March Networks, a global provider of intelligent IP video solutions, announced that Fifth Third Bancorp has initiated an upgrade program of its existing March Networks' video surveillance systems across more than 1,300 full-service retail banking branches, data centers, corporate offices, and operations and cash handling facilities. One of the top 15 banks in the U.S., Fifth Third Bank has already started deploying 12,000 new March Networks IP and analog cameras, and will upgrade to new Hybrid Network Video Recorders (NVRs) nationwide. The bank is also piloting the March Networks Searchlight portfolio of intelligent data analytics to proactively detect and reduce losses from fraud at ATMs and teller lines.
“The March Networks video surveillance solution has consistently delivered solid results for us,” said Mike Neugebauer, VP and Senior Manager, Safety and Security at Fifth Third Bank. “The new hybrid platforms offer impressive IP performance and work with our existing March Networks video management software, making the transition simple and cost-effective. We're also very interested in the applications, which would allow us to securely correlate our surveillance video with transaction data, license plate data, and facial images. We believe these banking analytics could help us identify fraud earlier and gather evidence more quickly to significantly reduce losses.” Worldwide, more than 450 banks and credit unions currently use the company's proven financial solutions, citing scalability, unparalleled reliability and centralized video management as key system benefits.
Fifth Third Bank will upgrade to the Hybrid NVR, which will double its existing IP camera support and expand evidence storage. It is also deploying a mixture of March Networks MiniDome IP cameras and Indoor Dome cameras throughout its retail bank and critical infrastructure facilities. The cameras' Wide Dynamic Range feature balances scenes with both low and bright light – guaranteeing clear images even in challenging environments such as retail banking branches, where sunlight streaming through large windows can cause subjects in a surveillance scene to appear silhouetted against the bright backdrop.