SCL Partners With Advanced Security Solutions To Integrate UltraPoS And idenTT

SCL has partnered with Advanced Security Solutions to integrate the companies' products UltraPoS and idenTT. The combined offering will deliver an enhanced foreign exchange management system, designed to decrease fraud risk and provide significant cost savings for providers of Bureau

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SCL has partnered with Advanced Security Solutions to integrate the companies’ products – UltraPoS and idenTT. The combined offering will deliver an enhanced foreign exchange management system, designed to decrease fraud risk and provide significant cost savings for providers of Bureau de Change services.

UltraPoS is the travel money and prepaid point of sale and inventory management system; customers include TUI Travel (Thomson & First Choice), HSBC, Commerzbank, American Express and Hays Travel. idenTT is a reference databank and has been the global leader in banknote and ID verification since 1999. Like UltraPoS, it is fully compliant with Anti Money Laundering and Know Your Customer Regulations. It employs proprietary techniques to verify currency and identity.

The integration of idenTT into the UltraPoS system will allow users to manage the entire lifecycle of their foreign exchange, travellers cheques and prepaid card products electronically, eliminating time consuming and error-prone manual processes as well as authenticate passport and driving licences, a service no other UK verification company provides.

“UK Fraud is at its highest levels since 1995,” says Ray Stanton, managing director, SCL. “Travel agents and bureau de change managers need more than ever to instigate processes and protections to shield themselves from fraudulent activity. Following in the footsteps of the recently formed PROFiT group, we see the integration of UltraPoS with idenTT as a further measure to assist UK agents and retailers in the ongoing fight against fraud.”

Cost-effective and not requiring any hardware installation, UltraPoS can be deployed swiftly to provide a fully integrated travel money point of sale (POS) system, linked to the business’ management information, financial systems and general ledger, providing live rate updates and real-time reporting automatically.

Intuitive and easy to use, staff can be trained on UltraPoS with the minimum of disruption to normal service, with critical reports and data produced at the touch of a button. In addition, SCL’s UltraPoS ensures that users’ are compliant with Anti Money Laundering and Know Your Customer best practice. The system enforces collection of customer data at specific transactional stages, and can check input against Governmental lists of prohibited individuals.

The UltraPoS system was recently introduced across 860 UK branches of travel giant TUI to provide a complete travel money application. The project achieved second place in the Partnership Award category at the 2008 Corporate IT Forum ‘Real IT’ awards.

D.C.

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