Banking & finance security applications - Case studies

One of the most renowned European banks wanted a secure installation for access control system that operates completely without ID cards, keys or PIN technology.  This was to enable secure access for about 1,500 employees to the bank's new building.  Eliminating the risk of tokens and keys being lost, stolen or misused, this system uses only biometric verification methods.  Speed being a very important factor especially in the morning rush.  Eighty of A4's 3D facial recogniti...

MDI, Inc., the leading manufacturer of Unified Technology™ solutions for the security industry today announced that it's VIEWpoint™ Surveillance Management™ products, built on ONE™ Unified Technology™, have been selected by a financial institution group located in the Middle East.  The customer, who has chosen the unified system to deliver video security in the past, selected MDI based on its ability to deliver the right surveillance management solution require...

Pictet & Cie Banquiers, a private Swiss bank, is installing a one-of-a-kind access control system which - requiring no identity cards or keys - provides the highest security level to both employees and customers by combining different biometric verification methods.As the main contractor, Swiss Interflex AG, a business of the Ingersoll Rand Security Technologies sector, is implementing a biometrics project in Geneva that is one-of-a-kind in the world.  Interflex has delivered what Picte...

Citizens First bank decided to replace its DVRs with March Networks 4000 Series units at all of its locations Florida Bank upgrades to March Networks DVRs when originally acquired system falls short of expectations When management at Citizens First Bank in The Villages, Florida, decided to look for a new video surveillance solution, senior computer technician Mac Anderson and VP Bookkeeping and Security Officer Bobby Sullivan booted up their computers and began searching the...

Honeywell today announced that the WIN-PAKTM access control system has been installed at Tradition UK Ltd, a global leader in the brokering of financial and non-financial products, to ensure a high level of security and fast access for authorised personnel at their London offices.  The implementation was managed by, NSI Gold installers West London Security. Maintaining security has always been a high priority for Tradition, which operates several offices in London.  Mark Heneke, Tradi...

Vista, Europe's premier brand of CCTV equipment, has had its eclipse camera and DVR selected for use in the making of "Inside a Perfect Bank Robbery", a Sky One television program.  The documentary examines how individuals could pull off a daring and flawless heist, exploring the methods employed by raiders in the £53million Tonbridge theft.The show looks at all aspects of a bank robbery from how the criminals take on such a task to the terrible effect it has it on its victi...

Lenses from US-based Rainbow CCTV are being used by a leading foreign currency provider to optimise client service.Rainbow varifocal lenses are part of an innovative solution whereby the accuracy of tellers at branches of FX Currency Services are monitored by a digital recording system.The FX Currency Services locations may be highly populated, with offices often having 50 cameras in an area of 200 square feet. The application uses a pair of colour cameras operating at 16 frames per se...

The Customer's ChallengeMount Enterprise, Texas, population 586, is situated at the crossroads of Highways 84 and 259.  Traffic is light, children can walk safely around town, and life is good amongst the old oaks and pines that provide shade from the Southern heat. But even in a quiet town, crime occasionally happens. On a Friday morning, a masked man walked into Citizens National Bank (CNB) in Mount Enterprise, pulled out a gun and held up a teller at point blank.  Moments later...

Biometric methods for identifying and authenticating persons are more and more in trend when it comes to increasing security in the areas of access control, time management and payment.  Since its first introduction onto the European market in Spring 2004, vein biometrics has received increasing attention: The VP-II "vein scanner“ of the LEGIC partner RTC checks identity based on the vessel pattern on the back of the hand.  The biometric data (210 Byte) can be stored on a LE...

Vari-focal lenses from California-based Rainbow CCTV have been used at a major bank chain with 400 branches operating throughout Saudi Arabia.The contract award resulted from an open tender in which Lebanon-based JMIG Enterprise, beat competitors on the price and quality of its offering. Mr Joseph Geha, Managing Director of JMIG, said: “We are already hopeful of a repeat order based on the track record of the equipment.  The fact that these lenses are made in Japan was an important co...

March Networks, a leading provider of Internet Protocol (IP)-based digital video surveillance solutions, has announced, that one of Australia's largest banks has selected March Networks as the standard for its enterprise wide deployment of digital video surveillance solutions. With close to 900 sites, the bank will deploy the March Networks solution throughout its branches to deliver sophisticated and centralised digital video surveillance that will enhance the safety of customers and employ...

