R. Bruce Reeves
CEO – The AssureTec Companies
Speaks at ID WORLD on Anti-counterfeiting
R. Bruce Reeves, Ph.D. serves as CEO and Chairman of AssureTec Systems, Inc. (Manchester, NH), a leading supplier of advanced identification document reading and authentication systems. He holds a doctorate from Johns Hopkins University and has over twenty-five years of experience in start-up ventures, and has spent over ten years in high-tech business and product development, including five years with General Electric Company on several business development operations. He has been a principal in several high tech start-up companies and several syndicated real estate partnerships. In 1998, Dr. Reeves successfully led the acquisition of Meridian Instruments, a leading developer of laser based imaging instrumentation.
“The role of identity document forensic screening in preventing identity fraud and enhancing best practices compliance in financial services”
Despite the emergence of enhanced technologies used to protect state issued passports, documents and smart cards against forgery and alteration, enrollment methods and best practices continue to fail to keep false identities out of new enrolled accounts and transactions. As a result, banks and financial services institutions continue to be exposed to both losses associated with identity fraud as well as to significant penalties for failure to comply with international anti money laundering abuse.
Account opening using commercially available forensic document screening methods when combined with best account opening practices can lead to improved compliance and improved profits.