Kenneth Carnesi, Board Member of The Lazarus Organization announced today that Monkeetech,LLC , a client of The Lazarus Organization, has expanded coverage of its patent pending Credit Card Fraud Prevention System by including biometric technology.
Mar. 22, 2013
Kenneth Carnesi, Honorary Board Member of The Lazarus Organization, announced today that Monkeetech, LLC, a software developer and recent client of The Lazarus Organization, has taken steps to expand the coverage of its patent pending Credit Card Fraud Prevention System.
â€œThis unique patent pending system developed by Monkeetech, LLC represents an opportunity to serious curtail credit card fraud, which has grown to become a multi-billion dollar problemâ€ states Kenneth Carnesi. â€œWe have a number of serious suitors already interested in working with Monkeetech,LLC to bring this system to the market for immediate implementationâ€. The Monkeetech, LLC system works at the point-of-sale and unlike any other existing systems, incorporates technology to memorialize and store the identifying elements of the fraudulent transaction and the perpetrator. â€œThe deterrent factor incorporated into this system is what really sets it apart from anything else on the market today.â€
Mr. Carnesi went on to say that â€œMonkeetech,LLC has now recently filed to further incorporate optional biometric technology into their already innovative Credit Card Fraud Prevention System and the result is astonishingâ€
The Lazarus Organization is a Â private international business consulting firm with offices worldwide. The Lazarus Organization specializes in the oil & gas and telecommunications industries and investments in the emerging markets. Mr. Carnesi was appointed as an Honorary Board Member of The Lazarus Organization in July 2012.