While there is an accelerating move to biometric authentication, with an estimated $2 Trillion per annum in mobile transactions being authenticated by biometrics by 2023, financial institutions that are using biometrics are sitting on a time-bomb. Hacks and leaks of personal data used in knowledge-based authentication are damaging and inconvenient to both the institution and the customer, but the loss of biometric data (whether original captures or templates) will be catastrophic. You cannot change your biometrics!

Trust Stamp takes biometric and other identifying data from any source and irreversibly transforms it into an anonymized hash that cannot be used to identify the customer other than by using Trust Stamp’s patented probabilistic AI. This allows institutions to store and share identity-related data that can be used to match and deduplicate identity while complying with regulatory mandates and protecting the customer and the institution from hacks and leaks.

Trust Stamp’...
While there is an accelerating move to biometric authentication, with an estimated $2 Trillion per annum in mobile transactions being authenticated by biometrics by 2023, financial institutions that are using biometrics are sitting on a time-bomb. Hacks and leaks of personal data used in knowledge-based authentication are damaging and inconvenient to both the institution and the customer, but the loss of biometric data (whether original captures or templates) will be catastrophic. You cannot change your biometrics!

Trust Stamp takes biometric and other identifying data from any source and irreversibly transforms it into an anonymized hash that cannot be used to identify the customer other than by using Trust Stamp’s patented probabilistic AI. This allows institutions to store and share identity-related data that can be used to match and deduplicate identity while complying with regulatory mandates and protecting the customer and the institution from hacks and leaks.

Trust Stamp’s technology identifies identity fraud that passes siloed biometric authentication, will work with any biometric modality and can break modality and vendor lock-in. In addition, Trust Stamp’s Identity Lake and Zero-Knowledge-Proofs can permit safe and compliant inter-institution data sharing.
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Investors

Frank Hanna
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Barbara Genner
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Barbara Genner
Atlanta BridgeCommunity - 2017
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Atlanta BridgeCommunity - 2017 A Commercialization Program for Startups. Founded by Coca-Cola.
Founders Space Ventures
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Founders Space Ventures Funding the Future
Village Verified
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Village Verified Atlanta Tech Village's Elite Startups

Advisors

Mike Battersby
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Mike Battersby President Truststamp Fintech Europe Ltd, Digital Identity, AI, Biometric Tech.

Employees

John Bridge, CCCI, CFCI
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Nisha Naik
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Nisha Naik Marketing Director
Sovan WD
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Sovan WD Front-End Developer

Recommendations

Tommy Marshall Advisor at Viva Finance

Trust Stamp is a remarkable member of the Georgia Tech Advanced Technology Center (ATDC) fintech incubator. This company is one of only nine companies in the top tier of our incubator program. I have been fortunate to know this company and its founders since the company was created and the reception of their technology in the financial services marketplace both in the USA and in the EU is exciting.

The Trust Stamp team has been able to obtain partnerships with some of the largest participants in the financial services landscape due largely to the unique capability of their technology and the strong business need to secure biometric identifying data.

Dan Roselli Advisor at Dyme.co

The Trust Stamp team, Gareth and Andrew, came through class 6 of the QueenCity Fintech Accelerator program. They were selected from an applicate pool of over 200 and in their class of 10, really stood out for the traction they gained during the program and deal they inked with one of our Fortune 1000 sponsors.

The team came in with a great concept but also adjusted extremely well to the in market feedback they received to the place that they are now with exceptional market product fit and validation. The team has raised follow on funding and continues to build out the team and position themselves for continued growth.

Trust Stamp has become of the best success stories as Alumni of the QueenCity Fintech program. Their get it done attitude in combination with an ability to listen and take feedback from advisors it one of the best we have seen in a founding team. We think that they are position for breakout success in the next year.

Tyler Thompson Partner at Second Century Ventures

Trust Stamp was one of the most engaged and well-received members of the 2016 REach cohort. They consistently impressed our mentors with their innovativeness and willingness to take direction. Further, both Andrew and Gareth were personally key to the successful class dynamic.

Since graduating, the Trust Stamp team has proven that they can collaborate with organizations ranging from startups to industry leaders. They have continuously contributed to the REach accelerator (now being mentors themselves) and they've become one of our highest valued portfolio companies.

Let me know if we can answer any additional questions.

Tyler Thompson
Partner, Second Century Ventures and NAR REach Accelerator
tthompson@secondcenturyventures.com

Dave Garland Partner at Second Century Ventures

The Trust Stamp technology is a game-changer in the identity and trust as a service space. By empowering trust in the B2C, peer-to-peer and sharing economies, this talented team is poised to solve some of the biggest security challenges across a myriad of industries including real estate, banking, insurance and health care. In the real estate vertical alone, and as part of the 2016 REach® Accelerator class, Trust Stamp has delivered custom Realtor® applications that enhance the safety and well being of practitioners across the country.