Welcome to our dedicated page for Red Violet news (Ticker: RDVT), a resource for investors and traders seeking the latest updates and insights on Red Violet stock.
Red Violet, Inc. develops analytics and information solutions that deliver identity intelligence for organizations. Its technology enables real-time identification and location of people, businesses, assets and their relationships, supporting identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance and customer acquisition. The company describes its CORE™ platform as a cloud-native, AI-enabled identity intelligence platform that transforms large datasets into intelligence.
Recurring Red Violet news includes quarterly financial results, earnings call updates, investor conference participation and customer deployments. Updates also cover FOREWARN, a Red Violet company that provides real-time information and identity verification services for real estate professionals and REALTOR® associations, with a recurring focus on agent safety and fraud mitigation.
Red Violet, Inc. (NASDAQ: RDVT) has announced the beta release of its advanced geospatial search technology via the idiCORE™ platform. This innovative technology combines geohash indexing and feature filtering to enhance data exploration, specifically tailored for investigative use. Initially applied to a comprehensive motor vehicle database, the release allows for detailed geographical searches and temporal filtering. Over 5,300 U.S. entities are expected to benefit from this tool, which aims to improve fraud detection and compliance. Full customer release is anticipated in Q4 2020.
Red Violet, Inc. (NASDAQ: RDVT) announced that it will release its financial results for the second quarter ending June 30, 2020, after U.S. markets close on August 11, 2020. A conference call to discuss the results and provide a business update will follow the announcement at 4:30 PM ET. Investors can participate by calling the provided numbers or via webcast on the company's website. Red Violet focuses on converting data into actionable intelligence for various industries, enhancing risk management, fraud detection, and customer acquisition.
Red Violet (NASDAQ: RDVT) announced a partnership with the Northeast Iowa Regional Board of REALTORS to provide its FOREWARN services to over 600 real estate agents, enhancing safety through real-time identity verification and criminal history checks. The service will be available at no extra cost, enabling agents to confidently plan showings. CEO Mary Shileny emphasized the importance of this tool for member safety. Instructions for activating FOREWARN were sent to NEIRBR members on June 23, 2020. This collaboration aims to foster safer interactions within the real estate sector.
FOREWARN, LLC, a leading provider of real-time information solutions (NASDAQ: RDVT), announced a partnership with the REALTOR® Association of Acadiana (RAA) to offer its services to over 1,500 real estate agents. This initiative aims to enhance agent safety by allowing them to verify identities and assess risks using data analytics. The services are provided at no extra cost to RAA members, promoting proactive safety measures in real estate transactions. Instructions for activating subscriptions were distributed to existing RAA members on June 3, 2020.
FOREWARN, LLC, a provider of real-time information solutions for real estate agents, has announced a partnership with the Northwestern Wisconsin Multiple Listing Service (NWWMLS) to offer its services to over 1,100 REALTOR® members. The FOREWARN platform enhances agent safety by allowing users to verify identities, search criminal histories, and validate client information with just a phone number. Starting May 15, 2020, NWWMLS members will receive instructions to activate their FOREWARN subscriptions at no extra cost.