A creditor’s obligation to assess the creditworthiness of a consumer
by Ganado Advocates
23rd April 2024
by FinanceMalta
8th July 2021
Trust Stamp creates transformational technology that accelerates secure societal and financial inclusion through widely accessible, privacy-preserving identity solutions that reduce fraud, improve user experience and promote global financial opportunity. Our core technology irreversibly transforms sensitive data to maximise privacy and utility, allowing organisations to protect themselves and their users with secure, efficient, and interoperable identity systems, anywhere in the world, online and offline. For banks and fintech, we provide low friction, secure, and efficient onboarding, KYC/AML, and account access tools while deterring and reducing stolen & synthetic identity and other frauds.
We are currently located in seven countries across North America, Europe, Asia, and Africa, and trade on the OTCQX Best Market in the US and Euronext Growth in Dublin. Trust Stamp was founded in 2016 and now has an 80-person team with strong technical expertise in AI, biometrics, data science, and software engineering, along with extensive experience in leadership, corporate development, and international business.
Our core culture is that nothing is impossible – we have an unofficial motto “if it does not contravene the laws of Physics as we know them today, it is simply a question of time and resources”. The more folksy Americana version is “the horse might talk”, but you will have to ask me to explain that in person!
The demand for secure, low-friction identity solutions has massively grown alongside addressable needs, with virtual interactions becoming the norm in banking, payments, healthcare, and more. Our core technology is well-positioned to underpin secure digital operations with proven cross-industry success, and we now aim to penetrate the market further. One key component to this organic commercial growth involves expanding the reach of our technology through channel partnerships.
In parallel, our progress throughout 2020 and 2021 has opened great opportunities for growth through acquisition. Trust Stamp made its first acquisition as a publicly listed company earlier this year, and the strategic rationale for such transactions remains strong. Our innovative IP portfolio provides targeted solutions with a multi-faceted approach to establishing secure, compliant and comprehensive identity and risk management systems. Strategic acquisitions further our ability to address clients’ needs in-house and expand the capabilities of our products and team.
I am incredibly proud of our team’s resilience in addressing cross-industry needs that were highlighted as a result of the pandemic but will ultimately persist into the “new normal”. We pivoted efforts towards adapting our core technology to address needs in previously peripheral verticals including travel and healthcare, and we are now pursuing opportunities to launch proof of concept and pilot projects in partnership with commercial entities and government organisations around the world.
Malta’s location, EU membership, and strategic relationship with countries in Africa support our goal of promoting financial inclusion with access to emerging markets and globally innovative partners. The country has a long-term commitment to working with a number of African governments, and there are tremendous opportunities for us to partner with both the government of Malta and other Maltese enterprises.
Malta’s commitment to grow the technology industry makes it a great environment to innovate alongside like-minded organisations, while working closely with relevant authorities to shape a cross-sector understanding of emerging technologies. As the global use of AI and biometrics rapidly evolves, Malta has the flexibility to lead practical advancement by establishing the sound regulatory framework necessary for innovations to thrive on a global scale.
In addition to meeting potential clients for our existing technologies, we are also seeking partners in innovation to test new product ideas, or even co-develop new technologies and product implementations.
Bio:
With over 20 years’ experience in founding, operational, and advisory capacities, Gareth Genner provides Trust Stamp with technical, managerial, and visionary skills, as well as legal expertise. Gareth has successfully conceptualised, implemented, scaled, and exited multiple businesses. A British lawyer by training, Gareth holds a U.S. LLM in International Taxation & Financial Service Regulation.
If you are a FinanceMalta member and would like to be profiled in our member spotlight, please send an email to content@financemalta.org.
by Ganado Advocates
23rd April 2024
by Ganado Advocates
5th April 2024
by CSB Group
5th April 2024
by Bank of Valletta
21st March 2024
by Bank of Valletta
18th March 2024
by Ganado Advocates
4th March 2024
by Ganado Advocates
23rd February 2024
by HSBC Bank Malta p.l.c.
