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Stock impact report

Intellicheck Offers Free Fraud Protection to Financial Institutions and Retailers as Online Fraud Soars During Nationwide Stay-At-Home

Intellicheck, Inc. (IDN) 
NASDAQ:AMEX Investor Relations: intellicheck.com/about/investor-center
Company Research Source: Business Wire
MELVILLE, N.Y.--(BUSINESS WIRE)--Intellicheck, Inc. (Nasdaq: IDN) is offering its leading fraud fighting technology solution Retail ID Web to banks, credit card issuers, payment providers and retailers at no cost for 90 days in response to the explosion in online fraud during the nationwide COVID-19 stay-at-home and limited reopening environment. Multiple financial institutions and retailers are using this tool to stop fraudulent account takeovers, new account openings and purchases in this increasingly person-not-present environment.Intellicheck CEO Bryan Lewis said fraud is attacking the economic backbone of communities nationwide. “Criminals don’t stop committing identity theft for a pandemic. With stores closed, they have just accelerated online fraud. Given social distancing and curbside pickup, we are seeing an increase in the use of stolen credit card numbers for buy online, pickup in store transactions. The CDC distancing guidelines also mean less bank visits and more call Show less Read more
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