Innovative International Platform Targets Money Laundering, Identity Theft And Terrorism With Biometrics
Super ATM(TM) Platform Patent Secures Global Financial Transactions
CHICAGO, Dec. 10 /PRNewswire/ -- Capital Security Systems (CSS) today
announced that it has broadened patent claims on its Super ATM(TM) 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.
"Taken together, the Super ATM(TM) patents comprehensively integrate a
wide variety of tools and technologies into a single unified platform that can
effectively maneuver the massive databases used by governments to combat money
laundering and track down criminals," said John Hartigan, Director of the
World Trade Center Chicago and Managing Partner of VisCon Capital Partners,
the firm that represents Capital Security Systems. "The Super ATM(TM)
addresses the concerns of the United States Government, the British
Parliament, other world governments as well as the international financial
community."
The Super ATM(TM) 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.
"A big part of the problem has been the diverse and fragmented nature of
banking practices, both domestic and international which has allowed far too
much fraud and money laundering to slip between the cracks," said Hartigan.
"President Bush is now considering a $40 billion plan to create a federal
intelligence unit focused solely on the financial war on terrorism. We think
the Super ATM(TM) platform would be integral to winning this war."
FOR MORE INFORMATION
John Hartigan
VisCon Capital Partners
312-467-0606
prnewswire.com
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