Top Global Bank Selects Verint to Provide Enterprise Solution for Fraud and Security Investigations
April 16 2020 - 8:30AM
Business Wire
Solution Standardized across Thousands of Retail Branches and
ATMs to Help Modernize Operations
Verint® Systems Inc. (Nasdaq: VRNT), The Customer Engagement
Company™, today announced one of world’s largest banking
organizations selected Verint as its new standard solution for
enterprise fraud and security investigations. The selection
resulted after a thorough analysis of technologies that best fit
the bank’s fraud investigation, cybersecurity and deployment
management requirements.
The bank chose Verint’s enterprise-class recording platform to
enhance compliance and fraud control across its network of retail
branches and ATMs*. The solution combines the powerful network
video recorder with robust software for review and enterprise
management.
“Verint is focused on developing innovative technologies that
help financial institutions reduce fraud and security risk, drive
productivity, and help these organizations simplify and modernize
their operations,” says Verint’s Matt Tengwall, general manager,
fraud and security solutions. “As the market leader, Verint’s suite
of fraud and security solutions are designed to address the unique
requirements of banks and credit unions. We believe the bank’s
selection provides validation of our proven ability to deliver
innovative solutions that address compliance and fraud control and
help leading banks reduce loss and address potential risk.”
Verint’s advanced fraud and security solutions can help banks
and credit unions identify risks and vulnerabilities in real time,
helping fraud investigators mitigate threats, and ensure
compliance. To learn more about Verint’s solutions for banks, click
here.
About Verint Systems Inc. Verint® (Nasdaq: VRNT) is a
global leader in Actionable Intelligence® solutions with a focus on
customer engagement optimization and cyber intelligence. Today,
over 10,000 organizations in more than 180 countries—including over
85 percent of the Fortune 100—count on intelligence from Verint
solutions to make more informed, effective and timely decisions.
Learn more about how we’re creating A Smarter World with Actionable
Intelligence® at www.verint.com.
* The bank invested in Verint solutions in Q2 of 2019.
This press release contains “forward-looking statements,”
including statements regarding expectations, predictions, views,
opportunities, plans, strategies, beliefs, and statements of
similar effect relating to Verint Systems Inc. These
forward-looking statements are not guarantees of future performance
and they are based on management's expectations that involve a
number of risks, uncertainties and assumptions, any of which could
cause actual results to differ materially from those expressed in
or implied by the forward-looking statements. For a detailed
discussion of these risk factors, see our Annual Report on Form
10-K for the fiscal year ended January 31, 2020, and other filings
we make with the SEC. The forward-looking statements contained in
this press release are made as of the date of this press release
and, except as required by law, Verint assumes no obligation to
update or revise them or to provide reasons why actual results may
differ.
VERINT, ACTIONABLE INTELLIGENCE, THE CUSTOMER ENGAGEMENT
COMPANY, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE
SOLUTIONS, GI2, FIRSTMILE, OMNIX, WEBINT, LUMINAR, RELIANT,
VANTAGE, STAR-GATE, TERROGENCE, SENSECY, and VIGIA are trademarks
or registered trademarks of Verint Systems Inc. or its
subsidiaries. Verint and other parties may also have trademark
rights in other terms used herein.
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version on businesswire.com: https://www.businesswire.com/news/home/20200416005052/en/
Media Relations Amy Curry Verint Systems Inc.
amy.curry@verint.com
Investor Relations Alan Roden Verint Systems Inc.
alan.roden@verint.com
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