System and method for transaction security

An access control device that allows or denies access a transaction comprising:

• a housing;
• at least one personal identification input port attached to said housing, said personal identification input port receiving at least one identification parameter from a person seeking access to said property;
• a database associated with said device wherein said personal identification parameter is stored in said database;
• a decision means associated with said device for allowing or denying access to said presentation or transaction based on said identification parameter;
• a recording means wherein every access to said transaction is recorded and tracked.

A method for controlling fraud in a transaction comprising the steps of:

• placing an access control barrier restricting access to said transaction;
• defining a class of persons allowed access to said transaction and predefining a role for each of said persons allowed access;
• accepting biometric identification data from each person desiring access to said transaction;
• verifying the identification and role of said person and generating an access authorization across said barrier into said transaction in said role;
• recording a date and time of access along with said identification of said person and said role;
• recording activities associated with said transaction performed by said person gaining access;
• sharing a record of activities by said person allowed access to other persons allowed access into said transaction.