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Business

Revolutionising Identity Services Using AI

Revolutionising Identity Services Using AI

The world of identity verification is undergoing a revolutionary transformation, thanks to the innovative efforts of Trust Stamp, a global provider of AI-powered identity services. Co-founded by Gareth Genner and Andrew Gowsack, Trust Stamp has made significant strides in the field of online identity verification, leveraging cutting-edge technology to enhance trust and security across various sectors.

Gareth Genner, the Co-Founder and CEO of Trust Stamp, is an alumnus of the ‘NCSC for Startups’ program, a collaborative initiative involving Plexal, Deloitte, CyNam, Hub 8, and QA. In a recent discussion, Gareth shed light on Trust Stamp’s journey, from its inception to its remarkable achievements in the realm of identity services.

Trust Stamp’s inception can be traced back to Gareth’s exploration of trust dynamics and the development of a trust score concept. Together with his co-founder, Andrew Gowsack, Gareth ventured into various business ideas, eventually laying the foundation for Trust Stamp in 2016. The company quickly gained traction, securing a global startup award and over $110,000 in funding, a testament to the potential of its innovative technology.

Trust Stamp’s AI-powered solution has redefined online identity verification, catering to diverse sectors including banking, government, real estate, and humanitarian services. By harnessing data mining and biometric science, Trust Stamp’s technology delivers accurate identity and trust predictions while effectively thwarting malicious attempts, setting new benchmarks in the industry.

Following their participation in the NCSC program, Trust Stamp has achieved remarkable growth, with $3.68 million in net sales in 2021 and over $30 million in funding. The company has also amassed an impressive portfolio of 23 patents, a testament to its commitment to innovation and technological advancement.

Gareth Genner attributes Trust Stamp’s success to the invaluable support and expertise provided by the NCSC program, emphasizing the tremendous value it has contributed to their journey. The program’s wealth of expertise has been instrumental in shaping Trust Stamp’s trajectory, fostering ongoing engagement within the NCSC For Startups alumni community.

Today, Trust Stamp boasts a dedicated team of over 100 professionals worldwide, driving the company’s mission to revolutionize identity services using AI. With a focus on enhancing trust, security, and reliability, Trust Stamp continues to chart new territories in the realm of identity verification, cementing its position as a trailblazer in the industry.

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