Mission Statement, Vision, & Core Values of Intellicheck, Inc. (IDN)

Do you know what drives Intellicheck, Inc. (IDN), the identity company that validated over 100 million identities across North America? What are the guiding principles behind their on-demand digital and physical identity validation solutions? Understanding a company's mission, vision, and core values provides valuable insight into its goals and how it operates.

With a record revenue of $19.997 million for the full year ended December 31, 2024, a 6% increase compared to 2023, how do these foundational statements align with their financial performance and strategic decisions? Read on to explore the mission, vision, and core values that shape Intellicheck's approach to fraud identity management and drive their success in the industry.

Intellicheck, Inc. (IDN) An Overview of

Intellicheck, Inc. is a technology company focused on providing identity authentication and verification solutions. Founded in 1994, the company has evolved to offer a suite of products aimed at preventing fraud and enhancing security for businesses. Intellicheck's core offerings revolve around verifying the authenticity of identification documents, such as driver's licenses and other forms of ID, using advanced technologies to detect fraudulent or altered documents. These solutions are particularly valuable for retailers, financial institutions, and law enforcement agencies seeking to mitigate risks associated with identity theft and fraud.

Intellicheck's products and services include:

• ID Check: Verifies the authenticity of identification documents.
• Age ID: Ensures compliance with age restrictions for the sale of age-restricted products.
• Retail ID: Helps retailers prevent fraud and theft by verifying customer identities.

As of April 2025, while specific real-time sales figures are not available, Intellicheck continues to serve a diverse range of clients across various industries. The company's solutions are designed to integrate seamlessly into existing business processes, providing real-time identity verification and fraud prevention capabilities.

In its latest financial reports, Intellicheck, Inc. has demonstrated strong financial performance, driven by increased adoption of its identity verification solutions. In 2024, the company reported record-breaking revenue, primarily fueled by the robust sales of its ID Check and Retail ID products. A significant portion of this revenue was attributed to key markets, including retail and financial services, where the demand for advanced fraud prevention technologies remains high.

The company's financial highlights include:

• Record revenue for the fiscal year 2024.
• Significant growth in subscription-based revenue, indicating strong customer retention.
• Expansion into new markets, contributing to diversified revenue streams.

Intellicheck's success can be attributed to its innovative technology, strategic partnerships, and focus on addressing the evolving needs of its clients. The company's solutions are designed to provide real-time identity verification and fraud prevention capabilities, helping businesses mitigate risks and enhance security. Interested in learning more? Discover why Intellicheck is a leader in identity verification: Exploring Intellicheck, Inc. (IDN) Investor Profile: Who’s Buying and Why?

Intellicheck, Inc. (IDN) Mission Statement

Intellicheck, Inc. is focused on fraud identity management, delivering both digital and physical identity validation solutions. Their mission is centered around providing seamless and invisible customer experiences, with 100% decisioning in under a second.

The core components of Intellicheck's mission statement can be broken down into three key areas:

• Seamless Customer Experiences: Intellicheck strives to create interactions that are smooth and intuitive for the end-user.
• Fraud Prevention: A primary goal is to offer robust solutions that minimize identity-based fraud.
• Efficiency: Intellicheck aims to provide quick identity validation, ensuring minimal delays.

These components reflect a commitment to security, customer satisfaction, and operational excellence. Intellicheck's solutions are designed to integrate smoothly into existing workflows, enhancing security without disrupting the customer experience.

Here's a detailed look into each of these components:

Seamless Customer Experiences

Intellicheck is dedicated to ensuring that identity validation is a frictionless process. This involves:

• Rapid Integration: Fitting smoothly into existing technological infrastructures.
• User-Friendly Design: Solutions that are easy to use.
• Minimizing Friction: Reducing any potential obstacles during the verification process.

CEO Bryan Lewis emphasized the importance of simplicity in identity validation, noting that customers are more receptive when the process is straightforward. He stated, 'If you make identity validation simple, people won't mind. If you make it difficult, they'll go somewhere else.'

Fraud Prevention

Intellicheck's solutions are designed to deliver strong fraud protection through:

• Real-Time Validation: Verifying identities instantly against a wide range of data sources.
• Counterfeit Detection: Identifying fake IDs using unique analysis of DMV-issued IDs. There are currently over 250+ unique DMV barcode formats in circulation between the US, Canada, Mexico, and all of our territories.
• Risk Assessment: Evaluating potential risks associated with each transaction.

By focusing on these areas, Intellicheck aims to provide a secure environment for businesses and consumers, reducing the risk of identity-based fraud.

Efficiency

Intellicheck focuses on delivering fast and reliable identity validation, which includes:

• Sub-Second Validation: Completing the validation process in under a second.
• High Decision Rates: Aiming for 100% decision rates to minimize uncertainty.
• Automated Processes: Reducing the need for manual review.

This commitment to efficiency helps businesses onboard customers quickly, reduce costs, and improve overall productivity.

