Fortune 500 Life Insurance Company Adopts Trust Stamp's AI-Powered Low-Code Orchestration Platform
Portfolio Pulse from Benzinga Newsdesk
Trust Stamp (NASDAQ:IDAI) has announced that a Fortune 500 insurance company will adopt its low-code Orchestration Platform. This follows the recent announcement that 35 financial institutions were implementing its Orchestration Layer. The platform is designed to combat the rising threat of third-party fraud in the insurance industry, particularly account takeover, which has increased by 25% over the last year.
November 08, 2023 | 1:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Trust Stamp's partnership with a Fortune 500 insurance company for the adoption of its low-code Orchestration Platform could potentially boost its reputation and increase its market share.
The adoption of Trust Stamp's platform by a Fortune 500 insurance company is a significant endorsement of its technology. This could lead to increased demand for its services from other companies in the insurance sector, potentially driving up its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100