Trust Stamp Partners with Neural Payments to Bring Innovative ID Security to the $3.2 Trillion P2P Payment Sector
Trust Stamp (NASDAQ: IDAI) has announced a strategic partnership with Neural Payments to enhance security in the P2P payment sector. The collaboration integrates Trust Stamp's low-code Orchestration Platform with Neural Payments' real-time P2P payment solutions, providing advanced identity verification for KYC processes and selfie-based payment authentication.
The partnership comes as the global P2P payment market is projected to reach $3.63 trillion in 2025 and grow to $16.21 trillion by 2034, with a CAGR of 18.10%. Neural Payments currently serves nearly 80 financial institutions, and the integration will implement Trust Stamp's Irreversibly Transformed Identity Tokens (IT2) technology, eliminating the need for traditional authentication methods like SMS codes or authenticator apps.
Both companies are graduates of the ICBA ThinkTECH Accelerator program, which represents nearly 4,500 community banks in the United States. The partnership aims to address the growing concern of P2P payment fraud, with 8% of banking customers reporting victimization by P2P scams in the past 12 months.
Trust Stamp (NASDAQ: IDAI) ha annunciato una partnership strategica con Neural Payments per migliorare la sicurezza nel settore dei pagamenti P2P. La collaborazione integra la piattaforma low-code di Orchestrazione di Trust Stamp con le soluzioni di pagamento P2P in tempo reale di Neural Payments, offrendo una verifica avanzata dell'identità per i processi KYC e l'autenticazione dei pagamenti tramite selfie.
La partnership arriva in un momento in cui il mercato globale dei pagamenti P2P è previsto raggiungere 3,63 trilioni di dollari nel 2025 e crescere fino a 16,21 trilioni di dollari entro il 2034, con un tasso di crescita annuo composto (CAGR) del 18,10%. Neural Payments serve attualmente quasi 80 istituzioni finanziarie e l'integrazione implementerà la tecnologia Irreversibly Transformed Identity Tokens (IT2) di Trust Stamp, eliminando la necessità di metodi di autenticazione tradizionali come codici SMS o app di autenticazione.
Entrambe le aziende sono laureate del programma ICBA ThinkTECH Accelerator, che rappresenta quasi 4.500 banche comunitarie negli Stati Uniti. La partnership mira a contrastare la crescente preoccupazione per le frodi nei pagamenti P2P, con l'8% dei clienti bancari che ha riportato di essere stato vittima di truffe P2P negli ultimi 12 mesi.
Trust Stamp (NASDAQ: IDAI) ha anunciado una alianza estratégica con Neural Payments para mejorar la seguridad en el sector de pagos P2P. La colaboración integra la plataforma low-code de orquestación de Trust Stamp con las soluciones de pago P2P en tiempo real de Neural Payments, proporcionando una verificación avanzada de identidad para los procesos KYC y la autenticación de pagos basada en selfies.
La asociación se produce en un momento en que se proyecta que el mercado global de pagos P2P alcance 3,63 billones de dólares en 2025 y crezca hasta 16,21 billones de dólares para 2034, con una tasa de crecimiento anual compuesta (CAGR) del 18,10%. Neural Payments actualmente atiende a casi 80 instituciones financieras, y la integración implementará la tecnología Irreversibly Transformed Identity Tokens (IT2) de Trust Stamp, eliminando la necesidad de métodos tradicionales de autenticación como códigos SMS o aplicaciones autenticadoras.
Ambas empresas son graduadas del programa ICBA ThinkTECH Accelerator, que representa a casi 4,500 bancos comunitarios en Estados Unidos. La asociación tiene como objetivo abordar la creciente preocupación por el fraude en pagos P2P, con un 8% de los clientes bancarios reportando haber sido víctimas de estafas P2P en los últimos 12 meses.
Trust Stamp (NASDAQ: IDAI)는 P2P 결제 분야의 보안을 강화하기 위해 Neural Payments와 전략적 파트너십을 발표했습니다. 이번 협력은 Trust Stamp의 로우코드 오케스트레이션 플랫폼과 Neural Payments의 실시간 P2P 결제 솔루션을 통합하여 KYC 프로세스에 대한 고급 신원 확인과 셀카 기반 결제 인증을 제공합니다.
