TSSI Calls Time on Document Fraud with Next Generation Security Thread
November 21, 2007 (PRLEAP.COM) Technology NewsPISEC 2007 - TSSI Systems, the document and personnel identity specialist, today announced the launch of OpVantia™, the next generation of its embedded security thread for protecting documents.
In 2006 the UK Government completed a study which showed that counterfeiting and fraud cost the UK economy an estimated £1.72 billion per annum.
OpVantia™ is a highly secure, reliable technology that prevents the counterfeiting of high value paper documents. Its applications include bank documents, event tickets, personal and vehicle identification documents and vouchers.
OpVantia™ is a document security thread, which can be either fully embedded or windowed into the paper during the paper manufacturing process. Each OpVantia™ thread contains anti-counterfeiting security features and additionally can be decoded into a number for security identification or traceability. The thread is available in black, silver, gold and colourflip to enhance the aesthetic appearance of the document.
“TSSI has a family of proven, highly secure machine readable technologies that already protect tens of millions of documents against fraud. This newest generation of our document security thread OpVantia™ provides an even more cost effective mechanism to counter fraud,” said Stewart Hefferman, COO, TSSI.
TSSI also markets a range of readers that authenticate documents protected with the new OpVantia™ security thread. To validate a document as authentic, the user simply scans the reader across the surface of the document. The reader authenticates the thread as genuine and can display a number embedded within the thread.
TSSI will market OpVantia™ via its relationships with paper mills worldwide, offering each mill its own range of batch numbers.
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TSSI, based in Swindon, UK, is leading supplier of technology solutions for the verification of personnel and documents. Its document verification, fingerprint biometrics and identification systems are used in over 20 countries worldwide; wherever proving the identity of individuals or documents is a necessity. TSSI's target markets include healthcare entities, retailers, airports and financial institutions. Its blue chip customer list includes Group 4 Securicor, NHS and the John Lewis Partnership. For further information visit: www.tssi.co.uk.
For further information visit: www.tssi.co.uk or contact Raz Sheikh on firstname.lastname@example.org or on +44 1793 747 700.