Luxury U.S. department store implementing Intellicheck’s Retail ID mobile nationwide
Leading-edge technology solution engages customers and boosts confidence with fraud protection
JERICHO, NY (October 17, 2017) — Intellicheck, Inc. (NYSE American:IDN), an industry leader in delivering real-time threat identification and identification authentication that provides the antivirus to the epidemic of counterfeit IDs, today announced that a renowned national department store chain is deploying Intellicheck’s Retail ID Mobile™ at all of its premier and outlet store locations nationwide.
Retail ID Mobile is providing the chain’s retail stores with state-of-the-art, real-time identification authentication to prevent fraud in card not present transactions and new store card account openings. Implementation of Retail ID Mobile increases customer confidence and enhances the customers’ experience with the easy-to-use technology solution.
“We are excited that yet another prized brand has chosen our technology solution following an extensive, rigorous pilot test delivering proof of Retail ID Mobile’s superior performance. Retailers recognize they must act to stem the steep losses associated with fraudulent transactions. Those losses are increasingly causing an erosion in customer confidence and the bottom line. With the holiday season rapidly approaching, our growing list of partners will continue to realize important gains because they now have this powerful fraud fighter working to protect their transactions and improve the customer experience,” said Intellicheck Interim CEO Bill White. “At the same time, we are pleased to provide our shareholders with another positive progress report underscoring an important achievement in positive incremental revenue growth and product adoption,” noted White.
Retail ID Mobile transforms mobile devices, such as smartphones and tablets, into a potent fraud deterrent. Design features reflect Intellicheck’s deep understanding that the customer experience is a critical element, which defines the retailers’ brand and makes the difference between a satisfied customer that will return and remain brand loyal and a negative experience. Economical and easy to implement, Retail ID Mobile eliminates the need to integrate with the retailer’s point-of-sale system providing a quick path to realizing revenues.
About Intellicheck Mobilisa
Intellicheck Mobilisa is an industry leader in identity authentication, verification and validation solutions in both the U.S. and Mexico. The Company holds 24 patents, including many patents pertaining to identification technology. Its identity solutions support customers in the national defense, law enforcement, retail, hospitality and financial markets. The Company's products scan, authenticate and analyze componentsof identity documents including driver licenses, military identification cards and other government forms of identification containing magnetic stripe, barcode and smart chip information. Once extracted from the identity card, the information can be used to populate forms as well as provide safety, security and efficiencies throughout these markets. For more information regarding Intellicheck's innovative products, please visit www.intellicheck.com.
