Author: Andree Bourgeois

Authentix National Fuel Integrity Programs: Enabling Governments to Optimize Tax Revenue, Reduce Carbon Emissions, Improve Fuel Quality, and Fund Public Infrastructure

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Author: Andree Bourgeois

  1. Why do National Governments Rely on Authentix to Implement and Operate National Fuel Integrity Programs?

In the last 25 years, dozens of national governments have selected Authentix to provide the technology and support services to start and operate national fuel integrity programs (NFIPs) with the aim of reducing illicit trade, smuggling, and adulteration of the country’s fuel supplies. Primarily, governments are quick to produce high returns on investments in and enforcement of these programs as illicit trade is reduced, and criminals are no longer able to profit through fraud and tax avoidance. Authentix also appreciates that markets are never static and new threats will always appear. Therefore, we design all our programs around continual improvement to constantly address the changing scope in illicit activity. Additionally, Authentix is committed to capacity building and knowledge transfer striving to empower and train the local workforce in utilizing the best-in-class technology.

Prior to implementing a NFIP, many countries had experienced between 30%-40% total fuels sales coming from illicit activity including several methods of illegal trading such as:

  • Smuggling non-taxed, low-taxed, or subsidized fuels from neighboring countries and selling these as fully taxed fuels.
  • Adulteration (commingling) with off-road, tax exempt, or subsidized fuels and selling as fully taxed fuels.
  • Adulteration/dilution of high-quality refined fuel with substandard or inferior quality products such as kerosene or waste oil and selling to the unsuspecting consumer as high quality, fully taxed fuel.
  • “Round Tripping” where untaxed products destined for export or transit through the country never leave the national borders and are dumped into the legitimate supply chain.

2. The Adverse Effects from Illicit Trade of Fuel Products

In addition to the obvious loss of excise tax revenue to the country from criminals who profit from these fraudulent activities, there are many detrimental outcomes when allowing this nefarious activity to go unchecked including:

  • Lower revenue collection by the government and less public funds for roads, schools, healthcare, and other important infrastructure needs of the citizenry.
  • Possible need for the government to increase marginal or other taxation rates on the citizens to make up the funding shortfalls caused by these fraudulent schemes.
  • Environmental damage and increased air pollution caused by low quality and sometimes dangerous adulterants present in the country’s fuel supply chain.
  • Lower fuel efficiency by vehicles where fuel or oil adulterants can reduce the fuel quality and engine performance standards.
  • Increased costs to consumers and industry via damage to motor vehicles and other motorized equipment caused from use of low-quality oil and fuel adulterants not specified for use by these vehicle manufacturers.
  • Reduction of legitimate and compliant retailers who cannot compete against illicit operators’ reduced cost basis.

3. The Quick Payback to Implementing Authentix NFIPs

In the dozens of NFIPs implemented by Authentix on behalf of governments around the world, the positive impact has been rapid, consistent, and substantial in counteracting these adverse effects and ongoing damages of illicit fuel trading. It is common to see significant reductions in illegitimate fuel in the supply chain within only a few weeks of the program’s inception. In fact, well within the first year of program inception to see previous fuel supply compromise rates easily cut in half and even greater reductions through the remainder of the first year. As the program gains velocity and following successful enforcement activity, it is common to see illicit activity drop below a 5% rate.

In case studies completed on various programs, it was common for the illicit trading of fuels to go from over a 30% compromise rate to less than 5% in a matter of months from enforcement starting. Through continued program operation and ongoing enforcement, countries have been able to sustain these single digit compromise rates perpetually. Given the increased collection of legitimate taxes, the program metrics means the client could easily pay for the initial NFIP investment within a few months. Continued enforcement through suitable legislation then allows these gains to be protected through the life of the program.

