Enhancing ATM Security
To combat ATM crime and manage transaction-based disputes, many banks and IADs have installed video security systems in the past decade. In some areas, such as New York City, surveillance cameras are legally required at all ATMs. For years, closed-circuit television (CCTV) systems and digital video recorders (DVRs) were the mainstay of security efforts. ATM operators around the globe installed large, expensive cameras, hooked up costly broad- band networks and hired security guards. Closed-circuit systems, however, proved costly to maintain, difficult to use and unreliable in many cases.
Our team is comprised of industry experts who understand the unique challenges of the healthcare industry. We bring decades of hands-on experience in a wide variety of healthcare situations and can design, install, test, inspect and maintain the system that’s just right for your facility.
Navigating the ATM Transition to EMV for Regional Financial Institutions
Despite years of war against it, card skimming is the largest source of fraud in the ATM industry. Security experts estimate that the average skimming results in a loss of $30,000. To combat that loss, the industry has introduced EMV, or the chip-and-PIN card, named for the card associations that launched the security standard (Europay, MasterCard and Visa).
The Bank Branch of the Future
The bank branch of the future is happening now. Revenues in the banking industry are currently flat and retail banks are looking to technology to generate income, increase sales opportunities and meet customer demands while effectively managing costs. Economic conditions and regulatory oversight causes many new challenges to arise for these banks. Interactive Teller provides a cost-efficient means by which they can begin to meet some of their goals and move forward. As we have seen in products such as mobile banking, most banks are not early adopters of new technology, but once established, they will eagerly jump into the market. Look for the Interactive Teller paradigm shift to gain considerable momentum.