Trust Stamp Joins the NayaOne Tech Marketplace

Trust Stamp Joins the NayaOne Tech Marketplace
Trust Stamp has joined the NayaOne Tech Marketplace. It helps banks and financial institutions combat fraud, retain customers, and reach a broader user base with AI-powered identity solutions. They leverage Trust Stamp’s unique and patented tokenisation technology that converts biometric data into anonymised tokens.
NayaOne's Sandbox-as-a-Service platform provides financial institutions with the ability to build, test, and create unique solutions to the complex problems faced by banks and fintechs. Trust Stamp’s technology is delivered through a set of micro-services, which is suited to NayaOne’s platform and delivery, giving institutions flexibility in creating solutions. We are looking forward to co-creating with NayaOne and its customer base.
Andrew Gowasack, President, TrustStamp
Andrew Gowasack
President, TrustStamp
We’re excited to welcome TrustStamp to the NayaOne Tech Marketplace. Banks and financial institutions are increasingly threatened by sophisticated fraud schemes, which exploit vulnerabilities through tactics like phishing, social engineering, and advanced digital forgery. These challenges require the evolution of fraud detection and prevention strategies, investment in cutting-edge technologies such as AI and biometric authentication, and the prioritisation of robust compliance and data privacy measures.
Varun Resh
Marketplace Manager, NayaOne
Banks face increasing threats from sophisticated fraud schemes, including wire fraud and synthetic identity fraud. These schemes exploit vulnerabilities in financial systems and often involve complex tactics such as phishing, social engineering, and advanced digital forgery techniques.
As fraudsters become more adept at circumventing traditional security measures, prioritising robust fraud prevention is crucial to protect customers, safeguard assets, and maintain trust in the banking system.
Therefore, banks must continuously evolve their fraud detection and prevention strategies and invest in cutting-edge technologies.
Trust Stamp helps them:
By prioritising solutions that address fraud, compliance, customer experience, and data privacy, banks can mitigate risks, enhance security postures, streamline operations, and deliver superior services. This can drive competitiveness and profitability in the rapidly evolving financial sector.

Benefits that Banks and Financial Institutions Can Enjoy with Trust Stamp

Aiding a Major S&P 500 Bank Boost Account Security and Increase Customer Acquisitions

A major S&P 500 bank is leveraging Trust Stamp’s solutions to speed up account recovery, approve previously denied applications, increase new customer acquisitions, and enhance deposits. As a result, the bank was able to achieve robust security and user-friendly verification.
In addition, Trust Stamp’s IT2 technology is being implemented by Mastercard for Humanitarian & Development purposes. It’s a core element of Mastercard’s Community Pass and Inclusive Identity offerings.
Use cases include financial services for individuals and businesses. However, Trust Stamp’s solutions also empower people and communities to meet basic needs, such as nutritious food, clean water, housing, education, and healthcare.
NayaOne’s Digital Sandbox platform allows financial institutions to effortlessly discover and evaluate Trust Stamp’s easily integrated identity solutions. It also provides a safe and disconnected environment to rapidly prototype, test, and deploy innovative applications incorporating biometrics, identity proofing, and data privacy safeguards with minimal development effort. Enterprises have access to synthetic datasets, tech marketplace, and a digital sandbox, allowing them to scale third-party technologies to production, as well as to build functional proofs-of-concepts in 4-6 weeks rather than 9-12 months without onboarding the fintech.
Discoverable through NayaOne’s Fintech Marketplace, Trust Stamp’s advanced identity technologies provide a powerful asset for banks and fintechs to drive digital transformation, enhance security and compliance postures, and deliver superior customer experiences, while fostering innovation in identity management, data privacy, and supports NayaOne’s mission to enable and facilitate bank-fintech partnerships.
Trust Stamp logo
Trust Stamp is a privacy-first identity company that enables enterprises to authenticate user identities while protecting user privacy. Trust Stamp’s technology enables institutions to mitigate fraud, retain customers, and reach a broader base of users worldwide with AI-powered identity solutions which sit at the intersection of biometrics, privacy, and cybersecurity.

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