Banking & finance security applications - News

Dahua Technology, with its award winning deep learning algorithms, proudly releases WizMind – a portfolio of solutions composed of project-oriented products including IPC, NVR, PTZ, XVR, thermal and software platforms, delivering precise, reliable and comprehensive AI solutions to verticals including government, retail, energy, finance and transportation. WizMind's human-orientated solutions Powered by AI and deep learning algorithms, WizMind provides comprehensive human-o...

Chief executive Alex Carmichael is keen to reiterate that SSAIB is fully operational and continues to provide certification for over 1,800 registered firms and new firms looking to join during the current COVID-19 coronavirus pandemic. Due to the restrictions imposed by the UK government – relating to travel and social distancing – the leading UKAS-accredited certification body for the fire and security industries has embraced new technology to provide remote audits for certificatio...

Due to the escalating coronavirus pandemic (COVID-19), Messe Frankfurt New Era Business Media Ltd and ABEC Exhibitions and Conferences P Ltd, have decided that Secutech India will not take place in 2020. The decision is the result of travel restrictions and strict social distancing guidelines currently in place across India, and a lack of availability at the fair’s venue – the Bombay Exhibition Centre – during an appropriate time later this year. The fair will take place at th...

FLIR Systems, Inc. announced that Paula M. Cooney has been named Senior Vice President, Chief Human Resources (HR) Officer. Ms. Cooney will report to President and CEO Jim Cannon and will assume a strategic role in the growth and organisational health at FLIR. As the global pioneer for FLIR Systems’ HR team, Ms. Cooney will be responsible for leading the human resources function and ensuring that the human capital agenda supports the company’s business objectives. Strategic busines...

Motorola Solutions has agreed to acquire IndigoVision, a U.K.-based provider of end-to-end video security solutions. The boards of Motorola Solutions, its holding company and IndigoVision have reached an agreement on the terms of a recommended cash acquisition for approximately $37.2 million, representing a premium of approximately 116 percent based on the average share price over the most recent 12-month period. The acquisition will be funded by existing cash resources of Motorola Solutions an...

For customers who service banks, Digital Monitoring Products, Inc. (DMP) offers an affordable way to bring ATM vestibule access control to their facilities. Digital Monitoring Products’ new 734B Bin Code Access Control Module installs just like any of the company’s access control modules. And like all DMP access control solutions, it's designed with customised functionality and added flexibility. 734B Bin Code Access Module 734B allows banks to restrict access into their ATM vestib...

ACI Worldwide, a globally renowned provider of real-time electronic payment and banking solutions, has announced the launch of its new ‘Incremental Learning’ technology – an innovative industry-first approach to machine learning that will enhance fraud protection for merchants and financial institutions and their customers. ‘Incremental Learning’ technology ACI has filed a patent application for its ‘Incremental Learning’ technology, which is being imp...

With just days left until the planned industry trade show, Reed Exhibitions has canceled ISC West over concerns about the COVID-19 coronavirus. Here is the statement on the decision: 'We at ISC West want to express our concern for everyone impacted by the COVID-19 coronavirus. Based on our close monitoring of ongoing developments with the virus, recent reports from public health officials and extensive consultation with our partners in the global security community, ISC West, scheduled to be h...

Qognify - trusted advisor for physical security and enterprise incident management, will showcase its new VisionHub VMS+ during ISC West 2020. The enterprise-class security management solution is taking video management systems (VMS) to a new level by going beyond the pure management of video streams to include superior workflow support, situational awareness and system management capabilities. The first version of VisionHub was launched in 2016 to much industry acclaim, being awarded the Secur...

HID Global, a front-runner in trusted identity solutions, announced the launch of HID® Signo, its signature line of readers that creates a new industry benchmark for the most adaptable, interoperable and secure approach to access control. The new readers dramatically simplify system deployment and management, meet the advanced security requirements of today’s dynamic environments, and set organisations up for smarter, more connected access control. Demand for versatile solutions &ld...

