WOODBURY, NY – Intelli-Check, Inc., a leader in advanced identification-document-verification systems, announced that Certegy Check Services Inc., a subsidiary of Certegy Inc., has licensed the company’s proprietary ID-CHECK technology to add another level of security to Certegy’s comprehensive risk-management and loss-prevention services. Certegy Check Services provides risk-management and loss-prevention services to more than 100,000 retail sites across the country, authorizing more than $36 billion in domestic check transactions annually.
Intelli-Check’s ID-CHECK parsing technology is designed to instantly read, analyze, and verify the encoded data in magnetic stripes and barcodes on driver licenses, military, and other government-issued IDs to determine if the content and format is valid. Certegy plans to seamlessly integrate it into its own check-authorization system, which uses state-of-the-art technology to decision transactions for its customers with unprecedented accuracy, convenience and simplicity.
“Certegy is an ideal partner for us as we continue to expand the applications for our technology and develop new opportunities for consistent, long-term growth,” said Frank Mandelbaum, chairman and chief executive officer of Intelli-Check.
“We have been pleased with Intelli-Check’s responsiveness to our business needs and the timeliness of the integration,” stated Stephen Kuzio, vice president of business systems development for Certegy Check Services.
Mr. Mandelbaum added, “We view this agreement to be the initial step in partnering opportunities with Certegy. Our goal is to provide our software across many of the vertical markets Certegy serves. We look forward to a long and productive relationship with the company.”
About Intelli-Check, Inc.
Intelli-Check, Inc. is the acknowledged leader in technology that assures the authenticity of driver licenses, state issued non-driver and military identification cards used as proof of identity. For more information, visit www.intellicheck.com.
About Certegy
Certegy Inc. provides credit and debit processing, check risk management and check cashing services, merchant processing and e-banking services to over 6,000 financial institutions, 117,000 retailers and 100 million consumers worldwide. For more information, please visit www.certegy.com.
