Banking & finance security applications - Case studies

HID®, a worldwide pioneer in trusted identity solutions, announced that Baiduri Bank, a member of Baiduri Bank Group and the largest conventional bank in Brunei Darussalam, has implemented the HID Approve™ powered by the HID Authentication Platform across its consumer and corporate banking platforms, offering a single trusted authentication source for customer identity.  Protecting customer identity "HID is thrilled to partner with Baiduri Bank to enhance its...

As an Indian multinational public sector bank, this financial services entity plays a crucial role in bolstering India’s economy and addressing the diverse needs of its vast customer base. In the United Kingdom, this institution has been active since the early 1900s, gradually growing to become the largest Indian bank in the UK. Initially, its focus in the UK market was on wholesale banking, but it has since expanded its offerings to include a dedicated retail arm. Financial products and...

Banking premises require a robust security infrastructure to safeguard sensitive financial information, customer data, and valuable assets. When a pioneering investment bank in Finland needed to enhance the protection of its archive room, it turned to PACOM’s cutting-edge VIGIL CORE security management platform.  An archive room A bank’s archive room is a designated location, often in a basement, which is designed for the storage and preservation of critical documents, custom...

A centralised video surveillance system from Dahua Technology involving more than 5,000 cameras has been installed at over 850 branches of Bank Alfalah, one of the top commercial banks in Pakistan by installation company Vital International. State-of-the-art technology Bank Alfalah has fortified its network with over 850+ branches through the installation of Dahua CCTV cameras. The number of cameras per branch varies per branch size. Around 5,000 cameras were installed across the bank network....

G4S’s rollout of the Deposita® Protector 10 000d-s4 has the potential to be transformational for businesses in Uganda where cash usage remains high. From the outside, the machine doesn’t look like much, it’s a nondescript black box measuring roughly a metre tall and half a metre wide. But it is in fact a smart safe that verifies, secures, and instantly credits cash into a nominated business bank account. G4S in Uganda has partnered with eight different banks to bring this...

SBI Capital Markets Limited (SBICAP) is registered with SEBI as a category I Merchant Banker and a Research Analyst.  SBICAP Incorporated in 1986 as a wholly owned subsidiary of SBI, SBICAP is one of the oldest investment banks in India, dominating the Indian investment banking landscape for over 35 years.  They offer a complete solution by providing their clients with diversified corporate advisory and investment banking services, innovative ideas, and unparalleled execution. Chal...

Recently, Boon Edam announced the launch of a seamless and secure entrance product that truly combined advanced transit intelligence, elevator destination control, and security in one.  This solution saw Boon Edam’s best-selling and slimmest speed gate – the Lifeline Speedlane Swing being 100% integrated with Schindler PORT Technology. The combination of these two products into one solution (the Power of Two) offers customers advanced and innovative movement thro...

Delta Thailand launched Thailand’s first Net Zero Container Showroom in Amata City, Chonburi, featuring solar power generation, battery management, EV charging, lighting management, indoor climate control and surveillance solutions. The core of the smart showroom is the scalable and modular Delta data centre solution which enables remote access to its security, lighting, environment and charging systems. VIVOTEK’s state-of-the-art IP surveillance cameras and solutions were featur...

Biometrics company, Fingerprint Cards AB (Fingerprints™) is honoured to share that its technology will be used and be a part of at least two new commercial biometric payment card launches in Morocco, announced by two of Morocco’s largest banks. Late last year, Fingerprints communicated that its biometric solution is used in a biometric payment card launch in Jordan. The two additional launches solidify Fingerprints’ position within this growing market.  Biometric payment...

G4S is the market leader in Ecuador and provides peace of mind for many leading banks, through G4S-designed technology and a highly-trained workforce, which meets rigorous international standards. In Ecuador, G4S is the preeminent provider of security for the country’s banks. Through the combination of highly trained people and G4S’s proprietary software application - CVP (Virtual Control of Posts), the company provides an unrivalled security offering. Securing Ecuador’s bank...

Megapixel dome cameras from Hikvision are being used for object tracking by Chronopost, the express shipping company in France. Chronopost has 80 sites (74 agencies, 6 hubs) and 3,500 relay points across France. The company offers a next-day morning service to the whole of France and couriering to 230 countries. The 2-megapixel mini-dome cameras are allowing Hikvision's local partner, ARGOS Technologies, to provide parcel tracking including 3-D representation of individual consignments as...

Michigan Mutual is a mortgage broker founded in 1992 by brothers - Mark and Hale Walker. Over the past few decades, the business has expanded across 35 US states and now has a total of 100 Mortgage Loan Advisors. As a company that handles financial information, being able to quickly communicate with customers, while keeping personal data secure, is a top priority and core to their value proposition. The challenge is having all the right tools and technology in place, in order to compete with bi...

NSE IT Limited is a global technology enterprise, it focuses on delivering excellence in complex digital environment primarily in banking, insurance, capital market ecosystem, and online examination. The firm has three distinct business units - Digital Transformation, Digital Examinations, and Cyber Security and is powered by a workforce of 1500+ professionals who are certified technology and business domain experts. With 20+ years of experience, the firm is renowned for its expertise across la...

