Verint Unveils New Security and Fraud Investigation Software that Significantly Improves Productivity and Helps to Reduce Risk for Financial Institutions

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Verint Video Investigator Simplifies the Complexity of Security and Fraud Operations through a Modern, Innovative Platform

Verint® Systems has announced a new software platform to help banks and credit unions simplify, modernize, and automate security, surveillance and fraud investigations across their enterprise.

“Video Investigator has a very modern user interface, making it easy for me to access more data than what I would’ve been able to gather before,” said David Campbell, vice president of corporate security, Dollar Bank. “All of the information I need is right there in front of me, packaged in an organized manner, and it is very easy to access data. I am very impressed overall.”

Verint Video Investigator eases the daily challenges security investigators face. It simplifies and reduces the time to access live and recorded video through an intuitive interface, empowering users to quickly find the data needed to eliminate risks while increasing productivity. With an enhanced user experience, investigators can reduce training time, align investigation workflow, streamline video sharing, and focus on more critical tasks.

4The fraud and security challenges banks contend with can be overwhelming, but prompt action is necessary to limit the damage that can greatly affect customers, employees, and the brand. When an incident occurs, investigators must turn to innovative security tools to be able to swiftly locate and analyze data. But these solutions are typically complex to use and manage.

“Banks and credit unions have data and security workloads spread across multiple platforms and as a result, business processes, compliance, and data-gathering efforts can be hampered,” said Brian Lettiere, vice president product management, Verint. “The challenge is to overcome data and technology siloes to quickly deploy new services that reduce complexity and enhance usability.” Verint Video Investigator is a leading industry solution designed specifically for financial fraud and security personnel to help facilitate cohesive and straightforward threat mitigation and investigations. Lettiere added, “Verint Video Investigation is backwards compatible and fully integrated with our entire video software management platform.”

Verint Video Investigator provides organizations with an intuitive platform that can easily be leveraged across multiple departments to provide the actionable intelligence needed for effective risk management. Investigators can experience an overall time savings of more than 50 percent in an average investigation due to a streamlined user experience and quicker access to video.

To learn more about Verint’s complete portfolio of solutions for the financial services sector, visit booth #26049 at the ICS West conference in Las Vegas, April 10-12 or attend an upcoming webinar, “Experience the Power of Verint’s Video Investigator” on Thursday, April 18th at 1:00p.m. CT.

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, more than 10,000 organizations in approximately 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.

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, 2019, 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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