Solution enables major US Bank to effectively protect vital banking operations Verint Systems Inc., a leading provider of analytical software-based solutions for security and business intelligence, today announced that Wells Fargo has recently completed deployment of Verint's Networked Video Solutions at its 4000th branch bank location in the United States.Wells Fargo is a diversified financial services company, providing banking, insurance, investments, and mortgage and consumer finance for...

Mission The Caisse d’Épargne banking group needed to cost-effectively extend the benefits of surveillance monitoring into 70 regional branch offices throughout France.  The new surveillance system needed to meet the banks high expectations for security, reliability, and quality. Solution Up to three Axis network cameras were installed directly to the existing networks within each regional bank.  Using standard frame relay protocol, the bank headquarters can access surveill...

Park Avenue Bank standardizes on March Networks TechnologyThe vast improvement in the quality of evidence obtained from digital video recording (DVR) systems is helping security executives in the banking sector resolve more and more incidents of fraud and theft.  Equally significant, says Larry Hale, assistant vice president of Park Avenue Bank, is the dramatic improvement in the speed of retrieving video evidence."Now, it's just a matter of typing in the date and time and selecting a...

HBoS has just completed upgrading their security at their sites in Halifax and Chester with help from Fastlane from Integrated Design Limited.  Following the merger of Halifax and Bank of Scotland in 2001, HBoS is the UK’s largest mortgage and savings provider. The management at HBoS wanted to create a secure workplace by limiting access to the building to authorised staff and visitors. As such an access control system and turnstiles were required. Due to the nature of the building t...

Many financial institutions today still use time-lapse VCRs or first-generation DVRs for lobby, teller line and ATM surveillance and monitoring. Inconsistent recording, questionable reliability, limited  remote access, VCR and videotape management, and time-consuming searches are just some of the issues faced when trying to use this video evidence for important functions like dispute resolution and security investigations.  When it comes to securing people, property, and assets, f...

Bank One is the nation's sixth-largest bank holding company, with more than 1,000 banking centers and business offices in 23 states and multiple countries.  Much of the company's growth has come as a result of mergers and acquisitions, which have also resulted in a mix of video surveillance systems.   Surveillance systems at some of the acquired locations had been in operation for more than 20 years, and some sites still used film cameras.  Other locations possessed the lates...

Barclaycard are Europe's leading credit card issuer, with approximately 11 million cards in circulation worldwide.   At present, one in every five credit cards in the UK is a Barclaycard and there are currently 8.4 million UK users.  Barclaycard is accepted in over 22 million locations spanning more than 200 countries and there are currently 600,000 ATMs and banks available to Barclaycard customers.  Barclaycard were established in 1966 as the UK's first credit card. In...

Access control and in particular visitor control is a very significant concern for the finance and banking industry.  Whilst the threat of covert intruders stealing computer hardware is a legitimate concern, the damage that can be done by a an unauthorised visitor, accessing live systems could be far greater. Many financial institutions recognise this specific threat, and it was no surprise when Mitsubishi Tokyo, the large bank in the world came to AC Controls seeking an access control syst...

Gemplus International S.A. (Euronext: LU0121706294 - GEM ; NASDAQ: GEMP), the world's leading provider of smart card solutions, today announces that the Russian bank, Surgutneftegazbank (SNGB), has chosen Gemplus to supply its new generation of off-line smart banking cards. These cards are compliant with the latest MasterCard specifications for EMV[1] (M/Chip 4.0) and utilise the DDA/CDA authentication[2] method. This deployment, the country's first adoption of such a smart card, will en...

In the modern office building effective security and access control is paramount.  There are many solutions on the market to identify individuals, the most common being proximity card readers on all doors requiring day to day access, but with an added level of security.When circumstances require higher security, biometric readers, the newest leap forward in security, can be implemented.  These can include scanning a fingerprint or iris to replace the traditional access card. The benefi...

Lloyd’s has recently completed a significant security upgrade in their award winning building on Lime Street in London by installing Fastlane plus speedgates and Fastlane optical turnstiles, from Integrated Design Ltd.  Established in 1688 in a coffee house, Lloyds is now the world’s best known insurance market, home to over 44 managing agents and 62 syndicates.As Lloyd’s takes security very seriously and keeps the issue under constant review they required a solution that...