Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) has partnered with IdRamp, a decentralized identity orchestration product provider, the company announced.
Together, the two companies are expected to launch a new biometric multi-factor authentication (MFA) offering that can be augmented with a range of access management, social sign-on and bring-your-own identity services, all through IdRamp’s no-code platform.
Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID)’s advanced biometric tokenization technology streamlines trust assurance with a simple selfie, the company said. The company’s Biometric MFA offers a powerful addition to authentication processes at all levels of risk, from standard account access to financial transaction authentication.
READ: Trust Stamp partners with letus to bring its privacy-first biometric technology to the real estate sector
IdRamp delivers dynamic zero-trust identity orchestration through passwordless credentials on a no-code basis. This allows organizations to leverage identity solutions across providers from one location, enabling rapid custom implementation of robust multi-factor authentication flows, the company said.
“Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID)’s biometric authentication and tokenization technology delivered through IdRamp’s platform fills a pressing market need for robust security, flexibility, and speed in establishing trust,” Trust Stamp Chief Commercial Officer Kinny Chan said in a statement. “This partnership expands the reach of our biometric technology to deliver meaningful value to IdRamp’s impressive client base. With a shared focus on data privacy, protection, security, and usability, we look forward to our continued strategic work with the IdRamp team.”
Chan continued, “IdRamp uniquely complements Trust Stamp’s own Biometric MFA and custom end-to-end identity workflow solutions with a platform that enables frictionless migration between identity providers.”
IdRamp CEO Mike Vesey echoed the transformative potential of the partnership.
“Combined with IdRamp’s decentralized orchestration platform, Trust Stamp will plug and play into any combination of multi-cloud, multi-IDP, and even Web3.0 environments,” Vesey said. “This powerful combination provides unmatched agility and superior zero trust fraud protection for any digital ecosystem. zero code, no passwords, and no expensive, slow-moving migrations required.”
Based in Atlanta, Trust Stamp is a provider of AI-powered identity services for a range of sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
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