Intellicheck, Inc. announced Versatile Credit has integrated Intellicheck into their preeminent omnichannel lending platform. Versatile Credit is the premier credit aggregation and customer acquisition tool for merchants and lenders. Intellicheck's identity validation solution gives Versatile Credit merchants the ability to extend credit with confidence, allowing them to quickly onboard new customers.

It assures merchants are able to provide good customers with a frictionless experience, validating customer identity documents in less than a second with proven accuracy. This solution also pre-fills the application, streamlining the process and further enhancing the customer experience. Because of the technology's exceptional accuracy, Versatile Credit merchants may further benefit from the 20 to 40% reduction in false negatives, which means higher conversion rates and more customers.

Versatile Credit serves a diverse range of markets, including jewelry, furniture, flooring, automotive, electronics, and elective medical, empowering merchants to extend seamless, self-service financing applications to their shoppers both in-store and online. Versatile's platform is adaptable across multiple devices including kiosks, tablets, PCs, and consumer mobile devices, and is custom-tailored to match each retailer's unique brand and sales process, creating a personalized shopping experience and streamlining processes for customers and associates. Intellicheck provides both digital and physical identity verification solutions to industries where speed and certainty is crucial.

These include financial services, social media, automotive, insurance, law enforcement and identity access management. Intellicheck's services are used by seven of the top 12 banks and credit card issuers, in use at more than 30,000 retail locations, two of the major social media companies, and more than half of the state-level law enforcement agencies in the US. Versatile Credit, driven by its commitment to empower merchants with a suite of financing options and tools, is continuously building and pursuing strategic partnerships to amplify its offerings.

The company is revolutionizing the way merchants offer consumer financing and constantly improving the platform to offer more benefits for merchants and their shoppers. Versatile Credit leverages its extensive subject matter expertise to customize deployments and work alongside retailers and lenders to deploy innovative and successful financing experiences. With a network of more than 35 financing partners, including prime, near prime and no credit required providers, Versatile enables retailers to address customers throughout the FICO spectrum.