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Wells Fargo Enhances Security Across 4000 branch locations with Verint's networked video solution

Solution Enables Major US Bank to Effectively Protect Vital Banking Operations

Verint Systems Inc. (NASDAQ: VRNT), a leading provider of analytical software-based solutions for security and business intelligence, today announced that Wells Fargo has recently completed deployment of Verint’s Networked Video Solutions at its 4000th branch bank location in the United States.

Wells Fargo is a diversified financial services company, providing banking, insurance, investments, mortgage and consumer finance for more than 23 million customers across America. Verint’s Video Solution enables Wells Fargo to network and collect video from multiple areas of their branch banks, including tellers, cash rooms, drive-up windows and ATMs. Wells Fargo uses Verint’s solutions to centrally investigate security breaches, including theft and fraudulent transactions, and to help resolve customer disputes in a timely manner.

“Verint has been an outstanding partner in enhancing the security of our retail banking centres,” said John Shriner, Director of Physical Security, Wells Fargo. “Verint’s market leadership and expertise in the unique challenges that face our industry continue to make them the vendor of choice for leading banks across the US.

“Verint continues to lead the market with scaleable networkable video solutions desiged for organisations with geographically dispersed operations , such as Wells Fargo,” said Dan Bodner, President and CEO the Verint Sysems Inc. “Verint has significant experience working with banks and is committed to developing innovative actionable intelligence solutions to help the financial industry enhance security.”

Verint Security Solutions enable government and commercials organisations to enhance security by applying advanced content analytics to extract actionable intelligence from video, audio and other data. By alerting personnel to potential security threats, Verint’s Security Solutions are designed to help organisations prevent security breaches and improve response time.

Email: robert.wint@verint.com

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