Wire transfer fraud is growing fast—and it’s costing banks millions. 💸 Not only are funds lost, but so is customer trust, with irreversible transfers making recovery almost impossible. 🚫💰 Secure practices for exchanging wire transfer information are essential to protect everyone involved. 🛡 Our latest blog post explores 6 best practices for safeguarding wire transfers. 👉 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲: https://lnkd.in/e7s2s9QY #fraudprevention #banking #fintech #wirefraud #cybersecurity
Trust Stamp
Software Development
Atlanta, Georgia 5,207 followers
AI-powered identity solutions intersecting biometrics, privacy & cybersecurity (Nasdaq: IDAI, Euronext Growth: AIID ID)
About us
Trust Stamp 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. Our technology empowers organisations with biometric identity solutions that reduce fraud, protect personal data privacy, increase operational efficiency and reach a broader base of users worldwide through unique data transformation and comparison capabilities.
- Website
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https://truststamp.ai/
External link for Trust Stamp
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Atlanta, Georgia
- Type
- Public Company
- Founded
- 2015
- Specialties
- Identity Verification, Cybersecurity, Facial Biometrics, Artificial Intelligence, Cryptography, and Fintech
Locations
Employees at Trust Stamp
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Kinny Chan
Ensuring Privacy and Security in Digital Identity | Driving Growth and Turnaround in SaaS & Tech Strategist | Expert in Go-to-Market, MEDDIC, Sales…
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Scott Francis
Please do not send unsolicited sales requests
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Berta Pappenheim
Cyber Innovation Lead | Founder | Board Member
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Reuben Farrugia
Senior Vice President of Research and Development @ Trust Stamp | PhD in Image Processing
Updates
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🇺🇸 On this Veteran’s Day, Trust Stamp honors the courage, dedication, and sacrifice of our military veterans. Today, we salute the men and women who have served to protect our freedoms and uphold the values that make our nation strong. #veteransday #veterans
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Wire transfers are a go-to for high-stakes transactions—real estate closings, legal settlements, and business acquisitions. 💸 But their speed and convenience come at a cost: these transactions are prime targets for fraud, especially through business email compromise (BEC) and social engineering. ⚠️ Secure practices for exchanging wire transfer information are essential to protect everyone involved. 🛡 To help you reduce the risk, we’ve compiled the top best practices for safeguarding wire transfers: 👉 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲: https://lnkd.in/e7s2s9QY #fraudprevention #banking #fintech #wirefraud #cybersecurity
Best Practices for Exchanging Wire Transfer Information Securely
blogs.truststamp.ai
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Trust Stamp reposted this
We are on! 🇸🇬 Yesterday we officially kicked off our week at Singapore FinTech Festival 2024! Together with the Nordic Fintech Delegation, we had a blast connecting with all the amazing companies present ⭐ We also hosted a Fintech Showcase session with BNY, hoping to facilitate future partnerships between attending organizations! 🤝 Meet the delegation 👀 Aleta – a next-generation wealth platform, Centiglobe, Danish Industry, Deedster, Doerscircle, Doconomy, Partisia, PixelPai, PLX AI, Sydbank, Trust Stamp, United Fintech & ZTL 🙌 Stay tuned for our journey in the Singaporean Fintech Ecosystem 🤩
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Are you concerned about the security risks of storing sensitive biometric data in the cloud? 🌩️ Cloud-stored biometrics open doors to breaches, putting your reputation—and customer trust—at risk.⚠️ With Trust Stamp's Stable IT2 technology, your customers’ biometric data 𝙣𝙚𝙫𝙚𝙧 leaves the user's device—eliminating exposure and ensuring total privacy.🔒 👉 𝗟𝗲𝗮𝗿𝗻 𝗵𝗼𝘄 𝗼𝘂𝗿 𝗽𝗿𝗶𝘃𝗮𝗰𝘆-𝗳𝗶𝗿𝘀𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗽𝘂𝘁𝘀 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗯𝗮𝗰𝗸 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗰𝗼𝗻𝘁𝗿𝗼𝗹: https://lnkd.in/d26n8sFX #biometrics #privacy #decentralizedidentity
