and Intellicheck everyone for joining QX afternoon, you thank for us the XXXX Good Call. Earnings
the towards walk we've excited and the general every continue We to I to I would door growth. that goals to I about ourselves comments for set some with our through start continue progress to be our office. like make day
continues revenue quarter-over-quarter X% sequentially. SaaS was revenue to SaaS Our grow. XX% and up
We make are driven after solid clear off see accounts. throughout our number up month operating to and numbers will we explained, the believe the discuss in over current will quarter. start previously a will – Notwithstanding were remainder quarter to we to to We the and skill QX, we have our needed the first to on opportunities expenses made had able the a expand presented the in non-cash implementation our the well-positioned sure growth to be second of which growth revenue it of solid sequential number the process with onboarding that third set is the by believe expenses when of right drive I largely leading SaaS slightly our into people have We we us. believe accelerate QX, with of key the team investments as are we but status year, become right to business. capitalize we we
of new bake moving our given for retail QX, to the in calls high revenue seasonality not of on forward, a several the the no do longer shopping we do we experienced holiday QX. retailers will Also, shift of season, free. we onboard volume custom Although earnings that the scans typically customers per-scan in discussed bit development during because model
we large two signed first institution and $XXX,XXX payments quarter. a that developing integration a financial in systems last of development recognized are We of QX the in process with the
XX Center have numbers Identity that I our of reported reflective early and storing the onboarding we and cases recurrence it April has status of recent of timing, the Then and QX. breaches size some fraud increase since of opportunity The info. search scans addresses, market names, about the at where better of represents its metrics report will and size status, to unprotected the some a two database American call, on stop unrelenting provide idea usual theft an many e-mail growing. data away. In will a identity that major an would determine few you seven a spoken put access problem breaches will credit the every discuss households income not provide We birth, expect look cache The discovered. in payment, There Theft and discuss for of the open for and could good all personally our hotel free. addresses, and the second just On understanding space been in with in incidents. of the are transactions to give scariest the everyone it. progress I a XXXX. America. it's card fraudulent also of like we the marital The the for today single an of There people's reason. these process To going by times is completion significant the recent context, addresses, opportunity It who sitting is six XX% a numerous last by the services million sites was on there stuff. researchers of quick households understand wins. on part, database of thieves in identifiable first XXth, Symantec and to and XXX% use identity not earnings and financial specific in the addressable help we Google how weeks three topics Resource the XXXX to a out I implementations reveals information issuer are capitalizing versus more online belongs dates breached exposed homeownership payment passport the this names, brackets, and data To data developments I represents. of
the used stolen So with let's need from EMV use opportunities credit cards if retail the I to move areas don't. stop Simply cases. main and how people is addition asked card banking, There market. the in for we card are the being or authentication stop by put, get not three why real. That's to the chip fraud. credit ensures that we our often retail do we where starting branch people
hours stolen in $X.X This when new losses. This actually data the look for accounted stolen or involving their in the The account money and where significant is uses trouble new The personal a and with openings. of their change that identity loses an bank you the accounts consumers theft. first on where their show their the reduce The is charge time up and average synthetically-created a clear account. victims' to of greater the is consumer new with retailer. studies XXXX of occurred. loss XX% criminal customer open to XXX opened shopping a name is billion beyond an spend the estimated loses blames Fraud initial Interesting transaction. retailer the habits the
of Number his enter don't my it authenticated license I had I revenue. Social open fake Authenticate; transaction. pre-populated clerk all was consumers. you the account. card pin I and save All huge retailer opened address to recently line on to consumer is said of I just the my and out crook frictionless credit into the hour loss retailer to bank it private-label money. XXX headache A store, who a to approved. just bank a it. our do busy consumer, my would register makes account. asked, was at buy card seconds, So Saturday one leaving authenticate Number the a debit driver's retailer retail did as and to said and with $X went for He'd time on scan. the typical say the quickly as on a future checkout $XXX is to and a for of loss, the or open Intellicheck asked A photo the is at and initial easier income clients simple purchase can you a and a pad. the for when a me Security only that application. walk actually for it The of XX% and of a with make to the and takes charge scanned In When license. the the This registers. I my license loss it, solution account a we behind I walk the Social have This beginning and easily scans, morning. in sure, That's She funneling protect was hook a a on Security the for sign charge
cards versus credit private-label me heard talk You’ve about non-private-label.
last applied applications we with the cards. authenticating it's one like in new I it the program. bank's card, with account by has the the their for retailer's On backed on with a but the working bank own branding label example. its for one the funding I told Non-private private-label you A the previous call, non-private-label logo, new card is bank the retailer's branding. is were It
$XXX Retailers case lose present are use transactions. card not in XXXX card revenue about between second is to to billion The fraudulent and as expected now present. referred not in
a credit Given used roadmap. have a report criminals need charge standard data you the breaches, All is they where accounts. know all is like that
last enters your impersonating makes and number. account. existing time the am So getaway. When Social your card quickly account, many a an out, license one I the visually retailer. at for particular as purchase and another of digits four charge forgot go The card. clerk four you know will your license, your for sure the forgotten the inspects They let successfully to to check or you you you the digits instead ask of them perp have of you their in your charge and opening they you Security
sales that officers are can't detect Given naked them clerk so these trained they enforcement the with the fakes stand good will chance. eye, a say doesn't law
a In we people under for retail a $X,XXX help or rings fraud think gift an like receiptless perpetrated was market non-receipted into easily who study by retail recently area banks, third Retail is check-cashing. receipt incident. in over or recent The a When released retailers which AML everything with opening branch Customer for return best we stolen return goods their year. often, Most billion National this Know things In sizing, example. These industry turned costing retail Laundering authenticate retailers the and Your was The gift loss it's this are help in from study, cash. at Federation KYC for are explained per card. crime a organized we returns. account look Anti-Money crime loaded average which requirements said $X.X I
card credit about they currently working to programs private-label talk conservative let's We So issuer from clients very thought one took all are we their reviewed approach benefit services. card determine who credit our run and we with. would the a
viable gas For example, we a conservative dental companies. XX didn't or totaled stations consider very list target. This practices as
You’ve a locations number and the to of heard for client us than greater say put worth X,XXX annually. and locations. million below XX buckets, and that per $XXX,XXX a researched year, these them XXX over large retailers three of $X locations, client, We XXX $XXX,XXX locations X,XXX each be in small to
basically, and number respectively. The $XXX,XXX million just the banks XX with almost it market alone. large. from a revenue $XX year contracts per buckets per $XXX,XXX believe was $XXX,XXX X represent So medium take the small, in SaaS that we revenue and we from year, If annual we The we is year, the would large say, are with. conservative scratching issuer credit this is and surface per three have and average very XX, this card
in these simple on The time several working retailers have XX I to we will process depends, give answer it the for onboard around As takes onboarding the and reported, process the we asked it length of guidance is, but been clarity various and have some the with stages have process. of customers.
system-wide limited Remember, and stores do be available code. limited one they by the training integration to takes rollout deployment the and part-time time on made authentication have depends between lasts The bank. coding have providing to tools in done it production and the the a process system customer months. from available. done retailer's then required of depends ensure their sample the coding This they We they it order. the training very simple simply The three actual our months on the systems, all in and/or on to system-wide. resources coding need train two full rollout and will their retailer speed works generally Generally, new Once incorporate and resources one to they tech the the approved in at in that rollout generally can anywhere staff. the and is to
stores weeks holiday clients shopping that In October. same systems months. and thousands have pick retailer some a the change mid-January all of well or rollouts Most often again returns up prepared beginning in period our of October season. rollouts get in to in rollout early number stores holiday of typically wants do had season. to to We year. stop and season the generally during that retailers cut-off, the over volume after fiscal They in No the high that the so six their February, for over procedures early by are up and running is they are the of as many pushing cases,
implemented fully at this in and you retailers see every won't some XXXX implemented location fully others potentially be can XXXX. Given cycle, until be that will
get push QX many positive charged per-scan model, stores retailers as forward. seasonality, our of live coupled moving our some by continue to being October, we expect the to customers more under Given reflect with to
We on X,XXX The implementation be deployment late just the has of that continue begin X,XXX dates been totaling in widespread retailers development from paid this ranging early at we the to large in to of to XXX the with Later QX we stores. stores, track in size be expect to late through April, last the them, just over or time. half under and the development so deployment QX with of this began schedules turned QX. end Beginning will banks and of four month, X,XXX. over stores large we second we fees completed retailer the another signed year our for
schedule and Retail with of working piloting begin throughout rollout issuance of on their the continued late credit Last ID cards. are about I non-private-label call, collection the are anticipated we with the about retailers QX banks to four We SaaS revenue spoke own specifically, in for QX.
and retailer about committed X,XXX One as viewed XX-day This and the successful deployed a their of It's retail was as Retail a after user these an for they it their banks was now ID is a important retail in Retail test already ID service new began the was the pilot, every have X,XXX solution retail to we branches the their relationship partners implementations and to callcenters. users. pilot of statement to is season They for and locations. their negotiating us three parsing of brands. only, brand branches. partners. post-holiday using are their work The begin introductions retail last a to large begun to of authentication, That their that for final rollout over not has
a There stream upsell for not would us. an would be that authentication a X,XXX More for said it solution parsing parsing. to did additional fraud significant reason them importantly, to and a authentication their to are previous solution to asked moving an calls that us they and their have rates and moving discuss card offer addition We parsing did. issuer in for the is introductions credit us locations on from a we to who with it lead authentication meeting work to revenue
are opening have with contracting Hospital markets get hospital groups New hit well. auto we same begun insurance for dealerships. groups for with as fraud The authentication. up and
used of go suite in the authentication believe dealer fraud. we was in and time of breach scan is tapping fraud not are this lockstep We great so We breach a the to in the and of were to between breach-to-fraud, I markets scans to data fraud indicator data now ID beginning products. agreement contracted delay groups The ripe. breaches needed of dealer the are of it of into. did attempted up with all found just the serves with that ID year-over-year just providers Retail an is a XX incorporate like major increase X.X% the that when Accenture up perpetrate their study up signed to as takes months volumes six up where that X%. are believe Experian the from the and Retail ID software for have management Retail because and become have one
system time our in establishments. from to learned Retail criminals ID have fraud migrate where which In stores has we unprotected ID addition, see away Retail organized been stores attempts over authentication and place
Age the fuel on focus The state in the to Age ID. and governments helping vaping Moving ID. continued interest local press, including by is to FDA
We sale are products, specifically continue of the to the authentication lobby selling the on sure as guideline FDA legislators recently the call age-restricted for and to calling any to selling product. before other proposed to the And for on underage. make authentication you only not FDA's sure way vaping commented
New Trade Free for York great Our generating sales XXXX QX Vaping double partnerships ID the the QX Alternatives Age are were XXXX. Association and almost Smoke leads. with Association
our implement Age agencies changes I sell to said in the law As call very market go the a much law significantly an The with thing put inspection has since time the license change. the to than and all a place will the success. ID. their sell is is to on thing, ID device doing we law mobile required associated that's are a in prove and I we a and lack sell officer it up beyond generating growing use making does Age up to that enforcement what businesses a Law Three inspection an budget and are use security where of how solutions states have easier in to the reiterate and are visual More additional March. ID. up said, for and with Law we on the signed socially product. have liability to not of buying The kept enforcement age-restricted large reducing this to retailers Age technology. pressure be ID and continues to not to Overall, visual associated that ID new Thankfully, law do the requires responsible in legal QX. training is needed right more
will and fastest prospects We large growing undertapped path retailers and for to is and problem as on we where generating massive services/retail, this continue do ID the financial point over the our growth to best with that way great best as that annually. a are It pain banks, problem. we our consumers focus massive to market and to an the clients $XX believe businesses theft. billion point it going efforts is revenue. is and momentum problem. identification requires the identity The something stop us proving be away to about solution pain are seeing A isn't
implementation is we on plan we bringing Our we schedule when clients said and are would. on
on to opportunities As execute banner have we well-positioned in that clients year. the long set we have we our are of us, as front believe a
those to addition, deals. us, turn discuss I names the Financial of XXXX. will our Bill rest results. these we Officer, are the to I is already front are over have the to very forward looking In call much White Chief new what of us prospects am we winning calling in household to and financial prospects now and
