SecurityWorldMarket

11/01/2024

Partnership presents comprehensive banking security solution

Schaumburg, Il and Montreal, Canada

Collaborative technology partnership between Convergint and Genetec helps address ATM crime in the financial sector. Image courtesy of Convergint

Convergint Financial and Genetec are collaboratong to counter the surge in ATM theft attempts and transformative changes in the banking sector. The collaborative security strategy focuses on countering ATM theft and broader security challenges, leveraging advanced video management systems (VMS) with behavioural analytics and event management for proactive threat monitoring.

Security has emerged as a paramount concern, propelled by a surge in ATM theft attempts and transformative changes in the banking industry. Convergint Financial and Genetec, industry leaders in security solutions, recognise the pressing challenges faced by banks, especially in the wake of an increase in organised crime-linked ATM thefts. Acknowledging the critical need for robust security measures, banks are strategically allocating resources to invest in advanced technologies.

Cutting-edge solution

The collaborative effort introduces a cutting-edge security solution, integrating advanced VMS with behavioural analytics. This proactive system enhances access control at indoor ATM locations and efficiently handles evidence storage, providing a dynamic and adaptable security framework tailored to evolving banking security needs.

The solution offers a range of benefits to financial organisations:

  • Proactive surveillance measures: Adoption of advanced video management systems (VMS) and integration of security components to monitor and detect threats proactively.
  • Enhanced access control: Implementation of advanced access control systems, ensuring secure access at indoor ATM locations.
  • Efficient evidence handling: Utilisation of cutting-edge technology to centrally store video, overcoming challenges associated with older systems.
  • Investment in technologies: Banks respond to the threat by investing in advanced technologies for enhanced ATM protection.
  • Holistic security solutions: Collaboration between security providers results in a unified VMS platform, offering comprehensive security solutions across various locations.

The collaboration between Convergint and Genetec yields an advanced VMS platform prioritising data protection, ensuring swift access to evidence, heightened situational awareness, and streamlined decision-making processes.

  • Comprehensive security: Expands security solutions to cover not only ATM theft but also branches, offices, vaults, and data centres.
  • Open architecture: Provides flexibility, allowing banks to select hardware and software tailored to their specific needs.
  • Data protection: Prioritises addressing data protection concerns with built-in security features.
  • Enhanced access: Enables quick and remote access to video evidence and offers control over edge devices.
  • Situational awareness: Augments situational awareness through user-friendly map-based interfaces.
  • Streamlined decision-making: Optimises data access and decision-making processes, ensuring a proactive response to the security challenges faced by banks.

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