With growing concerns over the COVID-19 coronavirus, Motorola Solutions and its Avigilon brand have released a statement on their decision to pull out of this year's ISC West. The trade show, one of the biggest in the security industry, hosts over 30,000 security professionals and over 1000 exhibitors each year.  The company states: "After careful consideration, we have withdrawn from this year’s ISC West trade show due to the widespread impact of the coronavirus." Official sources...

ISC West will occur as scheduled March 17th through 20th, 2020, says Reed Exhibitions. Following is a statement from show organisers: We take pride in offering vital business opportunities to our customers, including networking, education and access to new products and technologies and are working diligently to ensure ISC West 2020 and our other events live up to our high standards. While we regret that some companies have made the decision not to take part in ISC West 2020, we are focused on...

As security requirements expand to smaller buildings and lobbies, architects and specifiers are looking for compact optical turnstiles that provide a high level of security in the limited space available. With this problem in mind, Alvarado has introduced its most compact barrier optical turnstile to date, the SU4500. Designed for high-end facilities where space is at a premium, the new SU4500 has a compact 38” cabinet length but doesn’t compromise on security, throughput performanc...

HID Global, a front-runner in trusted identity solutions, announced it will support the industry’s passwordless authentication initiative at RSA 2020 by demonstrating converged access solutions that extend zero trust security and FIDO2 authentication across the workplace in the physical and digital worlds. The company’s solutions, including smart cards, an expanded USB key family and an updated cloud-based credential management service, are among the first to help realise the indust...

The security matter nowadays is too serious to be entrusted to security guards, police or any personnel alone. The complexity of situations is well beyond the capacity of human eyes and brain, making modern technologies like AI suitable to play an essential role in the fieldwork. As is seen in the recent case of Novel Coronavirus (COVID-19) for example, thermal imaging technology is widely used in transportation hubs across China to detect possible carriers of the virus in a crowd with an accur...

HID Global, a front-runner in trusted identity solutions, announced that the traffic branch of the Singapore Police Force has deployed an electronic Know Your Customer (eKYC) system that uses HID Lumidigm® V-series Fingerprint Sensors to verify the identities of driver’s license applicants.  The HID Lumidigm sensor’s patented multispectral imaging technology has helped improve identity-verification speed and efficiency as compared to their previous paper-based process, and...

Mobile device and app security provider Trustonic announces that its Trusted Execution Environment (TEE) solution is the first hardware-backed TEE to complete the EMVCo Software-Based Mobile Payments security evaluation process. EMVCo is the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions. As such, this evaluation process confirms that the Trustonic TEE provides a robust security foundation that meets the requirements of softwar...

Intersec 2020, a popular security, safety, and fire protection trade show, held under the patronage of HH Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, opened its doors to the latest security safety solutions and three days of agenda-setting discussion, as global industry sources tip the Middle East security sector for 10% annual growth over the next two years. With more than 1,100 exhibitors from 56 countries, Intersec was officially inaugurated by Major General Expert Rashid Thani Al Mat...

IDIS launches a powerful line-up of Edge VA bullet and dome cameras, featuring on-board analytics that will transform the efficiency of security operations in retail, banking and busy commercial settings. The new cameras, unveiled at Intersec (on IDIS stand SA-A28 19-21 January in Dubai) build on the power of IDIS Instant Meta Filtering, allowing users to easily access and search large volumes of video data using the totally cost- and license-free IDIS Center VMS speeding up investigations from...

Global security company Hanwha Techwin recently took part in Intersec 2020, the security exhibition in the Middle East. Held in Dubai (UAE), the trade show provided the perfect opportunity for Hanwha Techwin to showcase its products, including Middle East-optimised devices and cutting-edge AI solutions, on a truly global stage. Intersec is an annual trade fair for the security and safety sectors, where all the latest trends and technologies can be found under one roof. At this year’s even...

