During our twenty years of selling counterfeit currency detection equipment, one of the most common “objections” to our presentations that we have heard from companies both large and small is that they didn’t need our counterfeit detection products because they can train their frontline people to recognize fake money by hand – be testing how the paper feels.
Information up-to-date as of April 24, 2019.
Topics: ID Verification, ID authentication, identity authentication, real ID, driver license update
When it comes to assessing your risk of identity theft and fraud, being digitally compromised in a major, headline-news-style data breach is not your only threat.
Media stories focus on huge data breaches such as the Equifax data loss in 2017 which compromised more than 140 million Americans’ personal data. In fact, data theft reached record levels in 2017, with over 1,500 reported incidents of hacking that exposed around 180 million records.
Topics: identity theft, counterfeit detection, fraud prevention, ID authentication
Several weeks ago, we began getting calls from a few clients asking us whether specific versions of MasterCard payment cards had omitted the use of the UV security feature on their card-stock. After receiving maybe half a dozen of these calls, we began trying to learn more about this.
Topics: counterfeit news, counterfeit detection, ID authentication, credit card
You know it’s important to protect your business against fraud, but how do you protect your business when it’s being accused of facilitating fraud?
Topics: fraud prevention, identity authentication, identity documents
Increase Your Employees’ Productivity by Eliminating the Time-Consuming Task of Counting Money
Topics: money counting, uv counterfeit detection, money scale, cash counter
The California DMV released its Real ID-compliant driver license and identification (ID) card on January 22, 2018.
Topics: real ID, driver's licenses, driver license update
If you are in noncompliance with Form I-9 requirements, your business could pay a rather hefty penalty.
Topics: regulatory compliance, I-9 compliance, Employee Verification, identity verification, identity authentication
Countries around the world are designing ever-more intricate (and beautiful!) UV security features on currency notes and identity documents - BECAUSE THEY WORK!
Topics: counterfeit detection, currency news, uv counterfeit detection, identity documents
Counterfeit money, of course, can be used to swindle real money and products from businesses, but did you know that counterfeit money is often used as an economic weapon?
The introduction of counterfeit money into circulation can cause the currency to inflate - i.e., the value of that currency drops – and if the currency inflates enough, the country’s economy can collapse. The effects of artificially adding (counterfeit) currency into circulation have been taken advantage of by many nations in order to conduct warfare on an economic level – in a sense, it can cause more damage than actual, physical warfare can.
There have been many instances throughout history in which counterfeit money was used as an economic weapon; recently, counterfeit Yemenni banknotes were used in such a manner. Read on to learn about several instances - including this recent counterfeit Yemeni money incident - in which counterfeit money was used in an attempt to bring about devastating economic consequences.
Topics: counterfeit money
