Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security

Serving 19 of the top 20 U.S. based financial institutions, Convergint completes approximately 270,000 service requests in 2022

Convergint has announced that its financial sector business achieved significant growth throughout 2022/2023. To meet customer demand, nearly 200 new technical colleagues were added to the team in the past year—including service and installation specialists dedicated to supporting the security, self-service and bank equipment needs of Convergint’s bank and credit union clients. This milestone comes on the heels of Convergint’s inaugural Voice of the Customer Benchmarking Survey, which revealed a critical need for increased collaboration between physical security and information technology teams as organizations, including financial institutions, prioritize security.

As the demand for advanced security systems in the financial industry continues to grow, the emerging technologies that maintain branch uptime by maximizing security and automating processes are evolving in response. Convergint works with two thirds of the top 100 banks and credit unions in the United States—and in 2023, more than 1,500 Convergint colleagues across 185 locations served over 1,500 financial institutions globally, including 19 of the top 20 financial institutions in the United States. By combining Convergint’s expertise in these technologies with its colleagues’ dedication to being their customers’ best service provider, the systems integrator is helping financial institutions optimize security and operational efficiencies while simultaneously enhancing the consumer experience.

“Convergint is helping financial services customers directly integrate the latest technologies and innovations—including cameras, sensors, AI/ML, and more—into existing infrastructures to ensure the best protection and service. We’re honored that our services are used in one-in-three bank branches in the U.S.,” said Kevin Sheridan, vice president, Financial Vertical at Convergint. “Employee and customer safety remain a top priority for our customers in the financial industry, and we pride ourselves on following four key values to provide the best service to our customers: excellent execution, a comprehensive portfolio, transparency with customers, and a strong commitment to our Values and beliefs.”

The financial sector is a critical area of growth for Convergint. In addition to its significant colleague and customer base, Convergint continues to expand the services and technologies it offers to meet evolving needs, including:

  • Convergint’s Remote Branch Insight, a remote service offering KPIs, dashboards, and reporting to help improve branch self-service and cash automation performance, reduce maintenance costs, and streamline equipment management.
  • Advanced teller-facing and user-facing financial self-service technologies—including ATMs, ITMs, and cash recyclers—to enhance operations, increase efficiency, and reduce costs.
  • Preventative maintenance, repair, and professional remote support for security and financial self-service equipment.

Featured

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

  • AI Used as Part of Sophisticated Espionage Campaign

    A cybersecurity inflection point has been reached in which AI models has become genuinely useful in cybersecurity operation. But to no surprise, they can used for both good works and ill will. Systemic evaluations show cyber capabilities double in six months, and they have been tracking real-world cyberattacks showing how malicious actors were using AI capabilities. These capabilities were predicted and are expected to evolve, but what stood out for researchers was how quickly they have done so, at scale. Read Now

New Products

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge.

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation.