Spectra Systems Corp. engages in the provision of technology for secure transactions, banknotes and, electronic gaming. The Authentication Systems Group captures the hardware, software, and materials related to banknote, tax stamp, and other high value goods. The Secure Software Transactions Group provides Internal Control System (ICS) software offering to the lottery and gaming industries that is used for fraud detection, money laundering, match fixing, and statistical analysis. The Banknote Cleaning Group focuses on the technology related to cleaning soiled banknotes. The company was founded by Nabil M. Lawandy on July 3, 1996 and is headquartered in Providence, RI.