For most countries, excise tax collections from fuel sales can be a major component of the government’s budgeted revenue often exceeding over USD250 million in smaller countries and billions of dollars in larger countries. With such large numbers at stake, cutting fuel fraud even a few percentage points can result in a massive return on investment for the government, often more than 20 times the annual cost of the NFIP.  In many instances, Authentix clients have seen fuels excise tax revenues increasing by USD50 million to hundreds of millions per year. In a single client circumstance that was one of the first to institute an Authentix NFIP over 20 years ago, the total recovery of additional funds is estimated to be more than USD2 billion in the last 23 years.

4. The Environmental Benefits of Authentix NFIPs

While most governments are starting to consider implementing NFIPs due to the positive experiences of other countries who have already deployed a program, there are many more returns on investment to be realized beyond the large tax revenue increases. Reducing the amount of low-quality and harmful adulterants in the fuel supply has an immediate and extremely positive impact on air pollution and can allow a country to meet its commitments and be compliant with international air quality standards established through international and cooperative treaties. These treaties, such as the Stockholm Convention enacted in May of 2001, brought most countries together in a global, written pact agreeing to ban harmful Persistent Organic Pollutants (POPS) from being used. Many fuel adulterants being added to dilute legitimate high-quality fuels contain POPs, or precursors to POPs and are harmful to air quality and toxic to humans. By eliminating these adulterants from the fuel supply the government is also reducing air pollution.

With an Authentix NFIP, the chemical and covert markers to track and identify the fuel to confirm compliance do not affect the quality of the marked fuel and are environmentally safe. In fact, the proprietary and patented covert markers used by Authentix in these programs are made from Carbon, Hydrogen, Oxygen, and Nitrogen (CHONs) which are already compositional elements of high-quality diesel and petrol fuels today. Further, these covert markers are added to the fuel supply at extremely low concentrations, often at a low parts per billion (ppb) level. To fully understand and visualize something at, say a concentration of 10 parts per billion, imagine starting a trip to fly from Eastern Asia to the tip of South America, which is approximately 14,000 miles. As you begin the journey, you take a half step to pick up your bag. You have now traveled 10 parts per billion of the planned trip, just a distance of 8 inches out of the total 14,000-mile journey.

5. Authentix NFIPs Save Consumers and Vehicle Manufacturers Money

Authentix fuel markers cause no harm to combustible engines and are also approved for use in the fuels for many of the world’s largest branded fuel companies. Unfortunately, this is not the case for harmful adulterants and other oil waste products added to fuels through illicit trading. In today’s modern vehicles, carburetors, fuel injectors, real time oxygen sensors, catalytic convertors, exhaust filters and other expensive, computer controlled electronic components are all precisely engineered to work with specific fuels having minimum quality thresholds for composition including those able to utilize fuels containing percentages of ethanol. However, as non-fuel hydrocarbons and other substandard chemicals are intentionally added to dilute quality fuels for profit seeking, vehicle fuel systems and other components can be severely damaged even resulting in catastrophic engine failure. These costs are extremely high for both consumers and vehicle manufacturer warranty claims in countries experiencing prominent levels of fuel adulteration.

While many consumers try to purchase fuel from reputable retailers it is next to impossible to know if the quality of any fuel being dispensed to a vehicle meets the minimum government and vehicle manufacturers requirements. And it is not just the retailers who are suspect in these cases as even the most high-quality and well-intentioned branded fuel retailers can fall prey to the illicit wholesale transporters and distributors involved in fuel adulteration and supplying these retail stations. Regardless, implementing an Authentix NFIP is the first important step to improving overall fuel quality by eliminating these harmful adulterants and reducing repair and warranty costs to the consumer.

6. The End Result to Enacting a NFIP? It is the Citizens Who are the Ultimate Winners

While increased tax revenue and high return on program investment is an immediate and clear benefit from an Authentix National Fuel Integrity Program, it is the common citizen and consumer that ends up benefiting the most. With the increased excise tax revenues for the government, there is less reliance on taxation of consumer income or use tax that often becomes necessary to replace the lost revenue from illicit fuel trading. Also, as fuel quality in the country improves from less mixing of low-quality adulterants into the fuel supply, fuel efficiency improves, and costly repairs and unforeseen maintenance issues diminish. Citizens have improved air quality and governments have more resources to build improved highways, airports, and other infrastructure projects necessary to improve the quality of life for all its constituents.

