March Networks Provides VideoSphere Banking Solution To U.S. Financial Institution

March Networks, a global provider of intelligent IP video solutions, recently announced that a top 10 global financial institution will deploy the March Networks VideoSphere Banking solution across more than 2,000 U.S. banking locations.

The company expects to complete the delivery of the order, which is valued at more than $7 million, during the next 12 months.

This financial institution chose to displace a competitor's products and standardize on the VideoSphere Banking solution as a result of March Network's history of reliability, centralized management capabilities and overall ease-of-use. Additionally, the VideoSphere expansion capability for enterprise-level ATM/Teller integration and high-definition IP camera expansion on the same device were important deciding factors.

The VideoSphere portfolio delivers a highly scalable, end-to-end HD video security solution that provides security staff with an intuitive way to manage cases and accelerate investigations. With advanced analytic applications the solution will significantly reduce losses from ATM skimming and other fraudulent activity. Additionally, software analytics such as queue line monitoring, people counting, and facial detection allow VideoSphere customers to increase customer satisfaction and overall efficiency through improved operations.

"This contract confirms the strength of our position as a global leader in the finance and banking vertical," said Peter Strom, president and CEO, March Networks. "As banks and financial institutions continue to stabilize following the effects of the recession, we are confident that March Networks is well positioned to continue to grow and service our very strong customer base."

  • How COVID-19 Has Revolutionized Aviation Security How COVID-19 Has Revolutionized Aviation Security

    In this episode of SecurPod, Ralph C. Jensen and Steve Karoly talk about the COVID-19 pandemic and the changes experienced in the aviation security vertical. The pandemic has changed society and our way of life. It has also brought about seismic changes.

Digital Edition

  • Security Today Magazine - April 2021

    April 2021

    Featuring:

    • Transforming Security
    • Driving COVID Adaptations
    • A Capitol Breach
    • Running the Gauntlet
    • On a Cloud of its Own

    View This Issue

  • Environmental Protection
  • Occupational Health & Safety
  • Infrastructure Solutions Group
  • Spaces4Learning
  • Campus Security & Life Safety