Trust Stamp Contracts with IDetect to Provide Them with DMV Data Verification for High-Volume Identity Security
Rhea-AI Summary
Trust Stamp (Nasdaq: IDAI) will provide IDetect with access to the AAMVA Driver’s License Data Verification (DLDV) service, enabling real-time verification of driver’s license data against issuing agency records.
The integration adds a government-backed data layer to IDetect’s scanners, offers one-second checks across hardware and software, and is expected to scale to millions of verifications per month.
Positive
- AAMVA DLDV access added to IDetect product suite
- Real-time, one-second driver’s license data verification
- Integration available across hardware and software solutions
- Expected scale of millions of verifications per month
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
IDAI fell 3.08% while several software peers rose (e.g., ELWS +9.46%, SGN +9.41%, FTFT +5.15%) and MASK declined 12.48%. Only SGN appeared on the momentum scanner, suggesting IDAI’s move was more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 17 | Government collaboration | Positive | -8.5% | Talks with Nigeria’s NITDA on biometric tokenization for digital economy framework. |
| Feb 04 | Crypto wallet IP | Positive | -5.3% | Filing U.S. trademark for WOW biometrically secured Wallet of Wallets. |
| Feb 02 | Business update | Positive | -7.3% | Update on financing, M&A LOIs, new ARR, anchor bank deal, and patents. |
| Dec 22 | Partnership LOI | Positive | -1.8% | LOI with Blue Gold to develop biometrically verified Wallet of Wallets. |
| Dec 01 | Product launch | Positive | -3.4% | Launch of StableKey cryptographic solution against coercive crypto attacks. |
Recent ostensibly positive business and product updates have been followed by negative 24-hour price reactions, indicating a pattern of selling into news.
Over the last six months, Trust Stamp has repeatedly announced strategic and product-related milestones, including Nigerian digital trust discussions on Feb 17, 2026, a stablecoin-focused WOW wallet trademark on Feb 4, 2026, and a broad business update on Feb 2, 2026. Earlier, it highlighted Wallet of Wallets work with Blue Gold on Dec 22, 2025 and launched StableKey on Dec 1, 2025. Each event saw a negative 24-hour price move, so today’s contract news comes against a backdrop of the stock often trading down after positive-sounding announcements.
Regulatory & Risk Context
An effective Form S-3 filed on Nov 24, 2025 registers 2,511,044 shares of Class A common stock for resale upon exercise of Series A and B warrants held by a single institutional investor. The company will not receive proceeds from resales but could receive up to $10,546,384 if all warrants are exercised for cash at $4.20 per share. The filing also notes an auditor’s going-concern paragraph, underscoring funding and execution importance.
Market Pulse Summary
This announcement expands Trust Stamp’s reach by supplying AAMVA DLDV access to IDetect, adding a DMV-backed data verification layer to traditional document scanning and targeting millions of checks per month. Against a backdrop of rising revenue but continued losses and an auditor’s going-concern paragraph, investors may watch how quickly this integration scales, its impact on recurring revenue, and how it interacts with the existing Form S-3 resale registration of 2,511,044 shares.
Key Terms
restricted stock units (rsus) financial
form s-3 regulatory
warrants financial
shelf registration statement regulatory
going concern financial
AI-generated analysis. Not financial advice.
ATLANTA, GA, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered trust, identity, and security solutions, today announced will provide IDetect, a leading provider of ID scanning and entrance security solutions for over 25 years, with access to the American Association of Motor Vehicle Administrators (AAMVA) Driver’s License Data Verification (DLDV) service.
This capability elevates IDetect’s current suite of document scanning tools, trusted by over 70 industries, including major brands like Marriott, Harrah’s Casinos, and the Federal Bureau of Investigation (FBI), by enabling real-time verification of driver’s license data against official issuing agency records.
While traditional ID scanners check for security features on the physical card, the addition of AAMVA DLDV allows IDetect customers to confirm that the information on the ID actually exists within the DMV database. This secondary layer of verification is critical for preventing high-end sophisticated forgeries that can bypass standard optical scans.
Andrew Gowasack, President of Trust Stamp, commented, "IDetect has been a staple of the security industry for a quarter-century, protecting everything from nightclubs to federal agencies. By integrating our AAMVA DLDV access, we are empowering IDetect to move beyond document 'authentication' and into true 'data verification.' Given their diverse customer base and significant scale, this represents a major step in our mission to provide accessible, government-backed identity trust across the physical and digital worlds."
Michael Sengstaken, CEO of IDetect, Inc., added, "For 25 years, IDetect has led the way in entrance security and liability reduction. Our customers, including some of the world’s most recognized hospitality and government institutions, demand the highest level of certainty. Working with Trust Stamp to provide DLDV access allows us to offer an unmatched level of security. We anticipate that at full scale, this integration will process millions of verifications per month, setting a new standard for the ID scanning industry."
The AAMVA DLDV integration will be available across IDetect’s range of hardware and software solutions, providing a seamless, one-second verification process that protects liquor licenses, reduces insurance liability, and ensures the highest level of entrance security.
Inquiries:
Trust Stamp: shareholders@truststamp.ai
About Trust Stamp
Trust Stamp is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure assets and data and securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency, enabling customers to accelerate secure financial inclusion and reach and serve a broader base of users worldwide.
With team members from over twenty nationalities in ten countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).
About IDetect, Inc.
IDetect, Inc. is a leading provider of advanced ID scanning solutions designed to protect businesses and their customers from fraudulent identification. Its intelligent scanners are deployed across more than 70 vertical markets, including hospitality, retail, healthcare, banking, cannabis dispensaries, casinos, and government facilities. By instantly verifying the authenticity of driver’s licenses, passports, and other government-issued IDs, IDetect, Inc. helps organizations prevent identity fraud, reduce liability, and ensure regulatory compliance. The company’s technology uses sophisticated data parsing and validation tools to detect fake or altered IDs, safeguarding end users while streamlining check-in, age verification, and access control processes across diverse industries nationwide.
https://idetect.net/our-customers/.
Safe Harbor Statement: Caution Concerning Forward-Looking Remarks
All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.