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Banks and Credit Unions Archives
The effectiveness of facial-recognition technology in video surveillance has been cause for debate in the past. Some claim the technology -- originally seen as an advanced tool in the fight against terrorism -- is overhyped and has yet to produce solid results. That's not the case in banks however, where video facial-recognition systems are proving to be useful in combating check fraud.
Over at The Consumerist, editor Ben Popken describes a situation reoprted by a reader who lost her cell phone while conducting business at a local credit union.
Smart IP cameras from IQinVision will be used along with Milestone IP video management software to monitor all branches of the Farmers & Merchants Bank of Central California. IQinVision recently announced the bank surveillance project which will be a significant upgrade over the F&M Bank's old video security setup. The new system will primarily utilize IQeye511 network cameras to monitor lobbies, teller windows, and ATMs.
This month marks the ten-year anniversary of AL Bank's transition from analog to IP-based video surveillance. Ten years ago the Denmark bank, which has 66 branches and about 1000 employees, switched to a network surveillance solution using open-platform IP video management software from Milestone Systems. Today, the bank continues to use Milestone software to manage a mix of 650 security cameras providing increased safety for customers, employees, and of course assets throughout its many locations.
Erste Bank Ukraine has completed installation of over 1000 IP network cameras throughout its 139 retail branches, with Milestone IP video software managing the large-scale surveillance network. The software was chosen to manage a mix of IP cameras from such popular manufacturers as Axis, Sony, JVC and IQinVision.
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