Banking and Fintech

Financial Institutions rely on secure, accurate, and efficient identity authentication solutions to protect themselves and their customers.

Trust Stamp works with organizations on the cutting edge of financial security to do just that.

Benefits

Security

Hashed identity data can never be reversed, making it safe to use, store, and share without risk of leaking useful information

Interoperability

Trust Stamp technology works with any identity data from any source, breaking vendor and modality lock in while being device agnostic

Usability

Customer experience is critical in successful implementation of security procedures. Our authentication process is low friction, fast, and user friendly

Synthetic Identity Detection

The IT² is stored in an Identity Lake and matched against all prior and future IT²s to prevent duplicate identities (even those that pass KYC by using apparently valid identity documents). This process continues to catch fraudsters using the same face for multiple accounts, allowing our clients to give their customers peace of mind that their accounts and identities are safe.

Consortium Identity Lake

By also contributing some (or all) of their IT²s to a Consortium Identity Lake, participating organizations can query new IT²s against a larger pool to achieve inter-institutional identity de-duplication without exposing PII or competitive data.

Existing Use Case

We provide an additional layer of automated authentication when bank clients have failed knowledge-based- authentication and need to regain access to their account. By comparing the secure selfie to the biometric IT² collected at registration, you can quickly authenticate legitimate customers and provide instant account access.