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TeraCorp Enterprises Partners with M2SYS Technology Providing Added Security to the Check Cashing Community

09-18-2007 03:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TeraCorp Enterprises, Inc

TeraCash Check Cashing Solution now fully supports fingerprint biometrics security using M2SYS Technology, the leading provider of fingerprint security technology

FLORIDA, September 15, 2007 – TeraCorp Enterprises, a leading provider of check cashing and verification solutions, has partnered with M2SYS, integrating their Bio-Plugin(TM) fingerprint security system into its release of TeraCash, a cutting edge check cashing system.

Bio-Plugin(TM) enabled TeraCorp to seamlessly integrate a complete fingerprint recognition system, including a high-performance 1:N identification engine into their TeraCash solution. Bio-Plugin(TM) eliminates the system dependencies, extensive development, and specialized knowledge of biometric complexities inherent to fingerprint SDKs.

“This is a technology that is quickly becoming the norm with the MSB industry as a means of both security protocol, as well as expediting the processing time required to cash an individual’s check”, states Terren Posey, President and CEO of TeraCorp Enterprises, Inc.

TeraCorp is always aiming to provide the latest in technologies to their customers where they apply to the MSB and check cashing industries. This is one more step that will help to separate the TeraCash product from many of the competition and by partnering with the leading biometrics provider, it is sure to be a positive venture for all involved.

“TeraCorp is proud to be working in partnership with M2SYS Technology to help provide the ongoing need for security – especially where it comes to identity theft. We feel that this technology will help our customers greatly to prevent fraud in several ways. The most basic way being little more than simple intimidation.”

TeraCorp Enterprises, Inc.
Nick Posey
Chief Technology Officer
(407) 574-4309 ext. 101

About TeraCorp Enterprises
TeraCorp Enterprises, http://www.teracorpinc.com , is a forward thinking computer software company specializing in developing check cashing solutions for virtually any sized business. Its portfolio includes TeraCash (TM), a highly robust and user-friendly check cashing solution as well as CheckGuard (TM), a fully-automated service which provides its users with everything from company lookups, to national check verification and authorization.

About M2SYS Technology
Recipient of Frost & Sullivan’s 2007 Biometrics Technology Innovation of the Year Award, M2SYS Technology, www.m2sys.com, is a recognized industry leader in fingerprint identity-management technology, delivering a variety of customized, fully-functional, turn-key fingerprint readers and software solutions for businesses and consumers.

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