Every Day, Thousands of Businesses and Consumers in the US Unknowingly Accept Counterfeit Dollar Bills
New in the US - B$URE - A New Generation of Portable Counterfeit Dollar Detector
CAESAREA, Israel, July 5, 2016 /PRNewswire/ -- According to the United States Department of the treasury, an estimated $70 million in counterfeit bills are in circulation. Only recently, it was reported that counterfeit activity suggests North Korea's fake currency operations are back up-and-running, after US security measures hampered its success during the last decade.
A new generation of counterfeit dollar detector was recently launched by Bsecure - an Israeli high-tech company. The B$URE detector allows its users the flexibility of a portable device along with the highest level of accuracy currently provided only by desk-top scanners. B$URE was developed and tested in collaboration with leading financial and security organizations and is currently undergoing patent registration.
Click here to watch B$URE.
"The level of sophistication which characterizes the counterfeiters in recent years demands an equally sophisticated solution. Some of the more commonly used solutions are obsolete and it is time to move forward by tackling the problem with more advanced technologies," says Allen Judis, Vice President of Engineering of the Bsecure group.
B$URE is a pocket-size, battery-operated device designed to authenticate dollar bills. It is easy to use and gives feedback in less than a second.
In its final round of testing B$URE reached a 100% positive authentication of banknotes, with no positive identification of counterfeit bills.
Due to its advantages, B$URE specifically fits the needs of businesses and individuals that deal with large volumes of cash on a daily base.
Dr. Aryeh Levin, Bsecure's CTO, notes that "Based upon our years of experience protecting major financial and commercial corporations around the world, we are the most suitable company to produce a product such as B$URE".
The company is currently looking for US partners in order to penetrate the American market.
About Bsecure
Bsecure Group is a full-service brand and document protection consulting and integration organization, established in 1999. Bsecure offers the latest front-line technologies designed to protect its clients against counterfeiters and gray markets.