Security company Smiths Detection has introduced its latest automated detection algorithm, designed to help tackle money laundering.
The currency recognition software iCMORE Currency can detect upward of 100 banknotes in US Dollar, Euro and Saudi Riyal denominations, either rolled or stacked in hand luggage and daypacks.
iCMORE Currency seamlessly integrates with the HI-SCAN 6040aTiX, HI-SCAN 6046si, HI-SCAN 6040-2is, HI-SCAN 6040DV, HI-SCAN 7555si and HI-SCAN 7555aTiX and will support customs and security operators at border crossings, airports, cross-border railway stations, cruise lines and ports, the company said.
According to the United Nations Office on Drugs and Crime, the estimated amount of money laundered globally in one year is more than $2 trillion. Bulk currency is hard to distinguish from other organic objects in an X-ray image for example, embedded in a bar of soap, making it difficult for security operators to detect.
Elsewhere in the iCMORE family, Smiths Detection has now made iCMORE Weapons available for its entire conventional X-ray (CXS) and explosives detection systems fleet. The application of iCMORE Lithium Battery has also been extended to all HI-SCAN 100100 scanners, including the single view HI-SCAN 100100V/T system and HI-SCAN 100100V/T-2is. Smiths now offers more than 50 iCMORE algorithm combinations.