Trust Stamp waives fees for banks after 166 million ID document leak
Trust Stamp (Nasdaq: IDAI) said it is accelerating onboarding and waiving setup fees for financial institutions switching to its American Association of Motor Vehicle Administrators (AAMVA) Driver's License Data Verification (DLDV) service, following a reported leak of approximately 166 million identity document photographs from IDScan, an identity scanning company.
According to a September 1, 2026 report by Krebs on Security, a dark web service 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. The report traced the leak to IDScan. Media reports indicate multiple lawsuits have been filed against IDScan, and law firms have launched investigations into potential class-action litigation related to the incident.
Trust Stamp's AAMVA DLDV service verifies in real time that the information on an ID matches a Department of Motor Vehicles database, without storing an image of the document. The company said this approach differs from traditional ID scanners, which typically store card images.
Gareth N. Genner, CEO of Trust Stamp, said the company "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."
Trust Stamp is headquartered in Atlanta, Georgia, and trades on the Nasdaq Capital Market.