Dorabjee's identified that there was a problem in their bank reconciliation and invited TopSource Worldwide in May 2012 to review their Bank reconciliation process and controls and provide recommendations to address this problem. Bank reconciliation at Dorabjee's was reconciled till March 2011 with unreconciled transactions from 2006. Bank reconciliation was also completed episodically. There was no specific process or controls in bank reconciliation process. Bank reconciliation process TopSo...

Positive Technologies researchers, Vladimir Kononovich and Alexey Stennikov have discovered vulnerabilities in the Wincor Cineo ATMs, with the RM3 and CMD-V5 dispensers (Wincor is currently owned by Diebold Nixdorf). ATM cyber-attacks With access to the dispenser controller’s USB port, an attacker can install an outdated or modified firmware version (for example, with disabled encryption), to bypass the encryption and make cash withdrawals. Diebold Nixdorf (Diebold Incorporated) has more...

Visa chooses Callsign, as their preferred behavioural biometric digital and device intelligence identity provider. Under the agreement, Visa will introduce Callsign's behavioural biometric and device fingerprinting solutions to the Visa network of financial institutions, payment service providers (PSPs), and merchants across Europe. Callsign joins the Visa Fintech Partner Connect programme giving banks, merchants, and the wider card ecosystem access to Callsign's Intelligence-driven authen...

Endurance pioneered the fitness industry in Pune, in the year September 2000, with the aim of setting up International standard facilities and reaching out to diverse sections of society and encouraging people to make fitness and good health a priority. Endurance has initiated and conceptualized a wide range of member events in Pune such as fitness competitions sports activities like cricket and football, fashions shows, dance shows, seminars and many more. Making periodic payment Endurance b...

Integreon is a large and trusted provider of integrated research, legal and discovery, and professional business solutions. Their size, collaborative work style, and investments in technology, intellectual property, and management make them unique in the market. Integreon is present across four continents and works collaboratively with global corporations, law firms, and investment banks to address their specific support needs in areas such as market and competitive intelligence, discovery, leg...

Wellers are a regional accounting firm, operating from 4 offices across London and the South of England. Wellers strive to deliver high-quality, professional services such as accounting, payroll and business advice to over 4,000 clients. Their client base ranges across all sectors, from private schools to pubs and bars. Wellers approached TopSource Worldwide in 2007 to provide a long-term solution for their payroll clients. Their internal payroll team was unable to manage the number of clients...

Imagine the level of change that has occurred in banking over the last two hundred years. Nordea knows this transformation firsthand. Headquartered in Finland, Nordea employs 30,000 to serve its 10 million customers. But having successfully navigated two centuries of change, acquiring over 300 banks along the way, Nordea was labouring under an exceedingly complex infrastructure. To remain competitive, they had to simplify and innovate. Their solution? A chatbot powered by intelligent automation...

In an increasingly sophisticated business environment, clients need law firms that have the experience and depth to handle significant matters. This law firm in California is staffed by attorneys who offer diverse legal, business and governmental backgrounds. Its practice areas are focused on specific legal disciplines, but the firm also has teams that are equipped to address the needs of particular industries, including healthcare, banking and finance, gaming, environmental, manufacturing, gov...

Making decisions about new security technologies can be complex at large organisations to say nothing about getting user buy-in. In a recent webinar, Moving to Mobile Access Control, James Moore of IFSEC Global and Peter Walsh of HID Global spoke with Allan Dawson, Workplace Services Team Manager at aircraft leasing company Avolon, about his company’s recent rollout of HID Mobile Access®. How did users respond to the new technology? When people ultimately get on the platfo...

As Thailand’s oldest bank, Siam Commercial Bank (SCB) has successfully navigated more than a century of change. But more recently, as the tech-savvy Thai market eagerly embraced the digital revolution, SCB found itself falling behind. One pain point was correcting errors in its ATM network; refunds were taking up to a week. It was a delay the bank’s customers were unwilling to endure. How did SCB fix its ATM woes? It brought in a team of Blue Prism digital workers. Challenge...

Telefónica is Germany’s largest telecommunications company, currently servicing more than 42 million mobile connections. Many of those connections are made possible through a contract. And contracts need to be regularly renewed. Telefónica is updating thousands of contracts every week. Optimising this process was a priority.  Challenge Telefonica has 23 million customers with fixed-term contracts, and renewing millions of these contr...

Rebel Energy is a new entrant in the UK energy market and will soon supply 100% clean and affordable energy to all UK households. Rebel’s mission is to drive the nation’s energy transition agenda toward renewable power generation, ensuring poorer households are not left behind. But in an already cluttered and highly competitive market, how is Rebel giving itself the best chance for a successful launch? They’re hardwiring intelligent automation into their business. C...

A UK bank has an impressively long history, and throughout they have looked for ways to innovate and improve their business. When COVID-19 struck, they found themselves well-positioned to help customers in need of mortgage relief. How? With a Blue Prism intelligent digital workforce. Challenge The lockdown and shelter-in-place mandates that were issued early in the COVID-19 pandemic led to widespread unemployment and financial worries. Homeowners with mortgages were left wondering&nb...