Qatari Bank Standardizes on March Networks to Combat Fraud and Enhance Security

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May 01, 2012, 09:00 ET

OTTAWA, May 1, 2012 /PRNewswire/ - March Networks^®, a global provider of intelligent IP video solutions, today announced that one of Qatar's largest financial institutions has standardized on the company's integrated video surveillance and Searchlight software applications to significantly reduce losses from fraud and other crime. The financial institution will use the solution to proactively detect fraudulent activity, including ATM skimming and cash harvesting, at its ATMs and banking branches nationwide. The solution also enables the bank to exceed government-mandated requirements recently introduced to strengthen video surveillance standards in the Qatari banking sector.

Working with a March Networks certified provider in the region, the bank is deploying powerful March Networks Searchlight^™ applications, Enterprise Service Manager software, high-definition MegaPX NanoDome IP cameras and 4324 C hybrid network video recorders (NVRs).

The solution provides the bank with efficient, centralized video management, and exceptional reliability already proven in more than 450 March Networks banking installations worldwide. Combined with integrated Searchlight applications, it triples the bank's investigation capabilities, resulting in a quantifiable return on investment.

The Searchlight Financial Transaction Investigation application correlates video and ATM/teller transaction data to speed investigations and streamline case management. Searchlight Skimming Detection automatically alerts staff to suspicious activity at ATMs, and enables fraud investigators to quickly review and gather critical case evidence using associated video, transaction data, color analysis and facial images. A third Searchlight application, which captures and synchronizes license plate data, is also available to further strengthen investigations.

"Our Searchlight software applications help banks sift quickly through vast amounts of video and transaction data to find the exact information they need to combat fraud and cut losses dramatically," said Net Payne, Chief Marketing Officer, March Networks. "Searchlight saves banks both time and cost and, when combined with our highly reliable and centrally managed video surveillance platforms, delivers an advanced financial surveillance solution unparalleled in the industry."

About March Networks
March Networks^® 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.

MARCH NETWORKS, March Networks Command and the MARCH NETWORKS logo are trademarks of March Networks Corporation. All other trademarks are the property of their respective owners.

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