Trust Stamp Expands Reach to 100 Financial Institutions

Author: Ryan Hughes Updated: 09-25-2025 10:58 AM

Trust Stamp Achieves Major Milestone

Trust Stamp (NASDAQ: IDAI), a leading provider of AI-powered identity services, has successfully reached a significant milestone by partnering with 100 financial institutions. This achievement represents a robust expansion of its low-code Orchestration Layer technologies.

Transaction Volume Surge

Andrew Gowasack, President of Trust Stamp, highlighted the importance of this milestone, stating that it reflects not just growth in numbers, but also an increase in engagement from existing partners. Notably, the company has experienced a remarkable 95.3% increase in transaction volume from banking clients since a major implementation went live.

Growth Among Financial Institutions

Out of the 100 financial institutions partnering with Trust Stamp, a substantial 94 are banks with a combined asset value exceeding $500 billion. This growing network serves numerous locations, demonstrating the firm's prominent position within the financial sector. The uptick in usage, particularly noted in mid-2025, points to an increasing reliance on Trust Stamp's innovative technology.

Diversification Strategy Yields Results

Furthermore, Gowasack reported on the firm’s diversification approach. The company has recently partnered with one of the three largest U.S. life insurance providers, witnessing an astonishing 306.2% growth in transaction volume from June to August.

Long-term Contract Extensions

In addition to expanding its client base, Trust Stamp has successfully extended its contract with a flagship Fortune 500 financial services client until May 2031. This extension guarantees a minimum revenue of $12.7 million over its duration, confirming the strong value and trust in the company’s solutions.

Positive Outlook and Future Plans

Gowasack shared a positive outlook for the company's future, emphasizing successful execution of their strategic plans. The ongoing expansion among existing clients is anticipated to continue generating high-margin, recurring revenue, promoting substantial long-term value.

About Trust Stamp

Trust Stamp is celebrated as a pioneer in AI-powered identity technology. Their patented service provides secure, biometric-backed identification that protects personal data while facilitating transactions across various platforms. Built upon a low-code Orchestration Layer, its services are designed to be easily integrated to suit diverse industry needs.

Frequently Asked Questions

What milestone did Trust Stamp recently achieve?

Trust Stamp reached 100 financial institution clients, marking a significant expansion in its services.

How much did Trust Stamp report in transaction volume growth?

The company enjoyed a 95.3% increase in transaction volume from banking clients and a 306.2% increase from insurance clients.

What is the significance of Trust Stamp's contract extension?

The extension with a Fortune 500 financial client ensures a revenue minimum of $12.7 million, highlighting Trust Stamp's strong market position.

What types of institutions does Trust Stamp partner with?

Trust Stamp collaborates with various financial institutions, including large banks and insurance providers, showcasing their versatility across sectors.

How does Trust Stamp's technology work?

Trust Stamp offers AI-driven services that create secure identification methods using biometric data while ensuring personal privacy.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

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