Searchlight software links suspicious transaction data with facial
images and license plates to help reduce losses dramatically
OTTAWA, Sept. 19, 2011 /CNW/ - March Networks® (TSX: MN), a global provider of intelligent IP video solutions and the #1 supplier of financial video surveillance systems in the Americas*, today announced new additions to its comprehensive Financial Solutions to help banks and credit unions improve security and dramatically
reduce losses from fraudulent activity. March Networks Searchlight™ Image Tracker and License Plate Tracker (LPT) enable banks to quickly associate facial images and vehicle license
plates with customer transactions. The additional layer of valuable
data speeds investigations and strengthens case evidence significantly,
allowing banks and law enforcement to zero-in on the criminals
responsible for an estimated $1 billion in losses annually.
Image Tracker provides banks with a powerful enhancement to March
Networks' Searchlight Skimming Detection (SD) portfolio. Image Tracker automatically associates facial images
with ATM or teller transaction details, video clips and other relevant
evidence. Using standard or custom search criteria, such as time, date,
or bank card number, investigators can immediately access images and
transaction details from any banking location via an easy-to-use
interface. They can then drill down to review video from all associated
cameras to gather the most complete case evidence possible. Watch the Searchlight application video to learn more.
Also new to the portfolio is Searchlight LPT. The application enables
financial institutions to easily capture, archive and search for
license plate data, and correlate it with high-quality video and
transaction data using March Networks' Financial Transaction Investigation (FTI) software. Investigators can search on a specific license plate,
or program a number into the system to trigger an alert when a matching
license plate is captured at a drive-thru ATM or banking premises.
Searchlight LPT supports domestic, vanity and international plates, as
well as partial plate searches. And unlike competitive license plate
recognition offerings, the software requires no additional database
infrastructure or management software, and works with a bank's existing
IP or analog cameras to ensure a rapid and cost-efficient deployment.
Watch the Searchlight LPT video to learn more.
"Banks today are looking for more than just reliable, scalable video
surveillance. They want to leverage the investments they've already
made in their video and data systems to gather better business
intelligence and maximize returns," said Net Payne, Chief Marketing
Officer, March Networks. "Our comprehensive Financial Solutions offer
industry-leading hardware, powerful management software and a growing
portfolio of intelligent applications developed specifically to help
banking customers worldwide reduce losses and operate more
March Networks Financial Solutions are proven in more than 450 banks
worldwide. The company will demonstrate the complete portfolio,
including its new Searchlight LPT and Image Tracker applications, in
Booth 569 at the 57th annual ASIS International Seminar and Exhibits, September 19-21, at the
Orange County Convention Center in Orlando, Florida. Visit www.marchnetworks.com/asis to learn more.
*IMS Research: Vertical Insights, Video Surveillance and Security in
Banking and Finance - 2011 Edition.
About March Networks
March Networks® (TSX:MN) is a leading provider of intelligent IP video solutions. For
more than a decade, the company has helped some of the world's largest
commercial and government organizations transition from traditional
CCTV to advanced surveillance technologies used for security, loss
prevention, risk mitigation and operational efficiency. Its highly
scalable and easy to use Command™ video management platform incorporates a web-based client interface to
enable rapid system deployment and complete system control. It is
complemented by the company's portfolio of high-definition IP cameras,
encoders, video analytics and hybrid recorders, as well as outstanding
professional and managed services. March Networks systems are delivered
through an extensive distribution and partner network in more than 50
countries. For more information, please visit www.marchnetworks.com.
This release contains certain forward-looking information, including
expectations of future business. This information is based on the
Company's current expectations and assumptions that are subject to a
variety of risks and uncertainties that are difficult to predict and
that may be beyond March Networks' control. Actual results could differ
materially from those expressed in any forward-looking statements due
to factors such as customer demand and timing of purchasing decisions,
increased levels of competition, technological changes and the
successful development of new products, dependence on third-party
manufacturers, risks relating to intellectual property infringement
claims, and other risks and factors identified in March Networks'
public filings with regulatory authorities in Canada. March Networks
assumes no obligation to update these forward-looking statements as a
result of new information or future events.
*MARCH NETWORKS, March Networks Command, March Networks Searchlight and
the MARCH NETWORKS logo are trademarks of March Networks Corporation.
All other trademarks are the property of their respective owners.
SOURCE MARCH NETWORKS CORPORATION
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