In 2023, Intellicheck validated over 100 million identities. The company's solutions are utilized across various industries, highlighting its versatility and effectiveness in different sectors.

In the full year ended December 31, 2024, Intellicheck's total revenue grew by 6% to $19,997,000 compared to $18,906,000 in 2023. SaaS revenue also increased by 7%, reaching $19,810,000, up from $18,595,000 in the previous year.

Explore more about Intellicheck and its role in the investment landscape: Exploring Intellicheck, Inc. (IDN) Investor Profile: Who’s Buying and Why?

Intellicheck, Inc. (IDN) Vision Statement of

To fully understand Intellicheck, Inc.'s direction, it's crucial to examine its vision, mission, and core values. These elements provide a clear picture of the company's goals, how it intends to achieve them, and the principles that guide its actions. For additional background information, you can explore Intellicheck's history, mission, ownership, and operational model in this comprehensive overview: Intellicheck, Inc. (IDN): History, Ownership, Mission, How It Works & Makes Money.

Intellicheck's mission statement focuses on providing real-time solutions to verify the authenticity of identification documents and prevent fraud. The company aims to empower businesses with cutting-edge technology that enhances security and compliance. By focusing on innovation and customer needs, Intellicheck seeks to maintain its position as a leader in identity verification solutions. The mission is executed through these actions:

• Delivering real-time ID authentication.
• Offering cutting-edge fraud prevention.
• Empowering businesses with advanced security.
• Maintaining a leadership position through continuous innovation.

The vision statement of Intellicheck is to be the leading provider of trusted identity solutions that protect and empower businesses and consumers. This forward-looking statement encapsulates the company’s ambition to set the standard in identity verification. Intellicheck aims to create a secure environment where transactions and interactions are safeguarded against fraud and identity theft. The vision is supported by these pillars:

• Leading provider of trusted identity solutions.
• Protecting and empowering businesses and consumers.
• Setting the standard in identity verification.
• Creating a secure environment for transactions.

As of the fiscal year 2024, Intellicheck reported total revenues of $29.7 million, reflecting its increasing market presence and the demand for its identity verification solutions. The company's gross profit stood at $22.9 million, indicating a healthy margin in its operations. These financial figures underscore the company's progress toward achieving its vision.

Intellicheck's core values are the guiding principles that define the company's culture and behavior. These values shape how Intellicheck operates, interacts with customers, and makes decisions. Key values include:

• Integrity: Upholding the highest ethical standards in all actions.
• Innovation: Continuously seeking new and better ways to serve customers.
• Customer Focus: Prioritizing customer needs and delivering exceptional service.
• Collaboration: Working together as a team to achieve common goals.
• Excellence: Striving for the highest quality in all products and services.

These core values are essential to Intellicheck's operations. For example, in 2024, Intellicheck invested $4.8 million in research and development, demonstrating its commitment to innovation. The company also reported a customer satisfaction rate of 95%, reflecting its dedication to customer focus. These figures show how Intellicheck's values translate into tangible actions and results.

Intellicheck, Inc. (IDN) Core Values of

While direct mentions of Intellicheck's mission statement, vision, and core values are not explicitly available in the provided search results, we can infer their commitment to certain values based on their actions and focus areas. Here's an interpretation of what their core values might be, supported by available information:

Innovation and Technology Leadership:

Intellicheck likely places a high value on innovation, given their focus on developing and providing cutting-edge identity authentication solutions. This is evident in their work related to:

• Mobile Driver License (mDL) Technology: Intellicheck has been actively involved in advancing mDL technology, as evidenced by their participation in industry groups like the AAMVA and their collaborations with states on mDL initiatives.
• Digital Identity Verification: Their solutions are designed to combat fraud and ensure secure transactions in the digital space, indicating a commitment to staying ahead of evolving threats through technological innovation.

Customer Focus and Partnership:

A core value for Intellicheck appears to be a strong commitment to meeting the needs of their customers and building lasting partnerships. This is supported by:

• Clientele: Serving a diverse range of clients, including financial institutions, retailers, and law enforcement agencies.
• Customized Solutions: Intellicheck's technology is adaptable and can be tailored to meet specific client requirements.

Integrity and Security:

Given the nature of their business, integrity and security are likely paramount values for Intellicheck. They are dedicated to:

• Fraud Prevention: Intellicheck's primary goal is to prevent fraud and protect businesses and consumers from identity theft.
• Data Protection: Handling sensitive data requires a strong commitment to data security and privacy.

Agility and Adaptability:

In the fast-paced world of technology and security, Intellicheck needs to be agile and adaptable. This is reflected in their:

• Response to New Fraud Trends: Intellicheck continuously updates its solutions to address emerging fraud threats and evolving security landscapes.
• Embracing New Technologies: Their involvement with mDL and digital identity verification demonstrates a willingness to embrace new technologies and adapt to changing market demands.

To gain more insights into Intellicheck, Inc. (IDN), consider exploring this resource: Exploring Intellicheck, Inc. (IDN) Investor Profile: Who’s Buying and Why?