Intellicheck Achieves GDPR Certification Underscoring the Company’s Ongoing Commitment to Data Privacy and Security

Rhea-AI Summary

Intellicheck (NASDAQ: IDN) has achieved full GDPR certification, confirming compliance with European consumer privacy standards. This milestone allows Intellicheck to penetrate European markets, addressing rising concerns over identity theft and fraud. The company’s technology supports identity validation for over 30,000 retail locations across North America and is utilized by leading banks and credit card issuers. CEO Bryan Lewis emphasized the significance of this certification, stating it enhances the company’s ability to onboard customers swiftly while protecting against fraud. As incidents of identity-related crimes rise, Intellicheck's solutions are increasingly relevant for businesses and consumers alike.

Positive

• Achieved full GDPR certification, enabling entry into European markets.
• Technology solutions used in over 30,000 retail locations in North America.
• Partnerships with five of the top 12 banks and credit card issuers in the U.S.

Negative

• None.

MELVILLE, N.Y.--(BUSINESS WIRE)-- Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity validation solutions, today announced it has successfully met all GDPR requirements to achieve full certification. GDPR or General Data Protection Requirements is the European standard that must be met for consumer privacy protection for companies to do business in Europe.

“Achieving GDPR certification reflects the company’s ongoing commitment to the most rigorous standards of data privacy and security. In achieving this milestone, we now have the opportunity to enter European markets at a critical time when consumer and business concerns over the devastating consequences of identity theft and fraud are at an all-time high as incidents continue to climb at a record-setting pace. Our industry-leading technology solutions allow businesses to confidently onboard more customers quickly and easily in digital and brick-and-mortar environments, while effectively protecting their customers and their bottom line from the costly impact of fraud,” said Intellicheck CEO Bryan Lewis.

Intellicheck’s digital and physical identity verification solutions technology solutions are in use through mobile devices and point-of-sale scanners at brick-and-mortar locations at more than 30,000 retail locations across North America. The cutting-edge frictionless technology solutions have also been chosen by numerous fintechs and financial services companies including five of the top 12 banks and credit card issuers in the U.S. as well as by BNPL providers and multiple law enforcement and state agencies nationwide.

To learn more about Intellicheck and our cutting-edge technology solutions, visit us on the web and follow us on follow us on LinkedIn, Twitter, Facebook, and YouTube.

About Intellicheck

Intellicheck (Nasdaq: IDN) is an identity company that delivers on-demand digital identity validation solutions for KYC, fraud, and age verification needs. Intellicheck validates both digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement and government agencies across North America. Intellicheck can be used through a mobile device, a browser, or a retail point-of-scale scanner. For more information on Intellicheck, visit us on the web and follow us on follow us on LinkedIn, Twitter, Facebook, and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230412005092/en/

Investor Relations: Gar Jackson (949) 873-2789

Media and Public Relations: Sharon Schultz (302) 539-3747

Source: Intellicheck, Inc.

FAQ

What does Intellicheck's GDPR certification mean for its operations?

The GDPR certification allows Intellicheck to operate in Europe, meeting stringent data privacy regulations.

How many retail locations use Intellicheck's technology?

Intellicheck's technology is in use at more than 30,000 retail locations across North America.

Which financial institutions partner with Intellicheck?

Intellicheck's solutions are utilized by five of the top 12 banks and credit card issuers in the U.S.

What is the significance of GDPR certification for Intellicheck investors?

GDPR certification opens new market opportunities in Europe, potentially enhancing business growth and shareholder value.

How does Intellicheck help combat identity theft?

Intellicheck provides identity validation solutions that help businesses onboard customers securely and protect against fraud.