Regional bank expands use of Verint's fraud and security intelligence solutions

Verint Systems announced that a regional financial institution in the U.S. has expanded its use of Verint solutions to mitigate fraud, enhance security and resolve liability claims across its bank branch and corporate facility network. This chartered bank provides a broad range of traditional banking services, and has more than 40 banking centers located throughout Louisiana, Texas and Mississippi. It’s a wholly-owned subsidiary of a financial holding company with assets of more than US$4 billion.

The bank recently deployed Verint’s video management solution that enables organizations to monitor and manage its security operations. Using Verint, the bank is benefitting from the addition of centralized capabilities and the ability to reduce the cost and complexity of managing its video surveillance assets. Additionally, with the remote diagnostics and system health monitoring the solution provides, the bank can take a proactive approach to maximize video uptime across its branches, as well as quickly identify and respond to issues the system detects.

According to the assistant vice president and security officer of the bank, Verint solutions have proven highly-valuable to support its security and fraud reduction efforts because they are reliable and easy to manage, and provide the security intelligence needed to mitigate risks across its branch network.

“With the comprehensive Verint security intelligence and situational awareness solutions, including highly scalable network video and IP capabilities throughout, this regional financial leader gains access to the data necessary to mitigate fraud, increase safety and improve operations,” says Matt Tengwall, vice president and general manager, Verint. “Verint’s strong heritage and expertise in the banking sector helps organizations meet and exceed the requirements of today, also while preparing for future.”