Trust Stamp Denmark Joins Mastercard Lighthouse MASSIV Program

Rhea-AI Summary

Trust Stamp (Nasdaq: IDAI) has been selected as one of five companies to join the Mastercard Lighthouse MASSIV 2025 program, a platform supporting impact-driven technology companies. The program offers mentorship, networking opportunities, and strategic resources to companies developing scalable technologies.

Trust Stamp Denmark will collaborate with Mastercard to advance financial inclusion, support humanitarian aid efforts, and enable secure digital access for underserved communities. The company's proprietary technology converts biometrics into tokens, enhancing fraud prevention and operational efficiency while maintaining privacy standards.

Through this partnership, Trust Stamp aims to implement sustainable digital identity systems that prioritize universality, security, and privacy. The collaboration focuses on breaking vendor lock-in and developing adaptable identity solutions that could potentially impact tens of millions of people.

Positive

• Selected as one of only five companies for prestigious Mastercard Lighthouse MASSIV 2025 program
• Strategic partnership with Mastercard to scale operations and impact
• Potential to reach tens of millions of users through program implementation

Negative

• None.

Trust Stamp Denmark Joins Mastercard Lighthouse MASSIV Program to Drive Impactful Innovations in Digital Identity Solutions

COPENHAGEN, April 02, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ has been selected as one of the five companies to join the competitive Mastercard Lighthouse MASSIV 2025 program. The initiative supports impact-driven technology companies addressing critical global challenges through strategic partnerships, and Trust Stamp’s selection for the program underscores its innovative, privacy-first identity solutions and its potential to drive meaningful social impact on a global scale.

The Mastercard Lighthouse MASSIV program is a globally recognized platform that provides mentorship, networking opportunities, and strategic resources to companies that develop scalable and impactful technologies. By joining this program, Trust Stamp Denmark will collaborate with Mastercard and industry leaders to scale its impact and extend the reach of its privacy-first identity solutions. The company will focus on advancing financial inclusion, supporting humanitarian aid efforts, and enabling secure digital access for underserved communities. This partnership reinforces Trust Stamp Denmark’s commitment to ethical, privacy-focused identity solutions that drive financial inclusion and digital transformation on a global scale.

Trust Stamp delivers privacy-first, interoperable identity solutions that empower underserved communities to securely access essential services without compromising personal data. By irreversibly converting biometrics into tokens using proprietary technology, Trust Stamp enhances fraud prevention, operational efficiency, and digital inclusion while ensuring the highest standards of security and privacy.

"We are very excited to grow our engagement with Mastercard through the Lighthouse MASSIV program. Financial and societal inclusion is at the core of our Mission and by working with Mastercard we have the potential to improve the lives of tens of millions of people. By advocating for adaptable identity solutions and breaking vendor lock-in, we, together with partners in the MASSIV PROGRAM, can empower governments and organizations to implement sustainable and future-proof digital identity systems that prioritize universality, security, and privacy," said Jonathan Patscheider, Vice President of Trust Stamp Denmark.

Trust Stamp’s AI-powered identity solutions are designed to provide security and trust in digital transactions while preserving user privacy. As part of the Mastercard Lighthouse MASSIV program, Trust Stamp Denmark will collaborate with Mastercard and industry leaders to drive innovation in identity technology, creating sustainable and scalable solutions that empower individuals and organizations worldwide.

For more information about Trust Stamp and its initiatives, visit www.truststamp.ai.

Inquiries
Trust Stamp                                                   Email: Shareholders@truststamp.ai

Jonathan Patscheider

Vice President, Trust Stamp Denmark         

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 data, 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 twenty-two nationalities in eight countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).

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.

FAQ

What is the significance of Trust Stamp (IDAI) joining Mastercard Lighthouse MASSIV 2025?

Trust Stamp's selection enables collaboration with Mastercard to scale its privacy-first identity solutions, focusing on financial inclusion and humanitarian aid efforts through strategic partnerships and resources.

How does Trust Stamp's (IDAI) biometric token technology work?

The technology irreversibly converts biometric data into tokens, enhancing fraud prevention and operational efficiency while ensuring user privacy and security.

What are the main objectives of Trust Stamp (IDAI) in the Mastercard MASSIV program?

Trust Stamp aims to advance financial inclusion, support humanitarian aid efforts, and enable secure digital access for underserved communities through privacy-focused identity solutions.

How will Trust Stamp's (IDAI) participation in MASSIV 2025 benefit underserved communities?

The partnership will help implement sustainable digital identity systems, enabling underserved communities to securely access essential services without compromising personal data.