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Traynor and a crew of five other College of Florida researchers partnered with retail giant WalMart to check their technology, which Traynor reported could be quickly and really cheaply integrated into stage-of-sale systems at retail shop hard cash registers.
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Traynor mentioned checks point out their engineering can detect cloned lender cards with practically zero Phony-positives. In reality, if the University of Florida team initially commenced viewing positive final results from their method, they initially pitched the approach as a way for banks to cut losses from ATM skimming and other forms of credit rating and debit card fraud.
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