19th February 2024
by Bank of Valletta
29th January 2024
by Bank of Valletta
17th January 2024
by CSB Group
12th January 2024
by Ganado Advocates
3rd January 2024
by Ganado Advocates
3rd January 2024
by Ganado Advocates
3rd January 2024
by Bank of Valletta
28th November 2023
by Bank of Valletta
23rd November 2023
by Bank of Valletta
3rd November 2023
by Ganado Advocates
1st November 2023
by Ganado Advocates
1st November 2023
by Ganado Advocates
1st November 2023
by Griffiths + Associates Ltd
31st October 2023
by Ganado Advocates
16th October 2023
by Bank of Valletta
29th September 2023
by Bank of Valletta
31st August 2023
by Bank of Valletta
28th August 2023
by Ganado Advocates
16th August 2023
by Ganado Advocates
16th August 2023
by Ganado Advocates
11th August 2023
by APS Bank plc
31st July 2023
by Ganado Advocates
28th June 2023
by Ganado Advocates
28th June 2023
by Ganado Advocates
28th June 2023
by Ganado Advocates
26th May 2023
by Bank of Valletta
7th May 2023
by Infocredit Group Limited
3rd May 2023
by Bank of Valletta
14th April 2023
by Ganado Advocates
10th April 2023
by CSB Group
14th March 2023
by Ganado Advocates
24th February 2023
by CSB Group
21st February 2023
by Griffiths + Associates Ltd
20th February 2023
by FinanceMalta
14th February 2023
by Bank of Valletta
31st January 2023
by CSB Group
19th January 2023
by Ganado Advocates
13th January 2023
by Ganado Advocates
13th January 2023
by Bank of Valletta
27th December 2022
by Bank of Valletta
21st November 2022
by BNF Bank plc
18th November 2022
by Bank of Valletta
3rd November 2022
by FinanceMalta
28th October 2022
by BNF Bank plc
6th October 2022
by Bank of Valletta
16th September 2022
by Bank of Valletta
2nd September 2022
by CSB Group
31st August 2022
by Bank of Valletta
11th August 2022
by BNF Bank plc
10th August 2022
by Griffiths + Associates Ltd
29th July 2022
by Griffiths + Associates Ltd
25th July 2022
by BNF Bank plc
14th July 2022
by Bank of Valletta
3rd June 2022
by Infocredit Group Limited
19th May 2022
by The Malta Institute of Accountants
13th May 2022
by Griffiths + Associates Ltd
9th May 2022
by Griffiths + Associates Ltd
3rd May 2022
by Infocredit Group Limited
28th April 2022
by Infocredit Group Limited
8th April 2022
by Infocredit Group Limited
8th April 2022
by Ganado Advocates
24th February 2022
by Bank of Valletta
16th February 2022
by BNF Bank plc
12th January 2022
by BNF Bank plc
3rd December 2021
by Western Union Business Solutions
1st November 2021
by FinanceMalta
8th July 2021
by FinanceMalta
8th July 2021
by Bank of Valletta
28th June 2021
by FinanceMalta
18th June 2021
by Bank of Valletta
1st June 2021
by Bank of Valletta
26th May 2021
by Bank of Valletta
25th May 2021
by Bank of Valletta
18th May 2021
by Bank of Valletta
17th May 2021
by Bank of Valletta
7th May 2021
by FinanceMalta
29th April 2021
by Bank of Valletta
13th April 2021
by Bank of Valletta
18th February 2021
by Western Union Business Solutions
5th February 2021
by FinanceMalta
14th January 2021
by Bank of Valletta
4th January 2021
by Bank of Valletta
21st December 2020
by Bank of Valletta
18th December 2020
by Bank of Valletta
18th December 2020
by Bank of Valletta
30th November 2020
by Bank of Valletta
29th September 2020
by Infocredit Group Limited
23rd September 2020
by Bank of Valletta
14th September 2020
by Bank of Valletta
14th September 2020
by Bank of Valletta
2nd September 2020
by Bank of Valletta
19th August 2020
by APS Bank plc
3rd August 2020
by Bank of Valletta
31st July 2020
by Bank of Valletta
31st July 2020
by Ganado Advocates
17th July 2020
by FinanceMalta
10th June 2020