Prominent Financial Institution Adopts Intellicheck’s Authentication Technology to Safeguard Customers and Prevent Fraud
June 23 2020 - 8:13AM
Business Wire
A top financial institution has signed an agreement with
Intellicheck to protect its customers and its bottom line using one
of Intellicheck, Inc.’s (Nasdaq: IDN) advanced fraud fighting
authentication tools. The prominent banking institution will be
assuring that individuals and organizations are who they say they
are for new account openings, account look ups, check transactions
and in the issuance of fundamental financial products such as money
orders and cashiers’ checks. Tellers will be using tablets equipped
with Intellicheck’s proven mobile authentication technology for
real-time ID authentication, accelerating financial transactions
and AML/KYC compliance.
Intellicheck CEO Bryan Lewis said dynamic fraud prevention is
vital to customer confidence and security. “The fraud fighting
power of Intellicheck gives financial institutions a competitive
advantage. It delivers maximum economic value as it strengthens the
trust equation between the customer and the financial services
institution. Economic challenges and record-setting incidents of
fraud are ongoing. Providing a superior customer experience, while
protecting both the customer and the bottom line isn’t a
nice-to-have, it’s a must.”
The Midwest-based financial institution has nearly 1,200
branches in 26 states with an associated business presence in 39
states.
Intellicheck’s real-time technology solutions allow financial
institutions and businesses to respond to financial services
requests quickly and seamlessly, while deterring losses associated
with fraud. Rapidly and easily implemented, the affordable
technology solutions provide a superior level of transaction and
account fraud protection that is proven more than 99%
effective.
About Intellicheck
Intellicheck (Nasdaq: IDN) is a trusted industry leader in
technology solutions that stop identity theft and fraud with
real-time identification authentication and age verification. We
make it possible for our clients to increase revenues, improve
customer service, and increase operational efficiencies. The
company is focused on partnering with banks, credit card issuers
and retailers to prevent fraud. Intellicheck also serves law
enforcement agencies, national defense clients and diverse state
and federal government agencies. For more information on
Intellicheck, visit us on the web and follow us on LinkedIn,
Twitter, Facebook, and YouTube.
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