Trust Stamp, an Atlanta, GA-based AI powered authentication services company, received a strategic investment from Mastercard (NYSE: MA).
The amount of the deal was not disclosed.
Led by CEO Gareth N. Genner, Trust Stamp applies advanced cryptographic techniques and AI-powered presentation-attack detection tools to biometric and other identity data to create a proprietary non-PII Hash™ (EgHash™). An EgHash provides a tokenized identity that cannot be reverse engineered, can be matched and deduplicated using Trust Stamp’s probabilistic AI, and verified via zero-knowledge-proofs. The company’s technology is used in multiple verticals, including humanitarian and development services, banking, FinTech, KYC / AML compliance, real estate, and law enforcement.
Trust Stamp, a graduate of the 2018 Mastercard Start Path accelerator program, is headquartered in the Advanced Technology Development Center (ATDC) at the Georgia Institute of Technology.