Welcome to Intelligent Clearing Network ("ICN")...
ICN is an innovative software-as-a-service (SaaS) company that electronically delivers
and clears digital and paper coupons thru a single connection at the point-of-sale
in grocery, drug and mass merchant retailers—collecting a processing fee for each
incentive redeemed. ICN’s clearing network, based on two published and one pending
patent has the potential to replace today’s highly manual, convoluted and fraud-prone
process. And for the first time, this new technology will also provide manufacturers,
media companies, and retailers with true "Real Time" redemption information
for digital and paper the moment the incentive clears the retailer’s POS system.
ICN successfully beta tested its digital solution in VG Food Centers, a 17 store
grocery chain in Central Michigan. During the 60 days of evaluation, ICN’s incentive
clearing system was fully vetted, processing millions of checkout transactions with
an average response time of 150 milliseconds. With commitments from a significant
number of retailers, ICN will be expanding aggressively to build its digital network
in 2010 and beyond.
ICN will also be beta testing its paper clearing technology during the summer and
fall of 2010. This patent pending enhancement to its software is designed to eliminate
the mis/mal redemption and fraud associated with processing paper coupons. Bench
testing of paper coupons is occurring in less than 50 milliseconds in response time.
To learn more about our digital success or how to participate in the growing ICN
network for clearing both digital and paper, please contact us today!