ATLANTA–(BUSINESS WIRE)–Belief Stamp (Nasdaq: IDAI, Euronext Development: AIID ID), the Privateness-First Id Firm™ offering AI-powered belief and id companies used globally throughout a number of sectors, pronounces a partnership with VIVA Finance (“VIVA”), a mobile-first FinTech lending platform driving monetary inclusion via their distinctive method to inexpensive credit score. With a shared core concentrate on monetary inclusion, Belief Stamp and VIVA are leveraging their progressive options collectively to help sturdy, accessible, and equitable monetary methods as the inspiration for international inclusion.
VIVA empowers people with skinny credit score histories to determine the framework for long-term monetary well being by reworking entry to inexpensive credit score with loans underwritten by employment historical past fairly than credit score rating. Their know-how serves hundreds of working Individuals who’re historically met with opaque and sometimes predatory monetary merchandise.
Along with perpetuating exclusion, credit score checks and different conventional buyer threat evaluation procedures will be intrusive, costly, and set up a slim view of belief. Belief Stamp’s confirmed facial biometric verification, doc validation, and data-protection methodologies use superior synthetic intelligence to boost threat administration measures whereas serving a larger inhabitants of customers. The Firm’s privacy-first tokenization know-how maintains the utility of id knowledge whereas defending info safety inside compliance processes, amplifying what customers are in a position to entry utilizing their id.
In combining their improvements, Belief Stamp and VIVA are working to supply underserved people with an entry level to take part within the digital-first way forward for finance, breaking the barrier to reaching societal and monetary inclusion.
Belief Stamp Chief Industrial Officer, Kinny Chan feedback: “Belief Stamp’s imaginative and prescient for international inclusion has pushed our work to supply safe, privacy-first id options for the billions of individuals world wide whose lack of verifiable knowledge prevents them from accessing monetary companies. VIVA’s transformative work highlights the necessity for equitable companies and larger shopper alternative even in extremely developed economies.
“The mixing of Belief Stamp’s safe, equitable, and dignified options for establishing belief is a vital issue within the multifaceted effort to empower all people with monetary alternative. We’re thrilled to work with the VIVA crew as we proceed fostering mission-aligned partnerships to broaden the attain and affect of Belief Stamp’s highly effective id options.”
VIVA’s CEO & Co-Founder, Jack Markwalter feedback: “We’re thrilled to accomplice with Belief Stamp to additional our mission of constructing an inclusive monetary system. This partnership will permit us to stop would-be id thieves from utilizing our utility, whereas not adversely affecting trustworthy individuals who could have skinny or no credit score historical past.”
Belief Stamp invitations firms to discover alternatives for integration and channel partnerships right here.
About Belief Stamp
Belief Stamp is a world supplier of AI-powered id companies to be used in a number of sectors together with banking and finance, regulatory compliance, authorities, actual property, communications, and humanitarian companies. Its know-how empowers organizations with superior biometric id options that scale back fraud, shield private knowledge privateness, enhance operational effectivity, and attain a broader base of customers worldwide via its distinctive knowledge transformation and comparability capabilities.
Situated in seven nations throughout North America, Europe, Asia, and Africa, Belief Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI) and Euronext Development in Dublin (Euronext Development: AIID ID). Based in 2016 by Gareth Genner and Andrew Gowasack, the corporate now employs over 100 folks.
About VIVA Finance
Based in 2019 and accelerated via Georgia Tech’s ATDC program, VIVA Finance is increasing its accessibility nationwide on the heels of its 2021 Sequence A funding spherical. VIVA Finance goals to assist debtors with less-than-ideal credit score safe private loans, construct their credit score, and be taught higher monetary habits with a purpose to enhance their general monetary well being. With over $25M in private mortgage originations up to now, VIVA is being quickly adopted as a number one supply of inexpensive financing for working Individuals. Over 400 five-star Google evaluations inform the story of simple, accessible mortgage choices via https://viva-finance.com/.
Protected Harbor Assertion: Warning Regarding Ahead-Trying Remarks
All statements on this launch that aren’t primarily based on historic truth are “forward-looking statements” together with throughout the which means of the Personal Securities Litigation Reform Act of 1995 and the provisions of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. The data on this announcement could include forward-looking statements and knowledge associated to, amongst different issues, the corporate, its marketing strategy and technique, and its business. These statements replicate administration’s present views with respect to future events-based info at the moment out there and are topic to dangers and uncertainties that would trigger the corporate’s precise outcomes to vary materially from these contained within the forward-looking statements. Traders are cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date on which they’re made. The corporate doesn’t undertake any obligation to revise or replace these forward-looking statements to replicate occasions or circumstances after such date or to replicate the incidence of unanticipated occasions.
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Gareth Genner, Chief Government Officer
Nisha Naik, Government VP of Communications
Belief Stamp Investor Relations
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E-mail: [email protected]
E-mail: [email protected]