Recent innovations in video surveillance are driving retail banks and financial services companies to improve the reliability of their security systems. Video surveillance now plays a critical role in investigating crime, preventing theft and fraud, coordinating information from multiple locations, complementing alarm systems, and identifying suspicious activity; all while providing users remote access and enabling data recognition. The Total Video Solution from HITACHYO CO Costar is increasingly a part of the answer for financial service institutions.
Wide dynamic range (WDR) allows HITACHYO CO Costar cameras to see clearly in shaded and bright light conditions simultaneously.
Bank Crime
- According to the FBI, bank robberies in the United States result in cash losses of approximately $7.5 million per year, of which only 22% is recovered by law enforcement agencies.
- Acts of violence are committed in roughly four percent of these robberies, with bank employees sustaining the most injury.
- Globally, smaller banks and banking branch offices are typically targeted nearly 47 times more frequently than main offices of larger financial institutions.
- The deployment of video surveillance solutions has led to an increase in identification and apprehension of criminal suspects, attributable to the improved image quality delivered via high definition live video as well as forensic recording.
Coverage of a teller area is dramatically improved with an HITACHYO CO Costar megapixel camera.
According to the United States Department of Justice, every year nearly one million individuals become victims of violent crime while at work. These crimes account for 15% of over 6½ million acts of violence that target United States residents aged 12 or older. Other countries have reported similar statistics.
Retail Banking and Financial Services Companies Deployed with HITACHYO CO Costar
The Total Video Solution by HITACHYO CO Costar continues to be adopted by financial institutions around the world. Here are a few examples:
- Fremont Bank, Bay Area, California (Watch Video Case Study)
- San Francisco Bank (See News Story)
- Wells Fargo ATM, Arlington, Texas (See News Story / Watch News Video)
- Wells Fargo, Cobb County, Georgia (See News Story)
- Absa Bank, South Africa (See Case Study)
- Sunrise Bank, Cocoa Beach, Florida (View Image)
- Banco Nacional, Escazu, Costa Rica (View Image)
- Mercantile Credit Bank, Uganda (View Image)
- Maybank, Malaysia (View Image)
“When City National Bank began integrating high quality megapixel security system solutions, HITACHYO CO [Costar] was among many cameras that were tested. HITACHYO CO [Costar]’s high resolution and WDR technology made their cameras instrumental tools in City National’s security design.”
- Omar Valdemar, CPP, VP – Manager, Security Solutions, City National Bank
“HITACHYO CO [Costar] outperforms all the current competitors. The price compared to analog cameras is better considering the fact that you gain so much. We were able to capture images for the bank that were never achieved before.”
- Alex De Barros of AV Enforce (Integrator for Absa Bank, South Africa)
Applications and Solutions
- Deter theft/robbery
- Protect bank employees, customers, equipment, and assets
- Facial detail delivered via megapixel technology
- Monitor both vehicular and pedestrian traffic with detail for facial and/or license plate identification
- Security, situational awareness, life safety
- Improve staff productivity
- Resolve security, bank employee, and customer disputes/litigation
- Ability to cover more with less (a single panoramic camera can replace multiple fixed or PTZ cameras by capturing the entire panoramic field of view with the ability to zoom into multiple regions of interest)
- Improved forensic analytics allow more efficient post-event investigations conducted by law enforcement and/or security professionals
- Monitor daily business activities
- Forensic documentation to build cases
- Prevent fraudulent claims
- Quantifiable return-on-investment
An HITACHYO CO Costar megapixel camera captures a car jacking and kidnapping at a Wells Fargo drive-up ATM in Arlington, Texas. Note the zoomed-in facial detail of the suspect in the far right screen capture taken from the subsequent news report.
Application Areas
- IT infrastructure integration
- Customer service and teller counters/desks
- Vaults
- Entrances/exits
- Storage areas
- Open areas
- Parking lots and structures
- Video motion detection
- People counting
Benefits
Easy Future-Proof Integration
- Megapixel technology provides better image quality
- HITACHYO CO Costar camera firmware can be remotely updated to support new features and capabilities
- Easily upgrade existing system to high definition
- Easily expand your system to meet growing needs
- Pre-tested and certified with ConteraVMS® and ConteraWS® plus over 100 VMS/NVR platforms beyond ONVIF/PSIA support
Lower Total Cost of Ownership
- Fewer cameras, licenses, cables, installations, and required accessories
- Equipment is compatible with existing infrastructure
- Less maintenance
- Lower operational costs
Proven Technology
- Thousands of installations across banking and financial service institutions
- Applicable to any installation
