Versatile Credit, a credit aggregation and customer acquisition tool for merchants and lenders, integrated Intellicheck Inc.'s identity validation solution into its omnichannel lending platform. With this service, merchants can more quickly onboard customers, according to a press release.

Merchants can validate a customer's documents in under a second with Intellicheck. It also pre-fills the application and improvers the overall customer experience while reducing false negatives by 20% to 40%.

"Through this integration with Intellicheck, we're bringing a new level of security and personalization to our merchants. The addition of Intellicheck's advanced identity validation will help our merchants reduce fraud while elevating the overall application experience," Vicki Turjan, president and COO, Versatile Credit, said in the release.

"Versatile Credit's merchants can build their customer base with confidence while providing an unsurpassed customer experience featuring ease of use and a speedy response to credit requests," Bryan Lewis, CEO of Intellicheck, said in the release. "Giving merchants a rapid and easy-to-use tool to onboard new clients while virtually eliminating fraud has a direct impact on bottom line results."

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