TRST provides a biometric identity‑assurance platform that uses contactless palm‑vein scanning to verify customers instantly for payments, access control, and loyalty programs. The technology enables enterprises in retail, banking, and hospitality to streamline checkout, reduce fraud, and lower KYC/AML costs while delivering personalized, frictionless experiences. TRST’s solution integrates with existing point‑of‑sale and banking systems to automate member recognition and secure financial interactions.
Funding
Funding not disclosed
Founders
Product
Problem
Retail, banking, and hospitality businesses face high fraud rates, costly KYC/AML compliance, and friction in customer onboarding and checkout processes. Traditional verification methods often require physical documents or contact-based biometrics, leading to slow transactions and poor user experiences.
Solution
TRST offers a biometric identity‑assurance platform that uses contactless palm‑vein scanning to verify individuals instantly across payment, access control, and loyalty contexts. The palm scan captures a unique vascular pattern, enabling high‑accuracy authentication without physical contact or cards. Integrated APIs allow enterprises to embed verification into point‑of‑sale terminals, banking apps, and hotel check‑in systems, delivering frictionless checkout and onboarding. By automating identity confirmation, the platform reduces fraud, lowers KYC/AML processing costs, and supports real‑time member recognition for personalized offers and rewards. The solution also supports age verification and secure room access, extending its utility beyond payments to broader access management scenarios.
Target Audience
Primary customers are large retailers, banks, and hospitality operators seeking secure, low‑friction identity verification for transactions and access control, as well as enterprises that run loyalty or membership programs.
Features
- Contactless palm‑vein scanning technology delivering >99% verification accuracy
- Real‑time API integration for POS, banking, and hospitality systems with minimal latency
- Automated fraud detection that blocks account takeovers and synthetic identity attacks
- Built‑in compliance tools that streamline KYC/AML workflows and reduce manual review
- Instant member identification enabling personalized offers, points accrual, and automated rewards redemption
- Multi‑use case support for payments, access control, loyalty programs, age verification, and campus services