T Stamp Inc. (IDAI)
NASDAQ (CM) NASDAQ (CM) Primary 
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.
Trust Stamp and Botdoc address digital fraud in auto industry – ICYMI
Earlier this week T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) struck a new partnership with Botdoc to integrate its low-code Orchestration Platform within Botdoc's Connect product. In this interview with Proactive, Trust Stamp president Andrew Gowasack discussed the company's new partnership, aimed at combating the 98% rise in synthetic identity fraud in the automotive industry.
Trust Stamp partners with Botdoc to enhance identity verification
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) said it has struck a new partnership with Botdoc to integrate its low-code Orchestration Platform within Botdoc's Connect product. The partnership enhances Know Your Customer (KYC) processes by integrating Trust Stamp's advanced identity verification technology into Botdoc's Connect product, improving accuracy and security in verifying customer identities and documents.
Trust Stamp signs letter of intent with Qenta for strategic alliance
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced it has signed a non-binding Letter of Intent with Quenta for a strategic alliance to serve a network of crypto, banking and other financial services companies. Investors welcomed the news, with Trust Stamp shares adding 11.4% at US$0.52 in early trade on Thursday.
Trust Stamp adds to AI-powered patented tech portfolio
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) said it has filed its 37th patent to add to its suite of patents for AI-powered technologies. Its latest patent application focuses on innovations in Zero Knowledge Proof technology, while recent filings address AI-powered injection attacks and age estimation improvements.
Trust Stamp onboards 21 new customers, expands global reach in H1 2024
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) said it has onboarded 21 new customers to its low-code Orchestration Layer platform in the first half of 2024, bringing the total to 69. "We have made tremendous progress building our business in 2024," said Trust Stamp president Andrew Gowasack.