7. Selecting the Right Solution Provider for NFIPs Makes all the Difference. With the Most Fuel Authentication Projects in the World, Authentix is the Market Leader and The Authority in Fuel Authentication

Authentix is the market leader in Fuel Integrity Programs with over 25 years of experience and more active National Fuel Integrity Programs deployed than any other company. Providing our clients with the most sophisticated marking technology, cloud-based software suites, mobile applications, supply chain management tools, documentation, and more is our only focus. Our driving purpose is to create a world of confident commerce and ensure the safety and integrity of products purchased by consumers and companies every day. For more information, please visit our website at www.authentix.com or contact us at info@authentix.com.

Download White Paper PDF

Authentix Supports Pakistan Flood Recovery Efforts

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Author: Andree Bourgeois

The floodwaters that have ripped through Pakistan since mid-June has left a third of the country underwater and more than 1,300 people killed. Pakistan’s government has reported that approximately 33 million people have been affected by the extreme weather and over $10 billion in damages has been incurred thus far.

Officials have concluded that human-made climate change is linked to the ‘monster monsoon’ and have described it as a ‘climate-induced humanitarian disaster of epic proportions.’ Floodwaters have also swept away homes, crops, and roads and bridges, as weeks of historic rains fueled deadly flash floods.

Although rains have stopped and floodwaters in some areas are receding, many parts of the country are still underwater, and Pakistan remains in dire need of urgent aid. Guided by its core operating principles and social responsibilities, Authentix is committed to helping the community of Pakistan and has made a USD10,000 donation to Al- Khidmat Foundation to support flood recovery efforts.

Zafar Masood, the General Manager of Authentix-Pakistan stated “This is an unprecedented and devastating disaster for the people of Pakistan. We appreciate organizations like the Al-Khidmat Foundation who mobilize during times like these and provide humanitarian assistance and bring relief to the many lives affected by this tragedy.”

The Al-Khidmat Foundation is a leading, non-profit, value-based organization, fully dedicated to humanitarian services for the people of Pakistan since 1990. From day one, Al Khidmat Foundation Pakistan disaster response teams have been on the ground across flood affected areas, rescuing lives and livelihood and providing relief assistance including cooked food, dry ration packs, tents, medical aid and other non- food essential items.

Social Selling Has Empowered Counterfeiters: How Can You Fight Back & Protect Your Brand?

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Author: Andree Bourgeois

By Bharat Kapoor, Vice President of Online Brand Protection, Authentix

With online sales continuing to surge, companies are focusing on digital marketing and advertising products through various social media channels.

Not only has there been a rapid shift towards sales through online channels as a result of Covid-19, with corporations such as L’Oréal for example reporting a 62% increase in online sales across divisions and regions, the marketing of products through influencers has also experienced a dramatic uptick with the influencer marketing industry estimated to be worth US$9.7bn in 2020.

However, according to a report published by Instagram, 20% of the posts associated with top brands on social media featured counterfeit or illicit content.

The way customers interact with brands has been changing over time with two factors driving that change. One is technology where you have omnichannel sales and you’re getting messaging from social media feeds, e-commerce, marketplaces, influencers and so on. Customers buying products online also have access to delivery infrastructures that haven’t before existed in the way they do today. For example, if you buy something on Amazon in Southeast Asia, Asia or the US, it can come to you within hours. And what counterfeiters really take advantage of is exactly that: they find places where it’s easy for them to promote and sell anonymously and use this delivery infrastructure that’s been created by other legitimate businesses who have invested billions and billions of dollars in e-commerce.

The second thing that is helping smooth the path for piracy are payment systems that make it possible to move funds cross-border seamlessly, which are often associated with e-commerce and the rise of China’s cross-border ‘daigou’ trade. Via this method, counterfeiters will attempt to use the pricing gap between retail prices and grey market products to sell counterfeits.

