Chevy Chase Bank Deploys Network Video Solution

  • Apr 24, 2007

Verint Systems Inc., a provider of analytic software-based solutions for security and business intelligence, recently announced Chevy Chase Bank has deployed Verint’s networked video solution to enhance security at more than 275 branch locations throughout the Washington, D.C., metro area.

With more than $14 billion in assets, Chevy Chase Bank is the Washington, D.C., area’s largest locally owned and managed bank with more than 275 branches and the region’s largest ATM network. A regional institution, Chevy Chase Bank was founded in 1969 and provides a wide range of financial services including retail and commercial banking, mortgage and home equity lending, consumer, small business and asset management services.

Verint’s networked vdeo solution is designed to enable Chevy Chase Bank to distribute video across the enterprise to authorized security personnel, enhancing fraud prevention and helping to resolve customer disputes in a timely manner. Additionally, through its ATM integrations, the Verint solution enables Chevy Chase Bank security personnel to correlate video with ATM transaction data to intelligently expedite the investigation process.

“At Chevy Chase Bank, our goal is to satisfy every customer every time,” said Kevin Smith, senior vice president and corporate security director at Chevy Chase Bank. “Verint’s networked video solutions have increased the efficiency of our investigative process, which ultimately enhances the customer experience.”

Verint’s networked video solutions enable organizations of all sizes, from small and mid-sized enterprises to major government and commercial organizations, to enhance the security of facilities and infrastructure and the performance of the business operations by networking video across multiple locations and applying advanced content analytics to extract actionable intelligence from live and stored video. By alerting security personnel to potential security threats, Verint solutions help organizations prevent security breaches, improve response time and enhance operational efficiency.

“As a leading provider of security solutions for the retail banking market, we are pleased to help Chevy Chase Bank effectively address their critical security requirements,” said Dan Bodner, Verint’s CEO and president. “Our networked video solutions are designed to provide multi-site institutions with the actionable intelligence they need to maintain secure operations, mitigate fraud and rapidly resolve internal investigations.”

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