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Kudelski IoT’s RecovR ID Check Adopted by The Niello Company to Combat Auto Industry ID Fraud

Story Highlights
  • Kudelski IoT’s RecovR ID Check is adopted by The Niello Company to combat ID fraud.
  • The solution enhances transaction security and customer trust in the automotive sector.
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Kudelski IoT’s RecovR ID Check Adopted by The Niello Company to Combat Auto Industry ID Fraud

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The latest announcement is out from Kudelski SA ( (CH:KUD) ).

Kudelski IoT has announced that The Niello Company, a prominent automotive group in Sacramento, has implemented its RecovR ID Check to combat identity fraud in the automotive retail sector. This move addresses the increasing threat of sophisticated ID fraud, which has significantly impacted financial losses in the industry. The RecovR ID Check offers a seamless, cost-effective solution that enhances transaction security and customer trust, reflecting The Niello Company’s commitment to operational security and community protection.

The most recent analyst rating on (CH:KUD) stock is a Sell with a CHF1.10 price target. To see the full list of analyst forecasts on Kudelski SA stock, see the CH:KUD Stock Forecast page.

More about Kudelski SA

Kudelski Group is a global leader in digital security technologies, offering solutions for media, cybersecurity, and IoT. Its IoT division provides end-to-end solutions across various industries, leveraging decades of innovation in digital business models and security technologies. The group is headquartered in Cheseaux-sur-Lausanne, Switzerland.

Average Trading Volume: 35,377

Current Market Cap: CHF74.96M

For an in-depth examination of KUD stock, go to TipRanks’ Overview page.

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