Today, with the various means of transacting, getting money from someplace in Europe into China is also instant. This type of financial structure unfortunately is geared up to benefit fraudsters.

What we’ve seen is cross-border e-commerce channels becoming extremely popular because they offer crazy discounts. These deals are backed by sellers in a foreign country that will be responsible for delivering the product once a transaction is completed. For example, we found and investigated sellers in Singapore that have no inventory and they simply place a back-to-back order when they receive an order. This makes it more complicated for the police to take criminal actions against such sellers.

For the cosmetics industry for example from a brand perspective, it’s not only about counterfeiting, which may be 30-40% of the issue. But you will also find infringers using other brand assets – films, photos, design patents, a wide spectrum of IP – to sell a particular product that could be a counterfeit, or even a lookalike product.”

Finding Out Who’s Selling Fakes

SIPI has a unique strategy for discovering the online vendors who are responsible for dealing in counterfeit products and those dealing in legitimate goods via its proprietary online monitoring and enforcement solutions. The aim is not only to protect clients’ brand image and copyright, but also their customers and reputation.

SIPI uses machine learning-based algorithms to scale up analysis and identify hidden trends in data gathered both online and offline to identify high-value targets.

The process begins with data gathering, in which SIPI scrapes data for clients’ brands from around 500 different e-commerce marketplaces and social media platforms. This data is fed into its online platform for risk screening and risk-scored by SIPI’s proprietary algorithms, under which over 30 parameters (including price, images, keywords, customer reviews and seller activity) are taken into account.

In terms of the algorithms, you must approach your research and your study of a potential infringinglisting by looking at the listing in the wider context. It is sometimes quite difficult to identify a counterfeit product just by looking at the listing, because legitimate brand owners may also sell their products at discounted prices. They have other channels and many other ways of selling. So, you can’t just say that the price of a product being 30% or 40% below average is, alone, an indication of it being counterfeit.

You must be more diligent in terms of your assessment of a seller. And that’s what SIPI has trained our algorithms to do – to know what else to look at online. For example, you can look at customer comments, store rating, how old the stores are and the types of products that you see the store selling, such as luxury goods alongside very generic products, which may be viewed as being suspicious.

To identify offline targets, high-risk sellers are further investigated to create seller and product clusters, the name for groups of sellers concentrated in a region or dealing in a single product. A complete digital profile is created for high-value targets after which these leads are shared with an offline investigator for further investigation and action. The remaining infringing listings are reported to the respective marketplaces and social media platforms for takedowns.

SIPI currently protects over 200 brands and maintains a 94% success rate across platforms. While it strives to have a 100% success rate, certain major marketplaces in China and Asia make it extremely difficult to file complaints against each and every counterfeit instance.

And it is not simply a case of either how sophisticated or poorly-made the fake products are as to whether these are blatantly obvious versions. There are multiple avenues for illicit commercial activity.

SIPI has noticed a sharp increase in the number of sellers claiming to manufacture products and supply packaging materials that support the counterfeiting trade. There are also cases of verifiable and legitimate products being sold illegally.

Looking Forward

Given the wider e-commerce environment playing so well into counterfeit sellers’ hands, we believe the combination of Authentix and SIPI’s expertise comes at a beneficial time for brand clients. The acquisition of SIPI by Authentix increases the scope of its offerings to brand protection clients by integrating digital security technologies and online anticounterfeiting and content rights services for an end-to-end, comprehensive brand protection solution.

SIPI provides clients with solutions to digitize their supply chains and uses investigation techniques to determine instances of counterfeiting and diversion while attempting to keep the internet free of fakes by building effective online enforcement programs.

For a limited time, SIPI is offering a free online brand risk analysis to qualified brands. More information can be found here.

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Cosmetics Business Magazine

Authentix Partners with Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub in Green Fuel Assurance Initiative

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Author: Andree Bourgeois

August 23, 2022 – Authentix has been selected to partner with Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub in a feasibility study on the assurance of green fuel in the maritime industry.

