PROCESS AND SYSTEM FOR THE MATERIAL REDUCTION OF COUNTERFEIT AND IDENTITY MAKER FRAUD

摘要

A method, system and product for the material reduction of counterfeit and identity/maker fraud as it relates to payment vehicles and other authentication-requiring documents. The authentication system allows an institution to apply a code comprising relevant elements of an end-user to an authentication-requiring document. The authentication system allows institutions to validate the authentication-requiring document at the point of presentment. The authentication system is stand alone and self-authenticating, allowing institutions to include the method, system and product anywhere in the institutions' document verification or manufacturing process.