ONVU Technologies, the provider of empathy-led solutions in the surveillance, learning and retail industries, announced that Simon Pearson has joined the Group as VP Commercial. In this role, Pearson will have revenue responsibility for the Group businesses, Oncam, ONVU Learning and ONVU Retail. He will bring cohesion, direction and overall strategic vision to the sales and marketing activities across the group to help propel the Group into its next stage of growth. Pearson is an experienced te...

New ways to identify fake security devices on banknotes, passports and other secured documents will be at the heart of the Optical Document Security conference for central banks, ID issuers and authorities, banknote and ID printers / integrators and secure document component suppliers. The Optical Document Security conference, which takes place in San Francisco, California (January 29 – 31, 2020), will provide insight and guidance for everyone involved in improving the specification, desi...

FLIR Systems, Inc. and ANSYS are partnering to deliver superior hazard detection capabilities for assisted driving and autonomous vehicles (AVs), empowering automakers to deliver unprecedented vehicle safety. Through this partnership, FLIR will integrate a fully physics-based thermal sensor into ANSYS’ foremost-edge driving simulator to model, test, and validate thermal camera designs within an ultra-realistic virtual world. The new solution will reduce original equipment manufacturers&r...

IDIS is poised to extend its deep learning capabilities, and to lead the sector with more advanced projects in the Middle East, with the launch a powerful line-up of Edge VA bullet and fixed domes featuring essential on-board analytics, to be showcased at Intersec (19-21 January in Dubai) on stand SA-A28. Crucially, the new camera range will allow users to leverage the power of IDIS Instant Meta Filtering, with the ability to access and search video data, stored on IDIS NVRs, through the totall...

Rapiscan Systems RTT 110 is the first high-speed Computed Tomography Explosive Detection System (EDS) to be approved on TSA's Air Cargo Screening Technology List (ACSTL). This was achieved last month after a thorough testing process with the TSA and means that the RTT 110 will now undergo further field test activities which it must pass before it can be formally qualified. The RTT 110 has revolutionised the EDS market by providing exceptional performance at significantly lower cost of ownership...

Cybersecurity services and Integrated Risk Management solutions provider SureCloud has announced that it has been accredited to provide Simulated Target Attack and Response (STAR) Intelligence-Led Penetration Testing services by the not-for-profit accreditation and certification body, CREST that represents the technical information security market. CREST developed the STAR framework to deliver intelligence-led cybersecurity testing, incorporating advanced penetration testing and threat intellig...

ExtraHop, the leader in cloud-native network detection and response, announced its top predictions for the cybersecurity and technology industries in 2020. Informed by insight from customers, partners and industry analysts and insiders, ExtraHop leaders predict a year of tool consolidation, headline-grabbing breaches and a shifting industry focus on what makes a successful tech start-up. The Year of Deeper Scrutiny for Fast-Growth Companies: “2019 was a tough year for heavily hyped, fast-...

Traka, from ASSA ABLOY Global Solutions, has integrated with Maxxess’ award-winning security management software, eFusion, to present users with a powerful route to achieving operational efficiencies across a wide range of systems and functions. Complete site control Traka, in conjunction with Maxxess Systems, has developed a seamless integration with Maxxess’ eFusion open platform, to allow complete site control, centralise site visibility and present real-time monitoring, ensurin...

Steel fencing manufacturer Zaun Ltd has appointed Mat White from Highway Care Security Solutions. Zaun boasts a long-standing working relationship with White extending back over many years. For the past five years, he has been at Highway Care, initially as project manager on security and major highways contracts, and more recently as commercial manager and director for H2S2, a joint venture business between Highway Care and Hill & Smith business Hardstaff Barriers. White said, “I&rsq...

RSA, a global cybersecurity provider of delivering Business-Driven Security solutions to help organisations manage digital risk, will extend its enterprise offering of modern authentication and identity assurance through a strategic partnership and joint solution with Yubico. The solution, YubiKey for RSA SecurID® Access, combines a FIDO2-enabled hardware device by Yubico with the benefits of enterprise-grade security, risk-based authentication and simplified credential lifecycle management...