EMERGING TECHNOLOGY, CYBERSECURITY
Trust Stamp | September 29, 2022
T Stamp Inc. (“Trust Stamp” or the “Company”) (Nasdaq: IDAI, Euronext Growth: AIID ID), a global provider of AI-powered trust and identity services used globally across multiple sectors, today unveiled its new government-focused, privacy-first identity technology, Privtech™, and reports it has received registered trademark status for the Privtech solution by the US Patent and Trademark Office.
The technology provides four customizable levels of privacy protection using the Company’s existing Privtech Certified® structure and offers government agencies the ability to verify identity and protect against fraud, while minimizing the data collected and providing transparency as to its use.
“Privtech technology utilizes our patented irreversibly transformed identity token (IT2™), which allows users to be identified on a probabilistic basis without disclosing underlying biometric or other identity data. Within the Privtech Certified® structure there are four levels of privacy protection, of which Privtech Level Four is the most stringent with the entire enrollment and authentication processes taking place on the user’s own device, and only a randomized and encrypted one-time identifier ever leaving the device, Government agencies need to balance safe and efficient interaction with digital users against minimizing intrusion into the user’s privacy. Unlike the typical biometric systems in use today, Privtech Level Four does not require data intermediation by a private sector vendor and does not require the user to provide the agency with their biometric data. We have designed these solutions to meet the specific demands of government customers, which represent a very substantial and growing market opportunity. Ultimately, we believe that Privtech Certified products will define a new privacy-first approach to interacting with government agencies.”
-Gareth Genner, Chief Executive Officer of Trust Stamp.
Dr. Norman Poh, Chief Science Officer of Trust Stamp, stated, An IT2 can be created from virtually any modality of biometric together with most other types of identity data. In addition to the obvious benefit of privacy protection, the IT2 has numerous advantages when compared to legacy biometric templates, including computational efficiency, interoperability and cancelability.
The Company’s announcement is in the wake of substantial increases in technology-focused investments by government agencies including $80 billion in new funding for the Internal Revenue Service with a stated emphasis on improving taxpayer services and modernizing the agency’s technology and other infrastructure.
About Trust Stamp:
Trust Stamp, is a global provider of AI-powered identity services for use in multiple sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services. Its technology empowers organizations with advanced biometric identity solutions that reduce fraud, protect personal data privacy, increase operational efficiency, and reach a broader base of users worldwide through its unique data transformation and comparison capabilities.
CANADIAN COMMERCIAL CORPORATION (CCC) | October 18, 2022
Canadian Commercial Corporation (CCC) is pleased to announce General Dynamics Mission Systems–Canada has won a $24 million contract to help the Portuguese Air Force modernize its fleet of P-3C aircraft to support Maritime patrol and reconnaissance activities.
This was secured through a government-to-government (G2G) contract between CCC and the Portuguese Air Force. G2G contracts are part of CCC's International Prime Contractor service that brings qualified Canadian companies to foreign government buyers.
General Dynamics will provide equipment and technology to upgrade the communications and mission electronics. The upgrades to Portugal's P3-C fleet are modeled on modernizations that General Dynamics provides to the Royal Canadian Air Force. The Mission Management System offered to Portugal now comprises over 50 installations worldwide on both Maritime Patrol Aircraft and Maritime Patrol Helicopters.
Portugal is a member of NATO. The upgrades will allow the Portuguese Air Force, as a NATO member, to maintain the capabilities required to contribute to new and existing NATO activities. In addition to maritime patrol and reconnaissance activities, Portugal's air force also provides air policing, air transport, search and rescue, and medical evacuations.
"CCC is proud to simplify and expedite the acquisitions of Canadian expertise and technology by Portugal – a NATO ally and important trading partner,"
- Mathieu Lacroix, CCC's Account Director, Aerospace Sector.
We are very pleased to partner with the Portuguese Air Force, leveraging Canada's investment and long-term commitment to the P3 fleet, said Matt Young, Sr. Director of International Air and Naval Systems, General Dynamics Mission Systems–Canada. As standards and threats evolve, we are proud to support our customers around the world to meet the changing environment.
ABOUT CANADIAN COMMERCIAL CORPORATION (CCC):
We are Canada's government to government contracting agency. We help build successful commercial relationships between Canadian businesses and governments around the world by creating and supporting the successful completion of commercial contracts of public and national importance. We are also the official channel for Canadian companies looking to do business with the U.S. military.
ABOUT GENERAL DYNAMICS MISSION SYSTEMS–CANADA:
General Dynamics Mission Systems–Canada delivers advanced system solutions to Canadian and international customers. Headquartered in Ottawa, Ontario, it is one of the largest defence and security companies in Canada and is a world-class prime contractor and systems integrator for land, sea, air and cyber solutions.
EMERGING TECHNOLOGY, GOVERNMENT BUSINESS
Government Brands, LLC | September 01, 2022
Government Brands, LLC, the trusted technology partner for thousands of US and Canadian government entities, has launched a rebrand as Catalis TM. Catalis is one of North America's leading government Software as a Service (SaaS) and integrated payments providers, powering municipal, county, state, and federal governments.
Government Brands was launched in late 2017 and in less than five years strategically acquired and combined more than 30 GovTech companies across the US and Canada. This rapid growth necessitates a new way to organize and brand their broad portfolio of software and payments solutions. The rebrand, which is not a corporate restructuring, is part of the company's natural progression as it continues to grow and offer clients innovative technology and a more comprehensive suite of solutions.
A recapitalization in 2021, with leading investors PSG and TPG, elevated Government Brands to "unicorn" status, with a valuation exceeding $1 billion. Rebranding is the next step of evolution toward further expansion and positioning Catalis as North America's premier software and digital payments provider to government.
"This an exciting time – not only for our company but also for our customers and stakeholders, This rebrand reflects the evolution of our company and provides an opportunity to better communicate the wide range of best-in-class solutions we provide. We look forward to uniting our existing brands under one comprehensive citizen-first brand focused on serving government, The inherent complexity of government can hinder change, and no one feels this more than the people who work there: the public servants who work tirelessly to meet the needs of their citizens, Catalis understands those challenges and provides the technology, expertise, and agility to successfully deploy modern, transformative solutions, Our existing customers will continue to experience the same customer-centric service they have grown to know and rely on, and we're excited to develop new partnerships at all levels of government,The rebrand to Catalis is just the next step in our progression to providing the technology and innovation to meet – and exceed – the expectations of a modern digital government."
-John Kristel, CEO of Catalis.
"Catalis" is inspired by the word "catalyst," which describes the company's mission: to serve as a catalyst for creating a modern digital government. Their deep expertise, proven track record, and purpose-built digital solutions empower public officials to advance government and engage citizens through technology. The company offers a wide range of technology solutions across government with a portfolio of leading SaaS solutions for Citizen Engagement, Courts, Land Records, Public Works, Tax, Regulatory & Compliance, and CAMA, and integrated systems for Payments.
While the brand name has changed, Kristel assures customers that Catalis will continue to provide an unparalleled customer service experience, including an expanded range of resources and solutions to help them modernize government and engage citizens.
Catalis is the transformational SaaS and integrated payments partner powering all levels and sizes of government – municipal, county, state, and federal. With deep expertise, a proven track record, and innovative digital solutions, Catalis has empowered public servants across the US and Canada to modernize government and engage citizens.