T Stamp Inc. (IDAI)
NASDAQ (CM) NASDAQ (CM) Primary 
Trust Stamp secures patent allowance for interoperable biometric security framework
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced that the United States Patent and Trademark Office has allowed its patent application for the "Interoperable Biometric Representation" framework, an innovation that enhances privacy and security while addressing a major challenge in biometric interoperability. Biometric identification and verification are widely used, but differences in proprietary data formats prevent seamless compatibility across systems, limiting adoption and locking users into specific vendors, the company noted in a statement.
Trust Stamp partners with Digital Platformer to enhance security in financial services
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, has announced a strategic partnership with Digital Platformer to strengthen security and privacy in digital identity and financial services. The companies have signed a Memorandum of Understanding (MOU) and intend to formalize their collaboration with a definitive agreement for shared services.
Trust Stamp forges strategic partnership with Qenta for AI-powered identity solutions
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), dba Trust Stamp, struck a new partnership with Qenta Inc to create an identity and asset ecosystem designed to resist threats. The partnership with Qenta involves a new subsidiary, QID Technologies LLC, in which Trust Stamp will hold a 10% equity stake.
Trust Stamp CEO highlights reverse stock split as key step toward growth
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), dba Trust Stamp CEO Gareth Genner announced told shareholders it is moving forward with a reverse stock split to position the company for broader investment opportunities. The reverse split, effective for trading on January 6, 2025, was approved by an overwhelming 96% of shareholders in November.
Trust Stamp announces reverse stock split
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), dba Trust Stamp, said on Thursday that a reverse stock split of its shares will take effect at the market open on January 6. The split, approved by the company's board of directors and shareholders, will occur at a 1-for-15 ratio.
Trust Stamp unveils registered direct offering
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, has announced a $3 million registered direct offering through a securities purchase agreement with a single institutional investor. The offering includes 5,555,548 shares of common stock, or pre-funded warrants in lieu, at $0.54 per share.
Trust Stamp to enhance biometric cryptosystem with contactless palm recognition
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced the launch of a research initiative called the Biometric Secure Module (BSM) to enhance its biometric cryptosystem Stable IT2 to include contactless palm authentication. The 18-month project, starting on November 1, 2024, is supported by Xjenza Malta through the FUSION: R&I Technology Development Programme Lite.
Trust Stamp secures patent for Personal Identifiable Information Encoder
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced that it has been issued a US Patent covering the invention of a Personal Identifiable Information Encoder. Trust Stamp CEO Gareth Genner highlighted data protection and privacy should be “non-negotiable” for any enterprise or government agency storing or processing personal identifiable information (PII).
Trust Stamp to raise $2M through direct offering and private placement
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp), the AI-powered identity software provider, announced on Tuesday that it has entered into a securities purchase agreement with an institutional investor to raise approximately $2 million through a combination of a registered direct offering and a private placement. The company will issue over 1.4 million shares of common stock, or pre-funded warrants in lieu thereof, at an offering price of $0.3223 per share.
Trust Stamp narrows net loss as revenue and customer enrollments grow
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, reported higher revenue for the six-month period ending June 30, 2024, as it saw a 100% year-over-year increase in enrolled customers. The company had 62 financial institutions enrolled on their SaaS Orchestration Layer compared to 31 financial institutions as of June 30, 2023.
IDAI Stock Alert: Why Is AI Player Trust Stamp Surging Today?
Trust Stamp (NASDAQ: IDAI ) stock is taking off on Wednesday after the artificial intelligence ( AI ) company announced a new license agreement for its computer vision and AI technologies. Trust Stamp has reached an agreement with Boumarang for the use of its computer vision and AI tech in hydrogen-powered UAV systems.
Trust Stamp shares skyrocket on $5M license deal with drone firm Boumarang
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, has announced a strategic implementation with drone technology and hydrogen power solutions provider Boumarang. Trust Stamp has granted Boumarang a non-exclusive license to use its computer vision and other patented AI-powered technologies with its hydrogen-powered drones for a $5 million one-time license fee.
