Description of Intellicheck Inc's Business Segments
Intellicheck Inc. Overview
Intellicheck Inc. provides advanced identity verification solutions primarily marketed to the commercial and government identification sectors. The company’s offerings encompass software and services aimed at enhancing security, streamlining operations, and mitigating fraud risks. Intellichecks products are predominantly delivered as Software as a Service (SaaS), allowing clients to utilize cloud-based applications with flexible subscription pricing models.
Product Segments
Intellichecks main offerings are segmented into two primary categories: Identity Systems for Commercial Use and Government Identification Solutions. Each segment features a variety of products tailored to meet specific needs within their respective markets.
1. Identity Systems Products and Services
Commercial Identification Products
The flagship technology underpinning Intellichecks commercial identity verification services is the patented IDvCheck® suite, which encompasses a variety of applications built for document verification. Key products include:
- IDvCheck® Technology: - Advanced document verification capability enabling swift reading and verification of encoded formats on U.S. and Canadian driver licenses, ID cards, and military IDs. - Supports varied encodings, accommodating formats that may not adhere to standard guidelines set by governing bodies (e.g. AAMVA, ANSI). - Functions independently from central databases, ensuring user privacy.
- Application Suite: The IDvCheck® technology integrates into several key applications, each serving unique markets: - Retail ID™: Authenticating documents at point-of-sale for enhanced customer service and fraud reduction. - Law ID™: A mobile application enabling law enforcement officers to perform real-time queries from various identification databases. - Defense ID®: Streamlining identification for military and law enforcement personnel with robust verification against multiple databases. - Age ID™: Hand-held devices designed for age verification across various entry points. - Guest ID™: Optimizing check-in processes for hotels and motels via automated ID verification. - Retail ID Online™: Validating identities for online transactions to combat growing online fraud. - Retail ID Mobile™: A mobile application facilitating fraud reduction without full integration into existing systems.
Development and Integration Tools
- IDvCheck® SDK: A software development kit allowing third-party developers to integrate IDvCheck® technology into their applications across various platforms, ensuring wide usability and easy updates. - IDvCheck® POS: Software designed for VeriFone terminals, enhancing transactions by incorporating ID verification capabilities alongside standard payment processes. - State Aware Software: Ensures compliance with state laws governing ID data capture and storage, adapting functionalities to meet regional legal requirements.
Data Collection Devices
Intellicheck offers commercial solutions compatible with various data collection devices. These tools encompass: - Readers that process both 2-D barcodes and magnetic stripes. - Devices suitable for laptops, tablets, PDAs, and credit card terminals, ensuring flexibility in usage across different platforms.
Instant Credit Application Kiosk Software
Deploying custom software for major financial and retail service companies, this solution enables customers to perform in-store credit applications seamlessly. The kiosk captures ID information, populates required fields, and communicates with backend decision tools for instant credit approvals.
Government Identification Solutions
The Government Identification segment focuses on enhancing security protocols for law enforcement and military applications through the Defense ID® System. This suite improves identification and access control at sensitive facilities.
- Defense ID®: - Leveraging handheld and desktop devices to verify identity documents against over 100 databases. - Capable of identifying stolen cards and mismatched identity checks against watch lists.
- TWIC IDâ„¢: Tailored for port security, ensuring compliant ID credential verification for access into secure areas, with technology meeting all TSA requirements.
- Visitor Center (IM 3000): An integrated system that streams visitor processing, utilizing real-time background checks and ID verifications to facilitate access control quickly and efficiently.
Continuous Improvement and Upgrades
All Intellicheck products, both commercial and government, are continuously updated to reflect new identification formats, encodings, and legal requirements. This proactive approach ensures that clients remain compliant with evolving regulations while leveraging the latest technologies in identity verification.
Conclusion
Intellichecks extensive suite of products and services positions the company as a leader in identity verification solutions. By focusing on adaptable technology and robust functionality, Intellicheck caters to a diverse clientele across both commercial and government sectors, prioritizing security, user privacy, and compliance within all solutions.
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