Trust Stamp's AI-Powered Stable IT2 Technology Whitepaper
resources.truststamp.ai
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Trust Stamp reposted this
Join Trust Stamp for an Exclusive Fintech Breakfast on Digital Identity! 🎙️🚀 Jonathan Patscheider and Ajmir Safi will be at the Singapore FinTech Festival (Nov 6-8). As part of the event, we're co-hosting a special side event with Partisia and Copenhagen Fintech. 𝗘𝘃𝗲𝗻𝘁 𝗧𝗵𝗲𝗺𝗲: The Digital Identity Revolution: Self-Sovereign Identity and Cross-Regional Collaborations. Discover how Self-Sovereign Identity is reshaping privacy, security, and user empowerment across Asia and Europe. We’ll discuss the collaboration needed to set new global standards for data privacy and sovereignty. 📆 𝗪𝗵𝗲𝗻: November 7th, 8:30 AM - 10:00 AM 📍𝗪𝗵𝗲𝗿𝗲: BNY Mellon Innovation Centre, Singapore 𝗦𝗶𝗴𝗻 𝘂𝗽 𝗵𝗲𝗿𝗲 𝘄𝗶𝘁𝗵 𝗰𝗼𝗱𝗲 "𝗙𝗜𝗡𝗧𝗘𝗖𝗛": https://lnkd.in/dti6Tsf6 Enjoy coffee, a light breakfast, and insights into the future of digital identity! #fintechweek #fintechfestival #digitalidentity #dataprivacy
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Wire transfer fraud is growing fast—and it’s costing banks millions. 💸 Not only are funds lost, but so is customer trust, with irreversible transfers making recovery almost impossible. 🚫💰 🔒 Trust Stamp's Stable IT2 technology is an advanced multifactor authentication solution designed to help you prevent these losses. 💡 By combining 𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗶𝗼𝗻 (📱), 𝗯𝗶𝗼𝗺𝗲𝘁𝗿𝗶𝗰 (👁️), 𝗮𝗻𝗱 𝗼𝗽𝘁𝗶𝗼𝗻𝗮𝗹 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 (🔐) 𝗳𝗮𝗰𝘁𝗼𝗿𝘀, Stable IT2 offers a powerful, privacy-preserving defense against wire fraud. 👉 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝘁𝗼𝗱𝗮𝘆: https://lnkd.in/eqQFHQa6 #fraudprevention #banking #fintech #wirefraud #cybersecurity
Trust Stamp's Wire Fraud White paper
resources.truststamp.ai
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Join Trust Stamp for an Exclusive Fintech Breakfast on Digital Identity! 🎙️🚀 Jonathan Patscheider and Ajmir Safi will be at the Singapore FinTech Festival (Nov 6-8). As part of the event, we're co-hosting a special side event with Partisia and Copenhagen Fintech. 𝗘𝘃𝗲𝗻𝘁 𝗧𝗵𝗲𝗺𝗲: The Digital Identity Revolution: Self-Sovereign Identity and Cross-Regional Collaborations. Discover how Self-Sovereign Identity is reshaping privacy, security, and user empowerment across Asia and Europe. We’ll discuss the collaboration needed to set new global standards for data privacy and sovereignty. 📆 𝗪𝗵𝗲𝗻: November 7th, 8:30 AM - 10:00 AM 📍𝗪𝗵𝗲𝗿𝗲: BNY Mellon Innovation Centre, Singapore 𝗦𝗶𝗴𝗻 𝘂𝗽 𝗵𝗲𝗿𝗲 𝘄𝗶𝘁𝗵 𝗰𝗼𝗱𝗲 "𝗙𝗜𝗡𝗧𝗘𝗖𝗛": https://lnkd.in/dti6Tsf6 Enjoy coffee, a light breakfast, and insights into the future of digital identity! #fintechweek #fintechfestival #digitalidentity #dataprivacy
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Trust Stamp reposted this
🔒 Your account is only as secure as its recovery process. With Trust Stamp’s Stable IT2, recovery is never a single point of failure. 𝗕𝗶𝗼𝗺𝗲𝘁𝗿𝗶𝗰 𝗮𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰𝗮𝘁𝗶𝗼𝗻 + 𝗽𝗮𝘀𝘀𝗸𝗲𝘆 means even account recovery requires two factors for ultimate security 🛡️. 👉 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲: https://lnkd.in/eB4Vhuwj #cybersecurity #identityverification #accountrecovery #biometrics #fraudprevention
Secure Authentication Is Only As Strong As Account Recovery
blogs.truststamp.ai
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Trust Stamp reposted this
Trust Stamp is thrilled to announce that we have secured funding from Xjenza through the Fusion Lite programme to enhance our groundbreaking solution Stable IT2. This project focuses on creating stable key utilizing face and palm biometrics. Learn more about this exciting development here: https://lnkd.in/d5fEBJ8c
Trust Stamp Launches Biometric Secure Module Project with Contactless Palm Authentication
proactiveinvestors.com.au