24/7 Market News Snapshot 20 May, 2025 – Intellicheck, Inc. Common Stock (NASDAQ:IDN)

May 20, 2025

DENVER, Colo., 20 May, 2025 (www.247marketnews.com) – (Nasdaq:IDN) are discussed in this article.
Intellicheck, Inc. (Nasdaq:IDN) has made headlines today as its stock, opening at $3.83, reflects a robust increase of approximately 14.08% from the previous close of $3.31. With a trading volume of 541.21K shares, this surge indicates heightened investor interest, potentially linked to significant recent developments within the company. Market analysts are observing potential support levels around the previous session’s close and resistance at the opening price, suggesting a pattern that investors should watch closely in the upcoming trading sessions.

In a pivotal move, Intellicheck has entered into a three-year agreement with a major financial institution, expected to significantly boost its revenue streams and establish this client as one of its top three sources of income. Valued in the high seven-figure range, the contract allows the financial organization to deploy Intellicheck’s advanced identity verification technology throughout its extensive network of over 1,900 branch locations. Initial revenues are anticipated to start in the low seven-figure range, with incremental monthly payments commencing as the integration progresses. Full realization of the contract’s potential is projected to begin in the third quarter of 2025.

CEO Bryan Lewis highlighted the importance of this partnership, emphasizing how it reinforces Intellicheck’s role in enhancing customer acquisition and safeguarding against fraud. The company’s solutions facilitate seamless transactions for banking staff dealing with account changes, credit applications, and openings, all while providing strong defenses against identity theft. Intellicheck continues to innovate, deploying its technology to deliver secure solutions that not only meet client needs but also adapt to the dynamic landscape of identity verification. With approximately 100 million identities validated annually, Intellicheck remains a leader in protecting both businesses and consumers from fraud.

Related news for (IDN)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.