Intellicheck announced that a leading domestic and international U.S. banking and financial services company signed a master services agreement to offer Intellicheck’s cutting-edge Retail ID product suite to their retail clients.
Intellicheck, an industry leader in delivering real-time threat identification and identification authentication that provides the antivirus to the epidemic of counterfeit IDs, announced that a leading domestic and international U.S. banking and financial services company signed a master services agreement to offer Intellicheck’s cutting-edge Retail ID product suite to their retail clients. Retail ID, Retail ID Mobile and Retail ID Online deliver real-time ID authentication and fraud prevention at brick-and-mortar retail stores and during online transactions. The Intellicheck product suite accelerates authentic new store credit card and loyalty program applications and reduces losses caused by stolen merchandise returns.
Engagement with this global financial company’s retail clients has already begun. Intellicheck’s Software as a Service (SaaS) product roll-out is complete with the first retailer, a large, nationally recognized retail furniture chain, expected to yield $230,000 in revenues in the first year. Intellicheck anticipates potential significant growth as additional retailers, underwritten by this financial institution, deploy Intellicheck’s advanced technology, high ROI solutions.
"We are pleased that this financial institution successfully completed an extensive audit of Intellicheck’s people, policies, procedures, data security and physical security. With consumer confidence rattled by ongoing incidents of identity theft and fraud, our state-of-the-art products are significant market differentiators that provide a safe, secure and regulatory-compliant competitive advantage for retailers, while addressing their increasing focus on risk management. Intellicheck’s Retail ID products provide ID authentication for transaction security and deliver exceptional features for account look-ups and simple, quick and accurate automatic population of credit card and loyalty applications. Simply stated, our products reduce fraud, expedite customer transactions and allow employees to focus on a more engaging customer experience,” Intellicheck CEO Dr. William Roof said.
Designed for retailers by retailers, Intellicheck’s Retail ID product suite combines robust fraud deterrence with advanced features that reflect extensive input from Intellicheck’s retail clients who include some of the nation’s most successful, highly recognized brands. These fast and easy-to-implement technology solutions are making a proven, measurable difference for Fortune 100 and Fortune 500 retail companies. Affordable and efficient, the technology solutions work on smartphones, tablets, PCs, point-of-sale systems and online, allowing for easy integration with our customers’ e-commerce sites.
Product Adopted:Software