이 파트너십은 글로벌 P2P 결제 시장이 2025년 3.63조 달러에 도달하고 2034년까지 16.21조 달러로 성장할 것으로 예상되는 가운데 이루어졌으며, 연평균 성장률(CAGR)은 18.10%입니다. Neural Payments는 현재 약 80개의 금융 기관에 서비스를 제공하고 있으며, 이번 통합을 통해 Trust Stamp의 Irreversibly Transformed Identity Tokens(IT2) 기술이 도입되어 SMS 코드나 인증 앱과 같은 기존 인증 수단이 필요 없어집니다.
양사는 미국 내 약 4,500개의 커뮤니티 은행을 대표하는 ICBA ThinkTECH Accelerator 프로그램 졸업생입니다. 이번 파트너십은 지난 12개월 동안 고객의 8%가 P2P 사기 피해를 보고하는 등 증가하는 P2P 결제 사기 문제를 해결하는 것을 목표로 합니다.
Trust Stamp (NASDAQ : IDAI) a annoncé un partenariat stratégique avec Neural Payments pour renforcer la sécurité dans le secteur des paiements P2P. Cette collaboration intègre la plateforme d'orchestration low-code de Trust Stamp avec les solutions de paiement P2P en temps réel de Neural Payments, offrant une vérification d'identité avancée pour les processus KYC et une authentification des paiements basée sur les selfies.
Ce partenariat intervient alors que le marché mondial des paiements P2P devrait atteindre 3,63 billions de dollars en 2025 et croître jusqu'à 16,21 billions de dollars d'ici 2034, avec un taux de croissance annuel composé (CAGR) de 18,10 %. Neural Payments dessert actuellement près de 80 institutions financières, et l'intégration mettra en œuvre la technologie Irreversibly Transformed Identity Tokens (IT2) de Trust Stamp, éliminant ainsi le besoin des méthodes d'authentification traditionnelles comme les codes SMS ou les applications d'authentification.
Les deux entreprises sont diplômées du programme ICBA ThinkTECH Accelerator, qui représente près de 4 500 banques communautaires aux États-Unis. Ce partenariat vise à répondre à la préoccupation croissante liée à la fraude dans les paiements P2P, 8 % des clients bancaires ayant déclaré avoir été victimes d'escroqueries P2P au cours des 12 derniers mois.
Trust Stamp (NASDAQ: IDAI) hat eine strategische Partnerschaft mit Neural Payments angekündigt, um die Sicherheit im P2P-Zahlungssektor zu verbessern. Die Zusammenarbeit integriert die Low-Code-Orchestrierungsplattform von Trust Stamp mit den Echtzeit-P2P-Zahlungslösungen von Neural Payments und bietet fortschrittliche Identitätsprüfungen für KYC-Prozesse sowie selfie-basierte Zahlungsauthentifizierung.
Die Partnerschaft kommt zu einem Zeitpunkt, an dem der globale P2P-Zahlungsmarkt voraussichtlich 3,63 Billionen US-Dollar im Jahr 2025 erreichen und bis 2034 auf 16,21 Billionen US-Dollar wachsen wird, mit einer jährlichen Wachstumsrate (CAGR) von 18,10 %. Neural Payments bedient derzeit fast 80 Finanzinstitute, und die Integration wird die Irreversibly Transformed Identity Tokens (IT2)-Technologie von Trust Stamp implementieren, wodurch traditionelle Authentifizierungsmethoden wie SMS-Codes oder Authentifikator-Apps überflüssig werden.
Beide Unternehmen sind Absolventen des ICBA ThinkTECH Accelerator-Programms, das fast 4.500 Community-Banken in den USA repräsentiert. Die Partnerschaft zielt darauf ab, der wachsenden Sorge um P2P-Zahlungsbetrug entgegenzuwirken, da 8 % der Bankkunden in den letzten 12 Monaten Opfer von P2P-Betrug wurden.
- Partnership addresses growing P2P payment fraud concerns in a $3.63 trillion market
- Neural Payments serves nearly 80 financial institutions, providing immediate market access
- Integration eliminates need for less secure authentication methods like SMS codes
- Market projected to grow at 18.10% CAGR to reach $16.21 trillion by 2034
- 8% of banking customers reported P2P scam victimization in the past year
- Increasing threat from fraudsters using generative AI and social engineering
Insights
Trust Stamp's partnership with Neural Payments introduces biometric security to P2P transactions, addressing critical fraud issues in a rapidly growing market.
