What is CCT-Bank?

CCT-Bank solution protects banks checks, bonds, legal agreements, financial statements and any valuable banking physical and electronic documents against any type of fraud, counterfeit and forgery. CCT-Bank enables the bank system to control, monitor and track the current status of these documents anywhere, anytime in real-time. This feature provides a tool to steer the national economy, effectively manage any potential economic crises. It provides a tool to effectively and efficiently manage the country monetary status.

 

CCT Bank Mission:

Enabling Banks and Financial Institutions to protect their Checks against counterfeit activities by introducing a highly authenticated, secured, traceable and monitorable Smart Checks that are easily and securely verified from anywhere worldwide with instant results, saving time, efforts and cost with 100% fraud detection system.

 

The Technology:

CCT system uses the most advanced coding system such as AC-QR codes, Block-chain technology, RFID, and cloud computing to secure checks and documents and enable instant verification process with 100% effectiveness from anywhere worldwide.  CCT allows for Traceability, Tractability and Control by the issuing institute using a user friendly portal.

 

Types of Counterfeit detection:

CCT-Bank solution allows for the detection of fixed Non-Variable forgery such as organization’s name, address, signature, account number, stamp etc.

It also allows for the detection of Dynamic Variable forgery such as the payee information, the payment amount, the data, type of check, and more. 


CCT solution is capable of detecting forgery and counterfeit even in the case of altering the physical data on the check and the electronic data on the storage server simultaneously. Our system discovers and detects forgery made simultaneously to the document and to the data stored. 


What does CCT-Bank do?

  1. Protect checks from any counterfeit or fraud utilizing a combination of Block Chain, Anti-counterfeit QR (AC-QR) and Cloud computing Technologies to perform online real-time verification with 100% accuracy.

  2. CCT system creates a unique AC-QR code on the checks, which is used to detect any forgery or counterfeit made against the check.

  3. Traceability of checks starting at the time of creating the check until the final clearing of the check.

  4. Full control and edibility of the check by the issuing bank and/or the check owner without loss of history such as the ability to edit the information, temporary halt it or completely nullifying it.

5. Complete control and tracking of Check Endorsement process (Giro).

6. Complete cash flow control and monitoring by central banks.

7. Protection against fraud, money laundry, and bad banking behavior

8. Statistical data analysis and reports through a dynamic dashboard.

How does CCT-Bank work?

 

Three simple stages:
Stage 1 is document production with encoded information
Stage 2 is check issuing
Stage 3 is real-time online verification

Stage 1: Production
CCT-Bank program uploaded on clients document production server, CCT-Bank works behind the scene as client request document production, it automatically generates encoded AC-QR code with the programed information. Once the document is printed it securely uploads the original static information to client server/cloud with both meta-data and scan of the original document. The bank delivers the AC-QR protected checks to customers.

 

 

 

Stage 2: Issuing
Customer fills in the necessary dynamic information on the check and signs it as usual, then scans the AC-QR code on the check suing smartphone application and follow prompts to fill confirmation data and scan of check which seamlessly uploads into the server.

Stage 3: Retrieval & Verification
Anytime anywhere worldwide when needed to authenticate and verify encoded document, the end-user - per authorization leve l- will simply utilize CCT special iVerify application to scan the coded AC-QR document with instant online real-time results. Verification and Authentication are instant, with most updated changes if any.

CCT-Bank utilization benefits

• Document/Product preservation, Counterfeit and Forgery detection
• Trusted and inimitable…100% protection
• Verification and Authentication is simple andreal-time
• Update with traceability and tractability
• Statistical Data Analysis
• Full Archiving system and ease of retrieval capabilities
• Making corporate life a bit simpler

• Improving document credibility to the highest level
• Decreasing Operational Costs and Improving Sustainability
• Improving Turn Around Time of activities
• Enhancing national economic sustainability by protecting products and documents
• Building trustworthiness within processes improving standards of interactions.
• Counterfeit Free Society

All CCT iVerify apps are easily available on Apple stores, Google Play, Windows store for applicable Computers, Phones or tablets.

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