Trust Stamp, the Privacy-First Identity Company providing AI-powered trust and identity services used globally across multiple sectors, announces a partnership with Simunix, a leading identity data provider serving businesses and public sector organizations of all sizes.
Trust Stamp’s privacy-first identity technology has been added to Simunix’s Age Verify and T2A people and address verification offerings. This partnership will provide Simunix customers access to Trust Stamp’s biometric and optical character recognition (OCR) solutions.
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The global biometric system market size is projected to grow from $36.6 billion in 2020 to $68.6 billion by 2025, as demand for solutions is increasing in public and private sector industries such as banking and financial services, cryptocurrencies, travel and hospitality. The addition of Trust Stamp’s innovative, privacy-first approach enables Simunix users to efficiently verify the customers’ identity.
“With so much stolen identity data readily available to criminals, establishing users’ identity is increasingly challenging,” said Andrew Gowasack, President and Co-founder of Trust Stamp. “Simunix is a well-respected provider of data and people solutions, and we are excited to partner with them to bring this unique biometric authentication capability to their customers.”
“We are pleased to partner with Trust Stamp for our age and identity verification products. The addition of their OCR and biometric technology to our existing data solution will result in a more robust verification service offering for our customers,” said Colin Frith, Head of Business Development for Simunix.
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