This partnership between Trust Stamp and Neural Payments represents a strategic move to address a significant pain point in the P2P payment ecosystem. With
The implementation of Trust Stamp's Orchestration Platform into Neural Payments' system introduces sophisticated biometric verification through their Irreversibly Transformed Identity Tokens (IT2) technology. This approach solves two critical challenges simultaneously: enhancing security while reducing friction. By replacing vulnerable authentication methods like SMS codes with selfie verification, they're addressing one of the primary attack vectors used by fraudsters.
Neural Payments' existing relationship with nearly 80 financial institutions provides Trust Stamp with immediate distribution channels into the banking sector. This gives Trust Stamp access to the community banking market through Neural's connections to the Independent Community Bankers of America (ICBA) network of nearly 4,500 community banks.
The timing is particularly strategic, as the P2P payment market is projected to reach
With
Atlanta, GA, June 30, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI) today announced a partnership with Neural Payments for the integration of Trust Stamp’s low-code Orchestration Platform. Neural Payments provides banks and credit unions with real-time person-to-person (P2P) payments, advanced fraud prevention, and flexible disbursement solutions. This integration provides robust Identity Verification for Know Your Customer (KYC) processes and selfie-based reauthentication for payments.
With the proliferation of popular P2P apps like PayPal, Venmo, Cash App, and Zelle, the global P2P payment market size is projected to hit USD 3.63 trillion this year and reach USD 16.21 trillion by 2034, growing at a CAGR of
Andrew Gowasack, Trust Stamp’s President, commented, "I am excited to partner with Neural Payments to bring our AI-powered technology to the payment sector. Neural Payments has taken a proactive approach by enabling users to enroll using their face and government ID document, then to approve future payments with a selfie. Rather than storing sensitive biometric information, selfies are converted into Irreversibly Transformed Identity Tokens (IT2) which can be compared to future IT2. There is no need for callbacks, insecure one-time passcodes sent via SMS or email, or authenticator apps. Approving a payment is as easy as taking a selfie!”
Andrew Gowasack added, “Neural Payments already serves nearly 80 financial institutions, bringing the highest levels of security while removing friction for both payee and recipient. The Neural Payments team brings significant payments experience and top-tier technology. Financial institutions now have the convenience of security through Neural Payments, along with the strength of Trust Stamp’s identity fraud detection.”
Mick Oppy, founder and CEO of Neural Payments, commented, “At Neural Payments, we’re committed to making it easier and safer for banks and credit unions to offer the P2P experiences their customers demand. Fraud mitigation is no longer a passive issue for financial institutions - it’s a top concern that requires real-time and preemptive action. By integrating Trust Stamp’s cutting-edge identity verification directly into the payment flow, we’re equipping financial institutions with the tools to reduce fraud, streamline authentication, and keep their customers’ money and trust exactly where it belongs. With Trust Stamp, we're signaling our commitment to both our customers and our 2025 growth aspirations as we push towards becoming the FinTech of choice for P2P payments."
Both Trust Stamp and Neural Payments are graduates of the Independent Community Bankers of America (ICBA) ThinkTECH Accelerator. ICBA exclusively represents the nation’s nearly 4,500 community banks in the United States through its advocacy, education, and innovation pillars.
“Partnerships like this fulfill the promise of ICBA’s ThinkTECH Accelerator to drive innovation that addresses our industry’s most pressing challenges and opportunities,” said Charles Potts, ICBA executive vice president and chief innovation officer. “By combining advanced identity verification with seamless real-time payments, Trust Stamp and Neural Payments are delivering a solution tailored to community bank priorities—strengthening security, simplifying compliance, and elevating the customer experience.”
To learn more about the capabilities of Neural Payments, visit https://neuralpayments.com/solutions.
Enquiries
Trust Stamp - Email: Shareholders@truststamp.ai
Andrew Gowasack, President: agowasack@truststamp.ai
About Trust Stamp
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 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.
Located across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).
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FAQ
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