National Bank of Commerce Standardizes on Branch Surveillance and Investigation Solutions from Verint
MELVILLE, N.Y., October 25, 2017 – Verint® Systems Inc. (Nasdaq: VRNT) today announced that National Bank of Commerce (NBC) has standardized its security technology infrastructure on Verint solutions. The 80-year-old financial institution, which provides financial services in Wisconsin and Minnesota, leverages Verint’s solutions to enhance security, boost investigation effectiveness, and reduce fraud at its full-service retail bank branches and operations centers.
“We are pleased to have expanded our relationship with Verint,” says Troy Lambert, vice president, eServices director, National Bank of Commerce. “By standardizing on Verint solutions, National Bank of Commerce gains comprehensive surveillance coverage, dramatically improved image quality, and centralized management functions to ease system management across our facilities.”
Since 2016, NBC has leveraged Verint’s powerful solution to manage and monitor its security assets. Using the solution across its distributed footprint, NBC has centralized the management of its security operations. As a result, the bank has reduced cost and complexity and increased productivity.
“Verint technologies are trusted by today’s leading financial service organizations, and our experience in this market enables us to help our customers continually improve their defenses against fraud,” says Verint’s Matt Tengwall, vice president and general manager, banking and retail solutions. “We take pride in our ability to help organizations like National Bank of Commerce evolve its technology deployment to realize increased security and business intelligence.”
About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. 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.
1 Accenture Consulting, “Compliance: Dare to be Different, 2017 Compliance Risk Study”
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, 2018, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2018, 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.
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