updates and insights on T Stamp stock.
T Stamp Inc develops and markets identity authentication software solutions for enterprise partners and peer-to-peer markets. The company is engaged in developing proprietary artificial intelligence-powered solutions; researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks, protecting sensitive user information, and extending the reach of digital services through accessibility.
Rhea-AI Summary
Trust Stamp (Nasdaq: IDAI) announces the onboarding of the 50th Financial Institution to its Orchestration Layer platform, reaching a total of 54 institutions. The company's focus on US-based banks through partnerships has led to tailored product offerings for the community banking sector. Anticipated onboarding of community bank customers in Q2 of this year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.62%
Tags
-
News
Rhea-AI Summary
Trust Stamp (IDAI) reports its business and financial results for the year ended December 31, 2023, showcasing growth in customer base, revenue streams, and innovative product launches. The company's focus on US banks and new sectors, along with cost reduction measures, led to a reduced operating loss and strengthened balance sheet. Trust Stamp's patent portfolio and AI-powered technology stack position it for future growth and product differentiation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.62%
Tags
-
Rhea-AI Summary
Trust Stamp (Nasdaq: IDAI) receives positive legal validation for its AI-Powered Age Verification technology in Texas. The U.S. Court of Appeals approves the use of Trust Stamp's technology to meet age verification requirements for accessing pornography.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
Rhea-AI Summary
Trust Stamp (IDAI) announces the commercial release of its new AI-Powered Age-Estimation technology using deep-learning algorithms. The technology aims to help online and offline enterprises estimate the age range of users based on facial images. The company is in negotiations for its first commercial implementation after outperforming an industry leader in a recent test.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.33%
Tags
-
Rhea-AI Summary
Trust Stamp (Nasdaq: IDAI) releases a white paper on its Stable IT2 technology for facial recognition, enhancing identity security and authentication. The technology eliminates the need to store biometric data, offering a privacy-focused solution for secure system access and account protection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
-
Rhea-AI Summary
Trust Stamp (Nasdaq: IDAI) receives a new patent from the US Patent and Trademark Office for AI-Powered hashing technology. The patent covers Systems and Methods for Enhanced Hash Transforms, ensuring secure identity token creation. With a total of nineteen patents issued and fourteen provisional and pending patents, Trust Stamp demonstrates its commitment to innovation and research.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.71%
Tags
Rhea-AI Summary
Trust Stamp (Nasdaq: IDAI) introduces Trusted Authentication™, an AI-Powered transaction authorization service for high-value and high-risk transactions. The service aims to enhance identity authentication for online financial transactions, addressing the rise in deep-fake attacks. Trusted Authentication will launch with a pilot bank partner in early Q2 of 2024, with a full rollout planned by the end of the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.71%
Tags
-
Rhea-AI Summary
Trust Stamp (IDAI) receives a notice of allowance from the USPTO for a new patent covering facial recognition with obscured faces. The patent titled 'Face Cover Compatible Biometrics and Processes for Generating and Using Same' has a wide range of applications beyond mask identification. Trust Stamp's President Andrew Gowasack highlights the adaptability of the technology to existing biometric systems with minimal changes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.56%
Tags
-
Rhea-AI Summary
Trust Stamp, listed by the Federal Reserve as a Synthetic Identity Fraud Mitigation Provider, offers AI-powered trust and identity services to global customers. The company, led by President Andrew Gowasack, emphasizes the importance of combating synthetic identity fraud and highlights their cutting-edge technology in addressing cybercrime threats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.09%
Tags
Rhea-AI Summary
Trust Stamp (Nasdaq: IDAI) issues a warning about newly discovered Trojans targeting iOS and Android devices, posing a threat to financial institution accounts. Group-IB identifies 'GoldDigger' and 'GoldPickAxe' Trojans, with the latter harvesting facial biometric data for unauthorized access. Trust Stamp emphasizes the global nature of cybercrime and the need for secure data storage solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.09%
Tags
FAQ
What is the current stock price of T Stamp (IDAI)?
The current stock price of T Stamp (IDAI) is $0.245 as of November 4, 2024.
What is the market cap of T Stamp (IDAI)?
The market cap of T Stamp (IDAI) is approximately 4.0M.
What does T Stamp Inc specialize in?
T Stamp Inc develops identity authentication software solutions for enterprise partners and peer-to-peer markets.
What technologies does T Stamp Inc leverage?
T Stamp Inc leverages artificial intelligence, biometric science, cryptography, and data mining in their solutions.
What is the recent achievement of T Stamp Inc?
T Stamp Inc has received a notice of allowance for a new patent for an AI-powered personal identifiable information encoder.
Who are the founders of T Stamp Inc?
T Stamp Inc was founded in 2016 by Gareth Genner and Andrew Gowasack.
Where is T Stamp Inc located?
T Stamp Inc is located across North America, Europe, Asia, and Africa.
Where does T Stamp Inc trade?
T Stamp Inc trades on the Nasdaq Capital Market under the symbol IDAI.
What sectors does T Stamp Inc serve?
T Stamp Inc serves sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services.
What is the mission of T Stamp Inc?
T Stamp Inc aims to provide advanced biometric identity solutions to reduce fraud, protect personal data privacy, increase operational efficiency, and reach a broader user base worldwide.
What is the significance of the new patent received by T Stamp Inc?
The new patent for an AI-powered personal identifiable information encoder addresses the need for security against cyber-attacks and provides optimized privacy protection by tokenizing personal data.
What is the focus of the recent patent filed by T Stamp Inc?
The recent patent aims to improve the performance of biometric-based age estimation algorithms to tailor results to complex client requirements.
T Stamp Inc.
Nasdaq:IDAI
IDAI Rankings
IDAI Stock Data
4.02M
18.82M
28.63%
4.92%
0.01%
Software - Application
Services-prepackaged Software
United States of America
ATLANTA