Intellicheck (IDN) is selling its services to banks, credit card issuers and online and offline retailers that virtually eliminates fraud. Key to IDN's sales pitch -- these services require no added machines or devices, little or no time to integrate, and enable a frictionless process that determines whether a transaction is fraudulent almost instantly.
IDN has recently made its services available as Software-as-a-Service (SaaS) on a per-transaction basis. This move by new management with new focus and drive has allowed IDN's customer wins and revenues to soar and, until recently, its stock price to rise