Recognizing the need for the global maritime industry to transition to fuels with lower greenhouse gas emissions such as green ammonia and hydrogen, Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub identified approximately 30 companies with technologies that could play a role in assuring the well-to-tank supply chain for green fuels. After a final vetting process, Authentix and TYMLEZ were selected for the partnership.

Authentix Vice President Jim Seely commented on the partnership, “Authentix is excited to be selected as a key partner for this important project for the Maritime industry to reach its goals of overall reduction in carbon emissions. As these innovative green fuel sources are utilized, it will provide a substantial impact towards that cause. We will endeavor to be on the cutting edge of technology development ensuring these new fuel sources can be properly verified and tracked by industry and government to prevent illicit trading and adulteration in the future.”

For more information about the feasibility study and the Authentix partnership, read the press release from Safetytech Accelerator.

Authentix, Inc. Signs Ten-Year Contract with Botswana Unified Revenue Service to Provide Marketplace Governance Program for Digital Marking and Tracking of Tobacco and Alcohol Products

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Author: Andree Bourgeois

Addison, Texas & Gaborone, Botswana—August 2, 2022—Authentix announced today it has signed a 10-year contract with the Botswana Unified Revenue Service (BURS) for a fiscal marking and digital tracking solution for tobacco and alcohol products sold in the country.  This digital tax stamp program is aimed at preventing illicit trade and counterfeits while also ensuring that citizens receive genuine and safe products.

The new digital track and trace system will boost tax revenue collections levied on manufacturers and importers by increasing industry compliance, reducing illicit trade, and preventing the underreporting of volumes.  The new contract covers the marking and digital tracking of an estimated 500 million product units per year.

Authentix TransAct™, a secure SaaS-based IT data platform, along with direct printing of secure, serialized digital product codes will combine to form the industry’s leading high security digital tracking and enforcement solution.  The system will reduce and deter fraudulent activities – protecting the public from the harmful effects of contraband and ensuring a level playing field for all legitimate industry stakeholders. The countrywide program will encompass implementation, training, technical support, hardware installation, ongoing maintenance, and program management provided by the Authentix-Botswana Operations Office.

Kevin McKenna, Chief Executive Officer of Authentix, commented “We are delighted that BURS selected and trusted us to implement and manage the country’s first and very important digital tracking solution for these products.  We look forward to working with BURS and implementing the program to help quickly realize the many benefits for the citizens of Botswana.”

Collaborating with governments around the globe, Authentix Marketplace Governance programs have helped ensure the authentication and traceability of products while recovering billions of dollars in tax revenue.

About Authentix:

As the authority in authentication solutions, Authentix thrives in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks, and commercial products, ensuring local economies grow, banknote security remains intact, and commercial products have greater market opportunities. The Authentix partnership approach and proven sector expertise inspires innovation, helping customers mitigate risks, grow revenue, and gain competitive advantage.  Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the US, UK, Saudi Arabia, Asia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

NEWS FOR IMMEDIATE RELEASE
Media Contact:
Kent Mansfield
Chief Sales and Marketing Officer
kent.mansfield@authentix.com
 

The Sum of Its Parts: Well-Curated Authentication Technologies in the Fight against Illicit Trade

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Author: Andree Bourgeois

By the Authentix Brand Protection Team

Whether you’re a brand owner protecting a commercial product or a government authority issuing critical, high-security documents, you’re continually faced with the ongoing challenges of combating illicit trade and counterfeiters.

To counter these constant attacks on legitimate industry players, high security authentication solutions are needed to safeguard the integrity of global commerce and can include both physical and digital security solutions. Security can be added to documents, products, and product packaging or labels. In addition to adding these security features, the more advanced and effective authentication programs should also include track and trace capabilities that allow the tracking of protected products throughout the supply chain.

With a comprehensive and well-curated authentication program, brand owners and governments can take a more proactive approach to protecting consumers from potential health and safety issues and themselves from the financial impacts of counterfeiting and diversion.

