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Trust Stamp and Partisia partner on privacy-first biometric identity solution
Proactiveinvestors NA· 2025-05-15 13:23
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]
Partisia and Trust Stamp partner to make digital IDs safer and more private by securely linking them to unique biometrics
Globenewswire· 2025-05-15 10:55
Core Viewpoint - Trust Stamp and Partisia have formed a strategic partnership to enhance digital security and privacy through a new biometric holder binding solution, aiming to provide a reliable method for identity verification across various digital platforms [1][2][5]. Company Overview - Trust Stamp is a global provider of AI-powered services across multiple sectors, including banking, finance, regulatory compliance, government, healthcare, and real estate, focusing on reducing fraud and enhancing data security [7]. - Partisia specializes in Multi-Party Computation technology, aiming to create a future where data privacy drives progress without compromising security [6]. Partnership Details - The collaboration combines Trust Stamp's biometric technology with Partisia's privacy-preserving data solutions, creating a simplified and privacy-centric method for linking digital credentials to biometric data [2][3]. - The joint solution ensures that biometric data remains under user control, eliminating the need for centralized databases and traditional templates, thus enhancing user privacy [3]. Technological Innovations - The partnership leverages the Global Omnichain Data Service (GODS) Network, facilitating trustworthy data representation across various ecosystems, including finance and Web3 platforms [4]. - The solution aims to streamline onboarding processes and reduce the exposure of personal data by allowing verified identities to be reused across multiple platforms [4]. Industry Impact - The collaboration addresses the need for modernized identity systems in sectors like banking and healthcare, focusing on advanced biometric authentication and decentralized technology to mitigate fraud risks and ensure compliance [5]. - The partnership emphasizes the importance of establishing trust in digital identity while maintaining robust privacy standards and user-friendly experiences [5].