For more than 75 years, GECU, an El Paso, Texas, credit union, has served its members and developed into El Paso's largest locally owned financial institution, with more than $1.2 billion in deposits and $1.4 billion in assets. As it continues to grow with 15 locations, including branches and new satellite centers in local schools, GECU holds true to its mission statement: People helping people.
- By Richard Lisko
- Mar 04, 2010
Looking ahead to 2010, Unisys predicts that government and commercial organizations will take a more proactive approach to security, implementing new measures to verify identity and protect confidential information. Financial institutions and defense agencies will lead the charge, with ports and other organizations quickly following.
Verint Systems Inc. recently announced that Union Bank, N.A. is using its comprehensive Nextiva Financial IP Video solution.
When a security program is designed to prevent more common and unwanted activities, in many ways the program will also lessen the potential of more extraordinary events. Many of us understand the principle of layered security using a number of resources.
- By Darren A. Nix
- Nov 09, 2009
Milestone XProtect open platform IP video management software has proven to be a reliable and scalable security solution for AL Bank for more than a decade.
3VR Security Inc., provider of intelligent surveillance and search, recently announced that customer Union Savings Bank has successfully leveraged 3VR's search-based surveillance and advanced analytics technology to capture 80 times more usable security video and maintain one of the industry's lowest fraud rates.
A comprehensive Integrated Services solution from Diebold Inc. is helping Atlanta's Delta Community Credit Union streamline security management and reduce costs.
March Networks, a provider of intelligent IP video and business analysis applications, recently announced that Banco de Occidente S.A. will use the company's NVRs and management software to centralize security and loss prevention operations across 200 retail banking branches.
During the second quarter of 2009, there were 1,304 reported violations of the Federal Bank Robbery and Incidental Crimes Statue, a decrease from the 1,444 reported violations in the same quarter of 2008. According to statistics released today by the FBI, there were 1,278 robberies of financial institutions, 19 burglaries, and seven larcenies reported between April 1, 2009 and June 30, 2009. No extortions were reported during the quarter.
NICE Systems Ltd., a provider of advanced solutions that enable organizations to extract insight from interactions to drive performance, has announced that the First International Bank of Israel (FIBI) has completed its initial deployment of NICE's Interaction Analytics Business Solutions to improve cross-sell/upsell capabilities, increase customer satisfaction, and decrease contact center agent knowledge gaps. FIBI has chosen to implement Interaction Analytics from NICE to gain advanced capabilities in providing world-class customer service, and to help its customers better manage their finances.
There is a growing and highly effective breed of bank robbers at work around the world. Money is not particularly safe and secure, and no city is immune.
- By John Pearce
- Jul 01, 2009
Greater TEXAS Federal Credit Union, headquartered in Austin, Texas, recently implemented US Biometrics’ AccessQ system for controlling physical access to entrances with fingerprint biometrics.
Verint Systems Inc., a provider of analytics software-based solutions for workforce-enterprise optimization and security, today announced that Banco Azteca has implemented the Nextiva IP Video Management solution from Verint Video Intelligence Solutions to help safeguard its data center operations.
For banks to be successful, they must be secure -- and their customers and partners must have confidence in their security. Banks face real and serious threats, especially from theft. Employee theft is a serious problem. In the United States alone, losses from employee theft total $1 billion annually, which exceeds any amount stolen by common bank robbers.
- By John Monti
- Jun 03, 2009
Ingersoll Rand Security Technologies announced recently that the Augusta Metro Federal Credit Union in Augusta, Ga. is using a standalone Schlage biometric HandKey reader to provide its customers with self-service access to the safe deposit vault.
The retail banking sector has received negative publicity recently due to investments in risky commodities. Security directors in retail banking also can face scrutiny as they face their own potential for risk when it comes to investing in next-generation video recording technologies for branch bank locations.
- By Elan Moriah
- May 01, 2009
Across the globe, online criminals are focusing funds, time and resources to perpetrate fraud—and they are becoming more and more adept at this process. The result has been a dramatic increase in online fraud that targets consumers, enterprises and citizens. Every data breach or identity-theft case reported in the media erodes the public's confidence in the security of online financial transactions. This loss of confidence could jeopardize the ability of organizations to conduct transactions online.
- By Steve Neville
- May 01, 2009
IQinVision recently announced that Farmers & Merchants Bank of Central California, located in California’s great Central Valley is installing only IQeye cameras in all its bank branches.
Verint Systems Inc. recently announced that Delta Community Credit Union has implemented the Nextiva NetDVR II and MicroDVR II solutions from Verint Video Intelligence Solutions.
As new technologies and a struggling economy continue to fuel increased crime rates, a new relationship with San Francisco-based 3VR Security Inc. will provide customers of Diebold with expanded solutions for deterring crime.