Product Marking: The Foundation

Physical marking solutions can range from simple yet effective to highly sophisticated and extremely secure. A typical marking ‘toolkit’ consists of four basic elements, each of which performs a different function, ranging from detection, prevention, deterrence and engagement.

  • Tamper Evident – cannot be opened and reapplied without visible damage, therefore deterring and preventing nefarious actors from interfering with the product
  • Overt – visible to the eye and hard to copy, which deters from and ultimately prevents attempts to mimic the feature due to the high barrier to entry both from a cost and from a technical point of view
  • Semi-overt – visible to the eye upon performing a simple action, which means the brand owner can choose when to change a feature from covert to overt by timing the invitation to the public to engage in the authentication of the product
  • Covert/forensic – invisible to the eye, detectable using a hand-held device (covert) or laboratory equipment (forensic); being invisible, covert and forensic features do not prevent counterfeiting, but they facilitate unequivocal and quick in-field verification of authenticity and detection of counterfeits.

A combination of these features presents the most water-tight strategy against a number of illicit trade activities including counterfeiting, diversion, and infringement. To ensure successful implementation with minimal impact to current processes already in place, the most effective approach is to integrate the application of security features into existing processes within your manufacturing and vendor base, whether it is printing, labels, tamper evident seals or specialized overt and covert inks, using existing materials and packaging designs.

Going Digital: Connecting your Asset to the Cloud

Product marking is the foundation that supports digital security technologies, given that the physical form of digital identifiers can be validated when combined with robust printed security features.

Products become digital touchpoints by adding unique, item-level digital identifiers to the product or its packaging. Unique identifiers can be delivered in various formats such as overt or covert Datamatrix codes, QR codes, human readable alphanumeric codes, or embedded NFC chips, added to any part of the product or packaging or other carrier vehicle. These digital identifiers can also be embedded into an existing code format or added as a covert ‘twin’ of a visible code in cases where codes are at risk of being removed in an unauthorized attempt to destroy the traceability of the product.

In general, there are three main users of this technology:

  • Supply Chain Participants – manufactures, distributors, 3rd party logistics
  • Inspectors – a brand’s internal team, local law offices, law enforcement and customs agents
  • Consumers/e\End-Users – for authentication verification and engagement

What’s Next: Using your Connected Asset to your Advantage

Connected products are typically used in three different ways and for different objectives. These include journey tracking, authentication and consumer engagement as shown in this graphic.

 

Driven by a rules engine that is calibrated by the brand owner or government, each of these paths direct critical data back to them in the form of actionable insights and analytics that are leveraged for strategic decisions across multiple agency focus areas or corporate functions, such as legal, operations, supply chain, marketing and others.

Examples of data that can be gleaned include locations of suspicious activity, excessive scan volume, geo- fence violations, multiple scans/single ID alerts, top scanned codes, and more.

The Role of Data: Collect, Analyze, Act, Share

There are many areas in which data can prove exceptionally meaningful. These include:

  • Secure mark: validates if the product is genuine or fake
  • Distribution: routes, port of entry, freight forwarders, dates, etc.
  • Illicit activity: captures and ear-marks products/codes that are suspected as counterfeit or diverted
  • Source: increasingly important raw materials and components
  • Product: records product make or model, part number, batch and quality control data
  • Production: captures manufacturer, date and time of production
  • Location: identifies where was the product made, shipped, sold, or scanned
  • Consumer: opt-in driven consumer intelligence, contact data, location of scan, device, engagement

This data can easily be shared across internal teams, with law enforcement and customs, and used for benchmarking and best practices in discussion with other brands.

Examples of client dashboard in the Authentix DigiTrax™ platform

 

In summary, both physical and digital technologies play an important role in the fight against illicit trade. Creating digitally connected products turns them into valuable tools for inspection, reporting and communication. When leveraged to its full functionality, the combination of physical and digital technology is a game-changer for our industry.

To learn more about Authentix brand protection solutions, visit authentix.com.

Inspector-Led Authentication – Whitepaper Download

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Author: Andree Bourgeois

Protecting your brand from counterfeiters should be easy, right? One would think but the Brand Protection conversation can be a challenging one within a product organization. You need an effective anti-counterfeit solution that incorporates both emerging technology and data analytics to start the conversation.

In this whitepaper you will learn what is needed to develop an anti-counterfeit plan:

      • Evolving role of the consumer in authentication
      • Internet of things, data aggregation and actionable insights
      • Improvements in inspector-led tools
      • Return-on-investment paradox









Authentix, Inc. and FAS Authentication Ltd. Win Fuel Marking Contract for Securing Transnet Fuel Pipelines

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Author: Andree Bourgeois

13 April 2022 – Authentix and FAS Authentication have been awarded a contract to pilot marking and securing fuel being delivered through Transnet Pipelines (TPL), the largest multi-product operator in Southern Africa. The technology will allow TPL to mark and trace petroleum products in their custody and support authorities in taking enforcement action if product is stolen or diverted. The scope of the program includes supplying proprietary covert chemical markers to differentiate fuel streams under TPL’s custody from the intake to delivery point. Transnet will test the performance of the tracing technology during this contract period and decide if further expansion of the program is warranted.

Transnet Pipelines transports approximately 17 billion litres of hydrocarbons and methane-rich gas through a network of over 3,000 km of petroleum and gas pipeline infrastructure. Naturally, challenges exist in protecting the integrity of these fuels during transit. TPL has witnessed an alarming increase in the frequency of product theft. These illegal activities cost the government and major fuel companies millions of Rand – as well as threaten the environment, health, and safety of South Africans.

As part of this pilot contract, the Authentix/FAS consortium will manage all in-country logistics for the program including security, warehousing, personnel, and infrastructure as well as the application of the core technology, enabling hardware, and custom analyzers. The solution will include the Authentix Information System (AXIS®), a cloud-based data information platform, to enable tracking, compliance, and enforcement when illicit or stolen fuel products are found in the supply chain. This fuel integrity system will provide fuel product authentication via inert and environmentally friendly technologies.

Authentix’s fuel integrity programs have helped dozens of national governments and international corporations to recover billions of dollars in lost revenue due to illicit trading and theft.

Authentix® UK Ranks #6 on York’s Top 100 Business List

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Author: Andree Bourgeois

ADDISON, Texas, 8 April 2022 — Authentix, the authority in authentication and information services, has been ranked sixth in York’s Top 100 Businesses in an annual report published by The Press in conjunction with its partners, York St John University and City of York Council.

Moving up in three years from 50th to now 6th in York’s Top 100 Business List, the York-based Authentix team is proud to be a part of this list of significant businesses that have remained committed to investing in the local York economy. According to York St John Business School, a custom algorithm takes into account performance indicators such as turnover, profit, size and growth to determine the businesses that are key contributors to York’s professional landscape.

“We are honored to be a thriving part of the York business community. Being recognized in the York Top 100 Business List is a testament to our continued rapid growth and moreover to the Authentix team and all of our employees worldwide who are focused on our clients and helping to create a world of confident commerce,” said Kent Mansfield, Chief Sales and Marketing Officer. “Being named in the top 10 of these 100 excellent companies for two consecutive years, is an honor and our team is motivated to continue our company’s strategic focus to expand our reach as a global organization while still being grounded to the local communities we serve.”

The top 100 businesses were featured in a special supplement publication that was distributed along with the April 5th issue of The Press. The top businesses who were honored gathered at the university to launch the issue, network, and toast to the diverse range of businesses in York.

About Authentix:

As the authority in authentication solutions, Authentix thrives in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks, and commercial brand owners, ensuring local economies grow, banknote security remains intact, and branded products have robust market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks, promote revenue growth, and gain competitive advantage.

Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the North America, Europe, Middle East, Asia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

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Strengthening Our Systems to Better Protect Yours

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Author: Andree Bourgeois

Thank you to SAP and Seidor for featuring Authentix in a recent success story detailing our journey to harness the power of SAP Business ByDesign for real-time insights, accurate reporting and consistent data across our rapidly growing organization.

 

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