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Innovative International Platform Targets Money Laundering, Identity Theft And Terrorism With Biomet

Thursday 11 December 2003 11:18 CET | News

Capital Security Systems (CSS) has broadened patent claims on its Super ATM Platform to include all ATM and computer terminal environments creating a high-tech platform for screening information regarding all ATM-based financial transactions.

The platform is able to accurately track fraud through complex banking networks while guarding consumers against the growing incidence of stolen identity. Banks and other financial institutions can use it to battle money laundering activities around the world. The Super ATM specifies a set of hardware and software tools capable of successfully preventing money laundering, identity theft and a variety of other fraudulent transactions. The tools include biometric smart cards, neural networks and other sophisticated technologies used to authenticate human identity, uncover fraud, guarantee security and detect check forgery. Collectively, they ensure that information from all financial transactions is properly identified, read, interpreted and recorded in real time. This enables customer to securely transfer funds in any ATM environment -- and enables authorities to monitor and track suspicious banking activities.


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Categories: Payments & Commerce | Payments General
Countries: World
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