Top 4 Advantages of Panoramic Surveillance in the Banking Industry | Oncam

As technology advances at an incredibly fast pace, financial institutions are provided with a multitude of opportunities for growth — but they’re also faced with various new challenges and risks. Criminals around the world are undoubtedly becoming more sophisticated as they turn to new methods to bypass safety measures and steal hard-earned funds, which can be especially devastating during the holiday season this time of year.

It’s clear that financial organizations must deploy a comprehensive security solution to ensure protection, and one that leverages panoramic video technology can provide incredible value. Whether it’s at an ATM, cash counting rooms, public areas within bank branches or reception areas at corporate head offices, a trusted and dependable surveillance system is needed to keep clients, staff, assets and confidential information safe.

Wide-angle and panoramic surveillance cameras provide four key benefits for branch managers and security personnel:

  • Increased awareness. The makeup of the inside of a bank is typically thought of in two separate parts: the lobby and behind the desk. But with many moving pieces between the two, the ability to monitor both sides of the teller line simultaneously is crucial. Panoramic surveillance technology enables operators to obtain a complete view of the facility, elevating the understanding of the entire scene as it unfolds.
  • Enhanced response. While delivering a clear picture of a financial institution’s daily traffic as well as after hours, management can stay alert of all activity taking place and immediately address any red flags or suspicious behavior. In high-security and mission-critical applications such as in a bank, an incident must be mitigated as soon as possible, and reliability cannot be taken for granted.
  • Interoperability. Through the ability of an open-platform surveillance solution to integrate with additional technology such as a video management system, financial organizations can achieve streamlined operations and simplified management of large-scale deployments. Banks can control all cameras and configure devices from a single platform, creating a robust yet cost-effective solution that meets evolving needs.
  • Customer service. The functionality of the video data gleaned from wide-angle surveillance cameras reaches far beyond simply security. A bank can observe trends, increased traffic and staffing levels, allowing managers to make impactful adjustments and improve customer satisfaction.

Establishing a comprehensive and advanced security solution is not just an option for a financial institution — it’s a necessity to combat the very real and increasing threats facing the industry such as theft and fraud. Effectively safeguarding customers and assets starts with utilizing a panoramic surveillance system that elevates situational awareness and boosts efficiencies. Learn more about how VyStar Credit Union in Jacksonville, FL., benefited from this strategy.