Latin America Financial Institution Selects March Networks NVR Systems, Investigation Software

  • Nov 21, 2008
March Networks, a provider of intelligent IP video and business analysis applications, recently announced that a major financial institution in Latin America has selected the company's NVR systems and investigation software for deployment across more than 1,900 retail banking branches and automated teller machines (ATMs).

The company expects to fulfill the order, which is valued at more than CDN $6 million, within the next 12 months.

The financial institution will use the March Networks solution to enhance efficiency by centralizing its security and loss prevention operations across its network. The solution's ATM transaction data integration software, combined with advanced case management tools and high quality video evidence, will help the bank combat fraud and theft. In addition, its remote video management and health monitoring capability will enable optimum performance and reliability.

Designed to help organizations transition to the latest IP video technologies while protecting investments in existing CCTV infrastructure, the solution also supports March Networks' portfolio of VideoSphere IP cameras, encoders and intelligent video analytics. The financial institution can choose to deploy these new capabilities at any time to further enhance security and customer service, and ensure corporate compliance.

"We are pleased to add this leading Latin American bank to the growing list of financial institutions using our solutions worldwide," said Peter Strom, president and CEO of March Networks. "Our integrated video surveillance and business analysis applications provide institutions with the powerful tools they need to address fraud, theft and liability issues, particularly during challenging economic periods."

Featured

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

  • OpenAI's GPT-4 Is Capable of Autonomously Exploiting Zero-Day Vulnerabilities

    According to a new study from four computer scientists at the University of Illinois Urbana-Champaign, OpenAI’s paid chatbot, GPT-4, is capable of autonomously exploiting zero-day vulnerabilities without any human assistance. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West
Most   Popular

Featured Cybersecurity

Webinars

New Products

  • ComNet CNGE6FX2TX4PoE

    The ComNet cost-efficient CNGE6FX2TX4PoE is a six-port switch that offers four Gbps TX ports that support the IEEE802.3at standard and provide up to 30 watts of PoE to PDs. It also has a dedicated FX/TX combination port as well as a single FX SFP to act as an additional port or an uplink port, giving the user additional options in managing network traffic. The CNGE6FX2TX4PoE is designed for use in unconditioned environments and typically used in perimeter surveillance. 3

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions. 3