Intellicheck, Inc. Common Stock (IDN)
Intellicheck, Inc. (IDN) is a technology company specializing in identity verification and authentication solutions. They develop software that enables businesses to accurately verify the identity of individuals in real-time, helping to prevent fraud and ensure compliance across various sectors such as retail, financial services, and government agencies. Intellicheck's solutions leverage optical and digital verification methods to improve security and streamline access control.
Company News
The US identity verification market is projected to grow from $10.9 billion in 2023 to $21.8 billion by 2028, driven by the rising prevalence of digital fraud. Key players in the market include LexisNexis Risk Solutions, Equifax, and TransUnion.
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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 0.3% on Friday. The Dow traded down 0.49% to 39,585.67 while the NASDAQ rose 0.26% to 16,444.91. The S&P 500 also rose, gaining, 0.01% to 5,241.56. Check This Out: These 3 Risk Off Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most...
IDN earnings call for the period ending June 30, 2022.