March Networks enables financial fraud and loss prevention investigators to react to incidents more immediately, to source and
refine compelling evidence more rapidly, and to process their cases more effectively. Every ATM and Teller transaction record can be enhanced with a visual snap-shot (image or full video clip) that is synchronized with the transaction receipt data. During investigations, these combined records can be retrieved quickly and easily, and ‘packaged’ immediately or over time along with interactive case notes, supplemental evidence clips, audio records and other case files.
These tools help produce a clear resolution to each case in a more efficient and effective manner. They enable more cases to be managed by each investigator. They allow lower-value cases to be investigated more quickly and easily, and therefore more cost-effectively.
Further automation, in the form of intelligent video analytics that can proactively detect and alert monitoring personnel to, for example, possible instances of ATM tampering (e.g., after-hours attempts to install “card skimming’ technology), can create the ability to react to such crimes more rapidly than otherwise possible. March Networks is focused on the development of sophisticated analytics software to help our customers achieve further improvements in physical security as well as fraud protection.
The bottom line is these types of solutions can help save the financial industry millions of dollars, if not more. They can certainly help optimize a financial institution’s loss prevention function.