Press Releases September 9, 2026 08:30 AM

Trust Stamp announces an accelerated onboarding process for financial institutions whose data has been compromised by the leak of 166 million identity documents from a leading ID scanning company

Trust Stamp accelerates onboarding for financial institutions amid major identity document leak, offering enhanced privacy-focused ID verification.

By Marcus Reed
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IDAI

Trust Stamp, a Nasdaq-listed AI-driven identity and security solutions provider, announces accelerated onboarding and waived setup fees for financial institutions adopting its DMV-backed Driver’s License Data Verification service. This move comes in response to a massive leak of 166 million identity documents from a competitor, IDScan. Trust Stamp's service offers a privacy-focused verification process that prevents storing images of IDs, reducing fraud risk and potential liabilities tied to compromised legacy systems.

Trust Stamp announces an accelerated onboarding process for financial institutions whose data has been compromised by the leak of 166 million identity documents from a leading ID scanning company
IDAI
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Key Points

  • Trust Stamp is fast-tracking and waiving fees for financial institutions adopting its AAMVA Driver’s License Data Verification service after a major identity document leak from a competitor.
  • Their service uniquely verifies IDs in real-time against DMV databases without storing images, enhancing privacy and security.
  • The announcement impacts banking, finance, regulatory compliance, and cybersecurity sectors, supporting reduced fraud and operational risk amidst increasing identity theft concerns.

ATLANTA, GA, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered trust, identity, and security solutions, today announced that is accelerating onboarding and waiving setup fees for financial institutions moving to its American Association of Motor Vehicle Administrators (AAMVA) Driver’s License Data Verification (DLDV) service following the revelation that photographs of around 166 million identity documents have been leaked from a leading identity scan provider.

On September 1, 2026, Krebs on Security reported that a service operating on the dark web began selling photographs of more than 153 million driver's licenses from the United States and Canada, along with roughly 10 million identification cards and 3 million passports and travel documents. Krebs verified the samples by searching the database for his own records and those of other individuals who had consented to the checks, and tracked the leak to IDScan. Media reports suggest that multiple lawsuits have already been filed against IDScan and law firms have also launched investigations into potential class-action litigation related to the reported security incident at IDScan.

While traditional ID scanners check for security features on the physical card, and in many cases store an image of the card, Trust Stamp’s AAMVA DLDV service allows customers to confirm in real time that the information on the ID matches the DMV database without storing an image of the ID. This secondary layer of verification provides a heightened level of privacy protection while addressing high-end sophisticated forgeries that can bypass standard optical scans.

Gareth N Genner, CEO of Trust Stamp, commented, "Trust Stamp has always been committed to providing Privacy Enhancing Technologies (PETS) and our AAMVA DLDV service provides accessible, government-backed identity trust across the physical and digital worlds without compromising end-user security by storing images of their identity documents. As soon as the leak was announced we determined what would be needed to defend our clients against malevolent use of the data and developed measures we can quickly implement to protect financial institutions from the fraud risk and the potential legal liability from continued use of flawed legacy systems.”

Inquiries:

Financial Institutions: [email protected]

Trust Stamp Investor Communications: [email protected]

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).

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.


Risks

  • The company faces uncertainties from ongoing investigations and potential litigation related to the competitor's data breach, which could affect market dynamics and customer acquisition.
  • Forward-looking statements indicate risks from changing industry regulations and the challenge of convincing institutions to switch amid legacy system dependencies.
  • Broader economic factors impacting financial institutions' IT budgets and cybersecurity investments may affect adoption rates of Trust Stamp’s solutions.

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