Verint Technology Named Among Top 67 Money-Saving Products for 2018

Company Recognized for Innovation that Streamlines Investigations in Today’s Banking Environments

MELVILLE, N.Y.
,

Verint® Systems Inc. (Nasdaq: VRNT), The Customer Engagement Company, today announced that its Evidence Center solution has been selected as a 2018 “Money-Saving Product” by BUILDINGS Magazine. The publication’s editorial team awarded the technology based on its ability to help security leaders and fraud investigators simplify, modernize and automate the investigations process, save money and improve returns on investment.

Verint Evidence Center, part of the Verint EdgeVMS software portfolio, enables banks and credit unions to automate their intelligence gathering abilities, simplify investigations, and combat and resolve bank fraud in a modern, cost-efficient manner. One customer alone reported the solution has reduced fraud investigation time up to 85 percent. With Verint Evidence Center, financial institutions can reduce risk and improve their operational efficiency for fraud investigation.

The Verint solution also simplifies the collection of transaction data by associating video with specific transactions automatically, allowing investigators to identify transactions through specific search criteria, including location, ATM or teller position, transaction ID and transaction amount.

“This honor further reinforces Verint’s commitment to helping financial institutions address today’s complex business challenges,” says Verint’s Matt Tengwall, vice president and general manager, banking and retail solutions. “Part of our core mission is to deliver solutions that quickly identify the most valuable pieces of information to empower banks to make more informed decisions to reduce loss and enhance the customer experience.”

To learn more about Verint’s advanced solutions for branch surveillance and investigation solutions, click here.