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."

  • Remembering 9/11 Remembering 9/11

    In this episode, Security Today Editor-in-Chief Ralph C. Jensen Talks with Steve Karoly about security and transportation issues, specifically airport, airline and passenger security. It is the 20th anniversary of the 9/11 terror attacks in New York, the Pentagon and Shanksville, PA. Much has changed concerning security efforts about airport transportation security. The conversation talks about the role that technology plays in protecting the flying public and steps taken to ensure there hasn’t been a successful terrorist attack on a U.S. airliner since 9/11. Checkpoint and screening are evolving at a rapid pace, and the conversation centers on new measures and technologies that are being integrated into checkpoints.

Digital Edition

  • Security Today Magazine - July August 2021

    July August 2021

    Featuring:

    • Tee Up the Security
    • Listen Clearly
    • Turning to the Cloud
    • COVID-19 The Final Push
    • Redefining Security

    View This Issue

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